Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.
The rise in India Inc's market value was led by asset-light firms.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
The report found that only 20 per cent of companies supported programmes that aimed to change the behaviour of individuals despite its critical role in eliminating open defecation.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
The limit of indebtedness comes down to Rs 15,000 crore from 2018-19, and then Rs 10,000 crore from April 2019 onwards
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
Consumer businesses come to the rescue of large conglomerates in the midst of a meltdown in commodities.
Strong MF investments, stemming of FII outflows and positive earnings in Q3 have helped market, say analysts.
Promoters increasing stakes is definitely a positive signal for the market and investors.
Analysts expect robust earnings growth from the financial sector.
Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
More and more the buck will stop at the board. Look no further than Infosys, says Amit Tendon.
It is the fundamentals of companies that will drive stock performance.
Experts say a turnaround may happen after the general elections.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
Businesses coming to terms with Ind-AS (Indian Accounting Standards) implementation, GST can do without further uncertainty and costs, say N Sundaresha Subramanian & Sudipto Dey.
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
Here are 15 things that would have made 2015 a great year.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Wonder why corporate India is showering dividends?
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Banking and telecom will see the highest impact of this transition.
In good times, analysts justify valuations giving interesting investment rationale.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
67 companies with total debt of Rs 5.65 lakh cr were either loss-making or didn't generate enough profit to cover interest cost in FY15