These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.
The first was wholesale funded banks and non-bank finance companies.
Experts believe there are more such decisions in the offing, which along with a recovery in economic growth and India Inc.
It, however, lags other states on crucial parameters such as health care and rural poverty.
Short-term gains are always unpredictable.
The markets tend to react six to eight months in advance
Compared to their Indian peers, MNCs have higher return ratios.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
Interview with CMD, Motilal Oswal Financial Services
Demand low, regulatory issues seen as bigger hindrances.
Sales growth slows but expenditure control, lower interest burden save the day.
Sources familiar with the development said the Japanese giant had made it a pre-condition to invest in Future Group's food sourcing and back-end infrastructure.
After Essel landed the first punch by saying they were approached by IVRCL for a buyout, IVRCL's management was quick to deny every single point, even charging Essel with 'lying'.
Stay out of Mumbai surveillance project, may seek new allies for future
Murdoch may re-enter space after non-compete period lapses, ABP to control three news channels of MCCS
Cash-strapped Lilliput, the country's largest kidswear brand, may soon get a luxury makeover.
This will be the second high-profile exit from the company in recent months after Arun Kapur, the former chief executive, quit late last year.
First of its kind arrangement where Indian partner also gets share.
After five years and numerous attempts to launch outlets in India, coffee house giant Starbucks will finally roll out its cafes here, in partnership with Tata Global Beverages (TGB), by August-September. John Culver, president, of the chain's China and Asia Pacific region, tells what the joint venture (JV) means for it and the way ahead.
After five years and numerous attempts to launch outlets in India, coffee house giant Starbucks will finally roll out its cafes here, in partnership with Tata Global Beverages (TGB), by August-September. John Culver, president, of the chain's China and Asia Pacific region, tells what the joint venture (JV) means for it and the way ahead.
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