Budget 2017: Infrastructure status to drive real estate sector
Finance Minister Arun Jaitley made a landmark announcement of granting infrastructure status to affordable housing. This is a welcome move for both the consumer and the real estate industry. Housing and infrastructure, we believe are two important pillars to increase GDP and accelerate economic growth
Market will be happy if FM keeps a fiscal target of 3.5% in FY18
Market is looking for are fiscal target and Government spending. Market will be happy if FM maintains a fiscal target of not more than 3.5% in FY18 as in FY17.This is because infrastructure and rural spending will an important arena to push for in the long-term
Lower tax rates to spur consumption; infra spend to revive capex
We believe that government‘s aim is to leave consumers with more disposable income and fuel the consumption demand. Therefore, lower tax rates will play an important trigger, as interest rates have come off in a big way
Maternity Bill still has a long way to go
The Act is applicable to every establishment (including a factory, mine or plantation) and to every shop or establishment employing ten or more persons in the preceding twelve months.
Sweat equity shares a way to reward your employees
New age companies are keen to keep the best employees who bring in their know-how, and technical expertise that adds to the business value of a company. In order to keep them motivated and involved, companies are going an extra mile to reward them by giving them ESOPs / Sweat Equity.
Why a Big Bazaar will never be able to beat a Flipkart
Despite having billions under their kitty, big corporates in India or elsewhere struggle against startup. Here are 10 reasons why.
View: Market tired in short term but long term bull trend intact
Indian equities are on an uptrend for over five months, and have not seen any meaningful correction after hitting 52-week lows in Feb 2016. This long rally in Indian equities is clearly showing signs of fatigue.
'Inflation unlikely to be drastic enough to warrant a rate cut'
The RBI retained its inflation projections (i.e. of a central trajectory towards 5 percent by March 2017) and suggested that the room for rate cuts could still arise in the future - if progress in the monsoon continues to be steady and food prices ease as expected.
Get ready for higher price earning multiples, new highs
The markets made an effort Thursday to follow an old adage on Dalal Street –‘Buy the rumour Sell the fact‘ when the GST Bill was passed in Rajya Sabha, but it failed as the benchmark clawed into the green and triggered a massive short covering on Friday that marked the highest closing this year.
Boosting business by mitigating fraud risks
Fraud has the ability to impact all industries, irrespective of sector, size or location. According to a survey by the Association of Certified Fraud Examiners (ACFE), it is estimated that a typical organization loses 5 percent of revenues to fraud. The Indian environment is no different.
Extended warranty on electronics is a good bet in the long run
If you are in the market for that latest microwave oven or swanky air-conditioner, here‘s a quick lowdown on extended warranties and how they may prove useful in reducing long-term ownership hassles.
Sweat equity: Another way of rewarding your employees
The management of the newly incorporated companies or the companies opting for diversification generally believe in the practice of inducing the best executives and employees who bring in their know-how, skill and technical expertise that ultimately results in augmenting the business value of the enterprise.
Nifty in consolidation phase; time for sector rotation
The Long-Short hedging strategy is a tool to hedge trades positionally. This strategy is extremely useful to minimize risks by going long in one script/index and take short position in other script/index to hedge the position.
Tracking the cloud: Rain gods still taking their time
Maharashtra is doing good after two consecutive years of drought. But North East has not been as lucky, with a deficiency of 35 percent so far. It is worse still in Gujarat, which is counting a deficiency of 83 percent at this point
BLOG: New govt e-commerce platform to help rural entrepreneurs
Products made in rural India are still finding it difficult to reach the urban buyers. Arts and crafts made in rural India can be bought at a premium price in fancy outlets in big cities but much of the profit goes into the pockets of the middle men who bring these products to the fancy outlets in big cities.
Funding your municipality: Are we there yet?
A way for state governments and municipalities to generate additional capital for initiatives like smart cities is to issuance of municipal bonds, say Cyril Shroff, Managing Partner and Arjun Lall, Partner, Cyril Amarchand Mangaldas.
Trading in PSL Certificates: Step towards financial inclusion
PSLCs are hopeful of triggering financial inclusion, an important feature of a dynamic emerging market like India. As achieving lending targets to the priority sectors gets a flexible push, it aims to not only strengthen the banking sector, but also improve the rural canvas of India.
Google Tax: The search for equality in Equalisation Levy
Indian residents are subject to income tax in India on their worldwide income, whereas non-residents are taxed only on income sourced in India. Certain types of income are deemed to accrue or arise in India under prescribed circumstances.
VIEW: Most remedies for curing economy's ills lie outside Budget
Last year's Economic Survey had pointed out the flaws in the existing framework of Public Private Partnership (PPP) agreements and suggested improvements. Acting on the recommendations, which include allowing states the freedom to experiment, and a financing structure attractive to long-term money like pension insurance funds, should be a priority
COLUMN: NPA mess has roots in issues of accountability, talent
Loan origination itself is fundamentally flawed as the promoter gets one bank on board and others follow suit. There is no independent analysis in most cases and banks rely on lead bank recommendations and find comfort in many.
BLOG: Budget must have meaty allocation for loss-hit PSU banks
The interesting thing is that the panic is confined largely to the financial markets. Ordinary depositors don't seem worried and there's no sign of a run on banks anywhere.
Start up India: Greater clarity on tax rules, regulation to help
According to the last population census, globally India has the largest illiterate population. Amidst this rural backdrop, we have start-up story that is predominantly technology driven and is attracting billions of dollars in funding.
BLOG: IIMs' fears of threat to autonomy may be exaggerated
Legalities apart, there's the question of who will enforce accountability in the IIMs if the government were to withdraw. The IIM boards consist of people with little stake in the institutes.
Ind-As: Will it become a reality or get deferred?
The recently issued Schedule II to the Companies Act, 2013 on depreciation and its emphasis on useful life, surely created ripples and hectic efforts in the Q1 of 2014-15
Bury Consumers & Hail Industrials?
Now that markets have rallied sharply, the consensus view on the Street is to exit expensive consumption names and buy solely into the beaten down sectors.
