At its current stock price, RIL now has 8.4 per cent weight in the Sensex against Infosys' 8.8 per cent.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
Bigger and broader indices do relatively poorly as investors get selective; experts see opportunity if scrips chosen with care.
Else, more capital outflow and pressure on rupee likely.
Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
In the last two months, these stocks have lost nearly a quarter of their market cap.
In the last two months, these stocks have lost nearly a quarter of their market cap.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
Following adverse media reaction to the June 27 decision of the Cabinet Committee on Economic Affairs, the finance ministry had issued an office memorandum asking the petroleum ministry to see if there was a way to make RIL clear its gas supply backlog at the existing price.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and bring back full value of goods and services to India within a year from the date of export.
ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.
After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral.
A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.
Business opportunity after phased diesel deregulation the main trigger.
R-Power had produced the test certificate claiming March 30, 2013, as the date of commissioning.