Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
'It is like bombing a building with 200 people to kill 5 terrorists.'
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
The new executive director of Reliance Capital has big shoes to fill in every way.
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
These are companies with a strong track record and good prospects on earnings.
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
'The focus is more on the outlook for global growth'.
Market players say the government is likely to attempt, at least, one big-ticket sale this month.
There will be a review of employee compensation arrangement in the light of the new rules.
If the government decides to go back to the old regime where the EPF was not taxed but the NPS was, the latter will become an unattractive product.
Withdrawals from EPF and NPS to have same tax rates.
So long as there are concerns about world trade, growth and oil prices, the domestic market will remain volatile.
There cannot be value in every stock, whether large cap or otherwise. Thus buying a stock cheap does not always translate into value buying
Investors continue to make losses on investments.