Ujaas Energy Ltd is targeting a market capitalization of atleast 1 billion US dollar...

 According to Statistics, the Solar Power will soon become one of the biggest contributors to India’s huge appetite for power. Solar Power will help in meeting the ever increasing power demands of our shining nation. Company is the first company to generate & sell Solar REC in the country from its solar power plant of 2 MW commissioned in March 2012 at Rajgarh (Madhya Pradesh). Now the company has the market cap of Rs 500 Cr.

Talbros Automotive is expected to increase its profit at a CAGR of ~23.9% till...

TACL is the leader in the domestic gaskets market (38%) and has been in this business for 7 decades. It has set up three JVs with world leaders, all of which support the auto sector. The company is expected to increase its profit at a CAGR of ~23.9% over next two years has entered into joint ventures with 3 international corporate. 

Ashok Leyland to invest 400-500 crore on Electric Vehicles

Ashok Leyland is looking at investing Rs 400-500 crore in its electric vehicle business over the next three to five years.“We are preparing ourselves for the electric vehicle movement that is going to happen over the next five to 10 years… it’s a question of survival… so (we will invest) at least Rs 400-500 crore over the next three to five years,” Managing Director Dasari said.

BSE Ltd is expected a total cash turnover to post 15% CAGR over FY17-20E...

NSE has market share of ~100% in the derivatives segment, and ~84% in the cash segment. BSE has been losing market share in the cash segment to NSE since 2006, but this has now stabilised in the last 3-4 years. In FY17, BSE had ~16% market share in the cash market. BSE/NSE cash turnover increased at CAGR of 5.5/13.2% over FY05 FY17 respectively. The Central Depository Services Ltd (CDSL) is the 2nd largest depository in India, with 44% market share. BSE holds 24% stake in CDSL. EBITDA has witnessed 22% CAGR over FY13-17 . CDSL revenue/EBITDA/PAT to increase at CAGR of 19/23/17% over FY17-20E.

Mutual funds growing at rate of 15 per cent: Kotak Mutual Fund

“Mutual funds are growing at a rate of 15 per cent annually in the country,” KMF National Head. The Systematic Investment Plan (SIP) is gaining immense popularity among investors. SIP has been a key focus area at KMF. Our SIP books have grown almost 10 times in the last three years. “Indian mutual fund industry is in a growth phase with investors willing to test equity mutual funds. The Systematic Investment Plan (SIP) is gaining immense popularity among investors as an efficient tool for regular and disciplined investments. With SIP, one need not worry about market volatility or timing of market,” he said.

Dilip Buildcon to sell road assets to Shrem for ₹1,600 crore

Dilip Buildcon Ltd, a Bhopal-based road developer, has announced the sale of 24 road assets of a total project value of ₹10,500 crore to the Chhatwal Group.The deal, which could emerge as one of the largest in the sector, is estimated at ₹1,600 crore.The road developer has invested a total of ₹682 crore (both in equity and debt) while ₹841.6 crore is yet to be invested.

Sebi bans Swarnabhumi Agritech India, directors from markets.

New Delhi, Nov 17 (PTI) Regulator Sebi has banned Swarnabhumi Agritech India Ltd and its four directors from the securities market for at least four years and has directed...

IT industry to achieve 11-11.5 percent compounded annual growth rate (CAGR) over the next...

A majority of IT business will come from digital transformation projects in coming years, says C P Gurnani, Managing Director (MD) and Chief Executive Officer (CEO), Tech Mahindra . Gurnani is confident that the IT industry will achieve 11-11.5 percent compounded annual growth rate (CAGR) over the next five years and will meet the 2020 revenue target of USD 225 billion.

Textile industry in india provide 21 percent employment (105 million – second largestemployment provider next...

The Economic Survey 2015-16 has stated that India has emerged as the fastest growing economy among other economies. India has become a dream market for most marketers across many products segments. In textiles and apparel specifically, domestic consumption has grown at over 13 percent per annum over the last five years, fuelled by the demographic advantages of India’s population, increasing urbanization, growing disposable income and higher marked penetration of organized retail. India’s export of textiles and apparel has also grown at over 11 percent in the last five years. The Ministry of Textiles is in the process of redrafting the new Textile Policy 2016 which is likely to offer impetus to the Industry to grow further.

Vedanta profit up 43% in Q2, Revenue up 37%.

Vedanta profit up 43% in Q2. Revenue was 21,590 crore, up 37% from a year before. " Key contracts on our announced oil& gas projects are at advanced stages of being awarded and the next two quarters will see an increased trend of protection from this business" Kulidip kaura, chief executive. Free cash flow of 3,280 crore in the September quarter Gross debt reduced by 11,466 crore to 55,798 crore.

TRIGO Boosts “Make in India” Initiative in Aerospace

TRIGO Group has started its aerospace cluster development program in cooperation with the Confederation of Indian Industry to uplift India's small and medium enterprises' quality standards and production. The goal of...

India's mobile data traffic to grow over 50% (CAGR) between 2016 – 2021:Report

Mobile data traffic in the country is expected to grow the fastest globally at 15 times by 2021, according to a report. The country also grew the most in terms of net additions in mobile subscriptions during the March quarter at over 21 million, followed by Myanmar and Indonesia with 5 million net additions each and US and Pakistan with over 3 million net additions each, the Ericsson Mobility Report said. Between 2015 and 2021, the number of IoT connected devices is expected to grow 23 percent annually, of which cellular IoT is forecast to have the highest growth rate. Of the 28 billion total devices that will be connected by 2021, close to 16 billion will be IoT devices, the report said.