Brokerage firm Ambit Capital has cut FY17 growth estimate to 3.5 per cent from 6.8 per cent and saaid there was even a possibility of growth contracting during the December quarter
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Dividend pay-out by the group companies grew at a compounded annual rate of 15.7% under Cyrus, sharply up from 2.5% in the previous three years
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
The average return for the 2,127 companies outside the A-group is 42 per cent
Its rich valuation with a PE of 62 times raises downside risk for investors
The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years
ICICI Pru's IPO is being managed by 10 investment banks, including Bank of America Merrill Lynch and ICICI Securities
A typical consumer will have to opt for Jio's Rs 499 plan, which is a steep 2.5 times more than what the average user pays at present.
Between Friday's and Monday's close: Yields on 10-year bonds up 6 basis points, rupee slides 13 paise against dollar, Sensex ends flat
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
Central KYC not in sync with Sebi's KRA system; regulator writes to finance ministry
In India, bond yields have fallen nearly 70 basis points in the last one year.
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
Tata Steel (then Tata Iron and Steel), the most valuable index company in 1991, is now the least valuable.
Government-owned companies are more generous in rewarding their shareholders with dividends.
Most of the index heavyweights are yet to declare their results.
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