Tuesday, October 23, 2018

‘Business’ News

There is value emerging in these 3 pockets: Mahesh Patil

Tuesday, October 23, 2018 6:45

Earnings growth though slightly lower, still looks fairly on track, Mahesh Patil, Co-CIO, Aditya Birla Sun Life 66326867 66314954 66312740 Mutual Fund, tells ET Now. Patil also says that value is emerging in utilities, pharma and metal sectors. Some of the good quality NBFCs are also available cheap now. Edited ...

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A Jet flyer claims he may go permanently deaf

Tuesday, October 23, 2018 6:04

By Abhishek SharanMukesh Sharma, diagnosed with mild conductive deafness, says his doctor has warned he may go permanently deaf; may move court.One of the five passengers, who suffered ear and nosebleeds last month after the crew of a Mumbai-Jaipur flight forgot to turn on the switch that controls cabin pressure, ...

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Welspun India’s Q2 consolidated net profit up by over 21%

Tuesday, October 23, 2018 6:01

Mumbai: Home textiles firm Welspun India on Monday reported a rise of 21.38 per cent in its consolidated net profit for the second quarter (Q2) of 2018-19.As per the company's regulatory filing to the BSE, the consolidated net profit during the period under ...

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India’s TCS among top 10 firms to get foreign labour certification for H-1B visas

Tuesday, October 23, 2018 5:59

Tata Consultancy Services is the only Indian company among top 10 firms to get foreign labour certification for the H-1B visas for the fiscal year 2018, according to data from the US Department of Labour. The H-1B visas are the most sought-after among Indian IT professionals. The visa programme allows ...

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Why India’s next prime minister could be its weakest ever

Tuesday, October 23, 2018 5:37

By: Rohit SaranThe fumble to explain the fall in rupee value, the nervous defiance over rising petrol and diesel prices, the shooting of the messenger (WhatsApp) for lynchings, sparrings over who let Vijay Mallya and Nirav Modi out, uncertainty over the legality of cryptocurrencies ...These unrelated developments point to one ...

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Nissan plans to drive in half-a-dozen SUVs

Tuesday, October 23, 2018 5:24

Having failed to crack the Indian market, Japanese car major Nissan now plans to drive in nearly half a dozen SUVs in the country to attract buyers and challenge rivals such as Hyundai, Tata Motors, Mahindra & Mahindra and Ford. The company, which has been present in India since 2010, ...

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Pay for surgery via a cheaper P2P loan

Tuesday, October 23, 2018 5:11

If you need a loan for a medical emergency like a surgery, it might help to turn to your peers rather than institutions. Peer-to-peer (P2P) lending platforms say they have seen lenders willing to offer interest rates between 8% and 12% for medical emergencies on their platforms. On the contrary, ...

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India’s NPAs worse than Pakistan & Botswana

Tuesday, October 23, 2018 5:08

By Ashwini AnandThe Indian banking sector is in deep trouble. No, I am not referring to the 25%-50% crashes the stock prices of lenders such as DHFL,IIFL or Edelweiss or the huge liquidity crunch that threatens the operations of several lenders, forcing RBI to raise the single-borrower lending cap ...

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It is a good time to find value in the market: Aditya Agarwal

Tuesday, October 23, 2018 5:05

Morningstar is positive on certain HDFC funds, ICICI Prudential Funds as well as DSP equity funds. Kunal 66317415 66312740 66292693 Kapoor, CEO and Aditya Agarwal, MD, India, Morningstar, chat with Ajaya Sharma of ET Now before the Morningstar ...

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Steel companies buck trend, now more valuable than car makers

Tuesday, October 23, 2018 4:22

Driving luxury cars has aspirational value for some, but investors globally are increasingly finding it difficult to ascribe premium valuation to the stocks of high-end car makers. And in some cases, pure commodity companies such as steel makers are perceived to be more valuable.The average 2018 price-earnings (P/E) multiple of ...

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