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Yellow Tie Hospitality to launch GBC in India, invest USD 3 mn
Mon, 30 May 2016
Yellow Tie Hospitality to launch GBC in India, invest USD 3 mn Yellow Tie Hospitality plans to launch the brand first in Mumbai, followed by roll-outs of franchise outlets in Kolkata, Hyderabad, Gurgaon, Surat and a few more cities in the first three months, it said in a statement here.

SoftBank's investments in India may surpass $ 10 billion
Mon, 30 May 2016
SoftBank's investments in India may surpass $ 10 billion SoftBank, which owns one of Japan's biggest mobile carriers and a controlling stake in US-based Sprint Corp, will make its first USD 350 million investment in a solar project in India, its Chief Executive Masayoshi Son told PTI here.

Infosys paid ex-CFO Bansal Rs 23 cr including severance: Report
Mon, 30 May 2016
Infosys paid ex-CFO Bansal Rs 23 cr including severance: Report According to the Infosys disclosure in the balance sheet, the compensation reflected the ‚??enhanced non-compete and non-disclosure agreement‚?Ě the company had signed with Bansal

Indian banks to hurt from weakness in metals, mining: Moody's
Mon, 30 May 2016
Indian banks to hurt from weakness in metals, mining: Moody's Moody‚??s expects 2016 to be another challenging year for metals and mining firms, leading to higher problem loans and weak recoveries for existing problem and restructured loans

Likely to see 70-75% slippage in Rs 31k cr watchlist: SBI
Mon, 30 May 2016
B Sriram The bank has exposure of over Rs 1.36 lakh crore to the power sector with nearly Rs 60,000-70,000 crore to good stable companies, says B Sriram, MD Group Executive-National Banking

Sun Pharma gets US subpoena over generic drugs pricing
Mon, 30 May 2016
Sun Pharma gets US subpoena over generic drugs pricing The DoJ's antitrust division has also asked Sun Pharma's US unit for documents related to employee and corporate records and communications with competitors.

PSU banks install nearly 14,000 ATMs in FY16, miss target
Mon, 30 May 2016
PSU banks install nearly 14,000 ATMs in FY16, miss target A total of 13,935 cash dispensing machines were installed by banks in the year ending March 31, 2016 against the target of 15,249 ATMs, according to the data on progress of installation of ATMs by 27 public sector banks.

London Dairy targeting Rs 100cr revenue from India by 2020
Mon, 30 May 2016
London Dairy targeting Rs 100cr revenue from India by 2020 Premium ice-cream brand London Dairy is eyeing to double its India revenues to Rs 100 crore by 2020, as it plans to ramp up distribution to 5,000 outlets.

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Bottom-up investing difficult; valuations not cheap: Kotak IE
Mon, 30 May 2016
Sanjeev Prasad The Indian markets have a lot of things going for it from the macro perspective but valuations may not be cheap once a stock investor gets done to researching ideas, says Sanjeev Prasad, Senior Executive Director and Co-Head Strategy, Kotak Institutional Equities.

Post Q4 earnings, here's what we're betting on: Elara Cap
Mon, 30 May 2016
Harendra Kumar The fourth-quarter earnings season has come in mostly satisfactory. A revival should lead to an earnings upgrade, says Harendra Kumar, MD - Institutional Equities, Elara Capital.

Tusian Tells: PSBs, pharma stocks of the day
Fri, 27 May 2016
SP Tulsian In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks for the day and the implication of the Fair and Remunerative Price (FRP) on sugar company's.

'Anyone saying PSBs have turned around is selling you a lemon'
Fri, 27 May 2016
Ajay Srivastava Ashwani Gujral of feels the momentum gathered by the market this past week is likely to continue for at least one more week.

Rally to continue next week, Nifty to go higher: Gujral
Fri, 27 May 2016
Ashwani Gujral Market expert, Ashwani Gujral says that this rally will continue in the coming week and Nifty will be at a higher mark than today.

Nifty's 8000 ideal bottom; like Kalyani Steels: Veliyath
Fri, 27 May 2016
Porinju Veliyath Porinju Veliyath, MD and Portfolio Manager of Equity Intelligence India, said Nifty's current 8000 level should be seen as the ideal bottom, adding that it is a golden opportunity to be making superior returns in the next 5-10 years.

Green shoots visible but banks to remain under pressure: Centrum
Fri, 27 May 2016
Dipankar Choudhury While many upgrades are happening post earnings, downgrades are still visible especially in the banking sector, says Dipankar Choudhury of Centrum Broking.

Much-delayed earnings revival driving share rally: Experts
Thu, 26 May 2016
A Balasubramanian Indian shares have undertaken a remarkable rally recently, with the Nifty making a 100-point jump for two straight days.

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