Managing Partner

In today's stock market update for February 17, we highlight key stocks to watch: Wipro, which appointed Amit Kumar as Managing Partner and Global Head of Consulting; BHEL, which secured a Letter of Intent for a thermal power project; and Alembic Pharma, which received a Voluntary Action Indicated classification from the US FDA for its Jarod facility. Zydus Lifesciences passed a successful US FDA inspection with no observations at its Ambernath site. Meanwhile, Ujjivan Small Finance Bank and Shriram Finance face RBI penalties for non-compliance with loan and KYC regulations. Stay tuned for more market insights!

Trump may weigh on stocks but earnings may surprise: Sanger

However, there are two reasons why Indian markets could do well: the economy could bounce back from demonetisation-induced slowdown and the Budget and GST rollout may be positive triggers, says Arvind Sanger, Managing Partner, Geosphere Capital Management.

Rexit: What do industry and market experts think?

We were all worried about the Brexit vote this week, but I think now we are going to grapple with 'Rexit'. I think Rajan going out, of course, will not be taken well by the market. The initial reaction will obviously be down for the market, said Ramesh Damani, Member, BSE.

Budget 2016: Here's a wishlist from the start-up community

CNBC-TV18 caught up with some of the most successful start-up entrepreneurs‘ and investors on the sidelines of the Surge Summit in Bangaluru to find out what they wanted from the Budget.

Here's how GST would impact the cement industry

CNBC-TV18‘s Menaka Doshi in a special series ‘Hello GST‘ analysis the impact of GST on the cement industry and the bill may not prove to be a positive for the industry.

Brookfield buys into Indian infra with road and power deal

A consortium composed of Brookfield and the Core Infrastructure India Fund Pte Ltd are buying the projects, six of which are operational, said Ambit Holdings, which advised Gammon on the deal.

Investors cut EM, commodity holdings to record lows

The number of investors pulling out of commodities has increased, with "aggressive" underweights to the sector hitting a record high, according to the Bank of American Merrill Lynch.

Blackstone sells stake in Agile to 4 firms

Among others, the stake of Blackstone Group in India's electric motor manufacturer Agile was sold to Igarashi Electric Works Ltd (IEWL), MAPE Securities Private Limited and Alpha FDI Holdings Pte Ltd.

BlueStone raises Rs 100cr from Accel, IVY Cap & others

The Rs 100 crore funding is led by Accel Partners, IVY Capital and Dragoneer, with participation from Kalaari Capital and Saama Capital, BlueStone.com said in a statement. Avendus Capital was brought in as advisor for this transaction, it added.

Iron ore imports hit record 15.5 MT in 14/15

Formerly the world's No. 3 supplier of iron ore, India has been importing it over the past three years due to court-imposed restrictions aimed at curbing illegal mining in the major producing states of Karnataka and Goa.

India Value to raise $700m to invest in emerging businesses

Indium–V is a sector-agnostic fund and has a strategy of partnering with entrepreneurs and management teams to build a portfolio of majority and significant minority investments, it said.

Exit Infosys around Rs 2500-2600: Baliga

Ambareesh Baliga, Managing Partner, Edelweiss Financial Services advises to exit from Infosys around Rs 2500-2600.

India's 7-9% GDP growth attracts investors: Karma Cap

Nandita Parker, Managing Partner, Karma Capital, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, spoke about her reading of the market and her outlook.