The Board of HDFC Bank approved the sale of shares to the tune of Rs.24,000 crore. Nearly 1/3rd of this will be a placement to the parent company, HDFC, in the form of a preferential allotment. The balance will be either through placement of shares to Read more [...]

Fed Rate Hike This 25 bps could just be the beginning in a series of hikes… As the 2-day meet of the Federal Reserve concluded on Wednesday, the rate hike of 25 basis points was almost a fait accompli. Analysts and economists had long seen this coming. Read more [...]

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GDP Takeaways It may be early days to make a full year projection… The GDP for the quarter ended September 2017 came in slightly better at 6.3%. This surely looks flattering when compared to the 5.7% level touched in the June quarter. But GVA (excluding Read more [...]

The markets fell for the second day in a row on concerns over the GDP number to be announced for the 3rd quarter on November 30th. The last quarter has been excellent for corporate results with the Nifty 50 companies reporting a 12% growth in profits. Read more [...]

The TRAI on Tuesday came out openly in favour of the net neutrality by prohibiting any discrimination by a service provider purely on the basis of content. That literally rules out projects Facebook Free Basics and Airtel Zero where the intent was to Read more [...]

Major News Item Impact Analysis     Ø  The President signs ordinance to amend the Bankruptcy Bill Ø  The primary focus of the amendment will be to legally prevent the defaulters from taking control of the company Ø  Read more [...]