BFSI dragged down the indices initially and now is recovering well on hopes that the damage to the asset quality and capital adequacy would not be as much as was feared initially. A lot of companies and banks have started to raise capital as a buffer in case they face asset-quality problems a couple of quarters down the line. This provides comfort to investors and traders. However, at the same time, one will have to be aware of the fact that credit growth is not going to revive like in FY19 or early FY20 and some dent to asset quality is likely. In such a situation what kind of valuations one is willing to give to this sector is crucial to decide. Even from among the constituents of the BFSI space, one will have to picky. Also insurance, AMC and gold-loan companies seem to be on a better wicket than lending companies. … [Read more...] about ‘We are in a bull phase but picture will get clearer after Q1 FY21 numbers’
Nri can buy agricultural land in india
To understand how leaders in India are building business resilience, the ‘Cisco Idea Lab’ series by Cisco in association with CNBC-TV18, brought together industry leaders to gather their insights on how their companies are gearing up for the new normal and battling the impact of the COVID-19 crisis; what opportunities are driving their strategies; and what leadership will look like post the pandemic. This virtual episode features an esteemed panel of guests that include Sameer Garde - President, CISCO India & SAARC, Tarun Katial – CEO, ZEE5, Kewal Handa - Chairman, Union Bank of India, B Ashok – CEO, RRPCL, and K Ganesh - Serial Entrepreneur and Promoter, Portea Medical. … [Read more...] about Leadership in the new normal—CEO’s perspective
He is married to Elizabeth Baylies and has three children. Burns has a BA in History from Boston College (1978), an MA in International Relations from the Johns Hopkins School of Advanced International Studies (1980), and also earned the Certificat Pratique de Langue Francaise at the University of Paris-Sorbonne in 1977. … [Read more...] about Who is Nicholas Burns, the man Rahul Gandhi is interviewing next?
There is a price men and women have paid for wars and for land. Today when the Black Lives Matter protests are fanning the flames to destroy systematic racism not just in America but across the world, I hope that someday we, in India will feel the heat too. A beautiful film that talks about the great divide in America is Mudbound. ‘You’re in Mississippi now,’ is such a powerful reminder that the rules have been different forever. … [Read more...] about In this lockdown, we’re writing our collective futures by understanding our past
“I had participated three times and I didn’t want to become an addict. Last time, I filled the form and forgot about it completely. My wife was taking a nap after her night shift, and when the doorbell rang, we were greeted with a brand new Lamborghini worth £195,000 (approx. Rs 1.84 crore) and a prize money of £20,000 (approx Rs 19 lakh). We are so grateful to god, as we were worried about my job prospects,” Shibu told the publication. … [Read more...] about UK-based couple from Kerala wins Lamborghini worth Rs 1.84 crore and Rs 18 lakh cash in competition