#LeadershipSeries: An interview with Mr. Prasad Shejale.

Mr. Prasad Shejale, Co-founder & CEO, Logicserve Digital is one of the leading marketing & business leader in a candid discussion with our Editorial Team.

Q1. Prasad thank you for your time and pleasure chatting with you, firstly would like to ask you, Exciting times in the market the way everyone is focusing on digital space?

It is

Bharat Financial 'Investor meeting takeaways: Management sees growth momentum sustaining'

40-50% Loan CAGR may sustain over next 2 years

We hosted Bharat Financial (BHAFIN) management team for investor meetings. The company believes that it will be able to sustain growth momentum of 40-50% CAGR over next 2-3 years aided by: 1) 30% CAGR in customer additions, 2) 10-12% CAGR in ticket size expansion, and 3) balance from portfolio/ mix change.

India`s GDP growth seen picking up to 6.6 percent but GST fogs outlook: Reuters poll

By Sujith Pai and Anu Bararia

BENGALURU  - India's economic growth likely accelerated to 6.6 percent in the quarter just ended, but analysts polled by Reuters are sounding increasingly worried that confusion over a new goods and services tax will dampen activity in coming months.

The forecast, from a survey of over 40 economists taken over the past

Weekly Market Outlook by Harsha Upadhyaya, CIO- Equity, Kotak Mutual Fund

Below is the View on Weekly Market Outlook by Harsha Upadhyaya, CIO- Equity, Kotak Mutual Fund

“The latest earnings season of 1QFY18 was largely a disappointment. 1QFY18 results suggest that the underlying conditions in several sectors and the broader economy continue to be weak. 1QFY18 net profits of the Nifty-50 Index declined by about 10% Y-o-Y

Microsoft ready to take 50mn SMBs on 'intelligent' Cloud: Anant Maheshwari

As over 50 million Small and Medium Businesses (SMBs) in India look to move to a secure Cloud, Microsoft -- with its end-to-end offerings with New-Age capabilities -- is set to help them evolve and adopt an "intelligent" Cloud, says Microsoft India President Anant Maheshwari.

Maheshwari, who believes that almost every company will eventually become a software one at some poi

We are innovating for India`s growing 4G LTE market: Qualcomm

As the Indian market embraces the 4G Long Term-Evolution (LTE) technology ecosystem in a big way, global chip giant Qualcomm finds it natural to innovate for the growing 4G market in the country, a senior company executive has said.

According to Counterpoint Research's "Market Monitor" service, LTE-installed base of mobile handsets crossed 150 million units in India -- b

Cotton for October delivery is heading for first weekly loss - Angel Commodities

Below is the View On  Weekly Agri-Commodities by Mr. Ritesh Kumar Sahu (Fundamental Analyst– Agri Commodities, Angel Commodities Broking):

 “During the current week, Mentha, Coriander and Cotton seed oil cake futures jumped higher mainly on improvement in domestic demand. Oilseed and edible oil futures baring Ref

22/08/2017 3:39:30 PM | Posted in Commodities Reports read full news
We maintain our BUY rating on Infosys Ltd - Angel Broking

Below is the View on CEO & MD of Infosys Resigns by Ms. Sarabjit Kour Nangra (VP Research- IT, Angel Broking):

  “Mr. Vishal Sikka has resigned as the Chief Executive Officer & Managing Director of Infosys with immediate effect. Sikka cited among his reasons for leaving "a continuous stream of distractions and disrupti

Buy Infosys Ltd For Target Rs.1,080.00 - Reliance Sec

Share Buy-back – Increasingly Attractive with Higher Acceptance Ratio

Infosys announced a share buyback on August 19, 2017 under which it will buy back 113mn equity shares at a price of Rs1,150/share, which is at a substantial ~32% premium to the CMP. This will lead to a cash outflow of Rs130bn, which is ~39% of the IT major’s cash balance.

Q1FY18 earnings : Earnings recovery delayed further - ICICI Sec

Q1FY18 earnings : Earnings recovery delayed further

* Outlook – ‘Mirage of hope’ for earnings recovery will continue to disappoint investors in the short term: Since the beginning of CY17, the rolled forward Nifty50 EPS has remained stagnant at ~540 (adjusted for new entrants), which effectively means the earnings dow

Need of the hour is to keep the core of Infosys intact

Vishal Sikkas exit from Infosys seems to have been accentuated by the streak of comments made by co-founder N.R. Narayan Murthy. The comments bordered on complaints, raising issues of corporate governance and at time accusations. The episode, like a soap opera with significant twists and turns, has been played in public glare over the last few months.

The resignation has had i

Nickel too rallied by more than 3 percent on the LME to touch highs of $10645/t levels - Angel Commodities

Below is the View On Bull run in metals far from over by Ms. Kaynat Chainwala (Research Analyst- Base Metals, Angel Commodities Broking):

“Rally in the industrial metals space refuses to cease and the latest bout came from hike in Steel trading prices on the Shanghai Shanghai Futures Exchange. Last week, the China Iron and Steel Associa

Smart cities to drive video surveillance market in India: Seagate

As the drive to build smart and secure cities gains momentum, the relevance of video-based surveillance to ensure safety at workplace and beyond has increased multifold, a senior executive of US-based data storage company Seagate has said.

According to a recent report from Ireland-based Research and Markets, India's video surveillance market is projected to grow at a compound annu

Morningstar Offshore Fund Spy Report June quarter


This report provides insights into performance, estimated flows, and asset trends for offshore funds focussed on the Indian equity market (or “Indian securities”). The flows are estimated from assets and total returns for the quarter ended June 2017.

An offshore India fund is one that is not domiciled in India but invest

Government`s help to lenders facing bond defaults a 'moral hazard' - Fitch Rating

MUMBAI - The government risks creating "moral hazard" by injecting funds into state-run lenders such as IDBI Bank Ltd which are at risk of missing coupon payments on their additional tier 1 bonds, Fitch Ratings said on Wednesday.

Fitch said India's injection of 19 billion rupees ($295.81 million) into IDBI on Aug. 9 - at a time when the lender was believ

WPI Inflation comes in higher for the month of July - Angel Broking

Below is the View On WPI for the month of July 2017 by Mr. Mayuresh Joshi (Fund Manager, Angel Broking):

“The Wholesale Price Index (WPI) inflation for the month of July 2017 came in at 1.88%. This marks a sharp increase from the 0.90% WPI inflation reported in the month of June 2017. However, the cumulative WPI inflation for the first

NCLT admits RCOM merger petition with Aircel - Angel Broking

In what could be a sentimental boost to Reliance Communication, the National Company Law Tribunal (NCLT) has admitted the petition for merger of the wireless business of RCOM with Aircel. Additionally, NCLT has also admitted the petition for RCOM to sell 51% stake in its Towers business to Brookfield of Canada.    

As part of this deal with Aircel, the debt of RCOM will stan

Expert Views: July consumer inflation accelerates to 2.36 percent

NEW DELHI - India's annual consumer price inflation picked up to 2.36 percent in July after easing for three straight months, as a decline in food prices slowed sharply, government data showed on Monday.

The rise was faster than the 1.87 percent forecast by economists in a Reuters poll. Inflation was 1.54 percent in June - the slowest pace since India started rele

Tata Motors FY17 Annual Report - Motilal Oswal

TATA MOTORS FY17 Tata Motors’ FY17 annual report highlights weak operating performance. EBITDA declined 12.5% to INR335b and PAT declined 35% to INR76b. Net worth dipped to INR585b (FY16: INR794b) due to losses on (a) cash flow hedges, (b) re-measurement of pension liabilities, and (c) translation of foreign operations charged through OCI. Derivative losses continue to impact earnings, wi

The fundamentals of the Indian economy is continuously improving - Kotak Sec

Below is the View On weekly market quote by Sanjeev Zarbade, Vice President, PCG Research, Kotak Securities

It was one of the worst weeks for several months as Global markets signed off on a weak note. Geopolitical tensions between the US and North Korea took the centre stage as each side threatened the other with dire circumstances. The crisis st

Castor seed futures on NCDEX is heading for first weekly gains - Angel Commodities

Below is the View On Weekly Agri-Commodities by Mr. Ritesh Kumar Sahu (Fundamental Analyst– Agri Commodities, Angel Commodities Broking):

“During the current week, Guar futures expected to close higher for the third consecutive week followed by cardamom and castor seed while edible oil and oil seed prices have recovered in the cur

12/08/2017 11:44:03 AM | Posted in Commodities Reports read full news
We maintain our Sell rating on Cipla Ltd 1QFY2018 Results - Angel Broking

Below is The View On Cipla Ltd 1QFY2018 Results by Ms. Sarabjit Kour Nangra (VP Research- Pharma, Angel Broking):

“Cipla posted poor set of numbers, sales came in at INR 3,432cr V/s INR 3,789cr expected V/s INR 3,500cr in 1QFY2017, a YoY de-growth of 1.9%, mainly driven by the Indian formulation sales dip. Indian formulation sales (INR

We maintain our SELL rating on Indoco Remedies Ltd 1QFY2018 Results - Angel Broking

Below is the View On Indoco Remedies Ltd 1QFY2018 Results by Ms. Sarabjit Kour Nangra (VP Research- Pharma, Angel Broking):

“Indoco Remedies like other pharmaceuticals companies posted bad set of numbers. Sales came in at INR 204cr V/s INR214cr expected and V/s INR253cr in 1QFY2017, a YoY de-growth of 19.2%. The company witnessed a disr