According to the global financial services firm, FY16 would be a notable year for India with gradual improvement in economic growth and declining inflationary pressures amid falling global commodity prices and policy initiatives.
The budget was negative for the FMCG sector.
Companies investing Rs 100 crore or more in plant and machinery during the period FY14 and FY15 will be entitled to deduct an investment allowance of 15% of the investment.
Indian paper industry is seeing good demand.
Morgan Stanley, the global financial services company, says India's largest private sector company (by market value) might lose 11 per cent of its earnings per share in 2014-15 earnings estimates if gas prices remain at $4.2 a unit.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
Among IT services firm, Cognizant witnessed over 60 per cent of its initial applications rejected, followed by Capgemini, Accenture, Wipro, and Infosys. In 2018, the top six Indian firms got just 16 per cent or 2,145 H1B work permits.
The brokerage also pegged 2013-14 growth at 6.9 per cent and at 7.5 per cent for FY'15. It also has one of the highest gross domestic product forecasts for the current fiscal at 5.7 per cent.
Converts part of fixed salary component into variable one
Official data released on Friday said the GDP is estimated to have grown by 5.7 per cent for the April-June period, as against a 4.6 per cent growth notched for the same period year ago.
The union government is expected to cut two per cent import duty in gold in the forthcoming budget, as local jewellers run out of inventory, a leading US brokerage said.
The group companies now lead the market capitalisation league table in sectors such as ports, power generation, gas distribution and transmission, and power transmission and distribution, ahead of incumbents in both public and private sector. This has Gautam Adani family the second wealthiest in business in India.
However, the budget arithmetic is slightly optimistic.
The staggering Rs 35,000-crore (Rs 350-billion) debt of RCom makes it the most indebted telco in the country, and constitutes nearly 10 per cent of the industry's debt of Rs 3.5 trillion.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
This was the companies' highest loss in two years.
The decision to deregulate the diesel prices is expected to bring the oil subsidy down Rs 15,000 crore (Rs 150 billion), the agency said, adding the ongoing correction in global crude prices will also result in sizable gains for the government.
Money sent abroad rises sharply in July; maintenance of close relatives, education expenses top the chart
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
India's budget could have been more ambitions on the fiscal front.
CPI inflation will remain below the target of 6 per cent set for January 2016.
After a robust Q4 FY14, thanks to election spends on advertising across platforms, media entities might see slightly lower ad revenue growth at 12 to 14 per cent.
Lower IT exports will raise India's dependence on capital flows to fund imports.
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
The fees for facility inspection of foreign companies have been reduced
Even as good days continue to elude the economy at large, they seem to have arrived for Maruti Suzuki.
According to Icra, domestic passenger traffic declined by 1.1 per cent in March, overall traffic saw a de-growth of 0.1 per cent in the month as international aircraft movement dipped by 1 per cent while domestic aircraft movement was flat.
Says operating environment for Indian corporate sector has improved during FY15
UBS said RIL's $10 billion petchem capex by 2016 will drive 12 per cent volume CAGR.
Vodafone India on Tuesday reported an 11.7 per cent growth in its revenue at Rs 20,746.9 crore (Rs 207.46 billion) for the April-September period of this fiscal on the back of data revenues, customer additions and stable pricing.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
According to the global financial services major, after the BJP's 'historic' election victory on May 16, hope for structural reforms has gone up.
Product launches to drive incremental volume growth for players such as Maruti Suzuki; medium and heavy commercial vehicle revival on track.
In Q3, E&P business accounted for just 1.5% of gross revenue
Almost a third of the company's capex was stuck in this project
The government had pegged food subsidy at Rs 90,000 crore (Rs 900 billion) in the 2013-14 Union Budget.
Nandita Gurjar, Sanjay Purohit and Gautam Thakkar among "potential exit candidates".
Infosys has been struggling to revive high growth for two years.
Wipro, India's third largest information technology (IT) services company, is expected to continue with its strong show during the October-December quarter of financial year 2014.
