Nomura India ECM Head Mangesh Ghogre quits
Mangesh Ghogre, the Executive Director and Head of Equity Capital Markets, Nomura India, has put in his papers. Ghogre, a seasoned investment banker with 18 years of experience, has moved to…
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Expensive valuation, margin pressure may cap Maggi-maker’s upside
NEW DELHI: Nestle India's Q1 revenue growth beat received analyst appreciation, but thanks to the rise in input cost, it failed to meet Street estimates on both bottomline and margin fronts.…
L&T Q1 preview: Profit likely to rise multifold YoY but may halve sequentially
NEW DELHI: Larsen & Toubro is likely to report a multi-fold surge in its net profit, largely on the back of a weak year-ago base. On a sequential basis, profit may actually halve,…