The study predicts that the Sensex companies are expected to show marginal 6 per cent growth in profit, while the growth for the oil companies is likely to be higher at 23.4 per cent.
For a larger pie in business opportunities thrown up by the rising cross-border acquisitions by Indian companies, the country's largest bank, State Bank of India, is looking to acquire a small investment banking firm in Europe.
A back-of-the-envelope calculation suggests that the total mobilisation through share issues (including rights, initial and follow-on issues) will be at least Rs 1.04 lakh crore (Rs 1.04 trillion).
The Indian banking sector has overcome concerns pertaining to the rising cost of funds and an increase in provisioning requirements under the new RBI norms, to post a healthy rise in net interest income during the quarter ended March 2007.
Huge share offerings may lead to record inflow in 2007.
The total revenues and net profit of the top six Indian telecom players, Bharti Airtel, Reliance Communications, BSNL, Hutchison Essar, MTNL and Idea Cellular, more than doubled during the last two years.
For tapping high growth units in special economic zones, a host of Indian banks had established offshore banking units in 2003-04 in these duty free enclaves
A severe staff crunch at the branches for managing the front desk operations has compelled the State Bank of India to resume recruitments in the clerical cadre after almost a gap of 20 years.
Indian IT firms have piled up net cash in excess of Rs 20,000 crore
Banks to also charge 50-100 bps more for a second home.
Wipro, Satyam join TCS, Infosys in beating rupee blues.
Nearly 4,000 clerical cadre and staff have sought early retirement from the country's largest commercial bank, State Bank of India.
Given the uncertainty on the US economic outlook, the rising rupee, and the lack of clarity on imposition of fringe benefit tax on stock options, analysts believe the companies may strike a note of caution on FY08 earnings.
An interview with Zhan Xiangyang, director general of the world's third largest bank, with a market capitalisation of $183.85 billion.
The turnover of commodity and stocks futures grew at a scorching pace in 2006-07, accounting for 80 per cent of the total turnover of the cash and futures markets.
The US slowdown, service tax on leased and rented premises and imposition of minimum alternate tax are expected to take a toll on the revenue and earnings growth rates of all frontline IT companies in 2007-08.
The appreciation of the rupee, the dividend distribution tax and the hangover of the minimum alternate tax on information technology companies under the Software Technology Parks of India scheme have pulled the prices of IT stocks down.
Inflation based on the wholesale-price-index remained unchanged at 6.46 per cent for the week ended March 17 when compared to the week before. In fact, inflation is now unchanged for the last three weeks.
It is Finance Minister P Chidambaram's meeting with leaders of public sector bank unions that averted the three-day bank strike proposed from March 28.
Curiously, it will not be far-fetched to state the contrary, that the global stock exchanges follow the Indian markets' cue
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