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DLF spells out plan to halve debt, brokerages convinced
Analysts have raised their target prices on DLF as the company's plan to pare debt in the coming quarters is likely to support the stock price. The company plans to reduce its net debt to Rs 11,000 cr in three years. #McKinsey & Company Inc. #DLF #CLSA #CompanyWatch
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Bhel gains 3% after CLSA adds stock to Asia portfolio
Shares in Bharat Heavy Electricals Ltd gained 3.3 percent after CLSA added the stock to its Asia ex-Japan long only portfolio with a 3 percent weighting. #CLSA #StockWatch #Asia portfolio
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CLSA to sell Apollo Hospitals stake for $135 mn
Hong Kong brokerage CLSA is selling its stake in Apollo Hospitals Enterprises for $135 million, a source with direct knowledge of the matter said on Wednesday. #CorporateStrategy #CLSA #stake sale #Apollo Hospitals
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CLSA sees RIL profit doubling in 5 years; shares up
Reliance Industries is likely to double its profits as the company completes its downstream expansion by 2015-16, with government approvals helping it upgrade reserves and raise production and gas price, brokerage CLSA has said #Reliance Industries #CLSA #StockWatch #ExpertView
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GDP downgrades: Can policy action prove economists wrong?
Citigroup said a policy gridlock, recent power outages, weaker exports and falling domestic consumption will take a toll on India while CLSA expected the farm sector to be stagnant. #CLSA #Citi #India Growth #ExpertVCiew
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CLSA sees turnaround in Jet too on route rationalisation
Brokerage CLSA has joined the bandwagon and upgraded Jet Airways India to "buy" from "sell", and raised its target price to Rs 500 from Rs 290 #Jet Airways #CLSA #ExpertView
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Why CLSA has dumped Tata Motors
CLSA has replaced Tata Motors with Lupin in its top 5 buy ideas, citing lack of triggers. #BSE Sensex #Tata Motors #CLSA #StockWatch
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CLSA, Deutsche, Goldman, UBS launch another round of job cuts
At least 50 people were let go in the past three weeks, a cull that includes senior expatriates as well as junior bankers. The cuts mainly target the equities business, with more layoffs expected in coming weeks. #WhyNow #CLSA #Asia #UBS #Deutsche Bank #job cuts
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CLSA: A fan of Narendra Modi and Gujarat
Even as the UPA dithers on policies at the centre, Gujarat has become the poster child for economic development in India. #Gujarat #UPA #Narendra Modi #CLSA
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Infy scare: Why the critics are crying wolf too soon
Infosys has been in the doghouse ever since it gave a weak guidance last month. Is all the criticism justified? #Infosys #CLSA #Corporate Strategy #Vida Fraud #IT Industry