Speaking to CNBC-TV18 from the side-lines of Chasing growth 2017, the annual global investor conference hosted by Kotak Institutional Equities, Paytm CEO Vijay Shekhar Sharma said that the company believe that whatever money comes in the market, offline will remain bigger transaction category than online for Paytm.
Speaking to CNBC-TV18, Shanti Ekambaram said that two years back, bank deposit rates were near 9 percent and is now down by 200 basis point. She expects stability in deposit rates in the near future, unless the sluggish credit demand falls further.
Tata Motors‘ declared a dismal set of quarterly numbers yesterday, with consolidated profit falling 96 percent year-on-year to Rs 112 crore.
Speaking to CNBC-TV18, Ramesh said that a few top companies from the renewables space are likely to get listed and will receive a good response from the market.
Tune in for live updates on the Infosys story.
Investment cycle in the private sector is negative with capacity utilisation still only around 70 percent. KVS Manian at Kotak Mahindra Bank says utilisation levels will likely cross 80 percent over the next 9-12 months, and trigger investments.
Some of the top public sector banks declared their quarterly results last week and senior analyst MB Mahesh of Kotak Institutional Equities says there have not been any major negative surprises. The results were in-line for some banks and better-than- expected for others, he says.
The strength of the US dollar will decide the fate of the emerging markets (EMs), said Sanjeev Prasad, Senior ED & Co-Head at Kotak Institutional Equities.
Speaking to CNBC-TV18, Uday Kotak said that the world could see a mega trend which is protectionism and in changing global narrative there will be some slowdown in trade.
Kotak has lowered Bharti's target price by 3 percent and cut earnings estimate between 3 and 5 percent. He is super bullish on Idea because the company has one of the best balance sheets in the industry.
In an interview to CNBC-TV18, Murtuza Arsiwalla, Senior Analyst at Kotak Institutional Equities talks about the earnings of cement companies.
There is cause for optimism as we look at fiscal 2016. Experts say number of issuances are slated to hit the market in FY16
In an interview to CNBC-TV18 Kawaljeet Saluja, Kotak Institutional Equities shares his views on IT sector and his preferred bets going ahead.
Speaking to CNBC-TV18 from the sidelines of three-day Kotak Conference, Adi Godrej says the advertisement spending is likely to remain at elevated levels. The company is confident of delivering strong bottomline growth going ahead.
Larsen and Toubro (L&T) disappointed street with the third quarter profit falling 14.6 percent year-on-year to Rs 1,060 crore on standalone basis, dented by lower operating income, higher depreciation and interest costs.
Speaking to CNBC-TV18 on the sidelines of three-day Kotak Global Investor Conference, Sanjeev Prasad, Senior ED & Co-head, Kotak Institutional Equities says that though macros are improving, they are not translating into better earnings. He lowered the FY15 earnings growth expectation to 7 percent from 14 percent.
Continuing his optimism in Modi-led BJP government, HDFC chairman Deepak Parekh said he is looking forward to better execution of policies now than what has happened in the last few months.
Speaking to CNBC-TV18 from the sidelines of the three-day Kotak Conference, C Jayaram says broadly, market sentiment remains positive and a possible victory of Aam Aadmi Party (AAP) in Delhi elections is unlikely to cause much uproar in the market.
Speaking at the Global Investor Conference, Kotak said he believes that the government would certainly be focused on the quantity of the fiscal deficit and would like to project it at 3.6 percent of GDP by FY16.
Bhatia is not expecting any major tax incentives from the government in this Budget, given the weak fiscal situation.
The Reserve Bank of India has introduced liquidity coverage ratio (LCR) which requires banks to hold significantly higher levels of liquidity compared to earlier times.