A study conducted by the Central Pollution Control Board has brought out some startling facts. Out of the 65 cities it examined, the air quality in 60 cities was miserable. The problem of air pollution in some areas is so severe that citizens are thinking about migration. Case in point is Delhi. Nearly 35% of its residents showed their willingnessRead more
Tag Archives: India
Are satellite televisions losing their relevance in the FANG (Facebook, Amazon, Netflix and Google) world?
When the promoter group of one of India’s leading satellite broadcasting companies thinks of offloading half of its stake, it becomes a sneak peeking opportunity. As you might be aware, the news of The Essel Group divesting upto 50% of its stake in Zee Entertainment Enterprises Limited (ZEEL) has been making headlines. Usually, divestment by the promoter group is consideredRead more
An analysis of the second quarter results for FY2019 has been very encouraging. We restricted our sample to the universe of companies constituting the NSE100 index. As of today, 81 out of 100 companies have declared their results. There has been a clear increase in sales across the board. At a consolidated level, the aggregate topline of all companies hasRead more
Sri Lanka today announced plans that it would partially take over a strategic oil storage depot in Trincomalee from the Indian Oil Company’s local arm after India voted in favour of a US-sponsored resolution against Colombo at the UNHRC. There had been unconfirmed reports in the local media that the government was eying the 99-tank storage facility in the north-easternRead more
Standard & Poor’s repeats its previous stance that it may revise India’s outlook to ‘stable’ from ‘negative’ if the government implements initiatives to reduce structural fiscal deficits, improve investment climate and increase growth prospects. The comments, made in a report on Asia-Pacific Sovereign Ratings dated Wednesday, reiterate its previously stated stance. Conversely, a downgrade is likely if India’s economicRead more
Car sales in India may be on a downslide at present but the total automobile market size will triple to 9.3 million units by 2020, according to global marketing information services company JD Power. Driven by enhanced demand as the number of people with disposable income increases, the sector will grow at a compounded annual growth rate of 16Read more