“So, regardless of what happened in the past month when people got a little worried about the impact on mid and smallcap due to some notification by the industry body or by a certain other notifications, I guess on average you have a decent medium term time horizon. Things are looking fine to us, we … Read more
Mumbai: Non-banking finance companies have raised the cost of borrowing for stock brokers by 25-30%, according to four industry officials familiar with the matter. The move will make margin funding – a short-term loan that brokers extend to investors for buying shares they cannot afford otherwise – costlier for clients, the officials said. Brokers borrow … Read more
In the years since the Covid-19 pandemic shifting audience tastes have given rise to two divergent trends in India’s exhibition industry. According to the latest Ficci-EY media and entertainment report, footfalls in theatres (single screens and multiplexes) have fallen by 9% to 900 million in 2023 from 994 million in 2022. But, gross box-office collections … Read more
“So, non-IT are multiple sectors and there are some pockets where it is still growing at a faster rate. Few sectors where it is not growing as fast as what it was let us say two quarters ago,” says Chintan Thakkar, Wholetime Director & CFO, Info Edge.AI is surely picking up pace. And because of … Read more
Mumbai: More than 70% of the demat accounts held singly in the country have no nominations, posing a challenge for their legal beneficiaries to claim the financial asset. The startling data from India’s market regulator comes amid a record rise in demat account registrations. Industry attributes the lack of nominations to account holders being lethargic … Read more
Wipro. Share Price 494.60 04:04 PM | 15 Jan 2024 29.16(6.27%) Oil And Natural Gas Corporation. Share Price 233.50 04:04 PM | 15 Jan 2024 10.10(4.53%) HCL Technologies. Share Price 1588.20 04:04 PM | 15 Jan 2024 47.41(3.08%) Infosys. Share Price 1652.10 04:04 PM | 15 Jan 2024 39.35(2.44%) Bharti Airtel. Share Price 1102.40 03:55 … Read more
Mumbai-based top investor Vijay Kedia, known for picking multibaggers at an early stage using SMILE philosophy, has seen 10 out of 15 portfolio stocks more than doubling wealth in the calendar year 2023. On a year-to-date basis, the top gainer in his Rs 1,500-crore portfolio is smallcap civil construction stock Om Infra which has rallied … Read more
ET Now caught up with KV Kamath, Chairman, ICICI Bank, for his expectations from the Narendra Modi government as well as the Budget. Excerpts: ET Now: Talking of expectations from Narendra Modi, do not you think too much hope and money in essence is riding behind one man? Despite his good intentions, there are structural … Read more
After posting record-breaking volumes in 2023, Indian automobile industry is driving into the new year aware of a lurking moderation in sales growth but ready to embrace green technologies, led by electric vehicles. Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. Veteran industry … Read more
