However, it is expected that Bajaj Finance and Bajaj Finserv will sail through this downturn and will be the survivors in a weak sector. Therefore, investors should consider holding these stocks in their portfolio, instead of selling, with a long term view. … [Read more...] about Sustainable rally in banking looks tough, but revival can be expected in near term: Gaurav Garg
2019 04 01
“We do not foresee any quick recovery coming in these companies post COVID and hence would recommend lightening position in these stocks except 3M India, Gillette India, and Godrej Industries. These 3 stocks can be accumulated on the decline,” he said. … [Read more...] about These lucky 7 midcaps turned largecaps in the last one year; time to buy?
A Supreme Court bench comprising of Justices Arun Mishra, S Abdul Nazeer and MR Shah heard the case. However, there is still no clarity on the question of time period to be given to telcos for repayment of their respective AGR dues. While Bharti Airtel and Vodafone Idea had sought 15 years' time for repayment of dues, the government had suggested a time-frame of 20 years. … [Read more...] about AGR Hearing Highlights | SC adjourns hearing on telcos under insolvency to August 14
PWC’s first draft report for Kotak said the bank had “all reason” to believe that receivable Rs 449 crore from 15 parties were “fictitious” as these parties had common addresses, were created on the same day, and were not found at mentioned address during physical visit. … [Read more...] about Axis Bank, Kotak Mahindra Bank allege Rs 1,204-crore fraud by Cox & Kings: Report
Shark Tank investors have heard more than 900 pitches from entrepreneurs over the past decade, but only about two dozen of them have earned seven-figure deals. A few months ago, Joe Demin and Rachel Connors made that elite club, walking away with a $1 million investment from Kind Snacks founder Daniel Lubetzky in exchange for a 25% stake in their company, Yellow Leaf Hammocks. … [Read more...] about This social enterprise’s woven hammocks are the perfect backyard addition—and look great indoors, too