IDFC Bank’s (IDFCB) Q1FY19 earnings exceeded estimates on lower credit cost, while revenue was in line. While erstwhile recognised stress pool remains broadly steady, IDFCB expects additional Rs 6 billion provisions on it (
MCX reported Q1FY19 PAT of mere Rs 62 million, much lower than our estimate, largely impacted by: a) exceptional item of Rs 238 million (change in valuation method of bond portfolio) and lower other income (largely treasury i
We recently met senior management of TV Today to gain insights into the company’s: 1) ad revenue potential; 2) expansion into new markets; and 3) growth trajectory for India Today (English TV news), Tez and Dilli Aaj Tak.
SIS reiterated its aim of becoming the leader across the three domestic segments, (viz. security services (SS), facility management and cash logistics (CL), stressing that it would selectively choose targets and thus consider