Exit Polls forecast massive win for Modi again, big gains in Bengal, Odisha

• Numbers derived by Republic TV-C Voter pegged the NDA tally at 287 seats against UPA’s 128
• The biggest gains for the saffron party are seen coming from West Bengal and Odisha

TCS eyes double-digit growth in FY20, says COO Subramaniam

• IT firm targets strong revenue growth in this fiscal without sacrificing its industry-leading profitability
• TCS started FY20 with a 3.6% growth rate in constant currency terms, against 2.8% in April last year

BJP poll campaign was a perfect ambush: Yogendra Yadav

Following Pulwama, what Narendra Modi’s team designed was a classic dodge, distract, derail scheme, says Yogendra Yadav

Nexus of  money, crime continues  in 2019 polls

The candidates contesting the 2019 Lok Sabha elections are richer and facing more criminal charges than the contestants of previous elections

Exit Polls 2019: BJP set to return to power, NDA tally seen at 242-336

• The bitterly-fought seven-phase general elections, stretching over 39 days, ended on May 19
• Prime Minister Narendra Modi is seen as favourite to return to power, riding on a pro-incumbency wave

Exit polls hand advantage to BJP in Karnataka edging out Congress-JD(S) alliance

• India Today, a national news channel, gave the BJP 21-25 seats while the Congress-JD(S) got only 3-6 seats
• Suvarna News, a Kannada TV news channel gave the BJP 18-20 while the Congress and JD(S) got 7-10

Exit polls project near extinction of Left front in 17th Lok Sabha

• The Communist party of India (Marxist) or CPM, which is the largest party in the Left front, has seen a massive electoral decline
• In the 2014 general elections, the party managed a win nine seats across the country

Japan’s Orix to buy out IL&FS group’s wind assets

• Orix will exercise its right under the terms of an existing pact with IL&FS
• The sale process to Orix is expected to be completed by June, subject to necessary approvals, according to the statement

In exit polls, BJP’s politics of performance is the winner

• This will be the first time a non-Congress party is retaining power, if projections hold true
• To be sure, most pollsters in 2014 underestimated the scale of the win notched up by the BJP, then the party in the opposition

Poor show by Congress could signal challenges for Rahul Gandhi

• The results will be particularly significant for the Congress as the 2019 poll is the first general election the party is contesting under the leadership of Gandhi
• In 2014, the Congress faced a historic loss, winning only 44 out of the 543 Lok Sabha seats with a vote share of only 19.3%

BJP rising in Odisha and West Bengal, say most exit poll results

• While BJP is likely to win 11-18 seats of the 42 in West Bengal, in Odisha 6-12 seats of the 21 may go to the saffron party
• Exit polls on Sunday assigned between 22 and 28 seats to TMC, down from the 34 it had won in the 2014 Lok Sabha elections

BJP may make limited inroads into south India, show exit polls

• BJP battles the image of being a north Indian party with little connection to local issues in the southern belt
• The BJP may get less than 10 seats from the southern states, apart from Karnataka

Dust settles on political row over Vidyasagar, but outrage still simmers in WB

• While Bengal is no stranger to student and political violence, the attack on its cultural legacy has angered many
• The poll narrative, however, is something Bengalis are taking with a pinch of salt

Markets may rally as polls show Modi returning to power

• Some analysts say exit poll results are better than expectations and that markets will move up by 2-3%
• According to UBS, the Nifty could move up by 5-10% if the Bharatiya Janata Party achieves a single-party majority

Opinion | Of blurry snapshots and clear pictures

It’s a BJP win, say exit polls. These are only as good as the lens through which they capture our choices, however, an imperfect expression of the popular will—like democracy itself

Dr Reddy’s Laboratories serves a bitter medicine in March quarter

• Exclude ₹180.7 cr firm got by selling the US rights for 3 derma brands, and the revenue growth drops to an unexciting 8.5%
• US revenue grew a mere 1% sequentially, despite some big product launches

Siemens’ realigned business focus is revving up order flows and margins

• To start with, order flows surged 24.6% from a year earlier to ₹3,635 crore
• Investors were evidently impressed with the news. The company’s shares gained about 5% since the results were announced on 14 May

Bajaj Auto’s market share gains aren’t resulting in profit growth

• Bajaj Auto beat competitors hands down in fiscal year 2019 with volume growth of 28.7%
• Meanwhile, valuations are rich at 19 times trailing earnings, despite dull earnings growth

Amara Raja’s margins rise but not enough to power the stock

• A year ago, the one-year forward P-E multiple was about 25 times, it has now shrunk to about 17 times forward earnings
• Analysts attribute the margin enhancement to lower lead prices

Exit Polls 2019 Tamil Nadu: DMK-Congress alliance lead the race

• According to the India Today Exit poll, the DMK-Congress alliance is likely to bag 34-38 seats, while the AIADMK 0-4 seats
• Times Now gave the Congress-DMK alliance 29 seats, while the AIADMK-BJP alliance nine

Exit Polls 2019: Cong set to sweep Kerala, BJP likely to win its first-ever seat

• Three major exit polls said the Congress was likely to win 15-16 seats out of the total 20 in Kerala
• Kerala shot to prominence this time with Congress president Rahul Gandhi contesting from Wayanad, and Sabarimala protests holding out the potential for the BJP to open its account in the state

Opinion | Hold your horses

Let’s scale those celebratory laddoo feasts back and wait for the actual election results

Sensex, Nifty set for big rally as exit polls predict majority for BJP-led NDA

• Exit poll results are better than the expectations: Motilal Oswal
• Midcap and smallcap stocks may start to outperform: Analysts

We are requesting the govt to allow Aadhaar-based KYC in insurance: Irdai chief

• Life insurance is growing at an overall CAGR of 10-12%, general at about 18%, and health insurance at about 40%
• Next revolution will be on AI and robotics; digital, biological and physical processes will get combined

Opinion | The big opportunity that Modi missed to reform the economy

The 2014 win offered the PM a chance to carry out major reforms but his shift to centre-left style populism squandered it

J&J’s largest India plant lying idle three years after completion

• The plant was completed in 2016 but has been idle ever since. The facility was expected to employ 1,500
• Demonetisation disruption hurt demand for basic consumer goods; weak rural incomes a further concern for consumer product firms

How India’s stock markets are poised ahead of election results week

• Markets love continuity and that is the reason they are rooting for a return of the current ruling party
• 'If it’s BJP, then we know obviously what the policies and how the budget will be like,' says a market strategist

Make or break situation for Jagan in Andhra Pradesh?

• YSRCP chief Y.S. Jagan Mohan Reddy, who floated the YSRCP in 2011 after leaving the Congress, emerged as the main Opposition in Andhra Pradesh post its bifurcation from Telangana in 2014
• If the YSRCP wins, it will be the first time that Jagan becomes chief minister

Why 2019 polls could bring TDP’s Naidu a new role

• For the first time in the TDP’s history, the party is on the Congress’ side, with the AP chief minister on a mission to form an anti-BJP alliance
• N Chandrababu Naidu, looking to play a role at the Centre if the UPA wins, might even vacate the chief minister’s post even if the TDP wins in the state

Some start-ups now look beyond polls to stay afloat

• For instance, the Neta app __ a politician rating app operated by Shanti Analytics __ is now planning to license its tech and take it to other countries
• There are at least 13 startups currently that provide solutions for election and campaign management to political parties

Little bit of turbulence not unusual,differences to be resolved soon: IndiGo CEO

• IndiGo CEO Ronojoy Dutta assured on behalf of Rakesh Gangwal (RG), one of the promoters, that he has no interest in taking control of IndiGo
• Dutta said there may be differences currently on certain matters but the company has a great track record of resolving issues and coming out ahead