Market in yesterday‘s trade rallied owing to the gains from healthcare stocks. Swati Kulkarni of UTI MF said that pharma companies are going through the remediation process and after they US FDA approvals, the pharma stocks will perform well.
With an objective to emerge as a better bank, preference of consolidation will be for banks which can give a complimentary edge in geographical presence, says PS Jayakumar, CEO and Managing Director, of Bank of Baroda.
Currently, Narayana Hrudayalaya is in the process of commissioning four new hospitals, one each in Mumbai, Lucknow, Bhubaneshwar and Kenya, says CFO Kesavan Venugopalan
The average collection period of debtors stands reduced by 30 days, says Devansh Jain, the whole-time director of company.
Having multiple sources of incomes, ensures that you can live a rich, comfortable and risk-resistant life. In the long term you enjoy peach of mind and pass on rich legacy to your next generation.
In an interview with CNBC-TV18, Ramesh Iyer, Managing Director of M&M Financial Services said recovery in growth and NPAs is expected in festival season from September onwards.
Anish Damania of IDFC Securities says interest in construction companies is making a comeback. While cash flows continues to remain an issue, they are receiving orders.
In terms of the phosphatic business there will be pressure because the prices of raw materials ammonia and phospheric acid have gone up substantially, says PK Ghose of Tata Chemicals.
Unitech currently has over 100 ongoing projects, totalling an area of 38.41 million sq ft. Its net debt stood at Rs 5,900 crore at the end of the first quarter of this fiscal.
Cairn India, which announced the buyback in November, said the move would result in a maximum reduction of its equity capital by about 8.9 percent.
Irfan Razack, Chairman & Managing Director, Prestige Estates Projects told CNBC-TV18 that on August 15 it will launch another big project in North Bangalore called Prestige Royal Gardens which has got 1696 units and is hopeful to perform well.
Cash flows are under a lot of pressure which has resulted in a slight increase in gross NPA and net NPA, says OBC CMD SL Bansal. Meanwhile, the bank aims to maintain net interest margin in the range of 2.85-2.87 percent ahead.
Nischal Maheshwari of Edelweiss Financial Services recommends continue holding quality stocks for the moment.
In an interview to CNBC-TV18, Ananda Bhoumik of India Ratings and Vaibhav Agrawal of Angel Broking spoke about thier outlook on the banking sector and the road ahead.
Peter Kerkar, ED, Cox & Kings (India) explains to CNBC-TV18 that the company's acquisition of Holidaybreak, a company with strong cash flows, and its foray into education has supported efforts to reduce debt and boost income for the quarter. The company also plans to post a topline revenue of Rs 1,000 crore for FY13.
We often use the term rich and wealthy interchangeably. But do they actually mean the same. If one gets hundred rupees now as gift we say he is richer by hundred rupees, however we do not use the term that he is wealthier by hundred rupees.
As Financial Planners, we deal intricately with the financial lives of many individuals and families.
Sangeeta Purushottam, MD, Nine Rivers Capital, was not optimistic about the effect of the course of political events after the Railway Budget on the market
Peter Kerkar, ED, Cox & Kings (India) Ltd stated that debt had to be seen in the perspective of dramatic increase in earnings, thanks to the acquisition of UK education company, Holidaybreak.
President Barack Obama's call for changes to a mortgage refinance initiative is already costing bond investors, even before it can prop up the housing market and the economy.
PN Vijay, Portfolio Manager gives his top five blue-chips picks. He also explains how mutual funds are a vehicle that aid small investors with Rs 1-3 lakh funds by making their market journey less bumpy.
Over the course of the past few weeks we have been talking about various asset classes and how to go about investing in them. Perhaps the backbone or the central theme of any investing lies in how you analyze a company or the worth of a particular asset and then reach a logical conclusion.
Speaking to CNBC-TV18, S Radhakrishnan, whole-time director of pharma major Cipla said new MAT charge will impact the company's cash flows.