Domestic Gas Price: Positive for user industries but dampener for production

Impact analysis on sector wise: Upstream Sector: Reduction in domestic gas price to disincentivise upstream exploration and development Power Sector: Domestic gas based cost of power generation to decline by about 11%; remains sensitive to both volatility in international gas price & INR-USD
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Growth and asset quality pressures persist although some signs of easing

Retail credit of NBFCs stood at Rs. 4.0 trillion and registered a y-o-y growth of 11.1% as December 31, 2014 against a y-o-y growth of 9.1% as on March 31, 2014. Higher growth follows a revival in the gold loan segment, which grew on a y-o-y basis by 2.8% as on December 31, 2014 against a sharp
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Infosys Q2 Results Surprise Markets Positively

During the quarter, $-revenue went up 3.2% Q/Q (+3.8% Q/Q constant currency) to $2,201 mn, above our expectations of $2,193 mn. IT Services volumes increased 3.0% Q/Q, partially offset by 0.2% Q/Q decline in pricing. BPO services remained flat to $139 mn during the quarter. This was partially
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Strides Shasun Merger is Value Accretive for Strides Shareholders

Strides Arcolab (Strides) has announced merger with Shasun Pharmaceuticals in an all-stock deal. The boards of both companies have approved the amalgamation. The closing of the deal is subject to approval of shareholders, high courts of Mumbai and Chennai and creditors of companies. The
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Is JP Associates Likely to Become Another King Fisher ?

Shares of Jaiprakash Group of companies fell sharply by as much as 25% after Reliance Power's talks to acquire Jaiprakash Power Ventures' three hydro power projects called off . Analysts said these stocks saw massive selling pressure as this latest development will put further pressure on the
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