Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Hold TVS Motor Company; target of Rs 1002: East India Securities
Go ahead north east
Meanwhile, North Central Railways has claimed that Sharma underwent medical screening before boarding the train as per protocol and that neither him nor anyone else on his behalf had sought any medical assistance.(1/2)Deceased person MOHAN Lal Sharma was travelling from Jhansi to Gorakhpur in shramik special on 23.05.20. He boarded train only after medial screening as laid down for COVID_19. No medical assistance sought by him or anyone for him during entire journey. … [Read more...] about Coronavirus lockdown: Migrant labourer’s body found In Shramik train toilet
"Despite having lost some of its sheen due to regulatory headwinds over the last few years, the pharma sector has regained some of its lustre in the last couple of months, given the strong resilience being demonstrated from a demand-side perspective. It’s not surprising then, that pharma is reclaiming ground as one of the more sought after sectors by private equity these days," said Krishnakumar, Partner, Lifesciences Investment Banking at EY. … [Read more...] about Exclusive | PE firm ChrysCapital to buy out Capital International’s stake in Intas Pharmaceuticals
Higher treasury income (stake sale of Yes bank) and NIM expansion led to strong 29% sequential growth in Federal Bank’s Q4 operating profits. Higher provisions (incl. `930m Covid-related) led to a ~32% q/q decline in earnings. Asset quality and PCR improved. Ahead, higher build-up of stress would keep credit cost high and profitability subdued in the medium term. … [Read more...] about Buy Federal Bank target of Rs 55: Anand Rathi
"According to executives, Sikka's product mindset did not work for the company and eventually led to his departure. Then came Parekh’s appointment at a time the company was looking for an executive who would bring in stability," said Pareekh Jain, founder, Pareekh Consulting. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?