Next 'Ratan Tata has an extremely universal mind in the sense that he is a great patriot. His heart has always been with India, but his mind has been globally ranging in many ways and manifested in his many passions -- flying, cars, design, technical details, things about nutrition, enhancement of water, wide-ranging issues. They were more than just running business enterprises. They were about nation building.'As Ratan Naval Tata returns to helm Tata Sons for a second time, we reproduce what one of his long-time aides, R K Krishna Kumar, told Vaihayasi Pande-Daniel/Rediff.com four years ago about India’s tallest business leader.R K Krishna Kumar, 74, a director on the board of Tata Sons, a trustee on several Tata trusts and the chairman of a host of group companies, has been working with the Tatas for 50 years.A member of the Tata Administrative Service since 1963, Krishna Kumar, left, started work in the group at Tata Industries. In 1982 he joined the … [Read more...] about ‘While Ratan Tata is extremely patriotic, he loves India, and his mind is global’
Tata steel and thyssenkrupp
नई दिल्ली: मंगलवार को घरेलू शेयर बाजारों ने तेजी के साथ सत्र का आगाज किया. भारतीय बाजारों पर वैश्विक और एशियाई बाजारों की बढ़त का प्रभाव नजर आया. अमेरिका और चीन के बीच जारी … [Read more...] about सेंसेक्स टुडे | शेयर बाजार: मजबूत शुरुआत, टाटा स्टील ने दिखाई 3% की तेजी
Power, telecom and financial cos have been under maximum stress, says Ashish Gupta, Head of Equity Research, India, Financials, Asia Pacific, Credit Suisse. Excerpts from an interview with ETNOW. How much threat is there from the combination of high leverage and low interest coverage? At a time, when we are seeing an all-around slowdown, does the effect of this get compounded? Yes. This health tracker is something that we have been running for the last six-seven years and to be frank, the readings on this health tracker have been pointing to elevated stress now for multiple years. But what we have recently seen is that overall the corporate profitability growth has taken a dip. This quarter, aggregate EBITDA growth for corporate India came down to 6% and aggregate interest cover dipped further. What was disappointing was that after several quarters of stable level of stress, we saw an increase in overall stress indicator and the primary indicator we used is the number of corporates … [Read more...] about EBITDA growth for India Inc. came down to 6% this quarter: Ashish Gupta, Credit Suisse
नई दिल्ली: भूषण स्टील के शेयरों में गरुवार को बाजार खुलते ही जबर्दस्त तेजी आई. इससे कंपनी के शेयर में अपर सर्किट लग गया. कंपनी के शेयर 5 फीसदी की छलांग के साथ 26.35 रुपये के स्तर तक … [Read more...] about भूषण स्टील शेयर के शेयर में क्यों लगा अपर सर्किट?
NEW DELHI: Fertilizer stocks were trading lower in Thursday's afternoon session. Shares of Nagarjuna Fertilizers (down 4.27 per cent) , Gujarat Narmada Valley Fertilizers (down 1.86 per cent) , Mangalore Chemicals & Fertilizers (down 0.89 per cent) and Chambal Fertilisers & Chemicals (down 0.65 per cent) were the worst performers in the index. Aries Agro (down 0.39 per cent) , National Fertilizer (down 0.39 per cent) , GSFC (down 0.36 per cent) , Fertilizers & Chemicals Tranvancore (down 0.26 per cent) and Rama Phosphates (down 0.25 per cent) too were among the top losers. The NSE Nifty50 index was trading 1.60 points up at 12,044.80, while the 30share BSE Sensex was up 37.97 points at 40,888.26 at around 02:10 pm. Zee Entertainment Enterprises (up 6.22 per cent) , Larsen & Toubro (up 2.00 per cent) , Tata Consultancy Services (up 1.74 per cent) and ITC (up 1.34 per cent) were among the top gainers in the Nifty pack. On the other hand, JSW Steel (down 2.62 per … [Read more...] about Share market update: Fertilizer stocks down; Nagarjuna Fertilizers slips 4%