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.
In the last two months, these stocks have lost nearly a quarter of their market cap.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
The 4G service may use Reliance Retail, with a surging customer base, as the launch pad
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.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Since January 2011, a third of firms making such offers failed to meet new floor; current penalties would have been hefty.
After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral.