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ICICI Bank is showing healthy signs of earnings normalization

[vc_row][vc_column][vc_column_text] ICICI Bank posted a robust set of numbers in the quarter ended December 2019 with two-fold jump in profit in line with Street estimates. It reported a healthy 158.4 percent year-on-year (YoY) growth in Q3FY20 profit at Rs 4,146.46 crore from Rs 1,604.91 crore in the same period last year. The Bank?s NII during …

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‘Rally could extend to mid, smallcaps in 2020, stay invested in quality names’ – Moneycontrol

[vc_row][vc_column][vc_column_text] Moneycontrol.com? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?Published On : Jan 22, 2020 By Rahul Agarwal (The author is Director at Wealth Discovery/EZ Wealth.) Going forward, the beaten down stocks in all spaces …

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Wipro delivered a largely in-line quarter, with CC revenue growth of 1.8 percent QoQ

[vc_row][vc_column][vc_column_text] Wipro registered a 3.8 percent sequential decline in consolidated profit at Rs 2,455.9 crore for the quarter ended December 2019. However, total revenue from operations grew 2.3 percent sequentially to Rs 15,470.5 crore. The company’s IT services business increased 3 percent QoQ to Rs 15,100.6 crore in Q3FY20. IT services revenue in dollar terms …

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Keep A Longer Investment Horizon For MF Wealth Creation – Outlook Money

[vc_row][vc_column][vc_column_text] Outlook Money? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?Published On: 06 January 2020 By Rahul Agarwal Mutual fund investment is perhaps the best way for passive investors to generate wealth. The right …

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SBI Cards IPO: Is it a good investment opportunity for investors?

[vc_row][vc_column][vc_column_text] The country’s largest public-sector lender State Bank of India (SBI) has filed an initial draft with Security and Exchange Board of India (Sebi) to sell up to 4 percent stake in its credit card venture, SBI Cards and Payments Services (SBI Cards). The IPO is expected to be around Rs 9,000-9,600 crore in size …

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High-profile court cases bring India?s corporate governance regimes into question – The National (UAE)

[vc_row][vc_column][vc_column_text] The National? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Published On: Jan 12, 2020 Cyrus Mistry’s ongoing battle with Tata and Uday Kotak’s dispute with Reserve Bank of …

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