The government on Friday released January-March GDP figure. The Indian economy grew at 3.1 percent in the January-March quarter (Q4) of 2020, its slowest pace in at least two years. The GDP growth was recorded at 5.8% in the corresponding quarter of 2019-20. … [Read more...] about India GDP data highlights: Growth falls to 3.1%; agriculture sector grows at 5.9%
Grow well oil
We have factored in all the visible uncertainties related to Covid-19 and built a sharp recovery in FY22e volumes (after two years of high double-digit de-growth). However, we recommend 'Hold' rating due to elevated valuations with a target price of Rs 320 (20x FY22e EPS plus the value of TVS Credit at Rs 37/share). … [Read more...] about Hold TVS Motor Company; target of Rs 1002: East India Securities
In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
After the incident, Pakistan Prime Minister Imran Khan, in a tweet, said he was "shocked and saddened" by the PIA plane crash. He said rescue and relief is the priority and that an inquiry will be instituted into the incident.Shocked & saddened by the PIA crash. Am in touch with PIA CEO Arshad Malik, who has left for Karachi & with the rescue & relief teams on ground as this is the priority right now. Immediate inquiry will be instituted. Prayers & condolences go to families of the deceased. … [Read more...] about Pakistan plane crash | Here is a timeline of the major plane crashes in the country
"Markets have closed on a positive note, after a volatile day of trade, in anticipation of GDP data due out later today. Global cues also were negative, following heightened US-China diplomatic issues, which offset stimulus news and economies opening up," Vinod Nair- Head of Research at Geojit Financial Services said. … [Read more...] about Taking Stock: Volatile Friday! Nifty reclaims 9,500; Sensex rallies over 200 points