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Dixon’s largest order book is in mobiles; IT hardware can be a $1 billion opportunity in next 2-3 years: Saurabh Gupta

Saurabh Gupta of Dixon Technologies foresees a $10 billion IT hardware opportunity for India. Emphasizing import substitution, a growth rate of 35-40% annually, and the importance of the PLI scheme, Dixon aims for 20-25% revenue from exports in five years.

Last year was one-two-ka-three market, don’t expect a repeat soon: book profit if overweight on equity: Nilesh Shah

Nilesh Shah of Kotak AMC advises on asset allocation, profit booking, and market expectations. He warns against chasing past returns, emphasizes long-term investment, and cautions on small and midcap stocks. Regulatory actions aim to maintain market health amidst potential corrections. He says: "If you are overweight into equity, this is time to book profit"

Coforge should close year with $1-billion signed order book for next 12 months: CEO

Coforge CEO Sudhir Singh expects to close the year with a billion-dollar signed order book, driven by large deals and sustained pipeline. The company attributes its industry-leading growth to organic growth, execution differentiation, and the ability to retain existing business while winning new deals. This year, from a demand perspective, is likely to be a repeat of last year.

In FY26, expect at least 50% growth on FY25 numbers, says Kaynes Tech CFO

Kaynes Tech expects a 40-50% growth in FY26 with semiconductor and PC board revenues. The company's order book, capacity expansion plans, and focus on addressing challenges position it for sustained growth in the future. CFO Jairam Sampath says the company needs to leapfrog into the higher-end semiconductors so that they are future-proof.

Should you book profit in certain pockets of market? This is what Prateek Agarwal has to say

Prateek Agarwal discusses the period of mid 20s growth in index earnings and advises looking at that period for knowledge. He mentions the structural shift in the equity market due to increasing per capita income. He also talks about the potential improvement in valuations of PSU stocks. Regarding Paytm, he highlights the lesson of avoiding businesses with strong regulatory oversight. Prateek shares his thoughts on the private banking space and the impact of interest rates on bank NIMs. He suggests booking profits in overheated sectors like railways, defence, and real estate due to over-exuberance.

Aman Chowhan says market volatility due to profit booking; continues to like private banks

Aman Chowhan of continues to like private banks and has added non-fund-based financials like wealth management companies to the portfolio. The recent correction in the market is seen as profit booking after strong gains in the past months. Chowhan believes that the correction is more of a technical than a fundamental reason. In terms of sector allocation, the portfolio has increased exposure to non-funded financials and remains selective on large PSU banks. The fund manager is confident that FIIs will continue to invest in India due to the country's growth potential and lack of other investment opportunities.

10 Best Indian Travel Books to Read in 2024

Do you enjoy travelling? Do you enjoy reading travelogues? Amazing! We created this post to provide you with a detailed explanation of the best travel books available in India. Find the best Indian travel guides by reading this post.

Hang in there in IT; market likely to consolidate till new year: Sunil Subramaniam

Sunil Subramaniam says: “I am optimistic that not only will the festival season numbers reflect well, the guidance in January for the next few months will also be good. The last two summers have been disappointing from a consumer discretionary perspective; hopefully this time around with the election around the consumer discretionary story will also step-up during summer.”

PSU pack getting re-rated; book profit in IREDA: Rahul Shah

“The IREDA stock has done quite well. I am sure you know about it. And I think going forward, we feel that a lot of other stocks and the entire other sectors, and especially in the financial space, looks quite promising. One should look at booking profits at this level.”

Micro banking doing well but housing book the star of the show for last quarter: Ittira Davis,Ujjivan SFB

Ujjivan Small Finance Bank CEO, Ittira Davis, expects small finance banks to grow at around 25% this year. The affordable housing sector has seen the biggest growth for Ujjivan this quarter, followed by micro banking. Davis believes the growth in the housing sector is due to the housing finance companies (HFCs) seeing an increase in demand. Ujjivan is also prepared for a higher interest rate environment, with deposits growing faster than loans. Davis expects small finance banks to grow at a stable rate of 25% this year.

EaseMyTrip gained market share in last 2 quarters; there are tailwinds from aviation also: Prashant Pitti

"I do not think there is any revenge travel anymore. This is just the new way of life. One thing Covid has taught us for the long term is that life is very fragile and the best way to live in the moment is to travel and this is what we are seeing. The average ticket volume or the average value also has increased. People are opting more for four star, five star; people are opting more for villas; people are opting more for business class travel"

IDFC First Bank’s operating profit will continue to outpace loan book growth: V Vaidyanathan

IDFC First Bank's CEO, V Vaidyanathan, has said that the bank's operating profit will continue to outpace loan book growth. For the latest quarter, IDFC's loan book grew by 24%, with its net interest income, operating profit and pre-tax profit growing by 36%, 45% and 61%, respectively. Vaidyanathan also credited the bank's strong deposit growth, which he said was attributable to the brand's "certain character" and high quality customer service.

Introducing the Best Book Sets For Kids That Promise Hours of Fun!

Kids book sets are an excellent method to pique children's interest in reading. They can assist children in learning new skills, expanding their imaginations, and having hours of fun. The most incredible book sets for kids include various genres such as stories, dramas, instructional resources, and activities. Many of the best sets have fascinating characters, pictures, and text to keep kids interested and entertained. With such a diverse range of book sets available, it's simple to discover something to suit any child's interests.

Sensex rallies over 100 points as IT stocks hold fort

Most sectoral indices were trading in the green zone with IT stocks leading the upside. LTIMindtree, Mphasis, Infosys, LTTS, Wipro and Tech Mahindra were all up around 1% each, tracking the recent upside seen in Nasdaq.

Best Books to Gift a Friend

You can’t go wrong when you are gifting someone a book. Books are one of the most meaningful gifts and relatively inexpensive to buy - especially if you know the literary taste and interests of the person to whom you are gifting. So, if you are willing to gift someone a book, below are our recommendations.

Country Inn Hotels & Resorts to expand footprint to over 12 locations in 2022

The company recently launched a brand new logo and identity, and plans to have 20 hotels in the portfolio by the end of 2023. The most recent introduction to the portfolio was Country Inn Tarika Riverside Resort, Jim Corbett, the brand’s second resort in the location.

Sweet beginnings! Katrina Kaif cooks for 'chaunka chadana' ritual, husband Vicky Kaushal calls it ‘best halwa ever’

The actress took to her Instagram stories to post a photo of a small bowl of halwa.

'Pure magic.' B-town showers newlyweds Katrina Kaif and Vicky Kaushal with congratulatory messages

The couple tied-the-knot on Thursday at a grand wedding held in Rajasthan.

Inside Katrina Kaif & Vicky Kaushal's big fat fairytale wedding: Guarded royal palace, customised Sabyasachi bridal outfits & the grand celebration

Kaif paid a homage to her husband Kaushal's Punjabi roots with her custom-trimmed veil.

This is where the Katrina-Vicky wedding will be held

The most exclusive suite in the hotel costs over Rs 5.3 lakh per night

Katrina Kaif-Vicky Kaushal wedding is a fully filmy B-town gala! KJo, Kabir Khan, Alia Bhatt & more to attend

The three-day event is speculated to be a grand event at the fort resort.

Want a destination wedding like Vicky-Kat's? Six Senses Fort Barwara, once owned by the royals, is your venue; cheapest room costs over Rs 75K per night

This beautiful 14th-century fort has been converted to become a Six Senses palace resort.

Vicky Kaushal-Katrina Kaif marriage: Six Senses Fort Barwara lit up for pre-wedding festivities