Railway gets some long-needed reforms, NIIT Technologies' share buyback offer receives muted response; all this and more on Moneycontrol Pro
The bane of the railway has been “departmentalism”, interdepartmental rivalry perpetuated by officers’ cadres manning them. Hence, the government decision to merge the eight cadres.
NIIT Technologies' announcement of a buyback of shares met with a muted response in the market
The hope is that the merger of eight cadres of railway will end the practice of different departments operating in silos and start taking a total view of things
Amidst the weakness in the automobile sector, auto component manufacturer Gabriel India posted a weak set of numbers for the September 2019 quarter.
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Are share buybacks going out of fashion?
NIIT Technologies’ announcement of a buyback of shares met with a muted response in the market. While the buyback’s effect may already be in the price, another reason could be that buybacks as an instrument of enhancing shareholder value have lost their charm. What could explain that? Read here for answers.
Railway gets some long-needed reforms
The bane of the railway has been “departmentalism”, interdepartmental rivalry perpetuated by officers’ cadres manning them. Hence, the government decision to merge the eight cadres. The hope is that this will end the practice of different departments operating in silos and start taking a total view of things. Read here to know how this can help the Indian Railways.
GuruSpeak — Rahul Kohli | An IT consultant who became an option trader
Rahul Kohli, an IT consultant for 20 years, has travelled the world and worked with numerous clients and is one such trader who gained success in a short time. He used his management skills to crack the trading code in a short period. Read here about his journey.
Weekly Tactical Pick – SBI
Our tactical stock pick this week is State Bank of India (SBI). A big turnaround in profits is around the corner for the country’s largest bank in the current financial year. Read more.
Gabriel India: Challenges persist, attractive for long-term
Amidst the weakness in the automobile sector, auto component manufacturer Gabriel India posted a weak set of numbers for the September 2019 quarter. Still, our research analyst is confident in the company. Why? Read here.
Picks from our technical analysts (Please click on security name to access recos)
Two planes in India — a Spicejet one bound for Delhi and an Indigo flight — were struck by bird hits on Sunday and had to be grounded. As per International Civil Aviation Organization data, airlines face an average of 34 such strikes in a day, amounting to a loss of around $1 billion annually
Delhi-bound IndiGo flight returns to Guwahati after bird hit; 3 incidents of emergency landing in a day reported
IndiGo Airbus A320neo (VT-ITB) returned to Guwahati airport, due to a suspected bird hit after takeoff. It was flying from Guwahati to Delhi
The airline is investigating the incident under DGCA's "unruly flyer" regulations, which allow the airline concerned to deem a passenger's behaviour as unruly and ban the individual from flight for a specific period of time