August 19, 2014
*Monsoon remains a problem for Indian market: Macquarie *India second most expensive Asian mkt, retain neutral: HSBC *Reform newsflow to drive market in near term: BoAML *No diesel loss hopes spike HPCL, BPCL, IOC; Goldman Sachs bullish *Earnings to grow 20% compounded; bearish PSUs: Dron Capital *Tata Motors domestic biz worth only Rs 20/share: Ambit […]
August 11, 2014
Ø Jet aims to save Rs 611.5 cr with help from Etihad Ø Sebi clears REIT norms to tap Rs 1-tn investments Ø RBI begins consultation with finance ministry on monetary policy Ø ‘Disinvestment process is progressing as scheduled’ Ø Price controls: Pharma industry favours dialogue with government Ø FM to open conference of tax […]
August 05, 2014
*71% auditors see rising financial risks for companies: PwC *Obama asked to declassify Senate report on CIA interrogations *Strong earnings lift European shares; euro falls on PMIs *Govt says WTO will understand its food security concerns *Andhra mulls integration of govt payments via mobile *BATA INDIA 2Q NET 593.8M RUPEES; EST. 684M *HINDUSTAN MOTORS QTR […]
July 30, 2014
*Indian mkt shaping for big bull run; bet on auto: BofA ML *See no earnings upgrade for consumer cos: StanChart *Indian equities to grow 20-30%; FII inflows to double: Mark Mobius *Like IT, pharma; banks & power will pick up: ICICI Pru AMC *Lupin Q1 profit jumps 56% on strong growth in US, India ops, […]
July 17, 2014
*Rate-cut by end 2014 doable, core inflation key: Macquarie *Brent crude to inch $2-3 higher this quarter: Citi *Macro environment improving, markets set to do well: I-Pru *Govt agrees for debate on Gaza, but says not now *Rajnath rubbishes AAP charge on horse-trading *Opposition parties stage walkout from TN assembly *RBI, Monetary Authority of Hong […]
July 15, 2014
*India among top 3 EMs, June CPI positive: Macquarie’s Gibbs *PSU banks rallying on hope; sell BoI, Union Bank: Macquarie *IT, autos to outperform in Q1FY15; oil firms may drag: BNP *More buying seen if Nifty breaches 7400; like IT: JPM *EMs to see higher inflows in Q3; steam left in ETF: Quant *Broader mkt […]
July 10, 2014
1. Do not propose to make any changes in tax rate 2. PPF ceiling extends to Rs 1.5 lakh 3. Tax exemption limit for small and marginal, and senior tax payers changed from Rs. 2.0 to Rs 2.5 lakhs 4. Tax exemption limit for senior citizens changed from Rs. 2.5 lakh to Rs. 3.0 lakhs […]
July 10, 2014
** For all 2 Mn+ cities, metro planning to start through the PPP route. INR 1 Bn set aside for this ** Additional tax incentive for housing – INR 40 Bn allocated to NHB for the same ** Slum development to be included in CSR of corporate ** Maintain allocation for MNREGA ** Soil […]
July 08, 2014
– Bullet Trains will be introduced across major routes – Solar panels will be put on stations – Wifi systems in A category trains – Catering service wl be outsourced, Food Courts are planned at major stations – Railway wl be digitalised in next 5 years. 120000 tickets can be booked at a time. – […]
June 30, 2014
*Clarity on GST likely in Budget; bullish on banks: Nomura *Budget may disappoint; Nifty to drift lower: Elara Capital *UPA should be credited for successful PSLV C23 launch: Manish Tewari *Mamata flays Centre over food security act *Modi govt’s political management of tough economic decisions *Sushma meets French Foreign Minister Laurent Fabius *MP Assembly pays […]
