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Government to oppose RBI’s new cash tool plan

The Reserve Bank of India's proposal to introduce a new liquidity tool to help manage a banking system flooded with surplus cash is facing opposition from the government.




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ACC stock gets rated ‘Buy’ by Edelweiss, says target price revised to Rs 1914

Investors in ACC have reason to cheer as volume posted double digit growth in Q2CY17, up 10% y-o-y, after a gap of >5 years and is set for ~10% jump in CY17, on low base of ~9% dip in H2CY16.




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Stressed asset purchases likely to pick up in next few months, say senior Kotak Mahindra Bank officials

Kotak Mahindra Bank on Thursday reported a surge in its first quarter net profit while maintaining the asset quality.




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For Bharat Financial, what is key to growth? BofA Merrill Lynch explains key points

Bharat Road Network, a road and highways BOT company, has priced its initial public offering (IPO), aimed at raising Rs 600 crore, in a price band of Rs 195-205.




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How farm loan waivers can hit corporate borrowing, RBI explains the math

Farm loan waivers by state governments have potential to crowd out corporate borrowing if financed through state debt issuance, the Reserve Bank of India (RBI) said in its annual report.




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As customers demands turn challenging, here is how Maruti Suzuki is looking to stay ahead

The new dealerships will be known as ARENA and will be well equipped digitally to cater to the demand of the tech savvy customers.




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India Vs Windies 2018: Kuldeep Yadav shines as India beat Windies in T20 opener

Kuldeep Yadav performed brilliantly in the first T20 against the Windies to ensure India registered a comfortable win over the visitors.




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Covering cotton yarn under MEIS will boost India’s exports: Textile industry body

To benefit the farmers with better price for raw cotton, the Centre shall also bring the cotton yarn under MEIS coverage, said the Confederation of Indian Textile Industry.




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Oil market should reach balance between supply and demand in Q1: UAE energy minister

Opec, Russia and other non-Opec producers — an alliance known as Opec+ —agreed to reduce supply by 1.2 million bpd from January 1.




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Kerala’s ‘Kole’ paddy fields must be used as prawn farms: MPEDA

Such an initiative will work effectively in the coastal state that is endowed with water bodies and enjoys high domestic demand for prawns, MPEDA chairman KS Srinivas noted here at ASCEND Kerala 2019 meet, which aims to showcase Kerala as a top-notch investment destination.




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DLF improves performance in Q3, analysts maintain ‘Buy’ with revised target price of Rs 216

Management continues to focus on liquidating Rs 12,300-crore inventory and scaling up the rental portfolio (DCCDL). We maintain earnings estimates for the erstwhile merged entity (despite demerger of DCCDL) awaiting greater clarity on adjustments/reconciliation between DLF and DCCDL numbers (post-demerger).




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Analyst Corner: Valuations of AIA Engineering will remain rich – IDFC Securities

The production is based on orders received from the customers and hence management is confident that sales despatches would pick up over the next 2-3 quarters, driving an uptick in sales and normalised inventories.




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Corporation Bank swings back in black as provisions decrease sharp 73 per cent

NII is the difference between interest earned and interest paid by a bank. The lender’s asset quality improved q-o-q with gross non-performing assets (NPA) of 17.36%, down 10 basis points over Q2FY19.




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Not so sweet! Millers’ sugar offer in lieu of FRP fails to cheer farmers

Sugarcane arrears in Maharashtra have now mounted to Rs 5,000 crore and industry sources claim the position is likely to worsen.




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Analyst corner: ‘Add’ on Thermax with a target price of Rs 1,333

Overseas subsidiary performance is expected to turn around which coupled with gradual improvement in domestic margins will enable improvement in the overall margins.




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Analyst corner: Buy Apollo Hospitals with June 2020E target of Rs 1,700

As APHS concludes its capex cycle and loss-making ventures breakeven, the stage is set for APHS to double Ebitda and reduce capex to one-third over FY19–21.




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Interview: Aim to break even in the next 18-24 months, says Fino Payments Bank EVP

Fino Payments Bank aims to break even in the next 18-24 months, executive vice president and head-products & alliances Ashish Ahuja tells Mitali Salian.




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HDFC Bank March advances rise 5%, deposits grow 17%

he bank said it has purchased loans aggregating Rs 19.24 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation, during the quarter ended March this year.




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Analyst Corner| Vedanta — Maintain ‘Buy’ with target price of Rs 175

VEDL’s H2FY19 operating numbers were mixed. Key highlights, O&G production fell 2% due to natural decline at Mangla field, though gas volumes were better; production at Zn-India was lower due to geo-technical problems at RA mine and FY19 silver volumes missed 650-700t guidance.




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Analyst Corner| Jyothi Labs — Product launches to boost volume growth

Dishwashing has been one of fastest-growing categories for JYL and we expect strong growth to continue on account of market share gains and lower overall penetration in the category.




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Lower output, price rise to hit cotton yarn margins

India’s cotton production is expected drop by over 5% in cotton season 2019 (the CS is usually from October 1, 2018, to September 30, 2019) due to low water availability and inadequate south-west monsoon in key cotton producing states and higher incidences of pest attacks.




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Gold rush: Jewellers make desperate bid to woo customers

Popley Group has launched a special edition of gold coins, which are being offered at cheaper rates, and is also selling luxury watches at a 25-50% discount.




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Cashew exporters concerned over surge in fraudulent imports of kernel

India produces 6-7 million tonne raw cashew per annum, and was till recently the leading supplier of kernels to the global markets.




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Sensex logs 5th straight loss amid earnings, trade woes

The investors sentiment was also dented by the weak results reported by some of the heavyweights; the Street chose to stay cautious ahead of results from other blue chips given the trend so far has been somewhat mixed.




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Weak exports, uncompetitive prices to hit cotton spinners, says report

With India exporting roughly one-third of its cotton yarn production every year, trends in export demand play a crucial role in determining the overall performance of the domestic spinning sector. 




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Pink bollworm attack on cotton crosses economic threshold limit in Maharashtra

Last year’s cotton sowing was estimated at 126.44 lakh hectare. Scientists say that early cotton sowing may be responsible for pink bollworm attack.




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Bankers see opportunity in MSMEs – here’s how

The extent to which banks are using data to lend to SMEs can grow dramatically as almost every bank is working towards this initiative as there is a big opportunity, said the SBI chairman.




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Avanti Feeds: Maintain ‘Buy’ with a target price of Rs 400

We note the stock price correction of 30% over the past four months offers an attractive entry price and we retain our 'Buy' rating with a DCF-based target price of Rs 400.




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Texmaco Rail: Maintain ‘Buy’ with TP of Rs 69

While we like the company’s diversified segmental presence, we moderate our order inflow and execution assumptions due to the ongoing economic slowdown and slower traction in railway EPC projects.




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Why digital OOH is the new frontier of marketing

A Nielson study has highlighted that OOH enjoys significant advantages over conventional forms of offline advertising




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How brands can provide the best customer experience

‘Share of experience’ is the new norm, and one needs to consistently make efforts towards it to survive in the modern age




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Relaxo’s Gaurav Dua on life beyond work

From Netflix to Apple, among others are some of his favourite brands




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How digital has revolutionised work from home

Digital allows to work from anywhere as long as there is a computer and a good internet connection -- half the battle is won




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Tupperware’s Deepak Chhabra on life beyond work

iPhone, Bose, Alexa are some of his favourite brands




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One on One: Building Loyalty On Mobile With Jack Philbin, CEO, Vibes

What's up with Apple Wallet?




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Pega Diary: We're Selling Change

Taking a deeper dive into how CRM is changing, and how customer engagement or experience, and AI-powered automation, are two sides of the same coin




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Inspiring Innovation: How To Motivate Creative Marketing Teams

Tips from executives on how to inspire creativity in the workplace




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Webcast Preview: Revamp Your Video Marketing In 5 Steps

Join us on June 12 as we take an in-depth look at video marketing strategy




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One on One: Rethinking CRM as Customer Engagement with Tom Libretto

Tom Libretto of Pega discusses the rapid evolution from traditional CRM to a real-time customer-centric marketing and sales environment




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4 Online Video Trends (And When To Use Them In Your Marketing)

In the rapidly-growing video marketing space, it's essential to stay ahead of emerging trends




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One on One: Connecting Global Audiences With Lilian Leong, COO, 9GAG

No potato needed




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Don’t force industry to pay wages during COVID-19 lockdown

Growth was already slowing before the corona outbreak; forcing industry to pay full wages imperils MSMEs’ survival




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Dial-A-Doctor: eSanjeevani portal for telemedicine a welcome move by govt

As more governments integrate the service—Himachal Pradesh was latest to do so, on April 21—one can expect traffic to increase.




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Post-pandemic economics: The new normal will not be very different from the old one

Idealist notions of the State overtaking the Market as the one in charge are unfounded.




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Arbitrary arbitration: Enforcing global awards is getting more complicated

“The export without permission would have violated the law, thus, enforcement of such award would be violative of the public policy of India”, the SC said.




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Why is rupee sacrosanct?

If the government were to follow FICCI’s recommendations and put out a package of 5-6% of GDP, with a focus on both the poor and the MSME sector, it is possible that the rupee may decline to, say, 85 or 90.




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Institutional challenges to migrants’ welfare

Not only has the registration of migrant workers by states been unsatisfactory, but state welfare boards’ capacities to offer assistance also varies, hampering daily wage labourers’ access to social and food security during the crisis




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Modi and the CMs take the wrong call

Likely extension of the lockdown is a bad idea; the PM and the CMs got trapped in flattening-the-curve rhetoric




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Why it is time to end Covid-19 lockdown

The lockdown has achieved its purpose. Extending it may not be worth the cost.




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A less direct approach: Amended FDI regulation is problematic under the WTO law

Amended FDI regulation is problematic under the WTO law. India should adopt a more facially neutral regulation