Supreme Court order on Essar could have far reaching implications Indian markets heaved a sigh of relief when the Supreme Court on Friday adjudicated in favor of the Committee of Creditors (COC). A quick background! In the Essar resolution case, Standard Read more [...]

Telecom is too big to fail and the government needs to save it In the last few days, there has been a flurry of results from telecom companies with all of them declaring huge losses! Between Vodafone Idea, Bharti Airtel and RCOM, these 3 companies reported Read more [...]

Passive Funds in India are going great guns; here is why If you were to look at the October flows into equity funds, one thing that will hit you is the big shift to passive. Index funds and index ETFs saw flows of Rs.6,000 crore in October almost equal Read more [...]

News Announcement Impact Analysis IIP growth for September falls to a multi-year low of (-4.3%) The sharp fall in the IIP was triggered by weakness across mining, electricity and manufacturing The major lead indicator of the capital Read more [...]

The big news on Thursday was the Rs.74,000 crore write off by Vodafone and Bharti Airtel against their dues to the DOT over the AGR charges. This is likely to weigh on market sentiments on Friday. With a slowdown in Germany and in China industrial Read more [...]

Two telecom companies recorded the largest loss in Indian history. Bharti Airtel reported an Rs.23,045 crore loss for September quarter, even as Vodafone Idea reported net loss of Rs.50,922 crore in Q2. In a record for the Indian corporate sector, Bharti Read more [...]

The sharp weakness in the Indian markets on Wednesday was driven by weak growth and the prospects of higher inflation, which eventually turned out to be justified. The weak IIP numbers followed by GDP downgrade for the second quarter led to the market Read more [...]

The markets corrected sharply on Wednesday on the back of major growth concerns with most financial institutions pegging Q2 GDP growth at closer to 4.2%. Trump’s ambivalence also contributed to the weak sentiments in the market. Inflation could Read more [...]