Oil & gas companies take the shine out of India Inc’s Q2 show

Oil & gas companies take the shine out of India Inc’s Q2 show

ET Intelligence Group: Initial trends from the ongoing earnings season suggest corporate India to have posted single-digit growth in both revenue and profit for the quarter ended September 30, with a muted performance by oil and gas companies offsetting a stellar show in the financial services sector. Revenue rose 7.2% from a year earlier, the … Read more

ETMarkets Fund Manager Talk-This Rs 11,000 cr fund manager sees 5 sectors chasing smart money in near term

ETMarkets Fund Manager Talk-This Rs 11,000 cr fund manager sees 5 sectors chasing smart money in near term

MUMBAI – UTI Asset Management is bullish on five major sectors and believes that smart money is set to chase them in the near term. The fund house is overweight on the financial services sector and has major exposure to it. “India with bank credit to GDP at less than 60% and retail credit to … Read more