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Demonetisation impact on India Inc Q3 results not as bad as feared; headline profit numbers rise at a stunning 24%

Demonetisation impact on India Inc Q3 results not as bad as feared; headline profit numbers rise at a stunning 24%

While the acute scarcity of cash following demonetisation has no doubt impacted corporate earnings for the December 2016 quarter, at an overall level, the results aren’t as bad as feared.

SBI, associate banks merger set to become template for sector; ball in Narendra Modi govt court
SBI, associate banks merger set to become template for sector; ball in Narendra Modi govt court

The merger of SBI and its associates will be closely watched as it will become the template for the sector

Horoscope: By Peter Vidal

Today ( 22 Feb )This Week ( 19 Feb - 25 Feb )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more