Sugar stocks may offer sweet deal as ethanol prices are set to jump
Uploading Date : 30-11-2017As the ethanol prices are scheduled to get hiked by five percent from December 1, sugar stocks are once again back into contention. Including them in the investment portfolio now can definitely sweeten up your returns
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Saregama’s Retro Bet Sends Its Shares Soaring
Uploading Date : 30-11-2017Investors are grooving to Saregama’s contrarian beat. In the age of streaming services, the music label unveiled a retro-looking audio player that comes preloaded with 5,000 Bollywood songs. Its shares have gained more than 250 percent since the May launch.
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Sebi orders forensic audit of Svam Software amid crackdown on shell cos
Uploading Date : 29-11-2017Markets regulator Sebi has ordered a forensic audit of Svam Software, which figures among 331 suspected shell companies, after finding prima facie evidence of misrepresentation of financials by the firm.
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GNA Axles falls 6% after 10% equity changed hand via multiple block deals
Uploading Date : 29-11-2017GNA Axles dipped 6% to Rs 384 on the BSE in intra-day trade after nearly 10% of total equity of auto ancillary Company changed hands on the counter via multiple block deals.
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View: Serve-in-India not Make-in-India is need of the hour
Uploading Date : 27-11-2017Two decades ago, a few of my colleagues and I were researching the changing nature of work in the US. We found that services accounted for 75 per cent of the US economy and employed an even greater portion of the labour force, yet policy-makers and politicians focused excessively on the creation and loss of manufacturing jobs.
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Why robust tourism numbers are yet to spice up the hotel sector
Uploading Date : 24-11-2017Only if growth in tourism and passenger traffic continues at the current pace and translates into a sustained revenue growth for hotels will it spice up their operating performance
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Insolvency code ordinance: Life just got tougher for loan cheats, but there’s a long fight ahead
Uploading Date : 23-11-2017Life is getting tougher and tougher for India’s loan cheats. The Narendra Modi-government’s decision to seek the ordinance route to bar wilful defaulters from bidding ailing assets is a critical step in intensifying the battle against wily promoters. What this will do, in effect, is to shut out business houses such as Essar, Bhushan Steel, Bhushan Power and Steel, Monnet Ispat and Jaypee Infratech (facing insolvency /NPA proceedings), from bidding to their own assets on which loan has been defaulted to lenders.
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Kishore Biyani unveils plan to make Future Group a trillion-dollar-revenue group by 2047
Uploading Date : 22-11-2017After several attempts at integrating the company’s digital and brick and mortar retail businesses, Future Group chairman and chief executive Kishore Biyani has unveiled Retail 3.0, a digital strategy aimed at making the group Asia’s largest leading integrated consumer company with a trillion dollars in revenue by 2047.
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