global it spending: Naveen Mishra on why Gartner is optimistic about worldwide IT spending guidance

Naveen Mishra, VP, Team Manager, Gartner, says in ‘25 we anticipate CIOs would execute their Gen AI strategy and as a part of it, every service provider especially the large data centre companies are spending into servers, network etc. While you have upgraded your worldwide IT spend guidance with respect to the forecast that you … Read more

power sector: Don’t foresee absolute power supply constraint current year: CARE Ratings

Sabyasachi Majumdar, Senior Director, CARE Ratings, the power sector is expected to have ample availability of electricity from thermal, gas, wind, and solar sources. The assurance lies in the willingness of distribution companies to pay for the power they receive. The current season is particularly favorable for wind and solar power generation. Unlike the supply … Read more

senco gold share price: Higher gold prices to impact volume 15-20%; diamond jewellery, making charges helping margins: Senco Gold MD

Suvankar Sen, MD & CEO, Senco Gold, says the endeavour of the Birla group to enter into the industry is just a signal that the industry is getting more and more organised. The story that we have been hearing over the last 5-10 years, the shift from the unorganised to organised, are the actions and … Read more

anand rathi wealth: 20- 25% growth is there for the taking for many years to come: Anand Rathi Wealth CEO

Rakesh Rawal, CEO, says “Anand Rathi Wealth has grown in the 30% range for the last several years that we have been in the market. We projected 20-25% and achieved 30%. This year also, we projected 20-25% and hopefully we should meet that and try and better the expectations. Broadly, the industry is very well … Read more

eveready: When we are double the size of our turnover today, flashlights and lighting should be more than 50%: Eveready Industries MD

Suvamoy Saha, MD, Eveready Industries, says expects maximum growth from the lighting and electrical segment that they entered much later than other two segments. We remain committed to growing this vertical at a pace much faster than the rest of the company. Due to the significant price erosion, we landed up with a low level … Read more

Sanjiv Bhasin | Sanjiv Bhasin portfolio: We have exited Paytm, Zee; go for these 3 stocks now: Sanjiv Bhasin

Sanjiv Bhasin, Director, IIFL Securities, says “ we exited Paytm and Zee as well. These have been two of the weak calls and we wanted to get into better plays because this underperformance might stay for a longer than expected period and who wants to fight uncertainty in a bull market? If they cannot perform … Read more

auto sector: Expect PV sales to spike after Lok Sabha elections: Manish Raj Singhania, FADA

Manish Raj Singhania, President, FADA, says “immediately after the election, we saw a big spike in PV retails. So, though during the elections, we will see a slight dip, but what we saw in the Vidhan Sabha elections will definitely be replicated in the Lok Sabha election. Post election, we can expect a big spike … Read more

Bandhan Bank | Chandra Shekhar Ghosh: Will take up strategic role to contribute to growth of Bandhan Group: Chandra Shekhar Ghosh, Bandhan Bank

“There are a good number of senior management people we have already boarded to the bank and they are also setting up the bank and so it is the right time, given we have a very professional team,” says Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank.What are your future plans?I need to retire and … Read more

hotel sector: Leisure is leading although individual business travel is coming back:Hyatt Hotels CEO

Mark Hoplamazian, President & CEO, Hyatt Hotels Corp, says “growth has been led by leisure travel and mostly domestic leisure travel. And the difference between the amount of money spent on domestically leisure travel versus inbound leisure travel is something like seven to one.” It has been a couple of years that you have not … Read more

godrej agrovet: If monsoon is good, it should be good for all agri businesses: Nadir Godrej, Godrej Agrovet

Nadir Godrej, Chairman, Godrej Agrovet, says outlook for the “cattle feed as well as aquafeed segments are good. We have a lot of premium cattle feed products now. We have done a lot of R&D in cattle feed, which is showing good results. Our products are being well received. They are more efficient products. So, … Read more