Siddhartha Roy News

Khadim shares were allocated to 13 investors at Rs750 apiece, the upper end of the price band of Rs745-750 for the IPO

Khadim is looking at premiumization of its sub-brands such as British Walkers, Lazard, Cleo, Sharon and Softouch which have surpassed it in terms of revenue

Khadim India has set a price range of Rs745-750 per share for the IPO, which values it at Rs1,288-1,297 crore

In an economy where inflation is largely driven by supply shocks arising out of the food sector, monetary policy response can only contribute to the deceleration of the growth process

Keeping this in view and bearing in mind that RBI's monetary policy decides the long-term direction of the economy, there cannot be a better time than August to start the process of rate reduction

Maintaining the credibility of the monetary policymaking authority is extremely important

A combination of a 50 bps cut each in repo rate and CRR leaves neither the depositor nor the borrower high and dry

After a period of policy inaction, several measures have been initiated on the fiscal side

The marginal reduction in CRR in the monetary policy review is at best a goodwill gesture, feels Roy

Inflationary expectations decline