[ad_1] The impact of US tariffs on Indian exports may not be a major concern, as the bigger risk lies in financial markets rather than trade, according to Neelkanth Mishra, Chief Economist at Axis Bank and Head of Global Research at Axis Capital. Mishra explained that any changes in US trade policies, particularly under a […]
Top IT stock picks: Axis Capital sees value in these largecap and midcap names – CNBC TV18
[ad_1] Axis Capital sees strong opportunities in the information technology (IT) sector, identifying select largecap and midcap stocks that could perform well in the coming years. Wipro and Infosys lead its largecap preferences. Historically, Wipro has shown strong performance in specific market cycles, particularly in 2017 and 2021, noted Manik Taneja, Executive Director- IT Services […]
Earnings stability key for market revival, says Axis Bank’s Neelkanth Mishra – CNBC TV18
[ad_1] Investor sentiment towards Indian equities remains robust despite foreign portfolio outflows, with increasing participation in the market. However, according to Neelkanth Mishra, Chief Economist at Axis Bank, a sustained market uptrend hinges on earnings stability and liquidity improvements. Speaking on the side-lines of Axis Capital India Flagship Conference, Mishra underscored the critical role of […]
Zetwerk selects banks for $500 million India IPO – CNBC TV18
[ad_1] Indian manufacturing and logistics firm Zetwerk Pvt has picked banks for a potential Mumbai initial public offering that could raise at least $500 million, according to people familiar with the matter. Company Value Change %Change The Bengaluru-based company has selected Axis Capital Ltd., Goldman Sachs Group Inc, Jefferies Financial Group Inc, JM Financial Ltd, […]
Axis Capital bets on these IT stocks – CNBC TV18
[ad_1] Manik Taneja, Executive Director for IT Services and Internet at Axis Capital, shared his top picks in the information technology (IT) sector as TCS kicked off the third-quarter earnings season on January 9. Among Tier-I companies, Taneja prefers Wipro and Infosys. Among the tier-II firms, Taneja is bullish on Zensar Technologies, Sagility India, and […]
Axis Capital favours global tech over Indian IT, here’s why – CNBC TV18
[ad_1] Manik Taneja, the Executive Director of IT Services and Internet at Axis Capital prefers global technology companies rather than Indian tech companies. Taneja said one of the main challenges for investors like Axis Capital is the high valuations of Indian IT companies, which have expanded significantly over the past three to five years and […]
Euro Pratik eyes Rs 700-1,000 crore IPO; plans to file draft papers by Dec-end – CNBC TV18
[ad_1] Euro Pratik, a prominent player in the decorative wall panel industry, is set to file draft papers with the market regulator Sebi for an initial public offering (IPO) worth ₹700-1,000 crore, sources familiar with the matter said on Thursday. Company Value Change %Change The IPO, expected to be filed by the end of the […]
Economy has clearly slowed, but expect a recovery by January: Neelkanth Mishra – CNBC TV18
[ad_1] Neelkanth Mishra, Chief Economist at Axis Bank and Head of Global Research at Axis Capital, says the economy has unmistakably slowed, but it’s seasonal. He expects a recovery by January, and advises buying private banks and capex plays. He explained that investors began shifting toward safer, “defensive” sectors like IT, consumer staples, and pharmaceuticals […]
Axis Bank clarifies SEBI ruling on ACL applies only to new merchant assignments – CNBC TV18
[ad_1] Axis Bank clarified on Friday, September 20, that the temporary restrictions placed on its wholly-owned subsidiary, Axis Capital, by the Securities and Exchange Board of India (SEBI) would not affect the bank’s core business operations. SEBI had prohibited Axis Capital Ltd (ACL) from undertaking new assignments as a debt merchant banker until further notice. […]
Sebi bars Axis Capital from taking new debt merchant banking assignments – CNBC TV18
[ad_1] Markets regulator Sebi on Thursday (September 19) restrained Axis Capital from taking up new assignments as a merchant banker for debt securities until further notice, in a case of providing guarantees for the redemption of Non-Convertible Debentures (NCDs) of Sojo Infotel. In its interim order, Sebi said, “ACL provided guarantee/indemnity towards redemption of NCDs […]