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%;
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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
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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.
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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
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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
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Hostile Take Over Battle for Mangalore Chemicals Likely

In an aggressive effort to bid for the UB Group’s Mangalore Chemicals & Fertilizers (MCF) , Pune-based Deepak Fertilizers has decided to sharply increase its open-offer price to acquire additional 25% in MCF from Rs 63
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Spicejet – Will It Become Another KFA Soon?

With an estimated daily loss of Rs 2.75 cr, low-cost carrier SpiceJet is in big trouble. Spicejets cumulative losses have piled up to Rs 2,189 crore and the Kalanithi Maran-owned carrier desperately needs a big dose of
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Strong Scooter Market to Benefit Auto Component Players

The Indian Scooter market is expected to see lot of action in 2014 as this segment is witnessing strong volume growth on the back of increasing acceptance for gear less scooters by customers. Honda Motors the market
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Bhushan Steel – Another Case of Weak Corporate Governance

Shares of Bhushan Steel Ltd remained under intense selling pressure so far in the month of August after CBI arrested Neeraj Singal, Vice Chairman and Managing Director of Bhushan Steel Ltd in connection with Rs 50 lakh
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JSW Steel: Brand Royalty Payment to go Only To Promoters, is This Right?

In a move which would surely impact minority shareholders, JSW Steel the country’s third largest steel player has decided to give 0.25% of the net consolidated turnover as licence fee every year which can be further
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