B G Shirsat &Amp; Deepak Korgaonkar

Stories by B G Shirsat &Amp; Deepak Korgaonkar

Rupee appreciation hits IT majors' revenues

Rupee appreciation hits IT majors' revenues

Rediff.com   23 Jul 2007

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.

Retail investors lose IPO appetite

Retail investors lose IPO appetite

Rediff.com   16 Jul 2007

This year so far, as many as nine of 50 issues did not see their retail portion fully subscribed.

India Inc sits on Rs 3.5 lakh cr cash pile

India Inc sits on Rs 3.5 lakh cr cash pile

Rediff.com   10 Jul 2007

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.

Oil firms may dampen Q1 show

Oil firms may dampen Q1 show

Rediff.com   6 Jul 2007

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.

India Inc set to raise Rs 1 lakh crore

India Inc set to raise Rs 1 lakh crore

Rediff.com   23 Jun 2007

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).

High offtake,frequent PLR hikes save banks blushes

High offtake,frequent PLR hikes save banks blushes

Rediff.com   12 Jun 2007

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.

Foreign equity seen at $15 bn

Foreign equity seen at $15 bn

Rediff.com   11 Jun 2007

Huge share offerings may lead to record inflow in 2007.

India Inc in a generous mood

India Inc in a generous mood

Rediff.com   4 Jun 2007

Corporate India's payout surged 22 per cent in 2006-07, with more than 50 per cent of the companies raising their dividends

DLF to rank among top 10 m-cap scrips

DLF to rank among top 10 m-cap scrips

Rediff.com   28 May 2007

Post-listing, real estate major DLF will find a place among the top-10 companies in terms of market capitalisation.

Q4 showing takes sheen off India Inc's performance

Q4 showing takes sheen off India Inc's performance

Rediff.com   28 May 2007

Rising interest rates and higher inputs costs seem to have taken the sparkle out of corporate results in Q4 2007.

IPOs set to break all records

IPOs set to break all records

Rediff.com   23 May 2007

Market-men expect these offers will compete head to head for investors' fund of over Rs 24,000 crore next month.

Telecom majors' growth doubles in two years

Telecom majors' growth doubles in two years

Rediff.com   8 May 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.

IT majors sit on growing cash mountain

IT majors sit on growing cash mountain

Rediff.com   27 Apr 2007

Indian IT firms have piled up net cash in excess of Rs 20,000 crore

IT quartet's turnover crosses $10 bn mark

IT quartet's turnover crosses $10 bn mark

Rediff.com   21 Apr 2007

Wipro, Satyam join TCS, Infosys in beating rupee blues.

Firms rush ESOPs to escape FBT liability

Firms rush ESOPs to escape FBT liability

Rediff.com   16 Apr 2007

48 companies have given stock options since Budget day.

Software majors may post over 40% Q4 growth

Software majors may post over 40% Q4 growth

Rediff.com   11 Apr 2007

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.

Lights go off IPO market

Lights go off IPO market

Rediff.com   9 Apr 2007

Share prices of 17 of the 20 companies, which floated their initial public offers (IPOs) during the period, are now trading below their issue price. Twelve issues were listed below their offer price.

India Inc's fund appetite wanes

India Inc's fund appetite wanes

Rediff.com   9 Apr 2007

In spite of burgeoning initial public offerings, fund mobilisation by Indian companies through debt and equity issues in the year grew only 14 per cent, against close to 40 per cent in each of the earlier three financial years.

Dividend-paying companies on rise

Dividend-paying companies on rise

Rediff.com   5 Apr 2007

Over 120 dividend paying companies currently have a dividend yield of over five per cent, according to a study. The dividend yield is based on the current market price and dividend paid in the financial year 2005-06.

Futures turnover hits record high

Futures turnover hits record high

Rediff.com   3 Apr 2007

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.