Special Stories

EDITORIAL: RBI's gilt purchase plan quantitative easing by 'jugaad'

Informist, Friday, Apr 9, 2021 Indians are experts at working with the resources at their disposal and coming up with the sort of life hacks which has given form to the word 'jugaad'. The Reserve Bank of India seems to be no exception, going by its new gilt purchase programme. The first version...

SEBI Watch: Right to take seriously continuing breach of major norms

Informist, Friday, Apr 9, 2021 By Rajesh Gajra There is a message for corporate India in the 250-mln-rupee penalty imposed by Securities and Exchange Board of India on the promoters of Reliance Industries Ltd for failure to make a public offer following allotment of shares to them in 2000, as required under...

Informist Poll:Mar CPI inflation seen rising to 4-month high of 5.4%

Informist, Friday, Apr 9, 2021 NEW DELHI – India's headline retail inflation is likely to have risen to a four-month high of 5.4% in March due to higher fuel prices and low base, according to the median of estimates of 24 economists polled by Informist.  CPI inflation was 5.03% in February and 5.84% in March last...

TREND: Arbitrage funds attract inflows as equity market consolidates

Informist, Friday, Apr 9, 2021 By Rajesh Gajra NEW DELHI – A phase of consolidation in the equity market and risk-return payoff dynamics have driven investor monies into arbitrage funds in the last three months. Arbitrage funds saw net inflow of 133 bln rupees in Jan-Mar, compared with a mere 10 bln rupees...

Ambuja Cements aims to up output capacity to 50 mln tn in medium term

Informist, Friday, Apr 9, 2021 KOLKATA - Ambuja Cements Ltd is targeting to reach cement production capacity of 50 mln tn through a mix of greenfield and brownfield projects and de-bottlenecking of plants. The growth plan will be executed over medium term, a statement from the company said. The company, however, did...

RBI Watch:COVID second wave's hit seen in surveys, if not growth view

Informist, Thursday, Apr 8, 2021 By Siddharth Upasani The Reserve Bank of India may not have lowered its GDP growth forecast for 2021-22 (Apr-Mar) on Wednesday, but its forward-looking surveys seemed to capture some impact on the economy from the second wave of the coronavirus. As per the March round of the Consumer...

TREND: Rally in steel producers' shares yet to run out of steam

Informist, Thursday, Apr 8, 2021 By Nikita Periwal MUMBAI - Indian steel companies have aggressively invested in expanding capacities and taking over bankrupt steelmakers over the last three to four years as they prepared to take advantage of demand outpacing supply. Companies held on to their plans even as steel prices crashed, debt...

Bharti Airtel to use spectrum sale proceeds to strengthen network

Informist, Wednesday, Apr 7, 2021 By Surbhi Prasad and Anant Chandak NEW DELHI – Bharti Airtel will use the 10.4 bln rupees from the sale of usage rights for unutilised spectrum in three circles to Reliance Jio Infocomm Ltd to strengthen its network and capital expenditure, an official from the company said. "It (proceeds) can be deployed in...

RBI Watch: CPI inflation forecast cements view rate cut cycle over

Informist, Wednesday, Apr 7, 2021 By Siddharth Upasani The inflation forecasts released today should put to bed any hopes of the Monetary Policy Committee resuming its rate cut cycle in the coming months. As per the Reserve Bank of India's revised forecasts, the current financial year will end with CPI inflation averaging above...

TREND: Profitability guidance key for tech cos post robust Jan-Mar

Informist, Wednesday, Apr 7, 2021 By Nikita Periwal MUMBAI - Indian technology companies have gone from a demand shock at the beginning of last financial year to green shoots of recovery, which later fructified into strong, sustainable demand. The COVID-19 pandemic has pushed businesses globally into digitalisation at a swifter pace, and deal...


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