01:15 19 Jun 2013 from Moneycontrol

Karvy initiates coverage on Arvind, sets target at Rs 103

Karvy has initiated coverage on Arvind with a buy recommendation. The brokerage believes Arvind’s widespread presence and plans to add 15-18 percent year-on-year retail space would leverage the company’s brands.  Based on valuations, Karvy...

12:57 19 Jun 2013 from Moneycontrol

FDI will get back FIIs; export mkt saturated: Sunil Munjal

Foreign investors have taking money off the table spooked by the depreciating rupee as it directly affects their return on investments (RoI). However, from a medium to long-term perspective, India's long-term investment appeal is still very much...