Telecom results will be flagged off with Reliance Jio announcing its numbers on Friday
All telecom firms to remain under stress despite tariff hike
"Nearly 90 per cent of the savings are likely to be used for deleveraging or would be retained," it said
Khan, who left Switzerland's second-biggest bank in July and began work on Tuesday at UBS, was under surveillance by private detectives hired by Credit Suisse from Sept. 4 to Sept. 17
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks most prune to "high risk" emanating from Anil Dhirubhai Ambani Group (ADAG), Cox & Kings, CG Power, and DHFL
Pressure caused by this "supermassive black hole" would seep into the foreign exchange forward, cross-currency basis and Libor-OIS markets, according to the note
Continued macro weakness in India and the sensitivity of Indonesia to adverse terms of trade limit our enthusiasm
Companies are bringing in workers on the spectrum who can do repetitive tasks for hours or who excel at pattern recognition
Mozambique in 2016 admitted to billions of dollars of undisclosed borrowing, sparking a debt crisis and leading to the arrest of government officials and international bankers
The company will drive more technology-based decision making from India with this move
Besides industrial, the brokerage is overweight on metals, energy and private banks, but underweight on the consumer goods and NBFC space
Brokerage says sector has underperformed the market the past three years, even though it has been posting good earnings growth; metals, energy, private banks are other hot sectors
Credit Suisse's website says it has offices in approximately 50 countries and lists Johannesburg as its only sub-Saharan African location
Over truffle dumplings, fried rice and hakka noodles, he tells about his journey in the investment banking business and what has led to the firm's success and how
Credit Suisse said it is aiming for a return on tangible equity of 10-11% in 2019
Financial performance of family-owned companies is also superior to that of non- family-owned peers
Despite a near 20 per cent rise in the markets in calendar year 2017 (CY17), Credit Suisse remains optimistic on the road ahead and sees no major downside, unless global cues disappoint. In its 'India Market Strategy' report released Wednesday, the global research and brokerage house expects domestic flows to remain robust thanks to improvement in financial savings and support the market on every correction. That said, Neelkanth Mishra, managing director, equity research at Credit Suisse does caution on more corporate earnings downgrades going ahead. On a calendar year-to-date (CYTD) basis, all sector except metals, Mishra says, have seen EPS cuts, with the sharpest cuts in telecom (from profit to loss), pharma (cut by 35 per cent), PSU banks (30 per cent) and discretionary (20 per cent). In this backdrop, he maintains a negative view on pharma and PSU banks."FY18 consensus EPS growth of 11 per cent is likely to settle in mid-single digits. FY19 EPS growth is currently building in ...
Brokerage has 'outperform' rating on IIFL, Edelweiss, given growth opportunity, profitability, RoE
Interview with managing director, equity research at Credit Suisse
Credit Suisse did not specify the exact amount of the new bonus package