IndianOil Corp Ltd, for instance, saw a growth of around 22 per cent in volumes and nearly two per cent in its market share. It traded nearly 10,517 million tonnes (mt) of auto gas in December against 8,593 mt of auto gas in September.
Notwithstanding the presence of global steel giants like ArcelorMittal and Posco in the country, domestic steel firms are still "better placed" to grow in the lucrative Indian steel market, global research firm Macquarie says.
The Bombay Stock Exchange today said 10 companies on its recently launched IPO index to track newly listed companies for the first two years would be excluded after completion of their term.
No one is saying the steel industry is out of trouble. The financial crunch continues, and coupled with high cost of input, severely affected the first-quarter profits of steel companies. But most agree with Tata that the signals are encouraging.
Industry analysts say the companies are watching the situation.
Japanese information technology companies are mapping out a new base to outsource software development in India, according to Nihon Keizai Shimbun Monday.
Under the scheme, the government provided incentives of $1,000-5,600 directly to those buyers who were willing to trade their old, gas-guzzling vehicles for new, fuel-efficient vehicles. Indian auto bigwigs, including Tata Motors and Mahindra & Mahindra, among others, through the association of the Society of Indian Automobile Manufacturers (Siam), had approached the government to implement a similar programme. However, they are yet to succeed.
Firms, foreign and Indian, reiterate they follow the rules fully. Earlier, SC had rapped govt for gaps in law and enforcement, including on compensation.
The top 200 IT companies in India logged a combined revenue of USD 84 billion (Rs 384,250 crore) to achieve an average growth rate of 25 per cent in 2010-11, the highest in the past four years, according to a survey.
The Companies Act Amendment Bill, which was tabled in Parliament in the Budget session that adjourned last week, has proposed to allow Indian companies to merge with overseas companies, a move that could introduce greater flexibility in cross-border merger and acquisitions.
Although it is mandatory for companies to file quarterly figures along with annual results with stock exchanges, some companies had only been filing annual numbers.
The method relies on investors - voting with their wallets - to identify the companies they expect to be innovative today and in the future.
'To which brother will the senior Reliance executives be loyal to is the question. But it's too early to tell, says Ramesh Shrichand Damani.
These firms are already affected by falling margins, delays in getting orders and the ongoing financial crisis in their second-biggest market, Europe.
The 12th Five Year (2012-17) Plan adopted by National Development Council said on Thursday, "Natural gas prices charged to producers must be determined by market forces".
Concerned over the escalating competition from India and China, a top US official has asked the American companies to "flex muscles" and tap the expanding middle class in these countries.
Giving another boost to the great Indian growth story, seven domestic firms have been named as the emerging global challengers to the world's leading blue chips by the global equity research major Standard and Poor's.
An over-capacity situation in China would dent India's drive to ramp up exports.
9 top-valued Sensex cos see Rs 93,000 crore m-cap erosion
Analysts say they have more product ideas, nimbler market responses than the giants.
The move will strengthen its revenues by about $100 million.
Average salary of the 100 best-paid directors is 1% of their companies' net profit.
Bharat Forge and and Motherson Sumi have market caps ahead of Delphi and Vistion in the US.
According to a mid-year survey on 'Performance & Reward Trends' by Hewitt Associates, companies across industries are strongly differentiating rewards on the basis of performance but majority of them are not considering any layoffs or severe salary cuts in current fiscal. The survey revealed that 16 per cent of the companies surveyed have a salary freeze and were mainly organizations in the financial services, IT and ITeS sector.
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Each company has tied up for different quantity and different quality of diamonds.
Aviation companies are set to get a major relief from high aviation turbine fuel prices. Following a steep decline in crude oil prices, oil marketing companies are looking to cut ATF prices by 5-6 per cent, or Rs 2,000-2,500 a kl across various cities beginning Thursday, said industry sources.
But the fear of less-than-normal rain hitting rural demand continues to haunt the industry.
Goa, which has failed to draw IT giants as they required huge land requirment, is attracting huge investments from several smaller companies.
The Commerce Ministry earlier this week commissioned a study to assess the impact of free trade agreement with South Korea, with which India had a trade deficit of about $9 billion in 2012-13.
Overseas investment by Indian firms increased by about 59 per cent in May to $3.7 billion, with Gammon, Tata Steel and Religare among the top investors abroad.
Commenting on the Sebi's direction, Taurus Mutual Fund managing director R K Gupta said the companies coming out with these instruments will have to meet disclosure norms as per the listing agreement with Sebi like coming out with quarterly results and other price-sensitive information.
Out of the 192 mining leases of iron and manganese ores in Odisha, 94 do not have environment clearance.
Pakistan has brushed aside claims by opponents of privatisation that NRI steel baron Lakshmi Mittal was behind a Russian company's takeover bid
Mah, Dellhi have highest active firms
The prospects for investment, capacity utilisation, production, employment and exports as elements that build up the business confidence were also looked into by the survey. The survey revealed that 30 per cent of the respondents plan to increase investments during April-September 2009-10.
Asked about US President Barack Obama's proposal on tax restructuring, Chowdhry said he does not expect the move to affect Indian companies.
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