B G Shirsat In Mumbai

Stories by B G Shirsat In Mumbai

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.

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.

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.

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.

US slowdown may not impact IT earnings

US slowdown may not impact IT earnings

Rediff.com   3 Apr 2007

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.

IT stocks wilt under rupee pressure

IT stocks wilt under rupee pressure

Rediff.com   2 Apr 2007

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.

Overseas bourses take cue from India

Overseas bourses take cue from India

Rediff.com   19 Mar 2007

Curiously, it will not be far-fetched to state the contrary, that the global stock exchanges follow the Indian markets' cue

MNC arms outperform parents in net sales

MNC arms outperform parents in net sales

Rediff.com   16 Mar 2007

The parent companies, however, performed well on the profitability front, posting 30.93 per cent net profit growth compared to 22.6 per cent by their Indian subsidiaries.

52% investors miss rally

52% investors miss rally

Rediff.com   8 Feb 2007

Of the 125 sectors tracked by Business Standard Research Bureau, 62 sectors have lost ground, while 63 others have gained over the May 10 levels.

Promoters' wealth grows 90-fold in 2 years

Promoters' wealth grows 90-fold in 2 years

Rediff.com   29 Jan 2007

Rs 1,066 crore capital investment of 41 entrepreneurs has grown to nearly Rs 90,000 crore.

These Indian firms will make you a millionaire

These Indian firms will make you a millionaire

Rediff.com   20 Jan 2007

The crorepatis are to be found principally in IT, pharmaceutical and engineering companies

Early birds post 84% rise in Q3 net profit

Early birds post 84% rise in Q3 net profit

Rediff.com   16 Jan 2007

Sales of 80 companies climb 43%, operating profit margins up at 28%.

Infy margins badly hit in US, Europe

Infy margins badly hit in US, Europe

Rediff.com   12 Jan 2007

Infosys Technologies has done well by posting its third consecutive quarter with a double-digit growth in dollar terms and increase in operating margins by 0.6 per cent.