What RBI proposal for tighter project finance rules will mean for REC, PFC?

What RBI proposal for tighter project finance rules will mean for REC, PFC?

Anil Gupta, Sr VP & Co-Group Head-Financial Sector Ratings, ICRA, in conversation with ET Now on RBI proposal for tighter project finance rules. Gupta says “given the market reaction, there could be a case where maybe more clarification will emerge as to whether 5% provision requirement is on the entire under-construction portfolio of the lenders … Read more

Adani Wilmar food business should double for next 3-5 years: Angshu Mallick

Adani Wilmar food business should double for next 3-5 years: Angshu Mallick

Angshu Mallick, MD & CEO, Adani Wilmar, says going forward, as the new mustard season has just started, the new meal, oil meal, rapeseed oil meal will be available now for exports. So, the Q1 of FY25 should be better. Overall, the edible oil has been growing. This year has grown at 10%, which is … Read more

Wireless equipment, wireline offer significant opportunities of replacement: Tejas Networks management

Wireless equipment, wireline offer significant opportunities of replacement: Tejas Networks management

Anand Athreya, CEO & MD and Arnob Roy, COO & ED, Tejas Networks , in conversation with ET NOW. Though BSNL has given the biggest order, a significant amount of the order book is for other customers and for Tejas’ wireline products. The order book is mainly the business and tenders that they have won … Read more

Our aspiration is to make Persistent a $2 billion plus company in next three years: CEO

Our aspiration is to make Persistent a $2 billion plus company in next three years: CEO

Sandeep Kalra, CEO, Persistent Systems, says “as we go ahead, as the market conditions stabilise, that will give us the opportunity to have the leverage of all the investments we have done whether they are in the next generation technologies like generative AI or increased sales and marketing investments, etc, and that should help us … Read more

Investing in passive funds? Keep it simple and don’t overthink: Pratik Oswal

Investing in passive funds? Keep it simple and don’t overthink: Pratik Oswal

Pratik Oswal, Head – ETFs and Index Funds, Motilal AMC, says when it comes to passive funds, keep it very simple. There are a lot of options out there – , ETFs, index funds. Between ETFs and index funds, keep it very simple, do whatever you think is convenient, do not overthink it. When it … Read more

After GSPL, tariff cuts for GAIL also can’t be ruled out. Gajendra Singh of PNGRB explains why

After GSPL, tariff cuts for GAIL also can’t be ruled out. Gajendra Singh of PNGRB explains why

Gajendra Singh, Member, PNGRB (Petroleum & Natural Gas Regulatory Board), says PNGRB has come out with pricing revision because the companies, because of the volume growth, had made more than 12% returns Since this is a regulated entity, PNGRB is only ensuring that whatever the fine print was, if they are making returns of more … Read more

Naveen Mishra on why Gartner is optimistic about worldwide IT spending guidance

Naveen Mishra on why Gartner is optimistic about worldwide IT spending guidance

Naveen Mishra, VP, Team Manager, Gartner, says in ‘25 we anticipate CIOs would execute their Gen AI strategy and as a part of it, every service provider especially the large data centre companies are spending into servers, network etc. While you have upgraded your worldwide IT spend guidance with respect to the forecast that you … Read more

Higher gold prices to impact volume 15-20%; diamond jewellery, making charges helping margins: Senco Gold MD

Higher gold prices to impact volume 15-20%; diamond jewellery, making charges helping margins: Senco Gold MD

Suvankar Sen, MD & CEO, Senco Gold, says the endeavour of the Birla group to enter into the industry is just a signal that the industry is getting more and more organised. The story that we have been hearing over the last 5-10 years, the shift from the unorganised to organised, are the actions and … Read more

When we are double the size of our turnover today, flashlights and lighting should be more than 50%: Eveready Industries MD

When we are double the size of our turnover today, flashlights and lighting should be more than 50%: Eveready Industries MD

Suvamoy Saha, MD, Eveready Industries, says expects maximum growth from the lighting and electrical segment that they entered much later than other two segments. We remain committed to growing this vertical at a pace much faster than the rest of the company. Due to the significant price erosion, we landed up with a low level … Read more

Will take up strategic role to contribute to growth of Bandhan Group: Chandra Shekhar Ghosh, Bandhan Bank

Will take up strategic role to contribute to growth of Bandhan Group: Chandra Shekhar Ghosh, Bandhan Bank

“There are a good number of senior management people we have already boarded to the bank and they are also setting up the bank and so it is the right time, given we have a very professional team,” says Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank.What are your future plans?I need to retire and … Read more