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
Mark Mobius, Mobius Emerging Opportunities Fund, says at the end of the day, it is not foreign investors who drive the Indian market, it is domestic investors. RBI recently said that they want the banks to attract more deposits and probably one of the reasons for this is that there are too many retail investors … Read more
Analysing the monetary policy, R Gandhi, Former RBI Deputy Governor, says that while the policy is conservative, in the long run, inflation will have to be very manageable at that near the target level of around 4%, for India to have a stable growth platform. RBI’s clear inflation hawk stance says that by no means … Read more
CK Venkataraman, MD, Titan, says that when it comes to Tanishq, what is emerging is that we need to up our game in terms of the standards, the innovations, and the excellence that we play for us to continue to keep growing at the rate at which we have grown for a long time. It … Read more
Dinesh Kumar Khara, Chairman, SBI, says the bank has to balance the interests of multiple stakeholders and the shareholders are very important stakeholders. The bank has to create value for them and that is the reason SBI always wants to grow but not at the cost of profitability. Khara says his ambition was to see … Read more
Alessia Berardi, Head of Emerging Macro and Strategy, Amundi Investment Institute, says investors need to reconcile the high valuation of the Indian market with the high potential growth in India. The valuation did not deter foreign investors from entering the market as we have seen since last year. India is a country in transformation. Investors … Read more
Sandeep Garg, MD, Welspun Enterprises, says they have been very consistent in their revenues. Coming to the profit margins, at a consolidated level, for this year, they should be in a position to deliver EBITDA of about Rs 700-750 crore range. Garg further says Welspun has been very selective in picking up the projects and … Read more
Debadatta Chand, CEO & MD, Bank of Baroda, says the bank’s guidance on the NIM has been 3.15% plus-minus 5 bps. And the good part of this quarter, the June quarter results is that we maintain the NIM vis-a-vis the last year. The last full year NIM was 3.18 and if you look at the … Read more
