Four L&T executives, 2 from RIL and 1 from Tech Mahindra own over Rs 100 crore (Rs 1 billion) each in stock options.
Sectors that are insulated from the sub-prime mortgage crisis unfolding in the US are the heavyweights in Indian stock indices. In comparison, sectors like information technology and pharmaceuticals, which depend a lot on the US market, carry less we
However, the income profile shows a classical pyramid-shaped society with only 600,000 households earning above Rs 18 lakh per annum, according to the Mr and Mrs India survey by brokerage firm CLSA Asia Pacific Markets.
The seven-day non-stop rally has recouped 75 per cent of the market capitalisation eroded during the preceding free fall as seven in every 10 stocks traded on the Bombay Stock Exchange staged a recovery (BSE).
IT-BPO firms offer end-to-end mortgage origination services and manage servicing activities.
At a time when software companies were reporting disappointing results on account of this, an unperturbed Chatterjee said Tata Steel would reap significant benefits from the new exchange rate, which would be disclosed with its results.
The revenue growth rate for Tata Consultancy Services and Infosys Technologies has declined by over 20 percentage points to about 25 per cent from over 45 per cent in the quarter ended June 2006.
India Inc's first quarter scorecard has been mixed so far. While net profit growth has shot up, the 154 companies that have declared their results have faltered on the turnover growth rate.
This year so far, as many as nine of 50 issues did not see their retail portion fully subscribed.
Analysts say that retail offers a big opportunity and acquisitions are a way to grow rapidly; there is also the need to deploy this money gainfully.
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.
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.
Rising interest rates and higher inputs costs seem to have taken the sparkle out of corporate results in Q4 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.
Indian IT firms have piled up net cash in excess of Rs 20,000 crore
The early birds have set a scorching pace in the quarter ended March 2007, with around 120 companies posting a 28.6 per cent rise in sales and a hefty 57.8 per cent rise in net profit.
Wipro, Satyam join TCS, Infosys in beating rupee blues.
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.
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