In 2015, India chemicals industry had a market size of $144 billion.
ICICI Bank puts up a good show in Q4.
US brokerage Bank of America-Merrill Lynch on Tuesday said its sees the first rate cut this fiscal only in March next as inflation is expected to fall only by December end on a decline in commodity prices driven by the US Fed tapering.
The regulator budget is projected to have deficit of Rs 76.6 cr; fee hike will help turn this into a surplus of Rs 105.7 crore.
HDFC Bank becomes first Indian lender to develop mobile banking app for Apple's latest offering in India.
Shares of IT major TCS on Friday tumbled over 8 per cent after its September quarter numbers failed to meet market expectations.
Attractive pricing coupled with improving prospects make the offer lucrative
'Is the tech wonder of our times headed for trouble?' asks Ajit Balakrishnan.
Sunil Munjal will pursue new business interests and lead Hero Corporate Services as its chairman.
BofA-ML revised its end-2015 rupee-dollar forecast to 60 from 64 earlier.
The Chinese currency too is expected to continue its fall.
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
The Reserve Bank of India is likely to cut policy rates by 0.25 per cent and keep the cash reserve ratio unchanged at its policy review next week, on the back of slower-than-expected growth and more encouraging inflation readings, says a report by HSBC.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
4 Ranbaxy facilities in India have been barred from exporting to US.
The auto component sector grew at 5-6 per cent last year against a 13 per cent growth in 2012.
It records 4,000 transfer passengers daily at Delhi hub.
$10 billion TAPI pipeline unlikely before 2020
In the mid-quarter review on December 18, the Reserve Bank left key policy rates unchanged but said it will hike interest rates if inflation does not subside.
Government's push for Make in India which focuses on select 26 sectors and improving the 'ease of doing business' will aid the manufacturing/industrial growth.
The onus to explain that the gold jewellery was inherited or bought from known sources of income would be on the owner.
The total dividend income for seven firms grows 25%.
The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.
As the Reserve Bank maintained a status quo on key policy rates, analysts said higher demand due to supply constraints will not allow inflation to ease as quickly as anticipated and the apex bank may be forced to increase rates once more by the year-end.
Maruti Suzuki growing in double-digits; Suzuki's Japan Q1 top line rose only 1%.
Brokerages expect better financials as management is determined to improve profitability.
Dividend pay-out by the group companies grew at a compounded annual rate of 15.7% under Cyrus, sharply up from 2.5% in the previous three years
Drop in oil prices and the government's reform agenda has helped India to be out of the Fragile Five group
Reliance has around 90,000 telecom towers now, half of which are operational and owned by the RIL and rest on lease.
Pawan Hans could command a valuation of 8-10 times earnings.
Infosys, HCL might fare marginally better than TCS.
Infosys is yet to announce its 2014-15 results.
Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses.
While the April-February deficit is pegged at 5.3 per cent of GDP, the final print may be a tad lower due to revenue push and expenditure cuts seen in March, the last month of 2013-14 fiscal year, it said.
Bajaj Auto's margins are expected to expand 100 basis points, as volumes have recovered.
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Analysts see FY16 CAD at 0.5-0.6% of GDP.
Infy board gets law firm to probe 'lapses', appoints Cyril Amarchand Mangaldas to engage with founders.
Bhargav Dasgupta, managing director and chief executive officer of ICICI Lombard, tells Subrata Panda, in an interview that the company has adequate capital for now and does not see a need for fresh infusion through markets over the next few years.
Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
Inflation trajectory does not match the slump in demand, prolonged pause on rates likely.
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