Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Shree Cement beats ACC in market value, Lupin ahead of Dr Reddy's Labs
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Companies with contrasting financial ratios enjoy similar credit ratings; agencies say they look at many other metrics.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
Hindalco has done very well with Rs 900 crore (Rs 9 billion) of ebidta in June quarter.
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
Sale at acquisition price may have been prompted by slow coal traffic and fall in prices.
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.
The company will wait for sizeable user base for better valuation.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
The same set of companies had reported 3.8 per cent annual net profit growth in the previous quarter and 7.5 per cent annual growth in the same quarter last financial year.
Provisioning for bad investments, finance costs shoot up in FY14.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
The company had appointed a three-member committee of directors to implement the changes.
Previous peak in 2010 crossed in first five-and-a-half months this year.
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