Tech Mahindra chief executive Vineet Nayyar said the country was going through a tough time with a weak rupee and the European economy in trouble over the Greece crisis. He said that while the weak rupee is beneficial for the IT companies and other export-oriented establishments, the larger picture on the whole was dim.
Kiran Mazumdar Shaw, Chairman of Biocon speaks about the Espirto Santo report that questions the company's accounting standards, Axi Corp, insulin business, Pfizer deal, Statin business, listing of German arm Syngene. She says that margins have improved after Axi Corp exit.
Jamal Mecklai, of Mecklai Financial Services says that government announcement on subsidies, and FDI should help rupee, markets. "RBI and needs to come and hit the market with lot of dollars," he says.
ICICI Bank chief executive and managing director says a declining currency only scares the investors from putting in money, adding that the lack of capital inflows was adding more pressure to the currency.
Vivek Rajpal, Rates Strategist at Nomura India says that India's macro-fundamentals poor with INR being the most vulnerable of all Asian currencies. India needs capital flows to negate current account deficit, he says adding that RBI has no other option than OMO.
We Mean Business: In the latest edition of We Mean Business, we take a look at the how the Indian economy has fared as the UPA completed three years of its second stint in power. With the rupee plunging, the stock markets falling, growth slowing and inflation soaring, where is the Indian economy headed?
Watch full show: http://profit.ndtv.c om/video/Has-UPA-II- killed-the-India-sto ry-/233281
Just Books: In the latest edition of Just Books, we take a look at author Jerry Pinto's first novel Em and the big Hoom, and find out about the favourite reading list of former attorney general Soli Sorabjee. We also take a look at the bestsellers this week.
Watch full show: http://profit.ndtv.c om/video/Flipping-th rough-Soli-Sorabjee- s-diverse-books/2330 15
Sam Ghosh, CEO, Reliance Capital speaks to NDTV about the insurance company's Q4 results which saw a profit of Rs 329.32 cr and income of Rs 2,001.86 cr. He says that profits have been driven by commercial finance and broking business while Nippon Life transaction contributed a part of the capital gains.
Shashank Srivastava, Chief GM - Marketing at Maruti Suzuki (India) speaks to NDTV about Ertiga sales, business outlook and rupee impact. He says that although Ertiga has seen over 40,000 bookings, retail situation is not good in April, May, which will add to the negative impact of overall cost price hike. However, he expects demand to improve during festive season.
Pratip Chaudhuri, Chairman of SBI speaks to NDTV about the bank's Q4 results and guidance for the year ahead. He expects that net interest margin (NIM) for the first quarter of FY13 will be around 3.75 per cent and adds that fall in rupee is likely to be positive for exports.
The Car & Bike Show: It's cute, cool and capable - the Mini brand has finally arrived. Ranging between 25.50 lakh and 35.90 lakh, three of the Mini models will be available in India.
Watch full show: http://profit.ndtv.c om/video/India-gets- a-taste-of-the-Mini- Cooper/232897
Mahantesh Sabarad, Sr. Vice President - Equity Research at Fortune Equity Brokers speaks about the auto industry. He says he is bullish on Tata Motors and advises 'buy' on Bajaj Auto stocks, as its valuations are quite low currently.
Tune into the Radio industry that is all set for the next phase of growth. Also, a peep in to the business of Cannes, as the 65th Cannes Film Festival starts this week along with an exclusive chat with production house - Asthavinayak on the Blues of the Dabangg film industry.
Watch full show: http://profit.ndtv.c om/video/No-Biz-Like -Showbiz-Business-of -Cannes-Radio-indust ry-and-more/232826
Krishnakumar Natarajan, MD & CEO of MindTree Consulting speaks about impact of rupee depreciation on the IT industry. "The currency is a big driver, and the extreme volatility makes it difficult to have a structured management process for the IT industry," he says.
We Mean Business: With LPG subsidy bill rising, the government is considering a proposal to sell LPG to MPs, MLAs and gazetted officers at market price. This will be extended later to families with income over Rs 50,000.
Watch full show: http://profit.ndtv.c om/video/Should-MPs- forgo-LPG-subsidy-/2 32698
Air conditioner maker Blue Star reported a net loss of Rs 89.15 crore for financial year 2011-12 versus a net profit of Rs 155 crore in the previous financial year. Satish Jamdar, MD, Blue Star Limited, told NDTV Profit that their contracting business has seen a slowdown. "We hope to get back into profit. Smaller towns are seeing good growth," he added.
![Flipping through Soli Sorabjee\](http://i.ytimg.com/vi/9Koy0hLKejg/2.jpg "Flipping through Soli Sorabjee\")
