Post-demonetization is going to be one of the most interesting earnings seasons in, at least, in this sites history: Here are some things that we're going to keep an eye out for in the upcoming results: 1. Bank data post demonetization: Okay, so we already have some information here, but the larger banks, State Bank of India, HDFC and ICICI still haven't announced Q3 results. Keep an eye out for data on whether card spends increased, and by how much. How were ATM withdrawls impacted? Impact of the temporary reduction in MDR on Fee revenue. Axis Bank has reported an 82% increase in card transactions. Much more here. 2. What's happening with the MakeMyTrip-GoIbibo merger? The deal, combining the largest Online Travel Agent in India, with the one that has probably lost the most money (to become the number two) flight ticketing business in India, hasn't still been completed. The transaction (all the details here) was expected to be closed by the end of December, but the deadline has now been extended till April 1st 2017. In the meantime competitor and cousin-brother-concern Yatra has been listed. 3. Why HT Media fast forwarded its "cost optimisation" plans: On November 3rd 2016, HT Media said it was reviewing its operations, and would fire people, or as they put it, take action on recommendations related to "cost optimisation", by the end of the financial year, which essentially would have been around March 2017. Instead, the company, earlier this month, shut down four editions and three bureaus. Is there…
