Results of 138 firms show revenue growth has declined further, but net profits are up
These companies gave annualised returns of 11% on an average in the last five years, while shareholders of family-owned companies saw 5% annualised erosion
In the April 2012-February 2013 period, the life sector's industry's new business premium collections fell 6.1 per cent, compared to the corresponding period of the previous financial year.
Trend so far shows India Inc being stingy; aggregate of 23 firms that have declared payouts for FY13 down 2.4%.
Some are treating the price correction as akin to a fiscal stimulus that could kick-start a new demand cycle in the economy.
The issues unions have been pursuing aggressively include forced suspensions, flexible work conditions, recognition of a union and salary parity for contract workers.
Sensex valuation has fallen below historical averages, now lags underlying earnings & dividend growth.
Though exposure draft proposed 35-60% hike, Irda raised it only 19%.
LIC had evinced interest to purchase the land at Baba Kharak Singh Marg at around Rs 800 crore.
Many firms' debt far exceeds their market capital.
Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.
Most have seen decline in cash reserves and deterioration in financial ratios in recent years.
The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.
Priority will be to maintain a balance between sector's growth and consumer welfare.
Results for the quarter ended December showed how the actual results for many large companies turned out to be worse than analysts' estimates.
Aim is to boost sales volumes and increase penetration.
According to a presentation by LIC to Parliament standing committee on finance, total investment at the end of March 31, 2012 was Rs 13.49 lakh crore or Rs 13.49 trillion.
The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.
Primarily trained for a career in FMCG, he shifted to insurance when the opportunity came his way.
Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.
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