Software companies could deliver the numbers in Q2 FY08, but the sector may not outperform over the next year.
Satyam Computer Services on Friday announced a consolidated net profit of Rs 580.85 crore (Rs 5.81 billion) for the second quarter ended September 30, a growth of 42 per cent over the corresponding period a year ago.
India's savings rate which has shown a sharp jump in the last few years is expected to decline to 34 per cent in FY'09, the Centre for Monitoring Indian Economy said in its monthly review.
Private sector lender HDFC Bank on Monday reported a net profit of Rs 464.35 crore (Rs 4.64 billion) for the first quarter ended on June 30, against Rs 321.23 crore (Rs 3.21 billion) in the corresponding period a year-ago.
Change in other variables would help in relaxing the effects of rupee appreciation
Auto major Tata Motors on Thursday reported a 50.65 per cent fall in its net profit at Rs 1,001.26 crore (Rs 10.01 billion) for the 2008-09 fiscal.
Commerce and Industry Minister Kamal Nath has announced the annual supplement to the Foreign Trade Policy.
Infosys' March quarter numbers may have come in a tad below expectations with revenue growth at just 3.2 per cent quarter-on-quarter and a drop in the operating margins owing to an appreciating rupee.
Sunil Mittal-promoted Bharti Airtel on Wednesday said it has reported a 20.85 per cent increase in net profit at Rs 2,239.30 crore (Rs 22.39 billion) for the fourth quarter ended March 31, 2009.
Few doubt that the markets are safe in the long run given the economy's growth path, it is in the short term that there are some fears.
Q2 FY08 will be yet another milestone with skyrocketing growth in sales driven by strong growth in subscribers (33 per cent q-o-q and 50 per cent y-o-y) for the telecom sector.
State-run Oil and Natural Gas Corporation on Monday announced a net profit of Rs 6,636.33 crore (Rs 66.36 billion) in the first quarter ended June 30, a 43.94 per cent growth from that in the corresponding period a year-ago.
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.
BRICS PCG recommends a "Buy" on Infosys Technologies at Rs 2183
Fall in crude prices has eased interest rate worries and that expectation of good Q2 is already factored in the prices.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
Car market leader Maruti Udyog Limited is opting for a new name. The board of directors, at its meeting in New Delhi on Thursday, approved a proposal to change the company's name to Maruti Suzuki India Limited.
Over the past year, McLeod sold 21 gardens in India, reducing almost 32 million kg in production.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
According to Ind-Ra's analysis, credit metrics of hotel companies have showed a downward trend since FY08.
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
Two-wheeler prices are likely to rise by 10-25 per cent on account of higher premiums on insurance and commodity prices, mandatory safety regulations and BS-VI emissions that kick in from April 1, 2020.
'It is a worrying trend as we are not seeing too much fresh capital being raised for new projects, plants, expansion or diversification. It's just private equity or venture capital or promoters cashing out.'
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Barring one, three are debt-free and sitting on large cash reserves.
The mutual fund industry also witnessed record sales.
Only double-income households can buy flats in India's top 8 cities, except Mumbai
The telecom sector's adjusted gross revenues have grown 13.2% year-on-year in the June quarter.
Raising concern about over-dependence of Indian capital markets on foreign institutional investors, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
Vodafone, according to sources, in its response to the Finance Ministry's offer for conciliation, had expressed keenness to settle the long-pending capital gains tax dispute.
During the dot-com bubble, it had touched a high of 1.9.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
Saving is not the same as investing as many people wrongly assume. But what's the difference between the two? How does each benefit you. Larissa Fernand has the answers
The Bombay High Court on Thursday stayed a new income tax demand of Rs 3,000 crore (Rs 30 billion) on Vodafone India Services in an alleged transfer-pricing case from 2010-11.
Wonder why corporate India is showering dividends?
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