Job Market

Given strong growth visibility, we raise our Ebitda estimates by 7%/4%, but reduce EPS by 9%/8% for FY20/21 given higher tax rates.Apollo Hospitals (APHS) has emerged as the largest Indian private hospital player (~10,200 total bed…
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The main problem is banks don’t want to lend.There is a severe credit squeeze in the economy: Credit growth at 7% is at multi-year low levels (excluding the one-off demonetisation phase). The main problem is banks don’t want to lend. We…
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Tax rate for body corporate with annual revenue of less than Rs 250 crore a year was reduced to 25% from 30% in the last budget.The All India Gem and Jewellery Domestic Council (GJC) has sought immediate reduction in import duty on gold,…
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According to market sources, prices of groundnut oil has crossed Rs 2,000 per tin on Friday following hike of over Rs 50 after the curbs on import of refined palm oil.The central government’s decision to put curbs on the import of…
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The rupee was Asia’s second-worst performer in 2019.India’s rupee will likely beat most Asian peers this year, according to Rabobank, in contrast with other top forecasters who expect the currency to continue trailing. The worst of the…
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The company management will also hold a press conference at around 4:30 pm. The earnings hold significance as the market is expected to closely analyse any developments around the whistleblower issue.Shares of Infosysjumped as high as …
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Market sources estimate the IPO size to be anywhere between Rs 1,500-1,600 crore.Computer Age Management Services (CAMS), which is backed by Warburg Pincus and the NSE, has filed draft papers with markets regulator Sebi to float an…
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Rashesh Shah writes and delivers lectures on topics related to financial markets, development, macroeconomic policies, and related matters.Shares of Edelweiss Financial plunged 10 per cent on media reports that group founder and chairman…
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IIP grew at 1.8 per cent in November 2019.Market HIGHLIGHTS: The factory output of India expanded for the first time in four months in November 2018. After three straight months of contraction till October, IIP grew at 1.8 per cent in…
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The bond was initially priced at 5.375 per cent, but owing to good demand from investors, the company fixed the price at 27.5 basis points lower to 5.1 per cent. (Reuters)Non-banking lender Shriram Transport Finance (STFC) on Friday said…
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