The whole strategy of profitable growth panning out for Arvind Fashions: Shailesh Chaturvedi

The whole strategy of profitable growth panning out for Arvind Fashions: Shailesh Chaturvedi

Shailesh Chaturvedi, MD & CEO, Arvind Fashions, says “the markets are behaving the way they were behaving in Q3 and we hope that we will continue to grow our offline channel at close to 10% growth. We have done a destocking in our B2B online wholesale business and that has led to a one-time sales … Read more

ETMarkets Fund Manager Talk: Why is this asset manager cautious on markets and recommends staggered buying?

ETMarkets Fund Manager Talk: Why is this asset manager cautious on markets and recommends staggered buying?

The gloomy global economic outlook, optimally projected earnings estimate, coupled with high quartile valuation multiples has prompted Waterfield Advisors to take a cautious stance on the Indian market. “The benchmark Nifty-50 is trading at over 20 times its 1-year forward earnings. Though this multiple appears reasonable, it is not cheap compared to other global and … Read more

Tata Chemicals’ US & Europe exports to experience margin compression next year: R Mukundan

Tata Chemicals’ US & Europe exports to experience margin compression next year: R Mukundan

R Mukundan, MD & CEO, Tata Chemicals, says “the main issue which we will face going forward next year is going to be in terms of exports where compared to the pricing which we got in the export markets, we would see at least a $100 reduction. This is mainly out of exports coming out … Read more

Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami

Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami

NH Bhansali, CEO-Finance, Strategy & Business Development, Emami, says “margins have really improved compared to the previous year and this has helped us improve on the EBITDA and the PAT by double digit despite a very low single digit growth. We feel this margin would sustain because in the past periods, there had been a … Read more

If India grows @6-7%, can ITC grow 14-15%? Here’s what Sanjiv Puri has to say

If India grows @6-7%, can ITC grow 14-15%?  Here’s what Sanjiv Puri has to say

Sanjiv Puri, CMD, ITC, says the Indian economy and even rural India has been very resilient. The infrastructure that has been created, the connectivity, focus on housing and digitisation, the direct benefit transfer and stuff like free food grain distribution are some of the very important steps taken in terms of the investment in the … Read more

Why V Anantha Nageswaran is optimistic about growth prospects of Indian economy

Why V Anantha Nageswaran is optimistic about growth prospects of Indian economy

V Anantha Nageswaran, Chief Economic Advisor, says “there is all-round development in terms of physical, digital and social infrastructure. We have great balance sheets in the corporate and the banking sector and the infrastructure is ready to support the productive potential of the economy. Plus there is investment in skilling and education of the population … Read more

Expect Q4 to be a decent quarter in terms of growth versus Q3: Ceat CFO

Expect Q4 to be a decent quarter in terms of growth versus Q3: Ceat CFO

According to CFO, Kumar Subbiah, overseas export growth is an important priority for Ceat. Exports are 18-19% of revenue share. Three years back, it used to be about 10-11%. So, in the last two or three years, Ceat took various measures to increase the share of exports on overall top line numbers. In the next … Read more

Our only concern is CASA is not growing the way the other deposits are going up: K Satyanarayana Raju, Canara Bank

Our only concern is CASA is not growing the way the other deposits are going up: K Satyanarayana Raju, Canara Bank

K Satyanarayana Raju, MD & CEO, Canara Bank, says they have grown CASA at 5.05%, but in the current quarter whatever growth they targeted for deposits, the same growth they want reflected in the CASA also, so that CASA growth year-on-year at least will touch 8% while deposits will grow at 8-8.5%. Raju further said, … Read more

There is a vertical growth in the capital market and money flow will become bigger as we go forward: Raamdeo Agrawal

There is a vertical growth in the capital market and money flow will become bigger as we go forward: Raamdeo Agrawal

Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Group, says “the capital market was extremely strong over October and November. September was very good. October was somewhat weaker. November picked up, but December was out of the charts and January is even better than December. So, momentum is picking up, as we come closer to budget … Read more

Not nibbling now, expect deeper corrections in Nifty & Sensex: Dipan Mehta

Not nibbling now,  expect deeper corrections in Nifty & Sensex: Dipan Mehta

Dipan Mehta, Director, Elixir Equities, says “I am not nibbling anywhere. I am just waiting patiently, wherever numbers are not up to expectations, trim a few holdings over there and I seriously expect that this correction could be as deep as 10-12% on the Nifty and the Sensex, who knows? We may even test the … Read more