The company also does not have a target on the number or percentage of the working staff when it comes to women, it said.
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.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
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.
Converts part of fixed salary component into variable one
This was the companies' highest loss in two years.
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.
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.
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.
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.
This is the biggest equity-raising exercise by an Indian corporate within a financial year. The fundraising - led by Citibank, Goldman, Kotak and Axis Capital as bankers - will see participation by foreign and domestic institutional investors.
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.
Money sent abroad rises sharply in July; maintenance of close relatives, education expenses top the chart
Analysts say that PMC Bank case is only going to make matters worse for HDIL and the Wadhawans.
In the aftermath of the PMC Bank mess which was in the RBI's highest rating of 'A' category, trustworthiness of these ratings may be up for a review.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
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.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
Ghost beneficiaries aren't the only kind of issue companies face during a period of unprecedented CSR spending, touching nearly Rs 12,000 crore in 2018-19. Frauds related to procurement, construction, and end-use of funds have had companies engaging forensic auditors to keep tabs on how money is spent, revealed conversations with those involved in such investigations. Firms are also increasingly strengthening their own capabilities to better implement their programmes.
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.
Lower IT exports will raise India's dependence on capital flows to fund imports.
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.
The fees for facility inspection of foreign companies have been reduced
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
Even as good days continue to elude the economy at large, they seem to have arrived for Maruti Suzuki.
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.
UBS said RIL's $10 billion petchem capex by 2016 will drive 12 per cent volume CAGR.
Says operating environment for Indian corporate sector has improved during FY15
According to the global financial services major, after the BJP's 'historic' election victory on May 16, hope for structural reforms has gone up.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
Almost a third of the company's capex was stuck in this project
Product launches to drive incremental volume growth for players such as Maruti Suzuki; medium and heavy commercial vehicle revival on track.
FMCG has been behaving unlike a defensive category in recent quarters.
Commercial banks have not yet reduced their lending rates.
In Q3, E&P business accounted for just 1.5% of gross revenue
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