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NARESH THAKKAR
Buy Info Edge (India), target price Rs 4201: Geojit Financial ServicesStrong non-IT sector hiring, healthy demand in home sales, demand revival in the Study abroad business, and the management’s continued effo...
Buy Info Edge (India), target price Rs 3265: ICICI DirectPromoters held 38.05 per cent stake in the company as of 31-Dec-2022, while FIIs owned 31.88 per cent, DIIs 16.68 per cent.
Buy Info Edge (India), target price Rs 4650: JM FinancialWhile the brokerage assumes a slowdown in recruitment billings over the next 1-2 quarters we also expect a quick rebound supported by stabl...
Buy Berger Paints, price target Rs 525: Jay ThakkarThe analyst suggested a stoploss at Rs 487.
Grant Thornton submits forensic audit to IL&FS managementThe Uday Kotak-led board of the group had appointed Grant Thornton to conduct forensic audit.
IFIN ex-CEO Bawa says LIC didn’t back Piramal’s IL&FS bidThe Piramal Group was close to take charge of the IL&FS Group in 2015 but the deal failed to take off.
Government may opt for fiscal deficit range in budget: Icra's TakkarNaresh Takkar also warned that the spending may have some inflationary impact, and the rising commodity and oil prices will only aggravate ...
Subdued bank credit growth has affected our growth: ICRAIn an interview with ET Now Naresh Thakkar, MD & Group CEO, ICRA has put forward on how subdued bank corporate credit has impacted the busi...
High Court tells Railways to adopt crowd management techniquesHC asked the Central and Western Railway authorities to adopt crowd management techniques to ensure a smooth ride for suburban railway pass...
Real estate emerges as new investment destination for banksReal estate has emerged as a hot investment destination with banks, as economy falters, prompting banks to rush to fund commercial realty.
Ratings downgrade ratio hits new high of 14.3: Centre for Monitoring Indian EconomyThough ratings agencies have downgraded only 450 companies during the month but the proportion of companies downgraded has increased.
- India Inc’s FY12 defaults highest ever
Economic slowdown coupled with pressure on profitability has pushed India Inc’s default rate to a 13-year high at 6.3% for the fiscal ended...
This year, growth might still be around 7 per cent: Naresh Thakkar, ICRA Ratings'But going by the latest IIP data, if things don't look up, we may have to further revise our growth estimates downwards.'
Power companies, discoms facing rating downgradeThis could raise the funding costs for power companies, which are already facing many obstacles such as high cost of fuel and inability to ...
- US downgrade to impact markets but not growth, say experts
Ernst and Young's India partner Ashwin Parekh said, "the US downgrade will not impact our economy badly, as our economy runs on its own cyc...
- Capital goods stocks may ride on strong IIP nos
Shares of capital goods firms are likely to gain this week, after industrial output for July exceeded estimates by a wide margin.
- Moody's lifts foreign currency deposit ratings of 14 banks
Moody’s has upgraded long-term foreign currency (FC) deposit ratings of 14 Indian banks, including the country’s largest bank State Bank of...
- Growth of core industries recovers to 5.1% in Sept
Decline in crude output notwithstanding, the growth of six core industries has recovered to 5.1 per cent in September from a dismal 2.3 per...
- Raters look beyond India’s fiscal deficit
The government’s fiscal stimulus has added 2.8 percentage points to India’s deficit and endangered its investment grade rating. But rating ...
- Growth of core industries recovers to 5.1% in Sept
Decline in crude output notwithstanding, the growth of six core industries has recovered to 5.1 per cent in September from a dismal 2.3 per...