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Consumer biz took a hit due to demonetisation: Sanjiv Bajaj
Mon, 16 Jan 2017
Sanjiv Bajaj Watch the interview of Sanjiv Bajaj, Vice Chairman of Bajaj Finserv with Shereen Bhan at Davos Word Economic Forum on CNBC-TV18, in which he shared his reading and Indian economy and the road ahead for Bajaj Finserv in specific.

Appoint dirs only after security nod: Govt tells airline cos
Mon, 16 Jan 2017
Appoint dirs only after security nod: Govt tells airline cos The Civil Aviation Ministry has warned airline companies of punitive action in case they are found to be appointing directors without requisite security approval.

NPS sees manifold increase in AUM, subscribers since 2010
Mon, 16 Jan 2017
NPS sees manifold increase in AUM, subscribers since 2010 Backed by a robust institutional architecture, the NPS (National Pension System) has registered a substantial growth over the last more than six years, a senior official of regulator PFRDA said today.

Jio subscribers at 72.4 mn at Dec end; PoI issues continue:RIL
Mon, 16 Jan 2017
Jio subscribers at 72.4 mn at Dec end; PoI issues continue:RIL Reliance Industries today said its telecom subsidiary Jio has garnered 72.4 million subscribers within four months of commencement of services but continues to face congestion issues as interconnect capacity provided by some large operators is "still way below requirement".

Industry may need 3-4 months to prepare for GST: Experts
Mon, 16 Jan 2017
MS Mani Some kind of calendarisation from now onwards till we move to GST would be appreciated by all business houses, said MS Mani, Senior Director, Deloitte.

BSNL launches ltd fixed mobile telephony, mobile TV service
Mon, 16 Jan 2017
BSNL launches ltd fixed mobile telephony, mobile TV service In a bid to meet competition from private telecom operators, state-owned Bharat Sanchar Nigam Limited (BSNL) today announced mobile TV service 'Ditto TV' and limited fixed mobile telephony, an app that virtually turns mobiles into cordless phone working in sync with landlines within home premises.

Tata Steel's Noamundi iron mine conducts pilot launch of DAMM
Mon, 16 Jan 2017
Tata Steel's Noamundi iron mine conducts pilot launch of DAMM Noamundi Iron Mine (NIM) of OMQ (ore, mines quarries) division of Tata Steel today announced that it has executed a pilot launch of drone application in mine monitoring (DAMM).

BSE's international exchange goes live for trading
Mon, 16 Jan 2017
BSE's international exchange goes live for trading India International Exchange, the wholly-owned subsidiary of Asia's oldest bourse BSE, today officially commenced trading at Gujarat International Finance Tech (GIFT) city.

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Budget 2017: Budget key trigger for market; PSU banks to rally further: Pros
Mon, 16 Jan 2017
Anand Tandon Tulsian expects the rally in PSU banks to continue up until the Budget. Most of the public sector banks are expected to report Q3 numbers post-Budget, so there is no negative trigger as such.

See Sensex at 32k by December, bet on NBFCs: Rajen Shah
Mon, 16 Jan 2017
See Sensex at 32k by December, bet on NBFCs: Rajen Shah The upcoming Budget will fire up the economy and results of the government's efforts will be visible with the Sensex going beyond the 50,000-mark in next 3 years, said Rajen Shah, Chief Investment Advisor at Tradebulls Group.

Market rally could stretch further as Budget nears: Udayan
Mon, 16 Jan 2017
Udayan Mukherjee Post the Budget there is no rush for foreign money to flood in to the market, instead even if the source of FII selling dries up and domestic investors remain emboldened, encouraged due to the Budget provisions, there is a reasonable chance that the market might have put in a bottom, he further added.

BoFA-ML pegs Sensex target at 29,000 for 2017
Sun, 15 Jan 2017
BoFA-ML pegs Sensex target at 29,000 for 2017 Pegging the Sensex target at 29,000 for December-end 2017, global financial services major Bank of America Merrill Lynch (BofA-ML) said Indian equity markets should deliver positive returns in the year despite uncertainties created by demonetisation and GST.

Market to focus on Q3 results, Budget expectations this week
Sun, 15 Jan 2017
Market to focus on Q3 results, Budget expectations this week Stock market this week will be guided by quarterly earnings from blue-chip firms and investor expectations from the forthcoming Union Budget, says experts.

Margin pressures on IT stocks, look to exit: Dipan Mehta
Fri, 13 Jan 2017
Dipan Mehta According to Dipan Mehta, member of BSE and NSE believes that investors should look to exit out of IT stocks as the IT industry is facing continuous pressure on margins and days of double-digit growth are gone. He added that the structure of the industry, costing pattern everything have come into question.

Chandra is his own man; don't see stumbling blocks: Edelweiss
Fri, 13 Jan 2017
Rashesh Shah Speaking to CNBC-TV18 Rashesh Shah, Chairman CEO, Edelweiss Financial Services said that IT stocks are attractively valued right now. There are uncertainties around US and visa issues and people are confused. It will take another 2 quarters to see how US issues pan out, he said.

India expensive at current levels; like durables, banks: CLSA
Fri, 13 Jan 2017
Mahesh Nandurkar The optimism around US economy's growth and a strengthening dollar are signs that IT companies are going to give out a stellar performance in the long-term, says Mahesh Nandurkar, India Strategist at CLSA.

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