More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
Analysts say Tatas could sustain their current pace of growth, provided the group's "cash cows", such as TCS and Tata Motors, continue to deliver.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
Barring one, three are debt-free and sitting on large cash reserves.
Putting money in key PSUs a better option
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
In first half of year, firms raise more than banks on low US treasury rates.
Within a month of the Comptroller and Auditor General of India (CAG) tabling the coal block allocation report in Parliament in August last year, the Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Hyderabad-based Navabharat Power Private Ltd for the coal block allotted to it in Odisha in January 2008.
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.
The 46-year-old chairman of the Aditya Birla Group has made at least 28 acquisitions since he took the reins of the group 18 years ago.
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.
The economic slowdown has made it difficult for companies to record financial closure of a few awarded projects.
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.