MSMEs must protect their ideas; investment in IP protection is asset not expense
On September 16, 2019, the government announced a reduction in fee for the filing of IPRs by MSME enterprises.Intellectual Property Rights (IPRs) are important instruments to foster a culture of innovation. IPRs include trademarks,…
Retail loans to double to Rs 96 lakh crore in 5 years
Retail advances grew from Rs. 22 lakh crore in FY14 to Rs. 48 lakh crore by March 2019.Over the next five years, the retail loan book of financiers in India would double to Rs. 96 lakh crore, according to a study by ICICI Bankand…
Stock corner: ‘Buy’ on Maruti Suzuki, earnings cycle expented to bottom out in FY20
Volume growth for the PV industry has been weak for the last 18 months (-20% YTD y-o-y), wherein MSIL has maintained its market share at close to 50% YTD.By BofA SecuritiesWe expect Maruti Suzuki’s (MSIL’s) earnings growth to bottom out…
Corporate Affairs ministry moves NCLAT to amend order on Tata Sons’ conversion to private…
RoC filed petition to remove the word “illegal” with respect to the conversion of Tata Sons from a public company to private company.The Corporate Affairs Ministry on Monday moved the National Company Law Appellate Tribunal seeking…
Banking: Failure on rate transmission could hit NIMs
Over the past 11 months, average lending rate (on outstanding loans) has been broadly steady.Absence of effective rate transmission, we fear, could jeopardise banks’ NIM trajectory due to incremental pressure on yields given: (i) spread…
Markets and economy in 2020: Nifty may be nifty even if consumers are thrifty
The Nifty-50 is up 12.5% in the past three months and 12% CYTD19 with the returns having all come after the corporate tax cuts in September.A quick recovery in the economy is ruled out for the present but the markets could nonetheless do…
Activist hedge fund Marcato Capital to shut down after drop in assets
BOSTON (Reuters) - Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after two years of poor returns, sources said on Sunday. FILE PHOTO:…