Reseñas

The government hiked the National Calamity Contingent Duty (NCCD) on cigarettes by 16%. NCCD accounts for about 10% of overall taxes on cigarettes. Analysts expect the hike in the duty to give room for ITC to raise prices by about 1-3% across categories, which will subsequently drive its profitability.

Research also showed that if mental health issues like stress, anxiety and depression are addressed upfront, then allied health conditions can also be resolved. So as an organisation we offer mental health counselling to colleagues.

As Nifty and broader market corrects, judged on the basis of price earning (PE) ratio some stocks may start to look cheap. More often than not, relying on PE may lead to wrong investment decisions given the huge difference in what is value and what looks cheap due to one Continue Reading

Adani chose to forgo the short-term victory of nailing the follow-on offer to protect his longer term relationships with marquee investors who otherwise were staring at some embarrassing mark-to-market losses on the sums they had committed.

Capital investment is always a key area of the budget. For the third straight year, the government has significantly increased the outlay, which is slated at ₹13.7 lakh crore for FY24 equating to 4.5% of India’s GDP. A record ₹2.4 lakh crore is earmarked for Railways, 9x the figure from Continue Reading

It can be noted that in October 2021, the country’s forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.

Paytm reported a positive EBITDA before ESOP cost (earnings before interest, taxes, depreciation, amortisation and employee stock option costs) of Rs 31 crore. This metric was negative Rs 393 crore in December quarter last year.

“There is a risk that investor concerns about the group’s governance and disclosures are larger than we have currently factored into our ratings, or that new investigations and negative market sentiment may lead to increased cost of capital and reduce funding access for rated entities,” S&P said in a statement.

A recent study by IIFL Securities analysed expenditure trends in the last four pre-election-year (PEY) budgets. They concluded that governments do not always step-up revenue expenditure relative to capital expenditure. In 3 out of 4 PEY budgets, growth expenditure was accelerated much more than populist schemes. This point has been Continue Reading

According to block deal data available with the BSE, two entities — C/D Investors Fund LP and H/D Investors Fund LP — sold a total of 8,86,58,600 shares, amounting to a combined stake of 1.5 per cent in the company