Reseñas

With regard to the sale of PNB’s stake in Canara HSBC OBC Life Insurance, Goel said, there has been a change in guidelines from IRDAI and now the banks are allowed to hold the stake as an investment rather than a promoter category.

Efforts will be made towards building a consensus among the G20 countries on developing a framework for assessing the skill gaps and harmonisation of skills qualification across these countries to enable faster and easier labour mobility and at a reduced cost.

Tax authorities have started issuing notices to these companies, asking them to reverse credit claimed on expenses for listing of the shares, people aware of the matter said. The authorities argue that listing of shares is equivalent to trading of securities, which is an exempted service as per the GST Continue Reading

He said 15x more resources can be ploughed in to fight various developmental challenges like education and health and achieve sustainable development goals by using innovative financial instruments like blended finance, credit enhancement and first loss guarantees.

With a continuance of the ‘Great Churn’, attrition across industries witnessed a 0.46 percentage point increase from an average of 7.81 per cent in the second quarter to 8.27 per cent in the third quarter, according to TeamLease “Employment Outlook Report”.

Revenue from operations rose 13% to Rs 1.33 lakh crore in the three months ended December

The spike in commodity prices following Russia’s invasion of Ukraine, spiralling inflation, and steep rate hikes by central banks hurt consumption significantly and hurt consumer durables and consumer discretionary firms.

“Every week on average, our portfolio makes about Rs 1,100 crore. This Sunday also, that number was achieved. Next Sunday it will be the same, the following Sunday it will be the same. We believe that it will become clear to investors that this short-term volatility will be addressed as Continue Reading

The emphasis will be high on levers to increase margins, especially noting that pricing increase is difficult in the current environment and trade-offs involved given aggressive cost controls. The brokerage expected investor to focus on the reasons for revenue growth underperformance versus peers, underwhelming margins despite multiple measures to improve Continue Reading

​We could be in for a choppy and volatile move but a range bound one between 17450 and 17780-17800 on the upside.