There are over a million active poker players in India and they are growing by 20-30 percent, said Raj Kundra, MD, Viaan Industries.
In medium-term there would be significant acceleration in housing purchases, which could be a big opportunity for housing finance companies to lend to, said Jayesh Gandhi of Birla Sun Life AMC.
Introduction of confectionery was to utilise the full potential of distribution chain and the deep rural reach, said Amritanshu Khaitan, MD, Eveready India.
The Cabinet on Wednesday allowed 100 percent foreign direct investment (FDI) under the automatic route for single-brand retail. To discuss in detail what would be the positive impact of the above development on ground for the retail companies CNBC-TV18 spoke to Rakesh Biyani, Joint MD, Future Retail, J Suresh, MD and CEO, Arvind Lifestyle Brands and to know the impact on their growth and stock prices, they spoke to Abneesh Roy, Senior VP, Edelweiss Securities.
The traffic growth in the last quarter has improved and bidding pipeline is also expected to be strong going forward, said Paresh Mehta, CFO, Ashoka Buildcon.
By the year-end, orderbook is expected to be around Rs 7500 cr plus and margins to sustain at 10 percent, said Manoj Tulsian, Wholetime Director and CFO, JMC Projects.
All the parameters of the company look positive and so they expect their rating to improve going forward, said Kailash Baheti, CFO, Magma Fincorp.
There are hopes that at some point in time Jio will rationalise its tariffs but if this continues, then they would have to revise their outlook back to negative, said Nitin Soni of Fitch Ratings.
NSE would definitely like to venture into commodities if convergence is allowed, said Vikram Limaye, CEO, NSE.
The GST related issues are behind them and so are the issues related to demonetisation. One is seeing definite improvement in the overall business demand, said Harsh Mariwala, Chairman, Marico.
The slippage ratio is also on a downward trend and expect it to range between 1-1.5% in 1-2 years, said N Kamakodi, MD CEO, City Union Bank.
There will be budgetary allocations into three critical areas of agriculture -- rural insurance, irrigation projects and eNAM, said Balram Yadav, MD, Godrej Agrovet.
Expect a 5-8 percent gold loan book growth in second half of FY18, said VP Nandakumar, MD & CEO, Manappuram General Finance
For the last few quarters the bank has been focusing on building up provision coverage ratio, said Anshula Kant, DMD & CFO, State Bank of India.
Going forward after March 2018, the company is not expecting any disruptions and in fact more benefits of GST to flow through, Vinod Aggarwal, MD & CEO - VE Commercial Vehicles, Eicher Motors.
Setting up a housing finance company was always in the pipeline but were waiting for right opportunity, said N Srinivasan, Executive Vice Chairman & MD, Cholamandalam Investment And Finance
With no segment of life likely to remain untouched by technology, the demand is only going to grow, said Vineet Nayyar, Vice Chairman, Tech Mahindra.
When we raise capital, we like to raise with a five-seven- eight-ten year view, said Keki Mistry, Vice Chairman & CEO, HDFC.
Religare has a good client base and it was a good strategic fit for Edelweiss' wealth management business, said Rashesh Shah of Edelweiss.
The demand of herbal and Ayurveda oral care products is very robust and could be a sign that in the long-term the herbal story could be substantially bigger than what it is, said Sunil Duggal, CEO, Dabur.
The 28 percent GST tax slab is hurting the tourism sector, he said Vivek Nair, CMD, Hotel Leela Ventures.
Removal of this limit will increase the buying by the traders and help increase dmeand and the prices going forward, said Abinash Verma, Director General, ISMA.
Amit Jaiswal, CFO, Royal Orchid said besides Dwarka hotel some other management properties will be in Ajmer, Somnath, Indore, Pushkar.
Definitely seeing an uptick in rural financing because they are present across the country and have multiple products, said Ramesh Iyer, VC & MD, M&M Financial Services.
Increasing cap on iron ore mining in Karnataka a big relief, said RK Goyal, MD of Kalyani Steels.