There is a huge headroom available for organised market to grow, says Prataap Snacks CEO

Talking to ET Now, Amit Kumat , MD & CEO, Prataap Snacks , says of the Rs 55,000 crore market in India, the organised market is only Rs 22,000 crore and there is huge scope to grow.

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via There is a huge headroom available for organised market to grow, says Prataap Snacks CEO

Won't mind growing slower if we can step up execution: R Shankar Raman, L&T

Larsen & Toubro CFO R Shankar Raman gives a score of three on 10 to demonetisation in capturing black money, says GST was a rushed exercise, and that both government actions, although good in intent, have combined to slow the business down, dry up cash flows, and make customers jittery.

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via Won't mind growing slower if we can step up execution: R Shankar Raman, L&T

Bull market may continue with 5-10% intermittent corrections: Nilesh Shah, Envision Capital

We have had some investment in areas like engineering, real estate. That is the kind of pack where we probably might want to just use this current opportunity to raise a bit of cash. We are not saying that the best is over, you are not going to see this bull market sustain for a longer term.

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via Bull market may continue with 5-10% intermittent corrections: Nilesh Shah, Envision Capital

Usha Martin eyes debt reduction through sale of wire ropes unit

KOLKATA: Usha Martin, the beleaguered steel company caught in the midst of a bitter tussle between two of its promoters, has appointed a consultant to sell wire and wire ropes business to reduce its Rs 3,300-crore debt burden.

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via Usha Martin eyes debt reduction through sale of wire ropes unit

Won't mind growing slower if we can step up execution: R Shankar Raman, L&T

Larsen & Toubro CFO R Shankar Raman gives a score of three on 10 to demonetisation in capturing black money, says GST was a rushed exercise, and that both government actions, although good in intent, have combined to slow the business down, dry up cash flows, and make customers jittery.

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via Won't mind growing slower if we can step up execution: R Shankar Raman, L&T

Razorpay looks to cash in with new pay products

BENGALURU: Online payments platform Razorpay is betting big on its new suite of payment products to boost its revenues as merchant discount rate (MDR) on debit transactions continue to remain at low levels after demonetisation in November 2016.

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via Razorpay looks to cash in with new pay products

Matrimony.com makes a weak public debut on D Street

MUMBAI: It's second time lucky for online matchmaking service provider Matrimony.com, which listed on the bourses on Thursday, becoming one of the very few internet companies to go public. Matrimony.

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via Matrimony.com makes a weak public debut on D Street