Indian Prime Minister Narendra Modi Saturday launched the 'Startup India' programme in New Delhi, evoking phenomenal response from stakeholders. Here is what they had to say
Arun Jaitley, India's finance minister
"Start-Up India will change conventions. Government will merely be a facilitator for start-ups."
Below is the view on market outlook for the next week by Reliance Securities Ltd
“The Indian stock market corrected for the second consecutive week with the Nifty down by over 2%. However, the real damage was witnessed in the broader markets with the Nifty Mid-cap index falling by over 6% while the Nifty Small-cap index collapsed 9.5%.
Below is the view on Infosys- 3QFY2016 Results By Ms. Sarabjit Kour Nangra (VP Research - IT, Angel Broking)
Infosys (CMP: INR 1,082/ TP Under Review: Buy / Upside :
“Contrary to expectations, Infosys has delivered a robust numbers. During 3QFY2016, company posted a 0.6% sequential growth in USD revenues to US$2,407mn
By Krishna Eluri and Siddharth Iyer
BENGALURU - Having made four reductions in 2015, the Reserve Bank of India (RBI) will likely cut interest rates once more in the coming year, despite expectations that inflation will rise slightly above its medium-term target, a Reuters poll found.
The survey of 28 economists taken this week showed e
The attendant worries apart, an element of intrigue crept up from the latest industrial production numbers for November last year released on Tuesday, showing a fall of 3.2 percent month-on-month in India's factory output from a 9.8-percent growth in October.
From a cursory look at the numbers, it is evident the drag has been caused by the manufacturing sector, which saw
Below is the view on Federal Bank 3QFY2016 Results By Mr. Vaibhav Agrawal (VP Research- Banking, Angel Broking)
“Federal Bank reported poor set of numbers with the bottom line declining 39% YoY to INR 162.7cr, coming in below expectations. On the operating front, Net Interest Income for the bank rose marginally by 3.1% YoY, while non-interest income saw a di