Aditi Nayar, Chief Economist, ICRA, says the WPI inflation may harden a little bit in the current month, somewhere in the range of 2.5% to maybe 2.8% or 3%. It will track a slightly different trend from the CPI in terms of how sequentially things are moving but they will end up converging closer together … Read more
Rushank Shah, Promoter, Hubtown, says that over the next three to four years, they are focusing on a couple of things. One of the first things they are focusing on is reducing our debt from our current levels to zero, as well as they will be using some of the existing land parcels including one … Read more
Tehmasp Printer, MD & CEO, and Eashwar Iyer, CFO, IGI (India), in conversation with ET Now. They have three verticals and are trying to get all the three verticals together as one consolidated IGI. One of the key reasons the Indian entity is getting listed is to use the IPO infusion to make acquisitions. While … Read more
Navneet Munot, CEO, HDFC Asset Management, and in conversation with ET Now at the Times Network India Economic Conclave, says there is no reason to believe that the next 30 years would not be as exciting for the market. There would surely be several quarters like this. It is not linear, that is the nature … Read more
Devendra Pant, Chief Economist, India Ratings, says food inflation is cooling off but there are two commodities which could be another source of problem for food inflation in general and your overall inflation in particular. In August ‘24, oil and fats had a deflation of 0.86% and come November it has an inflation of 13.28%. … Read more
Arvind Panagariya, Chairman, 16th Finance Commission, in conversation with ET Now at the Times Network India Economic Conclave. Panagariya says when it is said that inequality has gone up and billionaires are becoming richer and the poor are getting poorer, that gets a lot of attention, but that is really not true. Billionaires have come … Read more
Arnab Banerjee, MD & CEO, Ceat, says acquisition of this business will make Ceat’s international business contribution to cross 25%from day one and, this is EBITDA accretive and will contribute to the overall margin accretion of Ceat consolidated. OHT business will almost double in turnover post this acquisition and will be almost 23-24% of Ceat’s … Read more
Naveen Mathur, Director – Commodities, Currencies and International Business, Anand Rathi Wealth, says the overall perception is that the rupee might continue to 85 levels or so where the RBI might start intervention. They might be intervening because we have seen that the dollar reserves at the RBI in the end of September was at … Read more
Anuj Kumar, Director & CEO, CAMS, says there has been some market correction and some flattening of the mood in the last two months. But as things come back, we should be holding our projections and FY25 should be one of the strongest years in the last five-six years in the history of the company. … Read more
Sanjay Asher, Senior Partner, Crawford Bayley & Co, says there would be a legal divide between the European banks and the Middle Eastern and the Japanese banks. Having regard to the facts and circumstances, if the Japanese and the Middle Eastern banks had come to a decision to support the Adani Group, then they would … Read more