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Sumit Sharma

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Sumit Sharma is a reporter with BW

Latest Articles By Sumit Sharma

Fed’s Benign Outlook With Rate Increase Calms Markets

The Fed hike is on expected lines and the accommodative outlook is good, says economic affairs secretary Shaktikanta Das

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Crude Oil Price Plunge: What Hurts And What Helps The Indian Economy

Since Narendra Modi-led National Democratic Alliance government assumed the office at Raisina Hills, global crude oil prices have steadily declined. From about $110 per barrel then, prices of different varieties of crude oil have dropped to between $35-37 per barrel

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RCom To Sell Tower Assets To TPG, Tillman To Trim Debt

Financial analysts and industry watchers estimate the deal size could be close to Rs 22,000 crore for the tower and a few thousand crores more for other assets

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The Big Fight To Glory

Remember Dalda? It came in a yellow, round metallic tin with the name in green under picture of a palm-tree.

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Yuan Recognized As Global Major; Whither Rupee?

It is a recognition of emergence of Chinese as an undisputed global power, the decline of Europe, a potential challenge for the US and a clear shifting of global economic axis to Asia

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Government May Defer Coal India Stake Sale Plan

The government is likely to defer the disinvestment of Coal India Ltd (CIL) to the next fiscal even as it is engaging with merchant banks to remain prepared for a future sale that’s estimated to be around Rs 21,000 crore

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Q2 Earnings Subdued On Weak Demand

This is the third consecutive quarter of top line and bottom line contraction, which is more prolonged than the Lehman crises

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TeamLease Plans IPO To Fund Acquisition, Expansion

Of its Rs 150-crore IPO, venture capital funds Gaja Capital and ICICI Venture plan to reduce their holding form 42 per cent to 21 per cent

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Sun Global, ZyFin Lists India Bond ETF For Overseas Investors

Investors in Europe will be able to invest in a basket of corporate bonds through an Exchange Traded Fund (ETF) that’s got listed on the London Stock Exchange

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Steeling The Show

So, what are the odds that JSW won’t get bogged down by the China-led dumping? Aware of the ground realities, the company is making smart moves and responding to threats swiftly, something that its rivals have been slow to do.

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