Latest news with #Gulati
Economic Times
2 minutes ago
- Business
- Economic Times
High US tariff comes 'shocking'; to hit India's shrimp exports: Agri-economist Ashok Gulati
India's seafood exports, especially shrimps, will be "severely" impacted due to the imposition of higher US tariff of 25 per cent plus penalty to be effective from August 1, agri-economist Ashok Gulati said on Wednesday. US President Donald Trump's decision to impose higher tariff on all Indian goods is "very bad" and "shocking", Gulati said, adding that he had expected a tariff of only 10-15 per cent. "This clearly shows Trump is unpredictable and punitive," he told PTI. Gulati said the move will "severely impact" the country's shrimp exports and Equador with lower tariff and closer geographical location to America will gain. Apart from shrimp exports, India will see the impact of higher US tariff on textiles. "The huge advantage we gain with India-UK free trade deal will get neutralised with the high US tariffs," he added. India's shrimp exports in the 2024-25 reached a value of approximately USD 4.88 billion, accounting for 66 per cent of the total seafood exports. The US and China remain the top markets for Indian shrimp, with the US taking nearly half of the export volume for raw shrimp varieties.
Time of India
35 minutes ago
- Business
- Time of India
High US tariff comes 'shocking'; to hit India's shrimp exports: Agri-economist Ashok Gulati
India's seafood exports, especially shrimps, will be "severely" impacted due to the imposition of higher US tariff of 25 per cent plus penalty to be effective from August 1, agri-economist Ashok Gulati said on Wednesday. US President Donald Trump 's decision to impose higher tariff on all Indian goods is "very bad" and "shocking", Gulati said, adding that he had expected a tariff of only 10-15 per cent. Explore courses from Top Institutes in Please select course: Select a Course Category CXO Public Policy Data Science Finance Management Cybersecurity MBA PGDM Data Science Project Management Leadership Degree healthcare Design Thinking others Healthcare Others Operations Management Digital Marketing Data Analytics Technology Product Management Artificial Intelligence Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details "This clearly shows Trump is unpredictable and punitive," he told PTI. Gulati said the move will "severely impact" the country's shrimp exports and Equador with lower tariff and closer geographical location to America will gain. Apart from shrimp exports, India will see the impact of higher US tariff on textiles. Live Events "The huge advantage we gain with India-UK free trade deal will get neutralised with the high US tariffs," he added. India's shrimp exports in the 2024-25 reached a value of approximately USD 4.88 billion, accounting for 66 per cent of the total seafood exports. The US and China remain the top markets for Indian shrimp, with the US taking nearly half of the export volume for raw shrimp varieties.
Mint
6 days ago
- Business
- Mint
IPO GMPs: Brigade Hotel Ventures IPO vs IndiQube Spaces IPO vs GNG Electronics IPO — What grey market hints at?
This week is lively with IPO activities, as GNG Electronics IPO, Indiqube Spaces IPO, and Brigade Hotel Ventures IPO have already entered the Indian stock market, while Shanti Gold International IPO is scheduled to enter the primary market tomorrow, Friday, July 25. The GNG Electronics IPO and Indiqube Spaces IPO have both achieved full subscriptions on their second day, whereas Brigade Hotel Ventures IPO has not yet reached that milestone on its first day. Mohit Gulati, the CIO and managing partner of ITI Growth Opportunities Fund, said that in comparing the GNG Electronics, Indiqube Spaces, and Brigade Hotel Ventures IPOs, retail investors face a challenging decision amid shifting Indian macroeconomic conditions. Although GNG Electronics shows initial subscription strength, its stretched valuations and working capital concerns raise red flags. Indiqube Spaces presents a high-growth narrative in flexible workspaces but remains loss-making with limited retail allocation, increasing its risk profile. Brigade Hotel Ventures, backed by stable hospitality assets, offers relative defensiveness though the sector is cyclical and currently under pressure. Gulati believes that given ongoing inflationary pressures, slowing economic growth, and reduced market depth, the risk-reward ratio for subscribing to these IPOs has worsened significantly. The current environment does not favor aggressive investments in highly valued or early-stage issues. 'While the broader Indian IPO market shows resilience and a strong pipeline, retail investors should exercise caution and prefer a selective, wait-and-watch approach until macro conditions stabilize and liquidity improves. Ultimately, none of these IPOs stand out as a clear winner for retail subscription under prevailing market dynamics,' advised Mohit Gulati. Let's take a look at the grey market premium trends: IndiQube Spaces IPO grey market premium is +14. This indicates IndiQube Spaces share price is trading at a premium of ₹ 14 in the grey market, according to Considering the upper end of the IndiQube Spaces IPO price band and the current premium in the grey market, the estimated listing price of IndiQube Spaces share price is indicated at ₹ 251 apiece, which is 5.91% higher than the IPO price of ₹ 237. Analysing the grey market activities from the last eight sessions, the current GMP ( ₹ 14) indicates a trend towards decline. The lowest GMP recorded is ₹ 0.00, and the highest is ₹ 40, as per insights from experts. GNG Electronics IPO grey market premium is +100. This indicates GNG Electronics share price is trading at a premium of ₹ 100 in the grey market, according to Considering the upper end of the GNG Electronics IPO price band and the current premium in the grey market, the estimated listing price of GNG Electronics shares is ₹ 337 apiece, which is 42.19% higher than the IPO price of ₹ 237. Following the last seven sessions of grey market activities, the current IPO GMP is showing an upward trend, indicating a robust listing anticipated. The minimum GMP recorded is ₹ 71.00, whereas the maximum GMP is ₹ 105, as per insights from experts. Brigade Hotel IPO GMP is +8. This indicates Brigade Hotel Ventures share price is trading at a premium of ₹ 8 in the grey market, according to Considering the upper end of the Brigade Hotel IPO price band and the current premium in the grey market, the estimated listing price of Brigade Hotel Ventures share price is indicated at ₹ 98 apiece, which is 8.89% higher than the IPO price of ₹ 90. According to the grey market activities observed over the last seven sessions, the current GMP ( ₹ 8) indicates a trend toward declining values. The lowest GMP recorded is ₹ 0.00, while the highest stands at ₹ 17, as per experts from 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
Time of India
23-07-2025
- Business
- Time of India
Actress-turned-CEO explains why she paid employees less. Internet calls out her ‘entitlement.' Who is Parul Gulati?
Actress-turned-entrepreneur Parul Gulati became a laughingstock on the popular subreddit Indian Workplace when she boasted about allowing employees to dine at the same table as her. In an interview, Gulati spoke at length on how she had learned to pay her employees in money rather than do them favours. She admitted that earlier she used to pay less and thought that she would make up for it in other ways. 'Don't do extra favours such as serving them at the same table as you. They are not counted. Pay them the amount they are asking for,' she stated. Explore courses from Top Institutes in Please select course: Select a Course Category Digital Marketing Healthcare others Leadership Technology Management Operations Management Finance Product Management MCA Data Science Cybersecurity Degree Others Public Policy MBA PGDM CXO healthcare Data Science Project Management Data Analytics Design Thinking Skills you'll gain: Digital Marketing Strategies Customer Journey Mapping Paid Advertising Campaign Management Emerging Technologies in Digital Marketing Duration: 12 Weeks Indian School of Business Digital Marketing and Analytics Starts on May 14, 2024 Get Details Skills you'll gain: Digital Marketing Strategy Search Engine Optimization (SEO) & Content Marketing Social Media Marketing & Advertising Data Analytics & Measurement Duration: 24 Weeks Indian School of Business Professional Certificate Programme in Digital Marketing Starts on Jun 26, 2024 Get Details Netizens React This statement did not go down well with netizens. One Reddit user quipped, 'What does she even mean by that? Entitlement is on the next level.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Invest 80$ In The Investment Package And Earn Monthly TradeApp Another wrote, 'Who even wants to eat on the same table as her?' Another thought she made a valid point and explained that at the end of the day, employees work for a salary. While it's thoughtful and even admirable to share meals and create a sense of equality at the workplace, those gestures alone aren't enough to retain talent. If another company offers a better financial package, most people will choose to leave, regardless of the camaraderie or shared lunches. When that moment comes, the memory of sharing biryani won't be enough to keep them from moving on. That's essentially the message she was trying to convey—loyalty often follows financial security. Gulati made headlines recently, as she revealed she was cheated by her executive assistant. On July 21, 2025, Parul shared a detailed account on her LinkedIn profile about a troubling experience involving her assistant. In her post, she revealed that the assistant, who had been employed with her for the past year and was responsible for managing communications, running errands, and overseeing financial transactions, had been deceiving her. Due to repeated incidents of misconduct, including theft and major violations of trust, Parul made the decision to end the assistant's employment. She explained that she had noticed frequent disappearances of cash and Nish Hair products, which she later discovered in the unauthorized possession of the assistant, identified as Swara Parekh. Parul further disclosed that Swara had gone as far as sharing her credit card information with an external party, breaching confidentiality and professional ethics. This series of events ultimately led Parul to take firm action and publicly address the matter. Parul Gulati: Actress, Businesswoman, and Brand Face Parul Gulati is a multifaceted Indian talent known for her contributions to acting, modeling, and entrepreneurship. Over the years, she has featured in a variety of television series and Punjabi-language films. Beyond her on-screen presence, she has carved a niche for herself in the beauty industry as the founder and CEO of her own hair extension label, Nish Hair. Her television journey saw a notable moment in 2017 when she appeared in the Hindi TV drama P.O.W. - Bandi Yuddh Ke. A year later, in 2018, she played the character inspired by 'Jo March' in Haq Se, a web series that reimagined Louisa May Alcott's classic novel Little Women in an Indian context. That same year, Parul starred in Selection Day, a Netflix original series adapted from Aravind Adiga's 2016 novel. Her role added depth to this sports drama centered on cricket and family dynamics. Around this time, she also joined the cast of Girls Hostel, a digital series produced by The Viral Fever (TVF) under their Girliyapa banner. The show, which aired from 2018 to 2019, gained popularity for its realistic portrayal of women's lives in college hostels. Parul made her television debut in the drama Yeh Pyaar Na Hoga Kam, portraying Bittan, the younger sister of the female lead Leher, who was played by Bollywood actress Yami Gautam. This role marked her entry into the Indian entertainment industry. In addition to her work in films and series, Parul has been the face of several advertising campaigns, lending her image and influence to a range of products. Her brand, Nish Hair, which specializes in 100% human hair extensions, has grown under her leadership and is widely recognized among beauty enthusiasts across India. As per a Money Control report, Nish Hair is worth over Rs 50 crore.
Mint
15-07-2025
- Business
- Mint
HCL Tech vs TCS: Which IT stock to buy today after Q1 results 2025? EXPLAINED
Following the release of financial results for the April-June quarter of fiscal year 2025-26 (Q1FY26), India's top information technology (IT) companies will attract attention in today's market session. As investors on D-Street contemplate on which IT stocks to buy, sell, or hold at this time, market analysts prefer Tata Consultancy Services (TCS) over HCL Technologies Ltd following their recent Q1FY26 earnings report. Q1 Results HCL Technologies announced on Monday, July 14, a 9.7% decline in its consolidated net profit for the June quarter, impacted by increased expenses and the one-time effect of a client's bankruptcy. The company reported a net profit (attributable to the owners of the firm) of ₹4,257 crore during the same period last year, as stated in a regulatory filing. For the quarter in review, revenue from operations increased by 8.1%, reaching ₹30,349 crore, compared to ₹28,057 crore in Q1FY25. The company reported that its operating margin was 16.3%, which fell short of their expectations. Although Q1 has typically been their weakest quarter, the lower-than-expected operating margin was primarily caused by a decrease in utilization due to delays in the ramp-up of a particular program. HCL Tech share price closed down by 1.04% at ₹1,619.95 per share on the BSE on Monday. The financial results were disclosed following the end of trading hours. On Thursday, July 10, TCS announced a 6% increase in its net profit for the June quarter, reaching ₹12,760 crore. In the same period last year, the Tata group firm reported a net profit of ₹12,040 crore. The company's revenue rose by 1.3% to ₹63,437 crore, compared to ₹62,613 crore during the same period last year, although it declined by 3% when measured on a constant currency basis. According to a company statement, its operating profit margin improved by 0.30 percent quarter-over-quarter, standing at 24.5 percent for the April-June period. HCL Tech vs TCS Q1 Results: Here's what experts say According to Mohit Gulati, the CIO and managing partner of ITI Growth Opportunities Fund, in the wake of Q1 FY26 earnings, TCS clearly emerges as the more compelling IT bet, backed by a superior margin profile, robust deal wins, and a steady profit trajectory. While HCL Tech continues to demonstrate long-term potential, near-term headwinds around margins and deal execution warrant a wait-and-watch approach before committing fresh capital. 'That said, both companies have shown remarkable resilience across decades of business cycles — navigating global shocks, tech shifts, and macro volatility — a testament to the enduring strength of India's IT backbone,' added Gulati. In the same vein, Vinit Bolinjkar, Head of Research at Ventura Securities, considers TCS to be a stronger choice because it managed to maintain its margins, and some of BSNL's orders are expected to come in the next quarter. HCL Tech experienced a notable drop in margins. In a detailed comparison, Bhavik Joshi, Business Head, INVasset PMS believes both TCS and HCL Technologies delivered solid Q1 FY26 results, but their paths forward differ in key areas. TCS, with its robust margin leadership of 24.5% and industry-best cash conversion, has proven resilience despite the ongoing weakness in global demand. The company's strategic focus on AI and a healthy deal pipeline, with a $9.4 billion order book (+13% YoY), provides a solid foundation for long-term growth, even if near-term visibility remains subdued. For investors seeking stability, consistent margins, and strong cash flow, TCS stands out as the more defensive choice. On the other hand, HCL Technologies delivered strong revenue growth of 8% YoY, outpacing TCS, fueled by its digital and cloud capabilities. However, the company is facing significant margin pressures with operating margins dropping to 16.3%, primarily due to heavy investments in Generative AI and Go-to-Market strategies. This creates a higher risk-reward scenario for HCL Tech, as it seeks to capitalize on future AI adoption, but the short-term profitability concerns, with net profit declining by 9.7% YoY, warrant attention. 'In summary, TCS presents a safer, margin-driven play with better near-term visibility, while HCL Tech offers higher growth potential but with added volatility due to its aggressive digital and AI investments. For those prioritizing stability and margin leadership, TCS remains the preferred option, but those willing to embrace a bit of risk in exchange for higher growth potential might find HCL Tech appealing,' added Joshi. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
