"We have had some cancellations due to the outbreak but still the outlook for the year remains good with demand expected to outpace supply. Supply of new rooms would grow by 6 percent and demand should be more than that," he said. … [Read more...] about Indian Hotels to open one new hotel every month next year, Ginger coming up near Mumbai airport
Indian refugees
‘Coronavirus leaves opportunity for Indian cos to fill the gap left by Chinese manufacturers’
Q) Mutual fund investors confident despite weak macros and volatile equity markets which is a positive sign. Investors have pumped Rs 1.2 lakh crore into various mutual fund schemes in January. But, this time small & midcap schemes also attracted a large sum of money. Do you think the lull in small & midcaps is over?A) The Nifty Midcap index has now valuation of around 24-25 PE, which is around its long-term average valuation. It touched a heady 110 times PE in 2017. … [Read more...] about ‘Coronavirus leaves opportunity for Indian cos to fill the gap left by Chinese manufacturers’
The Indian market for online poker is a massive pot waiting to be cashed in
The world has a new favorite pastime – gaming, and the same is true for India. With the rise of gaming, the inclusion of various verticals of the digital world like virtual reality, and augmented reality, the gaming industry has established an upward curve in issuing innovative and state-of-the-art gaming platforms. More money is spent on gaming than on any other pastime! … [Read more...] about The Indian market for online poker is a massive pot waiting to be cashed in
Govt’s 70K cr boost pushes PSU banks higher; Central Bank, Indian Bank spike 6-7%
The surprise was the recapitalisation of banks that was not expected at this point in time. "We rather expected sector-specific measures, which would have been related to automotive, consumer space or so. PSBs like SBI, BOB and PNB may see some incremental improvement in their net-interest margins," said Mustafa Nadeem, CEO at Epic Research. … [Read more...] about Govt’s 70K cr boost pushes PSU banks higher; Central Bank, Indian Bank spike 6-7%
Trump says Indian tariffs probably the world’s highest
"If the deal happens with India it will be at the end of this year and if it doesn't happen then we will do something else," Trump said.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Trump says Indian tariffs probably the world’s highest
