July 25: Government has made several announcements to make the land acquisitions process easier but what are the ground realities? Industry expert Pervez Umrigar says, “The pain lies in pockets of land being given. Once a contractor mobilises, it’s difficult to demobilise when they face delays.”
July 25: Swiss Cement Giant Holcim is restructuring its India business, but the market is not taking it well. In this segment of In Business, Bloomberg TV India outlines the big concerns that brokerages have raised and evaluates the structure and the impact of the deal.
July 25: Facebook’s second-quarter numbers exceeded expectations and posted a profit of $488 million. Bloomberg West's Correspondent Jon Erlichman explains the main factors that played out for the social networking giant.
July 25: The RBI measures aimed at stopping the currency fall have taken many people by surprise. In this segment, we ask R-Square Advisors Managing Partner Ajay Mahajan whether the central bank’s measures will work. He also evaluates their impact on the economy and money markets.
July 25: A senior banker has said that the RBI should have raised rates rather than just squeezing liquidity. Bloomberg TV India asks Arvind Narayanan, Executive Director and Head of Sales - Treasury & Markets at DBS India, and Ajay Mahajan, Managing Partner at R-Square Advisors, what they expect from the RBI in its next policy review on July 30.
July 25: RBI’s actions have left the Street confused about which way the interest rate trajectory is heading. “The measures are aimed at curbing the rupee fall,” says Rajat Monga, CFO of YES Bank, as he talks about whether the central bank is likely to maintain its status or hike the CRR.
July 25: Rajat Monga, CFO of YES Bank, discusses the fresh set of liquidity tightening measures by the RBI, its impact and how he is reading the situation now. “The central bank’s measures are not a CRR hike. It creates a level playing field in LAF,” he adds.
July 25: The Street has been speculating about YES Bank’s reliance on short-term borrowings for its funding requirements. YES Bank CFO Rajat Monga says, “Worries on the CD cost rising are overblown as the reliance on deposits is higher.”
July 25: YES Bank has increased its provisioning by three times. The bank’s CFO Rajat Monga explains why the bank has increased the cover so sharply and whether he anticipates more slippages. “The increased cover is only to build on our reserves,” he says.