Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Hindalco has done very well with Rs 900 crore (Rs 9 billion) of ebidta in June quarter.
Fast cars, marathons, golfing and shooting - nothing stops these high-power tycoons from pursuing their passion.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Additional levy to eat into Rs 6,000-crore income of top promoters
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern finance and banking passes into the ages.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
Claim could be over fee for guarantees given for loans to acquire Novelis.
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