India Inc's order book doubled in the fourth quarter (January-March) of the last financial year compared, to the year-ago period.
145 companies have paid Rs 125.65 billion (Rs 12,565 crore) as interim dividend for 2009-10
India Inc is expected to post 35-45 per cent rise in net profit in the fourth quarter ended March 31.
The foreign investors' attraction for India funds seems to be as restrained as in 2009, with only five such funds launched in the first two months of 2010, mobilising $492 million.
A study of 435 companies listed on the Bombay Stock Exchange, which provide their capital-employed data on a quarterly basis, shows capex grew by a meagre 3.4 per cent in the nine months ending December 2009, compared to the level in March 2009.
Corporate India will have to shell out an additional Rs 21,000 crore (Rs 210 billion) if the 2010-11 Budget increases the excise duty by 2 per cent.
An analysis of the growth rate of 15 leading drug companies for the third quarter of 2008-09 show excellent performances in domestic turf have been often marred by the poor show of their acquired assets.
India Inc as a whole has recorded a 62 per cent rise in net profit and 310 basis point rise in margins.
A total of 635 companies have declared their third-quarter results and reported 22 per cent rise in revenue and 47.3 per cent growth in net profit on an average.
Bharti Airtel and Larsen & Toubro may have struck a jarring note by turning in disappointing results, but India Inc as a whole has done fairly well so far in the third quarter ending December 2009.
The managers see Sensex trading at a P/E of 16.
Manufacturing sector suffers from project delays, lack of fresh capital.
Sales are expected to grow at an average of 14 per cent on the back of a strong show from automobiles, auto ancillaries, construction, capital goods, metals, refineries, metals and sugar.
The BSE metal index tops the sectoral gainers list with an appreciation of 233 per cent.
This year was the best since 1991, with benchmark indices rising over 100 per cent from their March lows.
India Inc is likely to post a whoping 63 per cent growth in net profit in the second quarter, thanks to four oil marketing companies which are expected to post a combined net profit of Rs 2,730 crore (Rs 27.30 billion) in the quarter ended September.
Idea joins Vodafone to use the fun route on the Net.
This was the most serious cable disruption since 2001, when a submarine cable connecting the mainland with the US was cut off.
For example, Idea Cellular posted a 0.7 per cent decline in the average minutes of use per subscriber in the first quarter of the current financial year, partly because of the increasing use of multiple SIM cards. So, too, with Vodafone-Essar. The company admits a fall in usage per subscriber, as an increasing number utilised SIMs of more than one operator, particularly in the new circles.
Samsung Electronics and Motorola are gearing up to launch handsets based on Google's Android operating system in India.
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