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Retail inflation rises to 4.6% in October as food inflation spikes to 7.9% driven by higher vegetable prices. @latha_venkatesh talks to Sameer Narang of @bankofbaroda , Madan Sabnavis of Care Ratings, Indranil Pan of @IDFC_Bank & @ananthng, Professor @SPJIMR
On year-on-year (yoy) basis, the inflation was 3.21 percent in October 2018.
#2QWithCNBCTV18 | Bharti Airtel to announce its Q2 earnings tomorrow. What is the street expecting from the telecom major? @Reematendulkar & @_anishaj with the details
#DidYouKnow BRICS nations account for 23% of the global GDP #BRICS2019 #BRICS #BRICSSummit
Only five Maruti Suzuki models registered positive annual sales growth.
#CNBCTV18Exclusive | Volvo Eicher Commercial Vehicles sales fell 37% in October. Vinod Aggarwal, MD & CEO of VECV says #economy still continues to be down. He also tells @Parikshitl that from April 1, entire BS-IV inventory has to be exhausted which adds pressure
#OnCNBCTV18 | @sushilkedia, founder of @kedianomics says #Bank #Nifty looks weak & will most likely not hit new highs. He also tells @_anujsinghal & @SurabhiUpadhyay that IndusInd Bank has been a disappointment lately
#2QWithCNBCTV18 | Ayush Bagla, ED of Cera Sanitaryware says performance of co has been resilient despite weakness in economic sentiment. He also tells @_prashantnair @SumairaAbidi that he has a lot of expectations from H2FY20 after a flat H1
RBL Bank had earlier announced plans to sell shares to raise Rs 3,500 crore. @PoddarNisha #RBLBank
#2QWithCNBCTV18 | Rashesh Shah of Edelweiss Group says every project is an SPV, about 5,000 are viable but struggling to complete. He also tells @Nigel__DSouza @Reematendulkar that FY20 is going to be an exceptional year
#2QWithCNBCTV18 |Adi Godrej, Chairman of @GodrejGroup says proceeds w.r.t. Nature's Basket have been received; Nature's Basket business has been handed over to the new buyers. He also tells @PriyaSheth7 that he expects Godrej Properties to do well
#2QWithCNBCTV18 |Vinati Saraf Mutreja, MD of Vinati Organics says Q2 saw a dip in sales due to slowdown in the IBB segment. She also tells @Nigel__DSouza @Reematendulkar that she expects H2FY20 to be better than H1FY20 @sonalbhutra
#2QWithCNBCTV18 |APL Apollo Tubes reported a mixed set of numbers for Q2. Deepak Goyal, CFO of APL Apollo Tubes says organic #volume #growth is at 11% in Q2. He also tells @Nigel__DSouza @blitzkreigm that overall, value-added products will contribute 30% to topline
Mainly because of rising vegetable prices. #RetailInflation #inflation #FoodPrices #onions
#2QWithCNBCTV18 | Satish Pai, MD of Hindalco says Europe strategy for Aleris #acquisition is more focused on #aerospace biz #capabilities. He also tells @PoddarNisha that they are expecting approval for Aleris acquisition from Chinese authorities in the near term @Nigel__DSouza
#Gold prices at 3-month lows; #Platinum at 2.5 mth low; #Palladium at 1-mth low. @Manisha3005 gives a round up of all the commodity & currency market action #commodities
#2QWithCNBCTV18 |Vivek Saraogi, MD of Balrampur Chini Mills says that #realisations for Q2 are at Rs 33.50/kg. He also tells @latha_venkatesh @_anujsinghal @SurabhiUpadhyay that ISMA estimates #sugar #consumption at 26 mt for the season @Nupurkunia
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