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21st Oct 2021
Almost a month after the government offered the telecom relief package, Vodafone idea has opted for the 4-year moratorium which pertains to payment of AGR charges and spectrum usage charges. Bharti is yet to respond to the 4-year moratorium offer. Th
Rakesh Jhunjhunwala is known in the stock market by many epithets. From being called the Pied Piper of stock markets to the Big Bull to the Indian Warren Buffett, there is no gainsaying his immense influence on investors. His portfolio changes are al
Vijay Kedia may have started out in a family of stockbrokers, but his heart always lay in long-term research-based investing. That is what he has fine-tuned over time. Over the last few years, his out of the box thinking and his ability to identify a
20th Oct 2021
Two major companies Jubilant Foodworks, the master franchisee of the Domino’s Pizza and Dunkin Donuts brands in India, as well as electrical goods player Havells announced their results on 20-Oct. Here is a quick take on the numbers. Jubilant Fo
Just a couple of weeks after Moody’s upgraded India’s sovereign rating outlook from Negative to Stable, it has repeated the upgrade for Indian banks too. On the strength of improving asset quality and more durable capital buffers, Moody’s
Axis AMC and Inversion Advisory Services will collaborate to launch a Rs.3,500 crore fund to invest in stressed Indian companies that have the potential to turn around their performance and become multi-baggers over time. The structure will be an Alt
It is said that Gautam Adani is not used to thinking small. His emergence as one of the most formidable names in the infrastructure space was largely thanks to his aggressive approach to doing business. The latest example is his big bet on green ener
It looks like Reliance Retail has a real eye for fashion labels. Less than a week after Reliance Retail bought a 40% stake in Manish Malhotra’s company, MM Fashions, they have made their next big purchase. Reliance Retail has now bought a 52% stake
19th Oct 2021
Two of India’s most promising FMCG companies declared their quarterly results for Sep-21 quarter. In both the cases, the theme was the same. Higher input costs evaporated some of the top line gains but price hikes could be passed on due to better b
The global markets were up against negative data flows on 18th October. For the third quarter ended Sep-21, China reported GDP growth of just 4.9%. That is a full 300 bps lower compared to 7.9% GDP growth reported in the Jun-21 quarter. The two major
If Aug-21 seemed like a good month with over 67 lakh passenger flying domestically, Sep-21 has done even better. The Sep-21 figure was higher than the August figure by 5.45% at 70.66 lakh passengers. These numbers were reported by the Directorate Gen
In an interesting development, the NCLT Mumbai Bench permitted Reliance Retail Ventures to call for an Extraordinary General Meeting (EGM) to seek approval of its creditors and shareholders for the Future group merger deal. The NCLT Mumbai Bench also
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