Bharat Doshi, executive director and group chief financial officer, M&M is optimistic on the days ahead. He says the good monsoon seen throughout the country and the upcoming festive season should boost sales.
For sentiments to improve, policy pronouncements need to see an immediate follow through action by the government, says Bharat Doshi of M&M.
Bharat Doshi, ED & Group CFO, Mahindra & Mahindra, doubts the Reserve Bank of India‘s (RBI) final guidelines to allow licensing of new private sector banks. He told CNBC-TV18 that more clarity on the transition provisions is required.
Dr Andrew Kuper, President & Founder of LeapFrog Investments said, the company is very excited to form a strategic alliance with Mahindra and they are looking forward to grow Mahindra Insurance Broking further. Leapfrog will help to bring the best global practices to its Indian business as well, added Kuper.
Bharat Doshi, executive director and group CFO at M&M said the upcoming festive season demand will be an important indicator for the auto industry.
This is a special series on the Parliamentary Standing Committee's recommendation of a Code for Independent Directors in the Companies Bill 2009.
In an interview with CNBC-TV18, Bharat Doshi, Executive Director & Group CFO and Rajeev Dubey, President - HR, M&M spoke on their expectations from the finance minister this budget and the road ahead for the auto industry.