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  • Plans to Demerge Insurance Business: Mastek

    Plans to Demerge Insurance Business: Mastek

    Majesco, which provides core insurance systems and services, said it has entered into a definitive merger agreement with Cover-All Technologies, an insurance software company based in Morristown, New Jersey.

  • Sensex, Nifty Can Correct 10-15% in Short Term: Madhav Dhar

    Sensex, Nifty Can Correct 10-15% in Short Term: Madhav Dhar

    From a longer-term perspective Mr Dhar is still bullish on Indian markets. He believes that India will continue to attract money if the reform process keeps proceeding steadily and investment opportunities open up and the ease of doing business continues to happen.

  • High Rates Not a Speed-Breaker for Market Rally: CLSA

    High Rates Not a Speed-Breaker for Market Rally: CLSA

    Aashish Agarwal, head of India research, said many investors are not just fixated on rate cuts and their key concerns are reforms and clearances for stalled projects.

  • Basant Maheshwari Spills the Secret Behind His Multi-Baggers

    Basant Maheshwari Spills the Secret Behind His Multi-Baggers

    Kolkata-based Basant Maheshwari has made a name for himself as a value investor and has the credit of spotting several multi-bagger stocks. Mr Maheshwari took to full-time investing in 2001 after his family business failed to take off.

  • Banking, Auto Stocks to Lead Market Rally: Edelweiss

    Banking, Auto Stocks to Lead Market Rally: Edelweiss

    Edelweiss believes that due to falling crude oil prices and last year's base effect, inflation will come down sharply in the near future, leading to higher real income in the hands of consumer and ultimately higher auto sales.

  • Nifty Set to Cross 10,000 Peak Next Year: JM Financial

    Nifty Set to Cross 10,000 Peak Next Year: JM Financial

    The domestic brokerage expects some corrections, but has a year-end Nifty target of 8,700. "No correction will be significant enough to break the overall bull-run in Nifty," the brokerage says.

  • Revenues Grew More Than 10 Times Over Past Year: Olacabs

    Revenues Grew More Than 10 Times Over Past Year: Olacabs

    Speaking to NDTV Profit, Mr Aggarwal, who is also the CEO of the company, said that its revenues have grown more than 10 times over the past year and is now the biggest cab-booking provider in the country.

  • Ambit Bullish on Nifty; Bets Big on Ramkrishna Forgings, Alstom T&D

    Ambit Bullish on Nifty; Bets Big on Ramkrishna Forgings, Alstom T&D

    According to Mr Holland, the last 400-500 points up move on the Nifty was driven by global liquidity, but further rally will be driven by fundamentals.

  • United Spirits Has Huge Opportunity to Grow in India: Motilal Oswal

    United Spirits Has Huge Opportunity to Grow in India: Motilal Oswal

    The United Spirits board on Monday approved resolutions for agreements with Diageo and some of its global subsidiaries to manufacture and market some of the global brands of Diageo in India through USL.

  • Banking Stocks Top Picks of UBS for Next One Year

    Banking Stocks Top Picks of UBS for Next One Year

    Gautam Chhaochharia, head of India research at UBS Securities, expects banking and financial stocks to benefit drop in faster-than-expected drop in effective interest rates on the back of a fall in inflation.

  • Coal Block Cancellation to Impact Sarda by Rs 100 Cr Annually

    Coal Block Cancellation to Impact Sarda by Rs 100 Cr Annually

    Sarda Energy & Minerals said the decision will set them back by around Rs 100 crore annually. Sarda's mine has been operational since 2008-09.

  • Alibaba's Stellar Listing to Benefit Indian E-commerce Sector: Rehan Yar Khan

    Alibaba's Stellar Listing to Benefit Indian E-commerce Sector: Rehan Yar Khan

    Angel investor Rehan Yar Khan is very optimistic about the e-commerce space in India and expects more interest from global investors, particularly from those who made gains from the Alibaba IPO.

  • PNB Seeks to Bring Down Government Stake to 51%

    PNB Seeks to Bring Down Government Stake to 51%

    The government of India currently holds 58.87 per cent stake in PNB. Speaking to NDTV, KR Kamath, chairman and managing director at Punjab National Bank, said, "We are approaching the government to reduce the shareholding to 51 per cent or 52 per cent, whichever the government deems correct."

  • Bullish on SBI, ONGC, Says IDFC Securities

    Bullish on SBI, ONGC, Says IDFC Securities

    Mr Damania says public sector banks like State Bank of India, Union Bank of India and Bank of India are going to do better after the recent correction in these stocks. He thinks the new guidelines for recognition of restructured assets will help these banks to reduce their provisioning.

  • Coal Mine Cancellation Will Hurt Economy, Investment Climate: JSPL

    Coal Mine Cancellation Will Hurt Economy, Investment Climate: JSPL

    JSPL says mining has not stopped at the moment. They are waiting for the judgement to be done on September 1 and right now the things continue as they were.

  • PM Modi Has Put Gujarat Model to Work at Centre: Aditya Puri

    PM Modi Has Put Gujarat Model to Work at Centre: Aditya Puri

    Mr Puri says India's economy has already bottomed out and the new government is moving in the right direction. Bureaucrats have started working and accountability is being brought in.

  • Coal Verdict to Affect 28 Giga Watt of Power Generation: Deloitte

    Coal Verdict to Affect 28 Giga Watt of Power Generation: Deloitte

    The Supreme Court on Monday said the entire allocation of coal blocks as recommended by the Screening Committee and the allocations made through the Government Dispensation Route from 1993 were illegal and arbitrary.

  • Tech Investors Bet On Indian Software Product Story

    Tech Investors Bet On Indian Software Product Story

    Angel investor Rehan Yar Khan has been at the forefront of investing in Indian tech start-ups, finding big success with firms like Druva Software and Olacabs.

  • Arvind Limited Bets Big on E-Commerce with Creyate

    Arvind Limited Bets Big on E-Commerce with Creyate

    Creyate.com, which is already operational, "will bring custom clothing to the online world. It means that customers from their laptops can create and visualise their own clothes before ordering," said Kulin Lalbhai, executive director at Arvind Ltd.

  • ONGC Expects Lower Well Write-Offs in Next Quarters

    ONGC Expects Lower Well Write-Offs in Next Quarters

    Aloke Kumar Banerjee, director-finance at ONGC, told NDTV Profit that it is just coincidence that the oil & gas major saw higher exploration write-offs during the first quarter.

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