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CNBC-TV18 Exclusive | Rajat Rajgarhia   

CNBC-TV18 Exclusive Sachin Shahane, MOFSL

The Board of Samvardhana Motherson International Ltd. (SAMIL), at its meeting held on August 29, approved the acquisition of an 81% stake in Yutaka Giken Co. Ltd. and an 11% stake in Shinnichi Kogyo Co. Ltd. through its wholly owned indirect subsidiary, Motherson Global Investments BV.

Sajjid Chinoy, Head of Asia Economic Research, JPMorgan

Pratik Jain, Partner, Price Waterhouse & Co LLP

Najib Shah, Former CBEC Chairman

Trent top Nifty gainer, up over 2% on GoM’s likely proposal to hike price threshold for readymade garments attracting 5% GST to ₹2,500 from ₹1,000

Varun Beverages slips in trade, down over 1%, after GoM’s likely proposal to hike GST on carbonated drinks to 40%.

Taher Badshah, CIO, Invesco Mutual Fund On CNBC-TV18

Hiten Mistry, Sector Lead, (Consumer) Equirus Capital On CNBC-TV18

Ashish Jakhanwala, CMD & CEO, Samhi Hotels On CNBC-TV18

Gurmeet Chadha, Managing Partner & CIO, Complete Circle

Deven Choksey, DRChoksey Finserv

On RIL

Market Watch: Deven Choksey, DRChoksey Finserv

On GST

Samvardhana Motherson to acquire 81% stake in Yutaka Giken & 11% in Shinnichi Kogyo for $184 Million

GST cuts: Samhi makes 45% rev from rooms below ₹7500

According to Samhi, they expect to see a 10-15% bump in our revenues if GST is cut to 5% (≤ ₹.7,500/night)

Shares of Dr. Agarwal’s Health Care Ltd., which fell 7% on Thursday, are expected to remain in focus in Friday’s (August 29) trading session.

Global brokerage firm Morgan Stanley has an ‘Overweight’ rating on the stock with a price target of ₹494, implying a potential upside of about 12% from Thursday’s closing level.

Fook Hien Yap, Senior Investment Strategist, Standard Chartered Bank on CNBC-TV18

Sources On IndiGo

The Nifty 50 index heads into the September series after two consecutive ones with losses. August also ended on a negative note for the index as it gave up key support levels enroute to further downside after the 50% tariffs threatened by the US administration took effect on Wednesday.

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