Free & Fearless Press – Right of every Indian
The incumbent Congress-led UPA alliance has achieved a near majority; an almost best-case scenario, and should translate into: a) Stable Government for next five years; b) More reform-oriented agenda, with greater policy making flexibility; and c) More economic/results-oriented governance. A strong Government mandate should result in: a) Upward bias in growth expectations (maintain 5.5% FY10 … Read more India Equity Strategy – Post Elections
In a survey of 17 forecasters conducted by the Reserve Bank of India (RBI), the economic growth of the country is likely to expand at a rate of 5.7%-6%, slower than expected earlier in the current financial year. The survey has also predicted more rate cuts as there is an enough room for banks to … Read more RBI survey pegs economy growth below 6%
Kotak Mahindra Bank has received a clearance from the Forward Market Commission (FMC) for its proposal to invest the regional commodity bourse – Ahmedabad Commodity Exchange (ACE). However, the bank refused to divulge details about picking up stake in the regional bourse. ACE, which is being upgraded to a national level bourse, is expected to … Read more Kotak Bank gets FMC nod to invest in Ahmedabad Commodity Exchange
Overall FMCG performance in general: As per AC Neilson report, FMCG sector overall has performed very well for the March quarter in terms of pricing and volume both. Rural and urban both continue to drive the growth. There was good volume growth in laundry business and personal wash has seen a double digit growth. FMCG … Read more Hindustan Unilever Volume is down by 4% for March quarter
The Punjab and Haryana High Court issued warning against National Insurance Company (NICL) for attempting to back out from its contractual obligation of providing medical reimbursement to more than 8,00,000 beneficiaries of the Bhai Ghanya Sehat Sewa Scheme under the sponsorship of Bhai Ghanya Trust. The trust was set up by the Punjab government for … Read more National gets warning on Bhai Ghanya Sehat Sewa Scheme
Radico Khaitan, the spirits major of the country is all set to launch its super-premium brandy this month as an initiative to focus on premium-focused growth strategy. The company will launch its brand Morpheus this month which was scheduled to be launched around six to eight months ago. The brand will cost Rs 550 to … Read more Radico Khaitan’s super-premium brandy Morpheus to Hit the Shelf