“A depreciating rupee, weak consumer demand showing up in sluggish sales, muted wage growth, impact of turbulence in global markets are certain key factors forcing corporates to slash their Diwali gift budgets significantly,” the survey said.
Posts tagged MC
Cos plan slashing gifting budget this Diwali: ASSOCHAM (04-11-2015)
Cairn-Vedanta merger now by June 2016, says Group firm (04-11-2015)
In June, Vedanta Ltd had announced absorbing oil firm Cairn India in a USD 2.3 billion all-share deal to create India’s largest diversified natural resources firm.
Tata Steel Q2 PAT, EBITDA may tank 32%; stake sale may aid (04-11-2015)
Operating profit may decline 32.3 percent year-on-year to Rs 2,465 crore and margin may contract 190 basis points to 8.3 percent during the quarter.
Cognizant Q3 Net grows 12%, raises revenue guidance (04-11-2015)
The company raised annual revenue guidance to at least USD 12.41 billion, up at least 21 percent compared to 2014 and expects fourth quarter 2015 revenue to be at least USD 3.23 billion.
Buy Grindwell Norton; target of Rs 866: ICICIdirect (04-11-2015)
ICICIdirect is bullish on Grindwell Norton and has recommended buy rating on the stock with a target of Rs 866 in its October 30, 2015 research report.
Market positioning for Bihar outcome; IT a good hedge: Pros (04-11-2015)
With the market continuing with its downward trend, market expert Anand Tandon thinks it is positioning itself for Bihar election outcome.
Accumulate Granules India; target of Rs 174:Emkay (04-11-2015)
Emkay is bullish on Granules India and has recommended accumulate rating on the stock with a target price of Rs 174 in its research report dated November 3 , 2015.
Buy Divi’s Laboratories; target of Rs 1340: ICICIdirect (04-11-2015)
ICICIdirect’s is bullish on Divi’s Laboratories and has recommended buy rating on the stock with a target of Rs 1340 in its November 02, 2015 research report.
Bankruptcy law panel submits report, seeks new regulator (04-11-2015)
The Bankruptcy Law Reforms Committee (BLRC), headed by Dr TK Vishwanathan, today submitted its report to the Finance Ministry, in which it recommended a host of steps to streamline bankruptcy laws in the country.
Buy Adani Ports; target of Rs 351:Edelweiss (04-11-2015)
Edelweiss is bullish on Adani Ports and has recommended buy rating on the stock with a target price of Rs 351 in its research report dated November 3 , 2015.