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IPO-bound Zomato's RHP reveals recovery in operational metrics in March quarter

IPO-bound Zomato's RHP reveals recovery in operational metrics in March quarter
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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Microfinance Stocks Facing Headwinds: Report


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The traditional microfinance-joint liability group (MFI-JLG) model has been one of the very few banking, financial services and insurance (BFSI) business models which has delivered a high return (20% plus return on equity RoE) despite regulatory, political, and other impediments. The MFI segment was worth less than Rs10,000 crore in 2011 and, today, has matured to Rs2.40 lakh crore in terms of portfolio outstanding.
 
But the microfinance institutions (MFIs), might not be able to replicate their growth rates due to structural issues, as per a research report by Edelweiss Securities Ltd. 
 
The MFI business is susceptible to brief tough periods with potential to wash out returns generated earlier.  ....

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Union Budget 2021: Which are the stocks to watch


Union Budget 2021: Which are the stocks to watch
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Union Budget 2021: Which are the stocks to watch
Bloomberg / Updated: Jan 28, 2021, 13:36 IST
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NEW DELHI: India’s annual budget will be unveiled on February 1, with expectations that the government will boost spending to reboot an economy that’s forecast to contract the most this year since 1952. Here’s a guide to those stocks that may be most affected by the spending plan.
Analysts believe that tax cuts, higher capital expenditure and greater spending on infrastructure projects which tend to support low-income earners hold the key to unlocking demand for goods and service. ....

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Stocks to buy: Budget: Stocks that may get most affected by Nirmala Sitharaman's spending plan


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Previous budgets have seen Indian equity investors deterred by levies including capital gains taxes and a surcharge subsequently rolled back that especially hit foreign funds.
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With India’s S&P BSE Sensex Index trading close to a peak, there’s not much of a safety margin for stock investors.
India’s annual budget will be unveiled on February 1, with expectations that the government will boost spending to reboot an economy that’s forecast to contract the most this year since 1952. Here’s a guide to those stocks that may be most affected by the spending plan. ....

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Investors exercise caution on steel stocks on rising input costs


Investors exercise caution on steel stocks on rising input costs
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Prices of hot-rolled coil in India retreated after 19 weeks of a sustained uptick, primarily because the government had voiced concerns. (File Photo: Reuters)
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MUMBAI: A strong demand and improving realisations notwithstanding, investors have been turning cautious on steel stocks, largely because rising cost of key raw material such as iron ore and coal have led to concerns on profit margins of steel manufacturers. Tata Steel Ltd, JSW Steel Ltd, Steel Authority of India Ltd, and Jindal Steel and Power Ltd - all saw some corrections on Monday. ....

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