The sector will start making operating profits by 2020.
Flipkart's model is a money guzzler
he reason behind the cut in policy rate seems to be a slowing economy
Swiss National Bank shocked the currency markets on Thursday by abolishing their currency -- franc's three year-old cap of 1.20 per euro
India's macroeconomic environment is improving, but it is still not past the point where it can ignore the developments in the global markets
The changes in the ordinance have been made after taking inputs from states suggesting changes to the Act which would make it more industry-friendly
With rest of the world showing no signs of growth and headwinds ahead for US growth, chances are that we might continue to see central banks pumping money into their economies
It would be beneficial for the economy to hold on to high interest rates till inflation numbers are under control.
IT major Infosys on Friday announced a 3.1% increase in profit to Rs 3,096 cr, besides announcing a 1:1 share bonus
Broking firm Jefferies says Indian financial system is now flooded with the kind of liquidity witnessed in 2005-07 and 2009-10
Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
Options data indicates that markets will experience extreme volatility till a clear trend on election results emerges
There are signs that the worst may be over for the company, not withstanding management issues.
Reliance is looking at a cost of Rs 1 lakh per base station, which would be used to transmit telecom signals. Compare this with the existing players who have set up towers incurring a cost anywhere between Rs 5 lakh and Rs 50 lakh, depending on the height and location.
Gap between returns on investment and operational yield shrinking fast; trend to continue for now, say analysts
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