Tag Archives: Are

We are always open to mergers and acquisitions: Nishant Pitti, CEO, EaseMyTrip

Having clocked profit to the tune of Rs 30 crore last year, online travel platform EaseMyTrip does not need any fresh funding, according to its CEO and founder Nishant Pitti. “We are not in a desperate need of any funding. If we want to expand, we have enough of funds and we can expand of our own. But we are always open to ... Read More »

Why are FMCG companies turning to e-commerce portals for product launches?

Be it a chocolate, chips or your favourite noodles, you will be able to find it on an e-commerce portal before it hits the supermarket shelves near you. FMCG companies are looking at exclusive tie-ups for a limited period to launch their products on e-commerce portals first before taking it to the mass markets. Last week, FMCG major ITC tied up with ... Read More »

This is not a runaway market: Quality stocks that fell in 6-8 months are up for grabs

After a sharp selloff in October 2018, domestic equity indices marked a decent recovery in the first fortnight of November 2018 mainly underpinned by a sharp decline in crude prices (20 percent down from the peak in October 2018) easing concerns over deteriorating twin deficits and stability in the Indian rupee. Renewed buying from foreign institutional investors also helped in ... Read More »

6 mistakes that small investors make when stock market is doing well, interest rates are rising

The biggest investing mistakes happen when markets are doing well. ET Wealth looks at the errors that small investors could make now. Rohit Verma is more surprised than worried when he looks at his mutual fund statement. “The markets have gone up by almost 20% in the past one year but my mutual funds are showing losses,” says the Delhi-based bank executive. Verma had ... Read More »

Why bank stocks are rallying despite dismal Q1 results

The large losses in the March quarter were seen as the final sweep towards a clean balance sheet. Graphic: Mint Banking stocks have been on the rise in the past one month with those of public sector banks gaining the most. Indeed, in some cases, investors have been more gung-ho about a recovery in banks than the bank managements. Look ... Read More »

Why business expectations are so tepid despite recovery in Indian economy

The government cannot let the recovery in the Indian economy take its own sweet time, not with the elections less than a year away. Photo: Mint The Nikkei India Composite PMI Output index, a gauge of private sector economic activity in both the manufacturing and services sectors, came in at a strong 54.2 for July, up from 52.6 in June. A ... Read More »

Stock market update: These stocks are trading among top gainers on NSE

Bajaj Finance, Sun Pharma and Tech Mahindra were among the top gainers in the Nifty index. NEW DELHI: Shares of PNB Housing Finance (up 8.64 per cent) and KEC InternationalNSE 5.34 % (up 6.06 per cent) were trading over 5 per cent higher in morning trade on Monday. HDFC and Kotak Mahindra Bank are competing for a controlling stake in PNB Housing ... Read More »

Trade and Business Bodies in J&K Are Taking on Communal Forces

The Jammu Chamber of Commerce and Industry did not support the bandh (pictured above) called by the Jammu Bar Association. Credit: PTI/File As communal tensions ferment in the Jammu region following the arrest of eight persons accused by the Jammu and Kashmir crime branch for the rape and murder of an eight-year-old Bakarwal Muslim girl, the Jammu Bar Association dominated ... Read More »

You are eligible for the PF interest even if your account has been inoperative

I recently lost my job where I was earning Rs80,000 per month. After staying unemployed for 5 months, I took up a job that is now paying me Rs50,000 per month. I have an EMI of Rs25,000 for the next 7 years. My investments are—Rs35 lakh in fixed deposits, Rs2 lakh lump sum in mutual funds and Rs5 lakh in ... Read More »

Dividends are growing — but the market’s not buying it quite yet

Zimmytws | Getty Images Markets have started the year in skittish fashion. Fears about emerging inflation in the U.S. and elsewhere has focused investor attention on the 10-year Treasury yield, the so called “risk free” rate of return. As it flirts with the 3 percent level investors are reviewing the relative return that can be wrung from equities before the ... Read More »