Infosys is yet to announce its 2014-15 results.
Rob Morrison, CEO of CLSA, says that investors at the forum are still positive on India. He adds that India has been outperforming its other Asian peers. \n
Prices of all metals - from steel to copper, aluminium, zinc and lead - have shot up by about 5-11 per cent in the past month. Commodity inflation is raising its head, forcing companies to consider price hikes.
The price of gold has risen 10.63 per cent this year -- from $1,205.65 an ounce at the beginning of the year to $1,333.9 on Monday.
The stock market comes full circle; pharma also gains prominence, courtesy rupee depreciation
The issue will comprise a secondary share sale worth Rs 600 crore by private equity major Everstone Capital and fresh fundraising worth Rs 400 crore.
They either report a sales figure that shows clear signs of growth or future plans that indicate expansion in India.
The price range and size are yet to be determined, according to the term sheet, which also did not specify the timeframe.
Rural markets can provide 25 per cent growth over the next decade, says CLSA's Aashish Agarwal.
Rural markets can provide 25 per cent growth over the next decade, says CLSA's Aashish Agarwal.
7 rounds have been completed with bidding in all 4 bands
In terms of market capitalisation, Zee alone has a market cap of Rs 24,000 crore compared to Rs 15,000 crore of the merged Reliance entity.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
Check out some of the stocks that will react on the basis of their numbers in the near term.
Giving their presentation at the CLSA investor forum, HDFC chairman Deepak Parekh, vice chairman and chief executive officer Keki Mistry and MD Renu Karnad highlighted that the competitive environment has been stable and HDFC can deliver 18-20 per cent loan growth with stable margins and asset quality.
Brokerage CLSA has raised its "already substantial overweight in India", its chief strategist Christopher Wood wrote on Aug. 7.
ICICI Bank, the country's largest private sector lender, and the Anil Ambani Group are looking at CLSA and Cheuvreux, the broking franchises of French financial conglomerate Credit Agricole, according to international media reports. Both franchises put together may be valued at $3.5 billion.
The highest number of requests are in Karnataka (39.18 million) and Tamil Nadu (35.56 million).
If the latest strategy reports of some leading foreign institutional investors (FIIs) are anything to go by, then the outlook for the Indian equity market appears bleak. This is, despite section of experts pitching for the current attractive valuations.
Large-cap plus in low-cost delivery, investment in new services adds to sectoral push
NBFCs are mainly dependent on funding their operation from their own cash flows.
During the meeting with Finance Minister Nirmala Sitharaman, it was also suggested that employees' provident fund should increase its exposure in the stock market, which in turn would improve liquidity.
Former heavyweight boxing champion Mike Tyson, once notorious for his bad boy antics, has a new goal: he'd like to dance and act in musicals.
Analysts expect the central bank to remain watchful of inflation.
Foreign investors highlight growing risk to the India story.
Analysts expect structural risks such as risk to voice revenues, steep correction in data realisations, capex spend and rise in churn and subsequent increase in costs to continue in the medium term
A rate change seems round the corner, no matter where the new base level is fixed.
In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent.
Analysts caution a non-BJP government is not an impossible scenario. In case of a Modi-led coalition, they advise investors to focus on discretionary consumption, select private banks and financials, RIL, housing, and IT.
FB deal puts RIL on course to be debt-free next year; Reliance Retail biggest gainer from WhatsApp, JioMart arrangement.
Over the last weekend, the central bank has tried to address the biggest near-term concern for property companies --bankruptcy -- says a CLSA report. The one-time move, which will allow banks not to classify commercial real estate loans as non-performing loans, will reduce the near-term risks for some property firms.
Signs of "green shoots" in India came in the form of an ABN-Amro Bank purchasing managers' index based on a survey of 500 companies.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
Benchmark indices plunge 4.7% in the first full week of 2016.
Less than three weeks after the curbs on participatory notes, overseas investors are rushing to invest in the booming Indian stock markets directly by applying for Foreign Institutional Investor licences.
Analysts forecast the fuel at $85 a barrel in 2015 and $90 a barrel in 2016; politics, demand-supply to pressure crude.
High networth individuals selling stocks to buy real estate is among the key risks for the Indian markets.
A 700-750 pence per share final price for Axon ($900-910 million) cannot be ruled out by the time the bidding war ends, say CLSA analysts. However, regardless of whoever wins this largest overseas acquisition, Emkay Global Financial Services analysts opine that Axon could well prove to be a winner's curse since a long-drawn bidding war might tell on the bottom lines of both firms.
Large cross sections of the financial sector employees are more conservative compared to the IT sector employees, says a new survey by the global consultancy CLSA Asia Pacific.
However, the income profile shows a classical pyramid-shaped society with only 600,000 households earning above Rs 18 lakh per annum, according to the Mr and Mrs India survey by brokerage firm CLSA Asia Pacific Markets.