UTILITY DEFINITION
FMCG is “passe”: Indian economy has a new definition of defensive stocks: 8 stocks from 2 sectors with upside scope of up to 37%
On the day of election results were announced and the whole stock market melted, stocks from one sector were able to gain, that was FMCG. Many theories were floated about why they are doing well. Right from them being defensive stocks to that focus would not shift from investment to consumption. But close to a month down the line, all those stocks are once again in the under performance mode. The fact is before deciding on whether the stocks are defensive or not, some questions need to be asked. A stock which was a defensive stock in 1994 when the Indian economy was just opening is still a defensive stock even in 2024 when we are a whole different economy with different needs and consumption patterns.
PSUs in these 5 sectors have a long growth runway: Siddhartha Khemka
Siddhartha Khemka of MOFSL highlights the value of PSUs like Bharat Electronics and discusses various trends including Zomato, urban and rural consumption, two-wheeler sector, shipyard names, Vodafone, and Bharti Airtel. Khemka further says: "Among the PSUs, those in the capital goods space, defence, railways, power, utilities, metals definitely have a runway of growth."
Large utility vehicles race past compact cars in growth lane
While compact SUV models - defined as per body type and ground clearance - are driving the surge in the overall passenger vehicle market on account of their larger share in absolute terms, bigger UVs are fast catching up.
Wait for M2M critical services definition likely to get longer
The telecom industry is worried that any further delay in defining critical services would lead to security implications as currently most of the M2M communications, including in power and infrastructure sectors, are happening on non-licensed spectrum with no security parameters, putting such networks at risk.
Top 10 Stools for Homes: Utility Meets Compact Designs
Stools have found different uses in our homes whether it is for utility or for show. From being used in our living rooms to having various form factors for specialized use, it is better to know what stool fits best for your house. Read the article below for some of the best stools for your home.
10 Best Hand Towels: Great Utility for your Home
Hand towels have multiple utility in our households and choosing the best from the wide variety available online can be challenging. We have compiled a list of the best hand towels with the highest ratings, best value and material along with towels from the best brands to make your choice easier.
- Go To Page 1
SUV mania: Car companies poised for bumper January sales
Maruti Suzuki and Hyundai, the leading carmakers in the country, are set to achieve their best January sales driven by strong consumer demand, particularly for SUVs. Industry estimates suggest that over 375,000 vehicles will be dispatched this month, an increase of more than 8% compared to January 2023. The share of SUVs in the domestic market is expected to grow to 52-53% this year. The preference for SUVs has led to an increase in the average selling price of passenger vehicles in India. Maruti Suzuki and Hyundai are confident about the continued demand for the rest of the quarter.
ETMarkets Smart Talk: Power utilities, PSUs could see re-rating; Defence looks overheated: Naveen Kulkarni
Naveen Kulkarni says: "Our learnings from 2023 have been to remain focused on fundamental strengths and invested in the markets. It is not very easy to enter a market at higher levels once you have missed opportunities at lower levels. Thus, time in the market continues to remain the most critical factor. Risk-taking is rewarded in the market when underlying fundamentals are seeing sharp improvement, and vice versa is also true."
ETMarkets Smart Talk: Motilal Oswal adding weight in healthcare, underweight on metals, energy, IT & utilities: Sneha Poddar
"Keeping volatility in the global markets and expensive valuation in mind, we keep our overweight view on financials, consumption, industrials, and automobiles. We are adding weight in Healthcare while remaining UW on Metals, Energy, IT, and Utilities. One needs to add quality names to their portfolio that have strong fundamentals with robust earnings outlooks in order to tide over this volatility. Also, one needs to keep valuation in mind ."
Case Studies and Practical Applications in Management Courses for Working Professionals
Case studies and practical applications are essential in management courses for working professionals. Case studies provide real-life scenarios that allow students to analyze and solve complex problems faced by businesses.
Email Marketing Management: A Guide to Courses, Career Prospects, and Skills
Email marketing is a valuable strategy for businesses to engage with their audience and build brand loyalty. It allows companies to deliver targeted content and promotions directly to subscribers' inboxes. There are various courses available for individuals interested in email marketing management, including certificate, diploma, bachelor, master, and doctorate programs. These courses cover topics such as SEO, content marketing, and site design. The average starting salary for email marketing positions ranges from Rs 3 to 8 LPA per year. However, there are currently no bachelor's or doctorate level courses specifically focused on email marketing management in India.
Telcos call for definition of critical services in machine communications segment
Telecom operators are urging the Department of Telecommunications (DoT) to define critical M2M services, which would require them to be provided using licensed spectrum and in compliance with security conditions. Top-level security is necessary for services like autonomous cars, remote surgeries, and financial transactions.
We are trimming down cyclical names, adding consumer and utility names: Ashutosh Bhargava, Nippon India Mutual Fund
“Nippon India Mutual Fund has incrementally added positions in the power sector. So utility companies, some of the lenders which are specifically into that segment and we remain constructive on the equipment side and other than the generation side. We have the equipment side and the transmission companies.”
Data Analytics: Definition, Applications, Illustrations, and More
Data analytics is the collection, transformation, and organization of data for the purpose of gaining knowledge, creating projections, and assisting with deft decision-making.
Here's why Pankaj Pandey is bullish on utilities sector
And even though the valuations look attractive, there is outlook for better ad spend by most of the end-user industries it is very difficult to build confidence in the stock at current levels.
GST Council to decide on taxation on online gaming, definition of MUVs; tighten norms for registration, ITC claims
The Indian GST Council is scheduled to discuss several matters at its upcoming meeting. These include regulating online gaming taxation, defining utility vehicles, and setting tighter rules for ITC registration claims. The price of food and beverages sold in multiplexes will also be discussed, including whether food served in cinema halls should be taxed at 5% instead of the 18% being charged by some multiplexes.
50th GST Council meet gets underway; taxation of online gaming, utility vehicles on agenda
The 50th GST Council meeting started on Tuesday and is likely to deliberate on a host of issues including taxation of online gaming, definition of utility vehicles and tightening of norms for registration and claiming of ITC. At the beginning of the meeting taking place in the national capital, Finance Minister Nirmala Sitharaman released a short film titled 'GST Council - 50 steps towards a journey'.
TCS has managed to evolve and grow with minimum disruption in the industry: outgoing CEO Rajesh Gopinathan
TCS is the secondlargest listed company. This is a public role. So, whatever you do will get scrutinised: Gopinathan
There is definitely more upside in frontline cement stocks in near term: Navin Sahadeo
So for large caps the valuations are not still like except for Shree Cement where it is extremely expensive. Other than that, I think the valuations are very much in comfort zone and if somebody is that much more value conscious to, let us say invest in UltraTech then Grasim could clearly be a good bet.
4 consumption & IT stocks to buy on dips: Hemang Jani
Valuation comfort is not present in midcap IT companies like Coforge, Persistent or Mphasis, and there is a possibility of business impact due to banks. However, in large IT names like TCS and Infosys, there is negative sentiment but the valuation comfort is good, with no risk to earnings guidance given by companies. Utilities are going up due to high dividend payout expectations and improvement in standalone refiners' profitability with the positive trend in GRM.
Better fund utilization helped to expand our NIMs: Umesh Revankar, Shriram Finance
With that the credit cost is coming down, I think it will remain steady at around 2% which is our long-term history of 2%. We are just below 2% now for the first nine months, it is around 1.94. We should be able to maintain at this level going forward for a considerable long time.
GST Council doubles limit for launching prosecution to Rs 2 cr; defines SUVs for 22 pc cess
The Council also clarified on the definition of SUVs (sports utility vehicles) for the levy of 22 per cent compensation cess over the 28 per cent GST and decided to come out with parameters to define MUVs (multi utility vehicles). Briefing reporters after the 48th GST Council meeting, Finance Minister Nirmala Sitharaman said the Council could decide on only eight out of the 15 agenda items due to paucity of time, but added that no new taxes have been brought in.
What is SUV? Understand GST council's official definition
The higher rate of 22% compensation cess applies to SUVs (sports utility vehicles) that fulfil all four criteria.
Auto sales increase by 48% year-on-year during festival season: Report
The holiday season this year ended up being the best for business in the previous four years as the trade group for auto dealers, Federation of Automobile Dealers Associations reported on Monday that the October's retail sales of automobiles in India increased by 48% on a yearly basis.
Ukraine's utilities threatened by Russia in war's new phase
This is what the latest phase of Russia's nearly 8-month-old war in Ukraine looks like. Moscow has openly declared its intention to increase strike power stations, waterworks, and other key infrastructure. One Ukrainian energy official said Wednesday that 40% of the country's electric power system had been severely damaged, and President Volodymyr Zelenskyy said that Russian forces have destroyed 30% of Ukraine's power stations since Oct. 10.
The freebies debate: Genesis, definition and impact on welfare & economy
The power of Election Commission to fight freebies has remained vague and limited. There have only been a few instances where the EC exercised its power. For instance, in 2016, it “censured” AIADMK and advised DMK to be “more circumspect”.
It's battle royale in the electric car space with the big bang entry of Mahindra and Ola Electric
Mahindra & Mahindra announced that it will launch five new electric SUVs for both domestic and international markets. The first four SUVs are expected to arrive in the market between 2024 and 2026.
Indices hit fresh highs as telecom, utilities surge
India’s stock indices closed at new record highs on Wednesday, spurred by the government’s announcement of relief measures for telecom and auto sectors.The Nifty ended up 139.45 points or 0.8% at 17,519.45 after touching an all-time intra-day high of 17,532.70.
A place of celebration: The definition of office will change in a post-Covid world
The office that you left behind is March 2020, may not be the same one you return to. Office will no longer be a place where you report, but a place for communication, collaboration and celebration.
Load More
