BUSINESS

Business Headlines

'Next 2-3 Months Crucial For Equities'

'Geopolitics will be the most important driver of financial markets in 2025.'

How AI is shaping the future of fashion e-commerce

'We have reached 70 million monthly active users during this festival season, which is...

'Swiggy Is Now Focusing On Overall Growth'

'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of...

This is one of the largest health-care deals in India

'Along with Blackstone, we would be keen to look at opportunities in the North.'

'Quality Stocks Thrive In Downturns'

'To be able to sail through such volatilities, it is prudent to focus on quality.'

'Identify Potential Problem And Nip It'

'I think today RBI supervision is much sharper than what it was earlier.'

'We want to create an all-weather franchise'

'We have seen something do very well when the times are good but maybe not as well when...

'Urban demand under stress, need an upward spiral'

'Spending by the middle class is limited with a focus on savings. However, there is...

'Zepto Is India's Fastest-Growing...'

'Domestic investors are opening up to the idea of high-growth Internet companies as a...

'When the mkt is good, you have to capitalise on it'

'Within India, people want high-quality, personalised banking services, and the demand...

'Uncertainty related to inflation has not gone'

'In addition, we have geopolitics and politics and all the other things that will...

'In Equity Markets, One Has To Be...'

'While investors need to be prepared for making some losses, they should not lose big...

'Focus Is To Maintain The Casa Ratio'

'It has remained around 38 per cent over the past four to five quarters.'

'No Rush To Say Economy Is Slowing Down'

'Whether I am optimistic or pessimistic is not the issue; I am just going by the...

'We have secured a place for large deals'

'Our growth in banking, financial services, and insurance (BFSI) is a prime example.'

'I assure all shareholders of their fair share'

'Everything can be resolved, but my husband's legacy is not up for sale.'

'Growth Of Cheese Market In India Is Exponential'

'Only 20 per cent of families in India buy cheese twice once a year.'

'Lot Of Interest In GenAI And Art Of...'

'GenAI programmes may not be large in terms of value, but have triggered a lot of new...

'Will Keep Working To Grow Value Of New Businesses'

'Margins will be an outcome of that. They will likely remain somewhat range-bound.'

'AI Doesn't Care Where It Goes To School'

'No one manufactures intelligence at the moment.''This is a concept that your IT...

'Markets To Undergo Time Correction'

'Future market gains will likely depend primarily on earnings growth.'

'India is an important education market'

'It's the second-largest market for us after the US, and should be the largest market...

'Nifty Pullback Needs To Be Taken In Stride'

'The biggest near-term risk to Indian equities is the outflow of investments to China...

'India is at the heart of what we are doing'

'For us, it's "keep moving and keep building a critical mass", which is commensurate...

'Rakesh Jhunjhunwala Inspires Investors'

'More investors now view the stock market as a valuable opportunity, though many still...

'Preparing to enter affordable housing loans space'ns'

'Focus will be on smaller loan amounts to meet the needs of affordable homebuyers.'

'Looking to export from India in next 5 years'

'All competitors are sourcing within the country, so we'll be at the same level of...

The Ratan Tata Interview You Must Read

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial...

What Ratan Tata Told Harvard: Must Read

'What's sad today is that there are so many people who cannot find work, not because...

'Markets Not In Panic Yet, But...'

'If you see another 1000-point correction, people may start panicking.'

'Our higher growth is coming from retail lines'

'There is more expansion in the industry happening in retail lines, so we will continue...

Critical infra exposed to increased cyber threats'

'The rise of ransomware and the rapid evolution of threats demand real-time response...

'RBI In No Hurry To Do Big Rate Cuts'

'If you look at where inflation (headline and core) is today in India and where the...

'We want to be trust marker for the fintech industry'

'So, we would work with our members to ensure that we as an SRO create some sort of due...

Can Renault India turn around its fortunes?

'We are very quickly going to announce the timeline of our launches, which should start...

'PLI Has Been A Big Boost To Manufacturing'

'We can hope to see a lot of creation of jobs in the days to come.'

'Hybrid vehicles are an intermediate solution'

'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'

'Looking to expand international business'

'It is difficult to write business internationally, without an 'A-' rating. It becomes...

'IPOs Are In A Sweet Spot'

'IPOs have performed exceptionally well, with a notable increase in average ticket size...

'The EV Market Is Hotting Up'

'A lot of players such as Maruti and Hyundai are entering the market in the first and...

'We focus on smaller ticket sizes loans'

'Banks may find small ticket size lending economically unviable due to the cost of...

'Want to build best housing finance company of future'

'Opportunity is there in each segment of the market. There is opportunity in affordable...

'Insurance should be bought for right reason'

'We do not believe in fire sale. We don't do it.'

'NIM To See Increase After Couple Of Quarters'

'There has been a change in the advances mix, with the share of corporate loans...

'Growth Expected To Be 1% Below Last Yr'

'A possible post-election growth momentum may be lost.'

'Expect Sensex to cross 100,000 in next 2-3 years'

'Subject to any worldwide economic collapse.'

'Our AUM Will be 3x by 2030'

'I am very happy to see that the work is starting to bear some fruit now.'

'If You Want To Invest Directly, Ensure...'

'...you evaluate three key factors before committing your money.'

'Idea behind SROs is not to make them more regulatory'

'One of the aspects for transparency and fair governance is to give the industry being...

'Corporate Earnings Need To Deliver'

'Asset allocation should be driven much more by long-term factors rather than the...

'No question of bringing in an investor right now'

'We have got enough internal accruals, and we are able to do acquisitions on our own.'

'Real growth is going to come from GLP-1'

'It is not just the US and European opportunity, but it is a huge global opportunity.'

'Rates to remain elevated for bulk deposits'

'In the case of corporate credit, especially to AAA borrowers, lenders will have to...

'Largecaps Present Better Risk/Reward...'

'Investors should consider small and midcaps only if they can handle volatility and...

'Rural consumption to do well going forward'

'Food inflation is important and if that is controlled, then consumption will go up.'

'Putting coal-fired plants is like committing a sin'

'With technology advancing, we should go all out and put up solar, wind, pumped...

'SC ruling cause of concern for mining industry'

'The biggest impact will be on coal and hence on power cost. Then comes iron ore,...

Revealed! Govt's Rs 600 Bn Skills Plan

'There will be 200 ITIs developed as hubs, while 800 will be developed as spoke,...

'Our objective is to keep improving Casa ratio'

'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a...

'Should Have Bids For IDBI Before End Of FY'

'We are in a position to start due diligence and private data room access shortly.'

'BSV portfolio can touch Rs 5K cr in 3-4 yrs'

'Mankind's experience, sharpness, and execution will make it happen. We are not going...

'India Is A Stock Picker's Delight'

'In the short term you keep your return expectations very, very low; in the medium term...

'Unemployment Is A Ticking Time Bomb!'

'The government should come back as a job creator as it did in the 1960s and the 1970s.'

'India Will Be In A Brighter Position'

'India's fundamentals are a lot better (than those of other emerging market...

'Don't Panic! India Is An Oasis Of Calm!'

'The structural story of India is a multi-decadal story.''One should stay invested in...

'Made Good Money? Take Your Capital Out'

'Forget your loss or profit in your portfolio.''Look at how much cash you have in...

'Capital Gains Tax Changes May Impact...'

'Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on...

'We Want Chinese Style Growth'

'We have essentially tried to set out an agenda for the next five years and it, in...

'Budget Hasn't Addressed Real Issues'

'Generating employment requires a shift in policy.''If not, the country will face...

'Budget Is Not Serious About Jobs'

'They think quick fixes like internship in the private sector will help. 'In fact,...

LTIMindtree CEO talks about the firm's growth drivers

'We added a significant number of freshers in Q1. You will see a good number of hiring...

'Middle Class Won't Be Affected By Indexation'

'For me, if I want to buy a house to stay, I don't care about indexation because I...

'TCS Is Not A One-Trick Pony'

'We are sure FY25 is going to be better...But to call out that all problems are behind...

Why Govt Changed These Taxes

'We have now drastically simplified it, primarily to two rates in long-term capital...

'Jobs Have To Be Created Everywhere'

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled...

Gold Crash: Should You Invest Now?

'If you invest in sovereign gold bond, you are going to get the price rise of gold over...

'You Can't Solely Rely On Electric Cars'

'At present, hybrids emit lesser carbon despite using fuel than pure play electric...

'Aim to reach 1 billion tonnes coal output by FY 2027'

'With the deployment of a higher degree of mechanisation, awarding contractual mining...

'We are trying and creating solutions for SME segment'

'The pricing model will be different. The product will be different.'

'Banks must be prepared for providing UPI credit'

'A credit line on UPI is going to make banks think about credit fundamentally as they...

Will Nirmalaji Cheer The Markets?

'We are confident that over the next few years the government will strike a fine...

How ABHI plans to achieve full year profitability

'We want to play the value game for our consumers, which is health and retail will grow...

Why Builders Won't Drop Home Prices

'What happens in the real estate market is that once the prices go up it goes on to...

'High real repo rate can have adverse effects on...'

'The real repo rate is very high in terms of core inflation.'

'Tax Relief For Middle Class Will...'

'Like every Budget, this time, too, there is chatter around tinkering with the...

'Rupee best-performing Asian currency this year'

'India represents one of the top opportunities with robust growth, solid fundamentals,...

'Unemployment Higher Among Educated...'

'The more educated a young person is, the higher the chances of him or her remaining...

'No Derating Due To Coalition Govt'

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time...

'We Are Frittering Away Demographic Dividend'

'it's not just youth in India who are left behind because of their inability to find...

'There Are Really Two Different Indias'

'Over the next 20 years, we would be adding almost 10 million people to the workforce...

'Residential, hospitality are best-performing sectors'

'The overall market cycle is very positive.'

'Private Sector Must Create Jobs'

'The private sector believes that some enablers in labour-intensive sectors like...

'I Hope We Don't Get A Bubble Too Soon'

'China is struggling to get out of its property bubble.''Japan took 35 years to walk...

'For Tata Steel, It Will Be Better Than Last Year'

'When you look at reviving private sector capex, I don't think there's a better story...

'Housing finance Sector Will Only Grow'

'The demand for housing is always increasing, and so is housing shortage.'

'Blending Western and Indian styles is trending'

'The demand for international fashion labels, particularly from tier-II cities and...

'Akshaya Tritiya also witnessed strong demand'

'Customers flocked to purchase gold in large numbers during the event.'

'Demand will come back after the elections'

'The Budget will be positive, continuing on the path of growth taken so far.'

'Rural demand for FMCG would come up in next quarter'

'We are seeing signs of improvement in rural overall in terms of demand, but I would...

'FAME must include tractors and LCVs'

'The scheme excludes tractors, light commercial vehicles, and medium and heavy...

'Payment banks' micro-lending will impact economy'

'The transition from payment banks to SFBs is only permissible for banks not owned by...

'Fortis plans to add 700 beds in FY25'

'Our priority remains brownfield expansion, and in the next few years, we plan to...

'No Hurry To Convert To Universal Bank'

'Have a long way to go even as a small finance bank, both in terms of size, and in...

'India can become centre of exporting fertiliser'

'The government has put in a lot of effort to provide infrastructure for the industry.'

'Journey from $50 million to $250 million is hardest'

'We are looking at the next target which is to be a $1 billion ARR firm in the next 4-5...

'Without incentives people will not purchase EVs'

'Wherever the government has provided incentives for the purchase of two-wheelers,...

'Second-gen promoters more open to selling out'

'There is not any negative connotation associated with it.'

'We will continue to invest in commercial properties'

'A positive momentum in the southern market as far as leasing, absorption, and rentals...

'The pricing pressure will always be there'

'That is a significant milestone for us and something we aspired for.'

'Expect formulations biz to outpace API biz'

'API prices are dragging down margins and impacting our competitive ability.'

'India can become centre of exporting fertiliser'

'The government has put in a lot of effort to provide infrastructure for the industry.'

'Draft infra norms good for industry'

'Probably revised guidelines will come, and then the real picture will emerge.'

'Market Assumes Modi's Easy Re-Election'

'We emphasise the importance of not basing investment decisions solely on electoral...

'Banks will continue infrastructure projects finance'

'Banks make money because they take the right credit calls. So they need to focus on...

'Liquidity will improve in system after elections'

'We may see little softness in liquidity position after the stabilisation of the...

'No need to panic on draft infra guidelines'

'It's a debatable topic, and we will submit our comments to the RBI by June 15.'

'Nobody's Asking Where Money Will Come'

'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he...

'Kirana Stores May Adopt Quick Commerce'

'Traders must adopt digital payments as soon as possible within a set timeframe, as the...

'Now May Be The Time To Go All In'

'For experienced and risk-taking investors, now may be the time to go all in.''By...

What is going to be the main focus for HUL?

'Although currently, urban areas contribute more to growth than rural, there is no...

'Elections May Sway Markets Temporarily'

'The long-term impact of elections is minimal.'

'We'll Have 50K People Trained On GenAI'

'We're putting a lot of focus on GenAI developers and people who can really do all the...

'Election Results Won't Impact Markets'

'If the majority falls short of expectations, it may prompt initial adjustments in...

'No impact of elections on commercial vehicles market'

'In April, we saw a 10 per cent growth in our own volumes.'

'MSMEs, mid-corporate will be focus for loan growth'

'As these segments are growing at 25 per cent for the last three years, credit quality...

'In three years, we want to reach 1 mn direct outlets'

'Our target will come from rural areas as there are more outlets there.'

'Markets Could Crash 40-50% If...'

'If the NDA comes to power with 320-330 plus seats, then we could see some correction....

Ambareesh Baliga's Advice For Investors

'The markets will correct, and they are bound to correct. The boom will turn into...

'Govt won't privatise GIC Re at this stage'

'Because it is the only public sector company in this sector, currently.'

'Once In A Lifetime Opportunity To...'

'We see mid-and small-caps as a real pot of gold.''From a 10-15 years perspective,...

'Markets Are Too Confident, Aggressive'

'The main worry is lots of new investors coming into the markets in order to make a...

'Aim to double individual first-year premiums'

'Currently, our individual first premium would be in the Rs 3,000-Rs 3,200 crore range....

'We will grow at about 20% over the next few years'

'Private General insurers are poised to grow at 17 per cent - 18 per cent over the next...

'Our focus is on converting lands into projects'

'There has been a huge shift. Consumer needs and requirements have changed, and differ...

'ITC aspires to double its business in five years'

'While every year presents new challenges, it also provides opportunities for better...

How Berger Paints plans to protect its market share

'Which is growing fast and where we are very strongly positioned.'

'Will end year with a growth rate of over 30 per cent'

'In life insurance, it is about creating distribution capacity and solutions for...

'Take Staggered Approach To Smallcaps'

'Exposure to small and midcap stocks exceeded desired levels in many portfolios,...

'VinFast has committed $500 mn to TN'

'Our objective is to reach a localisation rate of 50% in the span of five years.'

'Markets started building on NDA's win'

'Rather than taking a very short-term view on the markets, equity investing should be...

'Some Cooling-Off In Small Caps'

'More than investors, fund houses, and advisors have raised caution and limited flows...

'India is a bright spot. Lot of hope for two decades'

'China is somewhat disappointing in its recovery, and slow growth, and India is...

'Small, mid-caps attractive long-term'

'Given the inherent volatility, investors should take at least a three to five-year view.'

'Midcaps, Smallcaps: Exercise Caution'

'While Indian markets are indeed not inexpensive, the valuations of largecap stocks are...

AI-powered digital transformation is accelerating'

'Responsible AI, which adheres to the principles of explainability, fairness,...

Future of digital payments in India

'The focus needs to shift towards the ability to collect payments, particularly in...

'Banking system has learnt lessons from 2008 crisis'

'They have since only tried to improve systems. Also, with regulatory guidance from...

'Small finance banks need to build all product ranges'

'You cannot have only one product or one market or one customer segment.'

Why K V Kamath calls Indian banking system the best

'I don't think we have ever seen such alignment of everything that we need in the...

'Strong growth in electric vehicles has slowed down'

'Now that all the early adopters have the electric car, governments are backing down in...

What PhonePe did differently from Paytm

'We went from zero to about 10 million users in three months. Paytm came out with the...

'Crypto is serious threat to financial stability'

'To the believers of crypto regulations, I have only one question to ask, how will you...

'Premium segments becoming more prominent in India'

'The Indian economy is expected to grow in terms of per capita income and GDP, and with...

'Market has factored in BJP's victory'

'The trajectory of headline indices will be determined by the number of seats the BJP...

'Investors should have balanced portfolio'

'...which is possible through flexicap and multicap funds.''The latter has a better...

'Largecaps offer reasonable safety'

'Investors should focus on largecap funds, flexicap funds, business cycle funds, or...

'The formulations business been a growth driver'

'However, we have seen weakness in our active pharmaceutical ingredients business.'

'Rural consumers also driving power demand'

'This was earlier driven by industries and the commercial sector.'

'In an election year, markets flourish'

'Historically, the markets tend to perform well during election years as governments...

'Next few months are likely to see...'

'Valuations of midcaps and smallcaps have reached very high levels, and hence to that...

'Should construct 13,000 km of national highways'

'The vision now is not just to look at national highways as a number of kilometres, but...

'60% of taxpayers will shift to'

'Personal income tax is growing by 27 per cent and most refunds have already been issued.'

'Rs 1.7 tn may be GST average collection next FY'

'We crossed Rs 1.7 trillion in three months this financial year.'

'Our unsecured loan portfolio is better than secured'

'Our unsecured loan is not exactly unsecured. It is backed by cash flow of customers.'

Midcap, smallcap have nearly doubled...'

'We are cautious only on sub-sectors that have seen massive melt-up during the past six...

'Tax buoyancy can't continue...'

'The revenue projection arises out of all sectors doing well and the formalisation of...

'Rural areas been stressed for many FMCG companies'

'In staples, we have still managed in rural areas.'

'Pvt capex will depend on demand and supply situation'

'The private sector will look to the budget to check whether there are any headwinds or...

'There's a de-emphasis on divestment'

'We now look at divestment as an opportunity for maximising the value of public assets,...

'NPA recoveries has helped to reduce credit cost'

'For the first time ever it has come below 1 per cent, at 0.97 per cent.'

'The more we automate, the more...'

'We do not see people getting reduced, but because of automation, we will do more work.'

'We expect the losses to be lower from UK'

'The UK is more of a structural problem, and that's why we're doing the restructuring.'

'Global investors want to pay premium for India story'

'With China falling out of favour, India is where investors see the demographic and...

'Disinflationary stance allows for rate cuts'

'Investment creates capacity and reduces inflation. Income, employment, and savings rise.'

'We are almost at peak of interest rates cycles'

'The stabilisation of interest rates followed by reduction is going to happen over the...

'BYJU's showing green shoots...'

'If you look at assets truly working for us, you should look at Aakash and Great...

'Clients are extremely cautious about spending'

Debashis Chatterjee speaks about the overall demand environment and company's strategy

'Money lending has become prudent and conservative'

'We need to be far more careful given the fact that while this is group lending, it's...

'2024 may be one of the best years...'

'Investors with higher risk appetite and longer horizon (more than one year) can invest...

'Balanced advantage funds are good option'

'.. if you do not want to take the asset allocation call.'''This category of funds can...

'GenAI is going to be tip of the arrow for HCLTech'

'It will drive a lot of surrounding business, that is where we see some good projects...

'Market is headed for an eventful 2024'

'Higher valuation remains the only spoiler for equities.'

'Aim to be strong fast-moving consumer goods company'

'Will make sure that we create value. We will again look for organic and inorganic...

'Aster DM's plan is to be among top three in India'

'Now that we are a pure-play India business, many investors are open to investing.'

'Diageo India focuses on value rather than volume'

'Our approach has been to work with consumers and help them drink better, not more.'

'Investors could tilt towards largecaps'

'Hybrid funds, especially balanced advantage funds and multi-asset funds, are a good...

'I am addicted to entrepreneurship'

'We look at the opportunities that are going to come in various fields in the next 5 to...

'New Investors Won't Digest Such Falls'

'If individual stocks start falling 25% to 30% or more, then I doubt how many of them...

An Interview Every Investor Must Read

'Sell part of your portfolio where you're making good money, especially in small caps...

'We are going to be an AI-first company'

'GenAI has democratised the AI conversation. I do not know of a single client who is...

'Railways plans to carry 10 bn passengers every year'

'We carry 6.5 billion passengers every year. We have crossed seven billion this year,...

'Don't shun midcaps, smallcaps...'

'What will matter in 2024 from the market standpoint is the direction of interest rates...

Revealed: Govt's AI Plans

'Similar to the case of the digital payment system where the government created a...

'APIs are a very strategic part of Biocon's business'

'There is no reason why we should break this business up.'

How Much Profit Will SBI Make in FY23?

'We have a plan to plough back a 'This year in the first half we had profits of more...

'Huge demand for life insurance products in India'

'As our per capita income increases and various demographic segments emerge, the need...

'The agenda is 'insurance for all by 2047''

'If you want it to grow well and serve the true needs of the economy, it needs a lot of...

'I expect 8% growth next year'

'We will see a lot of investments from the private sector.''As long as we are not...

'We prefer stocks likely to gain from strong...'

'We like certain stocks from banking, insurance, retail, hospitals and capital...

'Successful listing is justice to RE development'

'This is not just the IREDA's IPO. It is the success of the ministry of new and...

'We've invested in the growth of India'

We are, therefore, setting up more branches in more tertiary terms, like tier 2 and...

'Banks are working on several IPOs'

'The deal pipeline across products is robust for 2024.'

'2024 poll will be major event for midcaps, smallcaps'

'It will dictate the flow of funds into the index. We will maintain caution on...

'IPO market has bullish outlook in 2024'

'A key reason for the strong interest in IPOs has been an increased focus on...

RBL Bank's business trajectory remains intact

'We are committed to achieving the targets we had outlined.'

'We can deliver market-beating growth'

'We will continue to build new engines of growth in terms of innovations, enter newer...

'People Love Diesel SUVs'

'SUV is a very intensely fought category, unlike hatchbacks and cars.'

'It is tough job to sell life insurance to people'

'We are expected to grow at above 28 per cent this year, higher than the industry.'

'There is huge demand for home loans'

'We started affordable housing loans that has good traction and the books have grown to...

'The real GDP was captured better'

'Revision of the base year for both CPI and GDP are long overdue.''The basic data that...