Global slowdown to hurt capital goods companies

Engineering goods exports fell by 22.8% y-o-y, the second steepest fall after petroleum products. The decline in exports during the month of September has raised concerns for capital goods firms. Engineering goods exports fell by 22.8% year-on-year (y-o-y), the second... Read more

Mindtree’s record growth in Q2 should please investors

September quarter’s impressive revenue growth was also accompanied by an 80 bps improvement in operating margin. Photo: Hemant Mishra/Mint Mindtree Ltd’s shares have risen 14% in the past three months, while the CNX IT index has been more or less... Read more

You are necessary, and insufficient

Photo: iStockphoto One promise of leadership is this: We shall lead effectively and seek to become more effective. Yet developing leadership effectiveness is rarely a leadership priority. It is often relegated to a staff function that struggles for attention and... Read more

Falling prices, rising ad spends spur HUL’s volume growth in Q2

Any improvement of lasting significance in HUL’s performance looks possible only in FY17. The second half of FY16 may give hints of how that may or may not happen. Pradeep Gaur/Mint The disappointment in Hindustan Unilever Ltd’s (HUL’s) results is... Read more

Is DCB Bank the canary in the coal mine?

Krishna Merchant The lender expects margins to ease to 3.5% from 3.79% in the September quarter due to price war in all products and segments, priority sector lending and move towards calculating base rate based on marginal cost of funds.... Read more

Investors unimpressed by Zee’s stellar advertising performance

As far as advertising revenue goes, the launch of Hindi general entertainment channel &tv in the March quarter was helpful in driving growth. Zee Entertainment Enterprises Ltd’s (Zee’s) last quarter financial performance was not bad at all. In fact, its... Read more

Realty firm Sobha’s sales subdued, negatives priced into stock

Any positive news on outlook for the real estate market and the firm may lift investor confidence. Photo: Mint If one were to go by Sobha Ltd’s sales performance for the September quarter, the residential market is obviously dull. The... Read more

Steel demand weak globally, recovers in India

Steel makers would have been happier with higher international steel prices, but that looks unlikely when demand is so weak. If China is a critical variable for your forecast, make one at your own risk. The World Steel Association has... Read more

SEB restructuring: Hobson’s choice awaits banks

The risk on the stressed loan assets will reduce as the states guarantee repayments. They can set aside a lower amount of capital for such loans, which are seen to be risky. Photo: Pradeep Gaur/Mint It is happening again for... Read more

Falling global crude oil prices: How much did Indian consumers gain?

While a decline in petrol prices would impact consumers who own passenger cars, the impact of lower diesel prices would have been substantial. Photo: Pradeep Gaur/Mint Soon it will be a year since the government deregulated diesel prices. What’s more,... Read more