Page 4 - ₹ People
Mkts may outperform after clarity on Adani issue: IIFL Securities chairman
Bad loans were increasing due to continued deleveraging by the Indian corporate sector
 "Mkts may outperform after clarity on Adani issue: IIFL Securities chairman")
Europe ops will be out of woods only in next FY: Tata Steel's T V Narendran
"Fundamentally, we believe that having fewer sites with larger capacity potential per site is better and more efficient"
 "Europe ops will be out of woods only in next FY: Tata Steel's T V Narendran")
Delay in fund raising helped improve Switch valuation: Dheeraj Hinduja
Ashok Leyland, the flagship company of the Hinduja Group and commercial vehicle major, is all set to come out with the electric versions of light commercial vehicles Bada Dost and Dost this year
 "Delay in fund raising helped improve Switch valuation: Dheeraj Hinduja")
We're looking at acquisitions but won't buy at all costs: Tata Consumer MD
In a Q&A, Sunil D'Souza talks about the company's strategy to launch more D2C brands and his outlook on demand for the company
 "We're looking at acquisitions but won't buy at all costs: Tata Consumer MD")
Our new mantra is to bring back growth: Cognizant India CMD Rajesh Nambiar
We have added advanced solution capabilities, programme management and project management capabilities and it is important for us, says Rajesh Nambiar, chairman and MD, Cognizant India
 "Our new mantra is to bring back growth: Cognizant India CMD Rajesh Nambiar")
Coffee with BS: Meet Sudha Murty, the technocrat-turned-children's writer
Murty, who was awarded the Padma Bhushan last week, tells Chintan Girish Modi why she thinks kids connect with her as a grandmother
 "Coffee with BS: Meet Sudha Murty, the technocrat-turned-children's writer")
Budget proposals don't change our long-term preferences: Abhiram Eleswarapu
'Consensus forecasts call for a 16 per cent earnings compounded annual growth through FY25, with margin expansion baked in across most sectors', said Eleswarapu
 "Budget proposals don't change our long-term preferences: Abhiram Eleswarapu")
Our becoming bank rests on regulatory intent for NBFCs: Piramal Finance MD
In a Q&A, Jairam Sridharan dwells on his company's proposed retail thrust and the challenges facing the NBFC sector
 "Our becoming bank rests on regulatory intent for NBFCs: Piramal Finance MD")
Early pivot unlikely in the face of persistent inflation: UTI AMC's Chopra
"Credit funds have performed quite well in 2022, on the back of an improving economic cycle, low-interest rates, and easing liquidity as domestic and global economies opened up"
 "Early pivot unlikely in the face of persistent inflation: UTI AMC's Chopra")
Will raise Chennai unit output to curtail waiting period: BMW's Pawah
Indian market is probably at its take-off point, says Vikram Pawah
 "Will raise Chennai unit output to curtail waiting period: BMW's Pawah")
Margins to improve by 200-250 bps next quarter: LTIMindtree CEO
In a Q&A, Debashis Chatterjee also dwells on the impact of the economic slowdown on his firm's demand outlook
 "Margins to improve by 200-250 bps next quarter: LTIMindtree CEO")
Marginal growth in demand expected in 2023: JSW Steel's Seshagiri Rao
The world economy is not growing in a robust manner so I don't expect a big turnaround in steel demand as seen in 2021, says Rao
 "Marginal growth in demand expected in 2023: JSW Steel's Seshagiri Rao")
By March, we'll be closer to pre-Covid levels: ESAF Small Finance Bank MD
Thomas says the bank expects to bring the microfinance portfolio down to 60 per cent of its book
 "By March, we'll be closer to pre-Covid levels: ESAF Small Finance Bank MD")
Adani to unlock value in airports, data centres in future, says group CFO
AEL will be investing $70 billion in incubating new businesses and at the group level we will be investing close to $107 billion in the next decade, Singh says
 "Adani to unlock value in airports, data centres in future, says group CFO")
Why economist Ashoka Mody feels India needs to rethink its priorities
The Princeton professor, Mody tells Kanika Datta, "Nehru, though an honourable man, had an Achilles heel: he knew what he wanted but did not know how to get from there to his goal"
 "Why economist Ashoka Mody feels India needs to rethink its priorities")
Facebook co-founder's investment fund closes third series at $2.1 bn
Firm will invest in financial services, healthcare tech, enterprise software space
 "Facebook co-founder's investment fund closes third series at $2.1 bn")
Plenty of scope to generate and sell carbon credits in India: IEX CMD
In a Q&A, Satyanarayan Goel, CMD of the exchange, dwells on the current and future power distribution scenario in India and his plans to set up an International Carbon Exchange
 "Plenty of scope to generate and sell carbon credits in India: IEX CMD")
Ceat is planning to invest in off-highway tyres segment: Anant Goenka
At Ceat we wanted to grow in our international business, and our OEM customers were becoming more and more exacting in their specifications, said Goenka
 "Ceat is planning to invest in off-highway tyres segment: Anant Goenka")
IT may turn the corner, banks' outperformance to continue: ABSL AMC CEO
India is likely to see broader economic growth going forward, equity should be the preferred asset class, the Aditya Birla Sun Life Asset Management Company CEO says
 "IT may turn the corner, banks' outperformance to continue: ABSL AMC CEO")
Price hike due to new BS VI norms will be within 5%: VECV CEO Aggarwal
Auto industry has 'mostly overcome' semiconductor issue, says leader of Volvo Eicher Commercial Vehicles
 "Price hike due to new BS VI norms will be within 5%: VECV CEO Aggarwal")
