Special Stories

SEBI Watch: Insider trading order against Avenue Supermarts apt

Monday, Aug 3, 2020 By Rajesh Gajra The market regulator on Friday fined Avenue Supermarts, its compliance officer, and an employee for not complying with disclosure requirements under the prevention of insider trading norms. Even though the fines are small, ranging between 100,000 rupees and 300,000 rupees each, the adjudication order by the...

RBI Policy: MPC faces toughest test as external members' term ends

Monday, Aug 3, 2020 By Siddharth Upasani NEW DELHI - Thursday may well be the last time Chetan Ghate, Pami Dua, and Ravindra Dholakia vote on an interest rate decision for the Reserve Bank of India, with their four-year terms as members of the Monetary Policy Committee ending in September. Unless, of...

Cogencis Poll: Nifty 50 may lose steam in Aug as valuations frothy

Monday, Aug 3, 2020 By Apoorva Choubey MUMBAI - Indian equities are likely to take a pause in August after sharp gains over the past few weeks, as investors reassess frothy stock valuations in the backdrop of intermittent lockdowns hurting the economic recovery and possibility of global fund flows moving to economies...

INTERVIEW: NS Vishwanathan for stiff norms in any debt recast plan

Cogencis, Monday, Aug 3, 2020 By T. Bijoy Idicheriah MUMBAI - Any one-time restructuring of loans to deal with the stress caused by the coronavirus pandemic must have stringent norms to avoid mistakes of the past, says N.S. Vishwanathan, former deputy governor of the Reserve Bank of India. "When I...

RIL shares to see weakness as ability to meet expectations in focus

Cogencis, Friday, Jul 31, 2020 By Chiranjivi Chakraborty MUMBAI – Shares of Reliance Industries are likely to remain weak going ahead as the focus now shift to the company’s ability to deliver on investors “euphoric” expectations on earnings—-the outlook for which is hazy at best, said money managers. RIL’s shares...

INTERVIEW: Jindal Steel sees opportunities from anti-China stance

Friday, Jul 31, 2020 By Rituporna Ghosh and Nikita Periwal NEW DELHI/MUMBAI - Jindal Steel and Power Ltd clocked one of its highest ever sales volume in a quarter when demand slumped by more than half in the Indian steel market. The company managed this by pushing more volumes in export market. It...

TREND: Clients' focus on digitisation amid pandemic shields tech cos

Friday, Jul 31, 2020 By Nikita Periwal MUMBAI - An early assessment of the fallout from the COVID-19 pandemic was seen reversing the growth trend in Indian technology companies for the first time ever. Their resilience in the June quarter, though, is pointing to a more optimistic outcome. Even as the humanitarian and financial...

RBI Policy: Jump in CPI seen forcing MPC to stand pat on rates on Thu

Friday, Jul 31, 2020 NEW DELHI - The Reserve Bank of India's Monetary Policy Committee is expected to leave the repo rate unchanged at 4.00% on Thursday, with the jump in inflation during the lockdown leaving the committee on the verge of failing to meet its mandate. Of the 26 economists, treasurers, and...

Cogencis Poll: Gold futures seen at 51,000-55,000 rupees/10 gm Aug

Friday, Jul 31, 2020 By Roshni Devi MUMBAI – As with the tail end of July, the road for gold prices in August is seen paved with fresh record highs. The re-emergence of US-China tensions, a relentless rise in coronavirus cases, the run-up to the presidential elections in the US and a likelihood of...

EDITORIAL: Wake up, COVID-19 situation lot grimmer than projected

Friday, Jul 31, 2020 NEW DELHI – The government has been patting itself on the back for enforcing one of the most stringent lockdowns in the world to contain COVID-19. It also claimed to have managed to control the spread of the disease fairly well. The prevailing situation and data, however,...


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