Happy Deepavali and a happy new year. It’s 2071 AD as most of you must have seen on a flash by on your TV screens. Heromoto has come out ahead, that is definitely newer this Deepavali with heavy duty bikes making a return with Bajaj Auto but the market much bigger for the smaller bikes
Fee income growth as we have often remarked here remains at a standstill for the bank even as that creates a pressure on the topline as market sensitivities ensure the bank approaches a lending income based operating model, ramping up Interest income (NII) on lending spreads to INR 5.5 Bln for a $1.25 Bln quarter.
Markets at an inflection point, the new to-be investors are unlikely to be impressed easily with double digit topline growth even as Net Profit contionues to grow at 20% for the best of the best in the set of winning companies , including HDFC Bank which actually beat topline and bottomline benchmarks continuoiusly and is
Here we are all happily along for the ride a week before Diwali, markets enjoying a respite with Banknifty smiling all the way on Friday and Pharma and Energy stocks responding to the new rush (having corrected in the profit-taking and decided a new list of winners) and diesel deregulation(which the Center can farm well
One’s economy has definitely reached a new level of Financing challenges when easy consumer credit at 10-30% (quite a range) becomes the mainstay of Financial services business expansion. That said, these are early days in the recovery andit is not probably a sign of worry yet despite consumption having kickstarted proceedings while we wait for
The DLF saga, not a corporate minion by any standard, will be the litmus test to judge India corporate governance. Despite being a real estate ( and censured/sanctioned for a under the table real estate deal in an obscure subsidiary – by product of a still elaborate going clean exercise before IPO) denizen, the company
..Or less. The IIP reports for August as we expected tanked to another low of 0.4% as in July with Capital Goods counter intuitively but as per observed conditions showing double digit negative growth and Consumer Goods as we prognosticated skewing the condition with the Core Industries (38% of IIP which is primarily a barometer