Vardhman Textiles is positive on a better performance in the current fiscal on the back of a weak rupee. SP Oswal, its CMD feels that with the rupee currently appreciating, there will also be stability in the raw material costs, which will be better for the company's prospects.
Dinesh Kanabar, deputy CEO and chairman, tax, KPMG says, in an interview, that clarity on the TRC was a significant positive and called for the implementation of tax recommendations to boost investors' mood.