"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?
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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 Dabur India; target of Rs 492: Arihant Capital
On paper, it does not have a lock-in because it is listed on the stock exchange and anyone is free to buy or sell it. But it is designed like a ‘target maturity’ fund. In simple words, it will buy bonds that typically mature before or around the scheme's maturity (April 2025 and April 2031; the two new tranches being launched now). The two variants of Bharat Bond ETF are designed to benefit investors and give them returns commensurate to the underlying bonds in which these two instruments would invest in. But for this, it’s crucial that investors stay invested until the schemes’ maturities. In a way, Bharat Bond ETF is like a fixed maturity plan; you can exit it midway but it works best if you stay invested till maturity.Some debt funds are known to have taken credit risk. Will Bharat Bond ETF follow suit?A. … [Read more...] about Bharat Bond ETF second tranche to launch in July: All your questions answered
Symphony added that COVID-19 "has not materially impacted the business of subsidiaries particularly Climate Technologies, Australia, and IMPCO, Mexico, in the April-June 2021 quarter so far and is closely monitoring and tracking the situation and development. … [Read more...] about Symphony Ltd net profit at Rs 40 crore in March quarter; net sales at Rs 249 crore
"Collections from customers have been normal during the lockdown period and in fact better than normal in certain cases enabling the group to meet all its liabilities (including employee payables) in a timely manner and without availing any moratorium as announced by the Reserve Bank of India," it said in the filing. … [Read more...] about KEC International Q4 profit down 3% to Rs 193 crore