Last financial year, tyre manufacturers had two probelms to grapple with: slowing volume growth from weak demand and an influx of Chinese imports. Still, they enjoyed comfortable profit margins,
By Vinod Nair, head of research, Geojit BNP Paribas Financial Services
The tyre industry enjoyed many benefits in the last five years, led by the sharp reduction in raw material cost from cheap rubber prices and stable demand from the auto
Banks had another weak quarter with high provisions for bad loans, leading to losses for most public sector banks and sharp growth deceleration for private banks in Q4.
By Asutosh Kumar Mishra, lead analyst, institutional equity (banking and NBFC), Reliance Securities
The banking sector is undergoing a historic moment as the first time in history the Reserve Bank of India (RBI) is conducting concurrent Assets Quality Review (AQR) across the banks.
The Rs 2 50 000-crore Indian auto components industry could gain momentum and register a growth of 8. 5-10 per cent in this financial year against 2
By Subrata Ray, senior group V-P, Icra Research
The passenger vehicles (45 per cent), commercial vehicles (22 per cent) and two-wheelers (22 per cent) contributed to the bulk of the auto component industry in India. The industry’s
Bajaj Hindusthan, the largest private sugar producer in the country, came under fire from sugarcane growers in Uttar Pradesh for not clearing farmers’ dues. Several other mills are also
By Sabyasachi Majumdar, senior vice-president, Icra
For the next three quarters, we estimate better year-on-year profitability for most sugar mills, driven mainly by an improving price trend seen since August 2015 and stock correction. But
India’s domestic air traffic growth has been in the double-digits for 20 consecutive months. It climbed 27
By Dhiraj Mathur, partner, PwC
The aviation market in India is among the fastest growing in the world. Driven primarily by the sustained growth of the economy (and dip in the price of aviation
Stay informed on our latest news!