Finally, some great news! India’s fastest-growing financial subscriptions service, Moneycontrol Pro, is available both on the website and mobile apps.
Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles and exclusive trading recommendations. In sum, all the information you need for wealth creation.
Independence Day Offer: Pay Rs 289 for 3 months and get Moneycontrol Pro for 1 year.
Use code “FREEDOM” For more information, check out the Moneycontrol website or mobile app.
Indian Hotels: Write-offs hurt June quarter numbers
Indian Hotels had a tough quarter where revenue was slightly up, margins improved but write-offs at its international business hit profits. Aggressive expansion by hotel chains could pose problems on the room supply front. But it has several factors going in its favour. Read here to see why our research analyst believes Indian Hotels is still well-positioned to capture the benefits of an upturn in the hotels industry.
No jail time for defaulting on CSR commitments. For now.
The government is taking into cognisance India Inc’s concerns on the harsh provisions in company law if a company defaults on its CSR obligations. A high-level committee report has recommended a more relaxed time period and only monetary penalties, meaning the threat of imprisonment could be removed. Read why we think it could be a temporary reprieve and why there may be no escaping the CSR noose.
A breather for the Indian rupee
Stocks and currencies rallied on Wednesday morning after news that the US will delay imposing tariffs on about $150 billion of Chinese imports till 15 December. But given US President Donald Trump’s yet unclear intentions on where the trade war is headed and the slowdown in the global economy with some countries on the cusp of a recession, this is only a breather for risk assets like the Indian rupee. Click here to read more.
Learn with MC Pro: Do big returns always mean big risks?
Traditional finance theories harp on how returns earned are commensurate with the risk undertaken. But that does not necessarily mean low volatility can be equated with low returns. Read more about how that’s possible and how investors can use this strategy to build a low volatility portfolio.
INDEPENDENCE OFFER: Moneycontrol Pro for 1 year at a price of 3 months. Use code “FREEDOM”
Get Moneycontrol Pro annual subscription at the price of three months. Now at Rs 289 only instead of Rs 999. Use code “FREEDOM”.
Updated Date: Aug 14, 2019 17:19:53 IST