TCS' brand value grew 286 per cent from $2.3 billion in 2010 to $9.04 billion in 2016
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
Smaller stocks continue to shine at the bourses. The BSE MidCap index is up 18 per cent since the beginning of January this year against a 5 per cent rise in the Sensex during the period. With the current rally, the mid-cap index has doubled in value since the end of March 2020 against a 70 per cent rally in the Sensex during the period. On Tuesday, the mid-cap index closed at 21,232, as compared to 17,941 at the end of December 2020. In the same period, the benchmark index moved from 47,751 to 50,193.
Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
The weakness in the rupee and broader markets has led to evaporation in the market cap.
Infosys said on Monday it would buy Panaya Inc, a New Jersey-based provider of automation technology, for an enterprise value of $200 million
Titan's sarees will ride on the parent brand's immense equity and deep penetration to crack open the potential Rs 550 billion market.
The car is expected to hit the road on October 23 and is being launched as Hyundai celebrates two decades in the country. Industry sources say that it will be priced at Rs 3,70,000 to stay competitive with its biggest competitors, Tata Tiago and Maruti Suzuki Celerio.
TCS, HDFC Bank, Infosys and Kotak Mahindra Bank were the other firms in the top-10 list which witnessed a rise in their market capitalisation. On the other hand, HUL, HDFC, Bharti Airtel, ITC and ICICI Bank finished with losses.
RIL was placed at number one position, followed by TCS, HDFC Bank, HUL, HDFC, ITC, State Bank of India, Infosys, Kotak Mahindra Bank and ICICI Bank.
At a time when software companies were reporting disappointing results on account of this, an unperturbed Chatterjee said Tata Steel would reap significant benefits from the new exchange rate, which would be disclosed with its results.
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
Shares of ITC ended 1.65 per cent higher at Rs 330.20
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Here's how the carmaker plans to cover lost ground.
Real estate experts say rentals have corrected by 5-10 per cent across formats, including office, retail and housing, with a pick-up expected over the next few quarters as the economy recovers.
Mjunction plans ventures for chartering ships and selling tea to businesses.
Customers, instead of visiting showroms, now do most of their decision-making in the comfort of their drawing rooms using internet
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
Funding Indian start-ups has slowed down.
Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
Developed markets have performed better than emerging market firms in the top 10 TSR-based rankings, says a BCG report.
What will be the impact on the Euro itself? Will it devalue and to what extent?
Tatas, Adani, Bharti, HDFC and Sun Groups have clocked huge gains.
Air India buyer has to take over interest-bearing debt of Rs 16,500 crore a large portion of which is aircraft related, meaning they are backed by aircraft value
'For how long can investors fund loss-making companies?'
How do you decide if you should take up a new job in these difficult times? HR guru Mayank Rautela has some tips that could help you decide.
ITC, TCS and HDFC Bank emerged as the biggest gainers during the period.
'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
With a market cap of $60 billion, exceeds Accenture and HP but trails IBM
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tata Steel had made an offer to buy out UK-based Corus at 455 pence per share taking the enterprise value of the company to $10 billion.
The strident support from the hotels comes at a time when the industry is itself caught off guard with a sharp dip in both in-bound traffic from foreign markets, reduced domestic traction as well as a total shut-down of MICE business that has led the country top players by market cap to lose over half their value in just a little over a month.
More than just a legacy brand in commercial vehicles, Ashok Leyland wants to be seen as an old brand embracing new values.
Corporates understand that the PMO drives all key decisions in this government.