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March 19, 2018

In next 6-12 months, you will see economic recovery: Mahindra

Anand Mahindra, Chairman, Mahindra Group, is fairly optimistic that the bankruptcy code, the NCLT and the RERA mechanism are going to pay off and will lead to business consolidation. He spoke to ET Now. Edited excerpts: Nayantara Rai: These are fabulous initiatives that you guys do, ideas on how to urbanise India, new ideas for…
March 19, 2018

Bringing revenue deficit to zero far more important than fiscal deficit: Rajiv Kumar, VC, Niti Aayog

With the budget around the corner, Niti Aayog vice-chairman Rajiv Kumar told ET that the focus of the government should be on the creation of quality jobs and giving a boost to both agriculture and exports, even if this comes at the cost of breaching the 3% fiscal deficit target. Edited excerpts: What are the…
March 19, 2018

Stock pick of the week: What makes Simplex Infrastructure a good bet

Despite its third quarter performance falling below expectations, analysts continue to be bullish on Simplex Infrastructure because its numbers were good in absolute terms. Its net profit for the quarter grew 69% year on year and 12% quarter on quarter. Higher other income and lower tax incidence were the main factors that contributed to the…
March 19, 2018

5 charts show where you made money since last Union Budget

NEW DELHI: Union Budget 2018-19 is just hours away. As you wait for Finance Minister Arun Jaitley to unveil the much-awaited financial plan for the year, here’s a look at what really made you money since the last Budget. Take a look: – Largecaps that created wealth The bulls roared on Dalal Street all through…
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