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M&M continues to surprise on profitabilityMahindra& Mahindra’s (M&M) Q2FY20 Ebitda at Rs. 1,540 crore (down 16.7%) came 7% ahead of consensus driven by better product mix, price increase and tight leash on cost. Key positive…

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Nitin Gadkari (PTI)The government is in the process of formulating a policy on credit ratings for micro, small and medium enterprises to help investors and other players take informed decision, Union Minister Nitin Gadkari said on…

PayNearby said it has commenced a nationwide launch under its retail network of more than 7.5 lakh retail touch-points across the country.PayNearby, the hyperlocal fintech network builder, on Monday said it has launched its own mirco…

“I’m bullish on gold, as you can imagine. I’m not saying that it will not go down, of course it’s going to fluctuate,” Mark Mobius said.Even as we continue to see gold prices rallying in the year so far, emerging markets veteran Mark…

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According to Alibaba, the number of orders created at the peak of the 2019 11.11 Global Shopping Festival reached 5,44,000 orders per second, which is 1,360 times that of the first edition of the festival in 2009. (Reuters)E-commerce…

According to reports, the government is mulling a re-introduction of the Financial Resolution and Deposit Insurance Bill, which may address such issues. (Reuters)Banker Uday Kotak on Friday pitched for rules to enable exits and…

Maintain Hold with an unchanged TP of Rs. 125 as we roll over the valuation to March 2021.Sedate execution in the defence segment (up ~10% y-o-y versus our forecast of 30%) led to an overall miss for Bharat Electronics (BHE). Key…

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