Diversified financial services group JM Financial reported near-flat profit growth for the December 2016 quarter at 118.60 crore, up 1.28 per cent from 117.11 crore in the corresponding quarter of the previous year. Total income, over the same period, rose ... Business Line, 1 month ago
JM Financial: issues interim dividend; stock zooms - India Infoline, 1 month ago
JM Financial reports flat net as it consolidates ARC arm - Business Standard, 1 month ago
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Every service provider, say analysts, now needs to make a much larger investment, and therefore needs a much larger share of the market to be profitable. Image: Reliance Industries chairman Mukesh Ambani. Photograph: PTI Photograph. It takes an exceptional businessman to change an industry once, it takes a Mukesh Ambani to do it twice. Back in 2002, the Reliance Industries chief paved the way for incoming calls to become free, and for mobile phones to proliferate. Now, having exited the ...Rediff.com, 2 weeks ago
Avenue Supermarts, the owner of the DMart brand of stores, is likely to open its initial public offer of Rs 1,870 crore on March 8, according to the company's red herring prospectus (RHP). The issue is likely to close on March 10, and the company, in ...Deccan Herald, 1 day ago
The operating environment for banks continues to remain challenging given the large pile of bad loans, slow economic recovery, and credit demand remaining muted. Profitability is likely to worsen for most banks saddled with high amount of bad loans. Some ...The Financial Chronicle, 3 days ago
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table. It took 30 trips to Russia over two years for veteran investment banker Rajeev Gupta to bring in the single largest foreign direct investment (FDI) of $12.9 billion when he helped Ruias sell their 98 per cent interest in Essar Oil to Russian oil major Rosneft late last year. The deal included the ...Rediff.com, 1 week ago
The recent guidelines from the central bank allowing statutory reserve and other reserves created out of the profit to be reckoned for paying of Additional Tier 1 (AT1) bonds coupon – these are a combination of debt and equity – have provided a breather ...The Financial Chronicle, 1 week ago
'At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms,' reports Ayan Pramanik. Infosys, the country's second largest information technology services company, could see its 'weakest' quarterly performance in two years on Friday, when it announces the December quarter results. 'We expect Infosys to report the weakest results and drop its US dollar guidance (growth forecast) to seven-eight per cent. We would look ...Rediff.com, 1 month ago
New Delhi: The overall performance of the consumer goods sector will be adversely impacted by demonetisation as consumers curtailed spending following lesser currency notes in circulation, JM Financial said in its report. "The quarter began on a promising ...Sify, 1 month ago
'The Street is divided on when we could recover from demonetisation.''The government believes it is a pain at best for two quarters.''Some analysts feel the impact could be felt for two-three quarters and some that it could last for 12 to 15 months.''Investors are stuck in a no-action zone.' IMAGE: "The next few months are expected to be super-volatile and some of this can continue till at least the March quarter results," says Suhas Harinarayan, managing director of institutional ...Rediff.com, 1 month ago
Posted by Equitymaster After opening the day on a flat note, the Indian share markets have continued to remain flat and are and are trading just above the dotted line. All the sectoral indices with the exception of Healthcare sector and Capital Goods sector ...Equitymaster.com, 1 month ago
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