Data released by the Life Insurance Council reveals that the total pension premium for the life insurance industry saw a growth of 159 per cent at Rs 22,268 crore (Rs 222.68 billion) for FY07 compared with Rs 8,568 crore (Rs 85.68 billion) in FY06.
HDFC Bank on Monday reported a 31 per cent increase in net profit at Rs 199.64 crore (Rs 1.99 billion) for the quarter ended September 30, 2005 when compared with Rs 152.29 billion in the quarter ended September 30, 2004.\n
Tata Motors on Tuesday reported a 13.7 per cent increase in total vehicle sales for the fiscal ended March 31, as compared to the previous fiscal.
Corporate India's payout surged 22 per cent in 2006-07, with more than 50 per cent of the companies raising their dividends
India Inc created a new record by mobilising Rs 24,993 crore (Rs 249.93 billion) in FY06-07, which is higher by as much as 5 per cent compared with the previous year's Rs 23,676 crore (Rs 236.76 billion).
Companies post the slowest sales growth in four years, profits low, too. The last financial year has been the slowest year in four years for corporate India, according to the financial results for 1,354 companies released so far. Cumulative net sales grew by 18.2 per cent in fiscal 2007-08, in contrast to the 29.3 per cent growth in the previous financial year, 21.1 per cent in FY06 and a rapid 31.5 per cent in FY05.
Railway Minister Lalu Prasad Yadav presented the Railway Budget for 2005-06 in Parliament on Saturday.
The strong correlation between its sales (revenue or turnover) and crude oil prices (average for the financial year) suggests that Ambani may be proved right.
Maruti Udyog has posted a net profit of Rs 376.41 crore for the third quarter ended December 31, 2006 when compared with Rs 339.01 crore in Q3 FY06.
Tata Motors on Monday reported consolidated revenue (net of excise) at Rs 7,702.66 crore (Rs 77.02 billion), an increase of 42 per cent as against Rs 5,428.88 crore (Rs 54.28 billion) in Q2 FY06.
Now that everyone on the Dalal Street is 'revising' the target for the benchmark BSE-30 upwards, especially after a good Budget, the premise of the same has to be questioned.
"The estimate for the male to female ratio in the next two years is that it will be closer to 60:40 ratio but will still result in the absolute numbers of men being higher than women," the Internet and Mobile Association of India survey said.
Dr Reddy's Laboratories on Saturday reported a 93.79 per cent increase in consolidated net profit at Rs 90.91 crore (Rs 909.1 million) for the second quarter ended September 30, 2005
Hindustan Petroleum Corporation on Saturday reported a net loss of Rs 22.14 crore (Rs 221.4 million) for the second quarter ended September 30, 2005 as against a net profit of Rs 294.31 crore (Rs 2.94 billion) in the quarter ended September 30, 2004.
Jet Airways India on Saturday reported a 11.4 per cent decline in net profit at Rs 68.59 crore (Rs 685.9 million) for the second quarter September 30, 2005 as against Rs 77.42 crore (Rs 774.2 million) in the quarter ended September 30, 2004.
Videsh Sanchar Nigam Ltd has recorded 3.29 per cent growth in net profit at Rs 91 crore (Rs 910 million) for the second quarter ended September 30, 2005.
Housing Development Finance Corporation on Tuesday reported a 20.49 per cent growth in net profit at Rs 298.98 crore
HDFC Bank on Tuesday reported a 31.28 per cent increase in net profit at Rs 224.40 crore (Rs 2.24 billion) for the third quarter ended December 31, 2005 as against Rs 170.93 crore (Rs 1.70 billion) in Q3 FY05.
In five years, per-employee revenue for IT companies grew at 9 per cent each year.
UTI's legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Indian companies typically have higher return on equity.
Indian economy about to take-off
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