The past eight months have seen vast improvement in the Indian economy, says Edelweiss Group chairman and chief executive Rashesh Shah, who feels domestic-oriented sectors are likely to do better.
'I am very optimistic about Tech Mahindra'.
'India is likely to do better than other emerging markets.'
Analysts, however, said the timing of the infusion was good.
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
Revenues, profit margins will be hit in the next one year, but more demand in the longer run.
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Raghuram Rajan's 'surgery' uncovers more bad loans
Rising bad loans continued to haunt public sector banks (PSBs) in the March 2016 quarter.
Experts feel oil prices will remain volatile with an upward bias.
Baba businesses are sprucing up their act as they expand product portfolios and enhance brand image
Raamdeo Agrawal, joint managing director at Motilal Oswal Financial Services, tells Sheetal Agarwal key trends in this earnings season and investment themes in Indian markets.
Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
'We are at a time and position that we do not need higher number of visas.'
Banking and telecom will see the highest impact of this transition.
Most positives seem to be factored into current valuations.
Currently, 40 per cent of the front and back panel of cigarette packs is covered with warnings.
The gains will be gradual as the measure will be executed over 12 months or so.
Existing bank deposits will continue with past rates until renewed on maturity.
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