Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
Companies announce Rs 768 bn worth investments in Dec quarter versus Rs 1.15 trn in Sep quarter
M-Cap of top 10 business groups went up by 46% this year.
CEOs expect populist measures in the Budget, to help the poor and marginalised, who make up for the largest section of voters.
Earnings spread for foreign investors down to 10-year low of 1.1 per cent, from 2 per cent at the beginning of the year and record high of nearly 5 per cent in 2013
China Development Bank takes Reliance Communications to NCLT over loan default
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
India Bullion and Jewellers Association said, self-certification of coins by refineries contravenes the basic purpose of a certifying agency.
The decline is attributed to lower salary growth and a rise in households' financial liabilities.
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
Experts advise investors to buy at lower levels in the next few months and sell at the higher end of their range in the second half, reports Rajesh Bhayani.
Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.
Mid- and small-cap companies seem to have done better than top-tier companies
The corporate sector took production cuts, conducted inventory management and reduced staff to meet challenges following the govt's note ban decision
Import by 4-star and 5-star export houses effectively barred from importing for domestic consumption.
Those selling ornaments with lower purity might now offer hefty discounts in order to get rid of non-hallmarked stocks
Dhanteras is considered auspicious for investment and buying gold.
Now, in many cases, they give no old jewellery but the bills they get show gold as provided by them, the jeweller's making charge and the GST on that.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
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