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  • 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.

  • New 10-Year Bond at 8.4%, But Rates Unlikely to Fall: Axis Bank

    New 10-Year Bond at 8.4%, But Rates Unlikely to Fall: Axis Bank

    If interest rate in the US rises, then the Reserve Bank will find it difficult to cut rates because the rate differential between the two countries will reduce, which may result in some money flowing out of India's bond and equity markets.

  • Why IDFC Securities is Still Bullish on TCS

    Why IDFC Securities is Still Bullish on TCS

    Hitesh Shah of IDFC Securities says despite its size TCS, remains the fastest growing IT services company in the offshore space and to that extent the premium valuation of TCS is justified.

  • Rupee Should Depreciate to 70 a Dollar: AV Rajwade

    Rupee Should Depreciate to 70 a Dollar: AV Rajwade

    The Indian rupee touched an all-time low of 68.85 in August last year and since then it has recovered to 60 levels. But forex expert AV Rajwade is of the view that rupee should depreciate to 70 per dollar to spur export-driven growth in India.

  • India in Phase Two of Bull Market: Ramesh Damani

    India in Phase Two of Bull Market: Ramesh Damani

    Phase two is the best time to step in and buy some good quality business, said Mr Damani. He is specifically bullish on logistics and media space.

  • Nifty Unlikely to Rise Above 7,700 in Short Term: Rajat Bose

    Nifty Unlikely to Rise Above 7,700 in Short Term: Rajat Bose

    According to Mr Bose, the Nifty is likely to see selling pressure in the range between 7,689 and 7,710. The 7,600 strike put option of Nifty has added 1.2 million shares in open interest and the 7,700 strike call in Nifty has seen 1.04 million open interest getting added, which suggests that traders are not expecting Nifty to go above 7,700 and fall below 7,600, he added.

  • Dalal Street Set for the 'Fourth Wave': Ambit

    Dalal Street Set for the 'Fourth Wave': Ambit

    Investment bank Ambit Capital believes that India is at the beginning of a "fourth wave" of economic growth and investors in the initial years could gain handsomely.

  • Investors Should Look Beyond Budget: Reliance MF

    Investors Should Look Beyond Budget: Reliance MF

    Sunil Singhania, CIO of equity investments at Reliance Mutual Fund, expects more specific measures to be announced going forward from the Modi government.

  • Jaitley Should Signal an End To 'Tax Terrorism': Ajit Ranade

    Jaitley Should Signal an End To 'Tax Terrorism': Ajit Ranade

    Retrospective tax demands slapped on multi-national giants like Vodafone, Nokia, Shell, etc. have deterred investors from looking at India as a favourable destination.

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