18 November 2019

The Ministry of Finance may hike the deposit insurance limit from the existing Rs 1 lakh, regulation on co-operative banks soon

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Finance Minister Nirmala Sitharaman on Friday said the government will bring legislations on raising insurance cover on bank deposits from the current Rs 1 lakh and regulating multi-state cooperative banks amidst a crisis in PMC Bank affecting lakhs of depositors. These legislations will be brought during the Winter Session of Parliament starting today. Nirmala Sitharaman …

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Higher prices mean gold loses its lustre for Indian buyers – The National (UAE)

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The National (UAE)                                                       Published On: November 16 More expensive products and weak consumer sentiment mean gold demand will fall to lowest level in three years, says World Gold Council …

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CERA SANITARYWARE LTD. – Initiating Coverage (BUY)

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[vc_row][vc_column][vc_column_text] We recommend ?BUY? on CERA SANITARYWARE LTD for a target of INR 3077 – valuing the company at P/E 25x of FY21E Earning. INVESTMENT RATIONALE: Largest Market Share, Deep Customer Connect and Elevated Brand Promise Robust Financial Position Wide Product Portfolio incorporating Design Excellence and Deep Technology Imprint Wide Distribution Network and Comprehensive Marketing …

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