Dhirendra Kumar, CEO, Value Research, says he would encourage everyone to be just a little thoughtful about expenditure and divide spending broadly into three categories. One is essential, that you cannot do without – living, travel, food, stuff like that. Then, something that optimizes your efficiency. And the third one is for pleasure. Your holiday … Read more
Gautam Singhania, Chairman & MD, Raymond, says the company has invested a lot of capex for capacity expansion, which has all just come online/ It is perfectly timed. They have the capacity to offer to customers who want to move from Bangladesh to India. I must congratulate you for the kind of decisions the group … Read more
Nitish Mittersain, Joint MD & CEO, Nazara Technologies, says the company is always trying to get the right balance between profitability and growth. In the current quarters, certain businesses that allowed us to spend more in terms of user acquisition so that we can drive faster growth and this is profitable spending. This is not … Read more
Chakri Lokapriya, Managing Partner, RSB LLP, says the current Supreme Court ruling on mines, allowing states to collect past dues will mean an outgo of about Rs 60,000 crore for just the PSUs and another Rs 1 lakh crore for the private companies. So, Rs 1,60,000 crore will need to be repaid over the next … Read more
Satish Pai, MD, Hindalco, says this quarter the sales were much higher than expected. The demand was very strong, and operational efficiencies were good. The company got a higher number, but there was also some amount of hedge accounting noise that came in, which can always go either way. So, on a consistent onward-going basis, … Read more
Dr Fereidun Fesharaki, Founder & Chairman, FGE, says the long-term oil price will be about $70 a barrel in real terms and this view holds for the next 20 years. Increasing carbon costs are supporting crude prices. But we do not see the prices going below $70, we do not see a $40, $50, $30 … Read more
Cameron Brandt, Director of Research, EPFR Global, says equity investors are treating market volatility as something of an opportunity and there is a bit of buying. Investors are coming in on lower valuations and cheaper entry points for ETFs in key markets. However, as investors are taking some risk off the table in high-yield bond … Read more
Bhavish Aggarwal, CMD, Ola Electric Mobility, says that their S1 X scooters are priced at or below the median ICE scooter and in bikes also it is going to be the same because the supply chain is all the same. They are working on the supply chain, and started trial production of lithium cells. The … Read more
Keki Mistry, Former VC & CEO, HDFC, says to the best of his knowledge from whatever little I have seen with some of the banks or even Poonawalla Fincorp or some of the other NBFCs that I know of, very good and systematic diligence is carried out before a loan is disbursed. Now, it is … Read more
Ashwini Kumar Tewari, MD, SBI, says rural growth is coming back, consumption is improving and of course, whether it has reached the levels that we want and whether it is sustainable is something we have to see. But with the agricultural growth doing good and the monsoon having improved significantly, we are in for a … Read more
