Will 2020 be year of pharma sector, Infosys panel gives clean chit on whistle-blower complaint; all this and more on Moneycontrol Pro
The committee determined that there was no evidence of any financial impropriety or executive misconduct.
It has been hit on fronts such as stricter US FDA compliance rules, tighter rules and falling prices in the US generic market
The Infosys committee determined that there was no evidence of any financial impropriety or executive misconduct
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Will 2020 be the year of the pharma sector?
Over the last few years very few companies, let alone sectors, have participated in the market rally. One sector that has been all but forgotten by the market is the pharmaceuticals industry. It has been hit on fronts such as stricter US FDA compliance rules, tighter rules and falling prices in the US generic market. What should investors do? Read more.
How mild steel slabs rescued the Index of Industrial Production
Growth in the Index of Industrial Production (IIP) came in at 1.8 percent year-on-year for November 2019, according to data from the Central Statistics Office. But data shows that all 1.8 percentage points of that growth was contributed by MS slabs aka mild steel slabs. In other words, growth in the rest of industry was zero. Read more.
Tax-planning 2020: Are you saving taxes today for a messy financial future?
It’s that time of the year when we start thinking about investing in tax savings instruments. That’s all good but we tend to forget financial planning and our larger financial goals when we do our tax-planning. Most tax-saving instruments are not liquid; that’s a trade-off for tax benefits that you get on them. Read more.
Infosys Q3: Clean chit on whistle-blower complaint and healthy financials
The key takeaway from Infosys’s Q3 FY20 results does not pertain to the numbers but to the report of the audit committee that examined an anonymous whistle blower’s complaints. The committee determined that there was no evidence of any financial impropriety or executive misconduct. The numbers were good too with a small improvement in margin and upward revision of revenue guidance. What should investors do? Read more.
A high quality consumption stock which is likely to outperform
This firm is the second largest player in the kitchen appliances market and has a proven track record of growth. New product launches are propelling sales growth while increasing cooking gas penetration is expanding its market in rural areas. Its valuations appear reasonable for accumulation. Read more.
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Coronavirus outbreak cripples all major sectors in country; sharp fall in revenues, unemployment to rise in coming days
The coronavirus outbreak happened to be a major setback for hopes of a revival in beleaguered auto sector of the country, which had grappled in the red zone due to sharp fall in demand for over two quarters.
Core sector growth in negative zone for first time in 4 years: Economy is slowing, but here are four ways government can arrest slowdown
There is a likelihood that there will be some revival in the consumer spending in the next two months on account of the festive season demand, which could offer some relief to the economy.
Any index is created based on a basket of goods which exists at a point of time, which is taken to be the base year, and then is tracked either in quantity terms (IIP) or prices (WPI) over a period of time.