Kotak forecast EBIT margin decline of 70 bps QoQ and 140 bps year-on-year (YoY). EBIT margin headwinds are from lower utilisation rate, moderate pricing pressure and operating leverage hit offset by rupee depreciation, lower travel expenses and lower variable compensation, Kotak said. … [Read more...] about Wipro Q1 Preview: Profit, revenue may fall; commentary on margin key monitorable
House financial services committee
"The new capacity expansion at Dahej (1,32,500 MTPA) with Rs 90 crore capex should strengthen its portfolio in the high-growth HPPC segment to serve its wide customer base. Customised product offering, fungible capacities and rapid finished product conversion rate remain the key differentiators for the company," said Emkay. It, too, favoured subscribing the issue. … [Read more...] about Analysts say subscribe to Rossari Biotech IPO despite high valuation, here is why
People bring up something once or twice. If it isn’t acknowledged then we’ll invariably come across an issue that’s been out there for a while. We’ll say “Oh my gosh, why didn’t we see this?” And we’ll hear back, “Oh, we did see it, but we told so-and-so and he didn’t do anything with it.” … [Read more...] about The main reasons employees don’t speak their mind at work
Trump then retweeted an April post from Woolery's podcast co-host that Fauci, director of the National Institute of Allergy and Infectious Diseases, wants to require "an ID card to go shopping." As coronavirus accelerated months ago, Fauci said it was possible the United States could in the future issue a certification of immunity. … [Read more...] about Trump takes swipes at Fauci, CDC as coronavirus cases rise
Most investors have the tendency to look at past returns before investing in a mutual fund. Schemes with high returns in the past appear attractive. But past returns have no bearing on future returns. Worse, schemes that have done well in the past may perform poorly as well. That underlines the need for setting expectations right. Is there a better way to examine past returns? … [Read more...] about How reliable is standard deviation in gauging a fund’s volatility?