Tag Archives: outlook

ICRA Cuts Outlook On Janalakshmi Microfinance to Negative

Ratings agency ICRA has cut the credit rating for Janalakshmi Financial Services Ltd (JFSL), from "A+" Positive to "A+" Negative in view of the impact of demonetisation and increasing non-performing assets or failure on overall collections. In its note, the rating agency attributed the negative outlook to soon-to-be-turned small finance bank Janalakshmi’s collections which have gone down to 78% in ...

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Indian economy bright spot in global landscape, certifies IMF

India’s growth is set to rise to 7.2 percent in this fiscal with the economy reviving, helped by positive policy actions that have improved confidence and lower global oil prices, said the IMF giving a virtual go-ahead certificate to the global investors to throng the country. To continue on this trend, India needs to revitalise the investment cycle and accelerate ...

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Microsoft launches new Outlook app for iOS, Android users

Taking Gmail and other email apps head on, Microsoft has launched a new Outlook app for iOS and Android devices. The new app is basically a replacement for San Francisco-based email startup Acompli that was acquired by Microsoft for $200 million in December last year, New York Daily News reported. Outlook will support Office 365, Exchange, Outlook.com, Yahoo Mail, Gmail, ...

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What’s Ahead for Alur Seelin Kiran Kumar, the new ISRO Chief?

The Cabinet decision on Monday to appoint veteran ISRO scientist Alur Seelin Kiran Kumar did not come as a surprising choice being given to a local Bangalore man where ISRO is located. Kiran Kumar, who joined ISRO in 1975 was among the first batch of scientists to be roped in for India’s first remote sensing satellite ‘Bhaskara’ for which he ...

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10 Reasons why Rupee at 60 per Dollar Means deja vu 1991 Situation

The Indian rupee touched Rs.60 per dollar on Thursday amid news from Washington DC that the US Fed may taper its Q3 monetary easing policy with improved economy. Since India is dependent on foreign capital inflows to fund its current account deficit, the tumbling rupee may mean both good news and of course, bad for the import-depedent economy. Here are ...

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Marissa Mayer: Will Yahoo’s new pregnant CEO deliver results?

The 37-year-old Marissa Mayer, who was sidelined by Google’s co-founder Larry Page has marched out to rejuvenate a frail and falling tech major in the vicinity — Yahoo. But the third CEO in less than a year is beset with challenges bequethed from her five failed predecessors in the last five years. Not merely Google but also Facebook and Microsoft ...

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