Feb 01, 2016 01:03 PM IST
The street is very worried about order inflows and Middle East exposure. On both counts, L&T has delivered decent numbers in Q3. Further, it has broadly maintained guidance on revenues and margins.
- Jan 27, 2016 08:36 AM IST
James Glassman, Senior Economist at JP Morgan believes oil market conditions are positive for emerging markets like India and China.
- Jan 13, 2016 08:57 AM IST
The one big event that could cause significant outperformance for India would be the RBI moving into a easing cycle but that is still a bit away, says Adrian Mowat of JP Morgan.
- Dec 22, 2015 09:35 AM IST
JP Morgan maintains overweight rating on the stock with a target of Rs 140 per share by March, 2016. The brokerage says that Kurla land sale is likely to accelerate debt reduction.
- Dec 16, 2015 09:56 PM IST
The 'Big Day' will certainly have a tremendous amount of impact on Indian market and here is how the market experts analyse the same.
- Dec 14, 2015 12:58 PM IST
JP Morgan says that the Royal Enfield maker's valuations multiples may moderate as growth rate eases. It also warns that sharp reduction is seen in waiting periods as competition increases with other companies will be launching new products in lifestyle biking segment.
- Dec 11, 2015 10:06 PM IST
"Kolte-Patil Developers has entered into a Rs 120 crore co-development agreement with Metropolitan Lifespace Real Estate Developers for its redevelopment project, Jay-Vijay Society, in Vile Parle East in Mumbai", the company said in a statement.
- Nov 26, 2015 08:23 PM IST
While foreigners had not previously explicitly been banned from buying defaulted bonds, officials said investors had sought clarity from the Reserve Bank of India after a unit of JP Morgan in India suffered significant mark-to-market losses in late August.
- Nov 23, 2015 10:52 AM IST
According to him, 2016 median EPS growth is optimistic at 22 percent but even with downgrades growth will be high relative to the region.
- Nov 03, 2015 05:32 PM IST
Alkem Labs' share sale will be India's third high-profile market debut in the last three months of 2015, after airline IndiGo raised USD 459 million and Coffee Day Enterprises raised USD 176 million.
- Nov 03, 2015 04:31 PM IST
More than half of the restructuring costs would come from potential losses on liquidating assets and businesses, the bank said in a statement.
- Nov 03, 2015 09:08 AM IST
Garg says he continues to see rotational opportunities as the main plays, with main trades being underweight on India, China likely to go nowhere, continue to prefer consumer discretionary versus staples, technology over financials and commodity sectors to remain challenged.
- Oct 29, 2015 11:33 AM IST
CLSA has retained buy rating with a lowered target price of Rs 280 per share. It has also slashed earnings per share estimates by 15-18 percent as weak macro and capacity constraints impacted volume growth. It feels that Ambuja will be a natural beneficiary of economic revival.
- Oct 23, 2015 11:54 AM IST
Shares of Idea Cellular slumped 6 percent after its September quarter results. The telecom service provider's volumes and average revenue per user (ARPU) in Q2 declined on sequential basis while both voice and data realisations were under pressure.
- Oct 19, 2015 10:47 AM IST
Amtek Auto's Vice Chairman and Global CEO John Flintham said the company has reached an agreement with JP Morgan Asset Management, which holds Rs 200 crore of its non-convertible debentures (NCDs) which were to be redeemed last month.
- Oct 14, 2015 09:39 AM IST
In a survey at brokerage's Emerging Markets Credit and Equity conference, EM equities received most votes for best performing asset class in 2016, says Mowat, adding India remains the preferred market.
- Oct 12, 2015 11:09 AM IST
The stock fell off the cliff within minutes and touched intraday low of Rs 1108.90 per share, touching as low as 5 percent. News of revising dollar revenue and CFO Rajiv Bansal's resignation led the stock into a tizzy soon after.
- Oct 08, 2015 01:07 PM IST
"Trustee of British Steel Pension Scheme (BSPS) and Tata Steel UK (TSUK), an indirect subsidiary of Tata Steel have concluded triennial actuarial valuation of the scheme as at March 31, 2014," says the company in its filing.
- Sep 30, 2015 10:01 AM IST
Banks working on the deal include AB InBev‘s core relationship banks: Banco Santander, Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Deutsche Bank, ING, JP Morgan, Mizuho Bank, Royal Bank of Scotland, Societe Generale and SMBC, banking sources said.
- Sep 26, 2015 01:00 PM IST
Economists say the key takeaway from the RBI monetary policy would be the inflation target by Governor Rajan.
- Sep 25, 2015 09:59 AM IST
Modi, who kicked off his second visit to the US in a year with a meeting with eight of the top 10 financial entities in America including JP Morgan and Blackstone, outlined efforts made during the last 15 months to increase investment in key areas like infrastructure
- Sep 24, 2015 09:46 PM IST
Kicking off his second visit to the US in one year with a meeting with eight of the top 10 financial entities in the US, including JP Morgan and Blackstone, Modi outlined efforts made during the last 15 months to increase investment in key areas like infrastructure.
- Sep 24, 2015 08:37 PM IST
While talking to the CEOs, Modi said his government strongly supports Public Private Partnership. "GDP growth last year was 7.3 percent. There has been a 40 percent increase in FDI; WB, IMF," he said.
- Sep 22, 2015 02:10 PM IST
The Volkswagen scandal looks set to permanently damage that image. Small wonder that Germany's politicians are calling for blood, with Lower Saxony's Economy Minister Olaf Lies warning of "personnel consequences" already.
- Sep 16, 2015 09:18 AM IST
Most fund houses investing in India hold corporate debt until maturity, but, with the secondary debt market still shallow, complications can arise if they face an unexpected hitch and sudden redemption requests.