'Old places provide people with a sense of belonging'

NEW DELHI, Aug. 23 -- Growing up in a house built in 1906 in North Carolina, US, Tom Mayes was always drawn to old places. Little wonder, then, that he used his law degree to further the field and joi... Read More


NEW DELHI, Aug. 23 -- If there hadn't been strong parental intervention, Harsh Goenka might have ended up as a journalist or as a "red" economist. Growing up in Calcutta, as it was called then, in a ... Read More


NEW DELHI, Aug. 23 -- In 1998, when I enrolled to study English literature as an undergraduate student at a college in Kolkata, I was a naive reading enthusiast, star-struck by Arundhati Roy, whose Bo... Read More


NEW DELHI, Aug. 23 -- Indian animated features are rare enough in themselves, so a premiere at a major international festival is a huge deal. Shilpa Ranade's Goopi Gawaiyaa Bagha Bajaiyaa played at th... Read More

Britannia's Q1 FY20 results unappetizing

NEW DELHI, Aug. 23 -- Investors will find Britannia Industries Ltd's June quarter results unappetizing. True, consumer staples firms are facing a demand slowdown and, as such, expectations from the co... Read More

Apollo Hospitals profit focus is key to retaining investor interest

NEW DELHI, Aug. 23 -- Shares of Apollo Hospitals Enterprise Ltd have gained 10% since it announced its June quarter results on 13 August. With the performance reassuring investors on asset optimizati... Read More

Road developers in the dock as slow economy, liquidity crunch take a toll

NEW DELHI, Aug. 23 -- Weak order flows, the general election, slow execution and a liquidity crunch have landed infrastructure stocks in the dock. Their June quarter performances, too, disappointed in... Read More

As RBI tries a Panglossian message, NBFC investors face a harsher reality

NEW DELHI, Aug. 23 -- As messages go, Reserve Bank of India (RBI) governor Shaktikanta Das gave a Panglossian one, expressing yet again the central bank's resolve to help non-banking financial compani... Read More

Earnings downgrades, capex cuts roil prospects of an economic turnaround

NEW DELHI, Aug. 23 -- The mood on the Street is pessimistic. After June quarter results, earnings estimates of a large number of companies continue to be downgraded. In a report dated 16 August, CLSA ... Read More

PVR, Inox shares recover post RIL shock, but winter may be coming

NEW DELHI, Aug. 23 -- Shares of multiplex operators PVR Ltd and Inox Leisure Ltd are now down about 1.6% and 3.2%, respectively, after Reliance Industries Ltd's (RIL's) annual general meeting. The sto... Read More