IT hiring: Not AI, IT hiring not picking up because of global slowdown in IT spend: Ramani Dathi, Teamlease Services

IT hiring: Not AI, IT hiring not picking up because of global slowdown in IT spend: Ramani Dathi, Teamlease Services

Ramani Dathi, CFO, Teamlease Services, says on the non-IT side, a very positive outlook as far as hiring is concerned across all segments like BFSI, FMCG, FMCD, pharma, tourism, hospitality and manufacturing. The monsoon is expected to be positive for this year. We believe that the upcoming festive season can also be very good for … Read more

nilesh shah news: Should you book your profits or stay invested as market may conquer new peaks? Nilesh Shah answers

nilesh shah news: Should you book your profits or stay invested as market may conquer new peaks? Nilesh Shah answers

Nilesh Shah, MD, Kotak AMC, says many people depend upon their next generation and become a burden on them. It is important that we create financial security for every Indian through capital market participation whereby they can generate real return. How can you make a country rich when 93% of savings went into either below … Read more

Dhanuka Agrotech | GST: Cut GST on agrochemicals to 5% or at least 12% immediately: MK Dhanuka

Dhanuka Agrotech | GST: Cut GST on agrochemicals to 5% or at least 12% immediately: MK Dhanuka

MK Dhanuka, MD, Dhanuka Agritech, says that in order to make the pesticide available at reasonable prices for the farmers, the government should definitely think of reducing the GST on agrochemicals from 18% to either 5% or at least up to 12% immediately. The industry tried very hard this time for GST reduction but it … Read more

Bandhan Bank | Bandhan Bank share price: Management team largely in place to take Bandhan Bank forward after Chandra Shekhar Ghosh retires, says CFO

Bandhan Bank | Bandhan Bank share price: Management team largely in place to take Bandhan Bank forward after Chandra Shekhar Ghosh retires, says CFO

Rajeev Mantri, CFO, Bandhan Bank, says the overall targeted strategy is the bank has to continue doing the good work that it has done in the past, but making sure that the deposit drive continues and with a liability-first approach, which means that the advances will need to continue, but the bank needs to continue … Read more

Indian equities: Are fears and panic around PSUs overblown? Sandip Sabharwal answers

Indian equities: Are fears and panic around PSUs overblown? Sandip Sabharwal answers

“The situation was never as good in the Indian aviation market as it is today because there are effectively only two large players, Vistara Air India combined and InterGlobe Aviation,” says Sandip Sabharwal, asksandipsabharwal.com.Let us get stock specific then and get in your take on the entire chemical sector, brokerages are of the view that … Read more

FMCG sector: There can be both time wise and value wise correction in PSU stocks: Sandip Sabharwal

FMCG sector: There can be both time wise and value wise correction in PSU stocks: Sandip Sabharwal

“We do not have any of the wire and cable stocks, but I think Finolex I have tracked and recently prior to the results and subsequent to management commentary, obviously it has done very well. So, the entire space is doing well in terms of volume growth and it has actually been leading the entire … Read more

Swaminathan Aiyar: Hold your horses! Wait for real results before making big moves: Swaminathan Aiyar

Swaminathan Aiyar: Hold your horses! Wait for real results before making big moves: Swaminathan Aiyar

“It said, Mr Modi has done so well for you and Mr Modi guarantee now I will give you more of the same. So, if he is going to give more of the same, then as far as I can see, the market should be happy,” says Swaminathan Aiyar, Consulting Editor, ET Now. Clearly, with … Read more

markets: India has a great story going for it; market levels very sustainable: Prateek Agrawal

markets: India has a great story going for it; market levels very sustainable: Prateek Agrawal

“Few percentage point here and there does not matter as much as certainty does. So, outcome after elections, a good budget, both would have a positive impact,” says Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company. I am looking at the market positioning, what FIIs have done, what DIIs have done, what the … Read more

Insurance: Expect LIC’s VNB margin to grow 2-3%, India embedded value to surge at least 10% in FY25: Siddhartha Mohanty

Insurance: Expect LIC’s VNB margin to grow 2-3%, India embedded value to surge at least 10% in FY25: Siddhartha Mohanty

Siddhartha Mohanty, Chairperson, LIC, says they have moved from Rs 5,82,000 crore to Rs 7,27,000 crore and there’s a very huge growth in our India embedded value. It comprises all their businesses as well as other factors which contribute to growth, so that growth rate will continue and the market should trust us. Mohanty expects … Read more

renewable energy: Suzlon looking at a much stronger balance sheet at the end of FY25: CFO

renewable energy: Suzlon looking at a much stronger balance sheet at the end of FY25: CFO

Himanshu Mody, CFO, Suzlon Group, says Suzlon alone has a Make in India turbine, based on the principles of Atmanirbhar Bharat. The technology is their USP. It is the only turbine that is tailor-made or customised for India’s weather conditions, whereas most of the competition – whether from the west or the east – do … Read more