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Benign input costs should drive 30% PBT growth for PIDI, followed by BRGR, KNPL and APNT (10%). We turn positive on KNPL (upgrade to ‘add’), as it is well placed to benefit from the expected up-cycle in the auto industry over the next…

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This still meant that Mistry was to be reinstated as a director on the boards of TCS, Tata Sons, Tata Teleservices and Tata Industries, with immediate effect.The Supreme Court on Friday stayed in entirety the December 18, 2019 order of…

To a question if rising tensions between the United States and Iran and its impact on the jewellery industryThe total business volume of gems and jewellery industry has posted a 30 per cent decline in terms of demand over the last six…

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The local online food delivery market is estimated to touch .53 billion by 2023, according to estimates by DataLabs by Inc42.Food delivery player Zomato is closing in on UberEats’ India business, sources familiar with the development…

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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On Tuesday, Yes Bank had said it is “willing to favourably consider” a 0-million offer from Citax Holdings even as a .2-billion offer from Erwin Singh Braich and SPGP Holdings remains under discussion.By Shritama Bose, Malini Bhupta…

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…