During the fourth quarter (January-March), banks step up the activity to meet annual targets. This leads to a race to raise funds from markets often by jacking up deposit rates. This time around, the market has not seen such trend yet.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
The business will also see a change of guard. Shailesh Chandra, president of EV and corporate strategy, will replace Mayank Pareek as president of PV business, including EV, with effect from April 1. Pareek will be superannuating from the company after a six-year stint at the end of February 2021. Chandra and Pareek will work on transition over the next few weeks.
During his time as executive chairman, the company's net revenues grew 17-fold to Rs 42,777 crore and profit after tax nearly 40 times to Rs 10,289 crore. Total shareholder returns grew at a compounded annual rate of around 20%. Besides numbers, his biggest achievement was to transform ITC from a cigarette company to a diversified enterprise.
PE firm True North's investment model is to take 51% stake in mid-sized companies and make them large, says Niraj Bhatt.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
Tax planning will help you pay less income tax. Something everyone wants. But smart tax planning will help you boost your portfolio.
Centre took Rs 1,002 bn from here in 2017-18, sharply up from Rs 904 bn a year before and Rs 123.6 bn in FY14
Fridge, washing machine, and paint makers are expected to cut prices shortly, while TV, aircon, and sanitary napkin makers are a disappointed lot
It will be available from April 24.
The Prime Minister's visit to Japan reinforces the strategic focus of global partnership between India and Japan.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
Underweight on the sector since January amid concerns over growth prospects; no early reversal seen
Firms in which IP is critical, such as pharma and research and knowledge-based organisations, were taking the lead in seeking cyber covers to protect their computer systems from hack attacks
A new book may help companies in getting corporate social responsibility right, notes Ajit Balakrishnan.
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
TCS said FY15 will be a better year in terms of top line growth and the deal pipeline remains strong
Kotak Mahindra Bank would enter credit cards business to enhance the portfolio of services offered by it, vice-chairman and managing director of the bank, Uday S Kotak, said on Wednesday.
There are some advantages of a falling rupee.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
7.8 million square feet of mall space is under construction this year, the highest ever since 2011.
Bonuses are typically commensurate with deal activity in any given year. Investment banks, on average, pocket 2-3 per cent as fees for managing an IPO and 1.5-2 per cent for handling QIPs.
'Unless the economy is sound in the country how can only three movies collected so much business in a single day?'
Total income from operations, however, dipped 27 per cent to Rs 68,261 crore.
'Our task at Mercedes is to have the right setup. It is the customers who make the decision. But, if our approach with the Indian customers is right, we will grow.'
From fast food and athleisure to ACs, the demand for several non-discretionary items has spiked since May 17, when Lockdown 4.0 was extended till May 31.
Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to develop malls across tier-I, II and III cities.
Diamond prices vary purely on demand and supply. You can make extraordinary returns within six months or it can even take years.
Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.
HDFC Life has a balance between traditional policies and Ulips
Traders have all but given up attempting to predict where the new-year rout will end
The RBI holds its next policy meeting in early June.
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