News for '-fy16'

10 things to expect from bankers this financial year

10 things to expect from bankers this financial year

Rediff.com7 Apr 2015

Commercial banks have not yet reduced their lending rates.

Big opportunities opening up for Cipla

Big opportunities opening up for Cipla

Rediff.com3 Sep 2014

Respiratory product paves way for launch in larger markets and greater earnings visibility.

Maruti all set for a smooth ride on the back of new launches

Maruti all set for a smooth ride on the back of new launches

Rediff.com10 Dec 2014

Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.

India's 13 biggest cos saw 121 deaths due to accidents

India's 13 biggest cos saw 121 deaths due to accidents

Rediff.com1 May 2019

The 13 firms under consideration had nearly a million employees as of March 2018, including contractual and temporary workforce.

Strong rupee puts revenues, margins of IT firms at risk

Strong rupee puts revenues, margins of IT firms at risk

Rediff.com6 Feb 2015

Analysts factor in 200-300-bps impact on sales in FY16

A record 101 BSE500 firms have skipped paying dividend

A record 101 BSE500 firms have skipped paying dividend

Rediff.com17 Jul 2019

The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.

Dollar revenue growth in IT sector to fall further

Dollar revenue growth in IT sector to fall further

Rediff.com5 Jun 2015

Repeat business from existing clients is not coming easily and companies are still in the process of building digital capabilities

Budget 2021: Gross tax revenues likely to get back on track in FY22

Budget 2021: Gross tax revenues likely to get back on track in FY22

Rediff.com23 Jan 2021

While the tax-to-GDP ratio of 9.88 per cent has been assumed for FY21, the same as last year, when it touched a decadal low, for FY22 a ratio of 10.7 per cent has been assumed, an average of the last five years.

India Ratings pegs current fiscal growth at 7.7%

India Ratings pegs current fiscal growth at 7.7%

Rediff.com27 Apr 2015

India Ratings on Mondy projected a 7.7 per cent growth this fiscal driven by consumption demand.

Covid-19 crisis: Slippages may jump to Rs 5.5 trillion

Covid-19 crisis: Slippages may jump to Rs 5.5 trillion

Rediff.com22 May 2020

The incremental stress is mainly from sectors including power, infrastructure, constructions, hospitality, iron and steel, telecom, and realty.

Pay bonanza for India Inc's promoters and top managers

Pay bonanza for India Inc's promoters and top managers

Rediff.com14 Sep 2016

The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years

RBI is seen to cut rates by another 75 bps

RBI is seen to cut rates by another 75 bps

Rediff.com31 Mar 2015

Growth acceleration will be gradual and it is still early days for a sharp recovery, says Gautam Chhaochharia, executive director and head of India research, UBS.

Earnings shocker likely for markets

Earnings shocker likely for markets

Rediff.com26 Mar 2015

Companies from the capital goods space will under-perform.

Analysts bullish on Tata Motors despite JLR blip

Analysts bullish on Tata Motors despite JLR blip

Rediff.com18 Sep 2014

JLR volumes could hit million units by 2019, stock trading at discount to other premium automakers

The turnaround story of India's largest steel maker

The turnaround story of India's largest steel maker

Rediff.com29 Dec 2020

The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The chairman said he also wants to see SAIL paying back at least 50 per cent of its debt in the near future. Chaudhary who had joined SAIL as a junior manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles.

Centre's divestment plan: A stress test for zombie steel plants

Centre's divestment plan: A stress test for zombie steel plants

Rediff.com30 Apr 2021

With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.

Sikka towers over peers in salary stakes

Sikka towers over peers in salary stakes

Rediff.com10 Feb 2017

In 2015-16, Sikka as CEO took home Rs 48.73 crore as salary (including, bonus and incentives), which is the highest among peers.

Basmati sowing likely to go up 25% in FY18 on high demand, normal monsoon

Basmati sowing likely to go up 25% in FY18 on high demand, normal monsoon

Rediff.com21 Apr 2017

The industry expects Iran to purchase at least 1 million tonnes this financial year

Sensex logs gains for 5th day in choppy trade, up 72 points

Sensex logs gains for 5th day in choppy trade, up 72 points

Rediff.com30 May 2016

The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each

June quarter GDP to be at 6 %; FY15 GDP at 5.4%: BofA-ML

June quarter GDP to be at 6 %; FY15 GDP at 5.4%: BofA-ML

Rediff.com21 Aug 2014

The report further said that confidence is improving, while risk aversion is falling and has upgraded industrial production to neutral from negative.

Infra, rural push may boost core sector

Infra, rural push may boost core sector

Rediff.com1 Mar 2016

Core sector companies have seen volumes drop to single digit in the first nine months of FY16.

India's telcos continue to dial the wrong number

India's telcos continue to dial the wrong number

Rediff.com2 Aug 2020

India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.

The Oberoi is yet to get its glory back!

The Oberoi is yet to get its glory back!

Rediff.com10 Aug 2018

An industry executive said The Oberoi had a lot of C-Suite guests and most such companies decide to give a new or renovated property some time to stablise before they start booking.

In India, 15 of the top 20 business groups are family-owned!

In India, 15 of the top 20 business groups are family-owned!

Rediff.com18 Aug 2016

Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.

Sensex posts best gain in nearly 3 months on better monsoon forecast

Sensex posts best gain in nearly 3 months on better monsoon forecast

Rediff.com25 May 2016

Above normal monsoon forecast and strength in Asian equities lifted sentiments.

Q4 earnings: TCS delivers, but is it enough?

Q4 earnings: TCS delivers, but is it enough?

Rediff.com19 Apr 2016

Most positives seem to be factored into current valuations.

How tepid realty market is hindering Air India revival

How tepid realty market is hindering Air India revival

Rediff.com19 Mar 2014

Asset sale plans lag target in both current and next financial years; the airline had a three-year plan to monetise assets worth Rs 5,000 crore (Rs 50 billion) by March 2016.

Sensex, Nifty outperform global peers

Sensex, Nifty outperform global peers

Rediff.com20 Apr 2016

The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.

TUV 300 may not be a game changer for Mahindra so soon

TUV 300 may not be a game changer for Mahindra so soon

Rediff.com14 Sep 2015

HSBC analysts believe the UV which might sell about 3,000 units a month might fail to be an aspirational product in urban India.

Airlines will be in red this year too but losses will be lower Y-o-Y

Airlines will be in red this year too but losses will be lower Y-o-Y

Rediff.com23 Oct 2015

Airlines will report losses in FY16 but 35% less Y-o-Y

Advertisers bet big on rural India

Advertisers bet big on rural India

Rediff.com17 Mar 2016

Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.

4 capital goods stocks that look attractive

4 capital goods stocks that look attractive

Rediff.com15 Mar 2016

While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.

Major grocery retailers' sales rise, losses continue

Major grocery retailers' sales rise, losses continue

Rediff.com10 Nov 2014

Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.

India to meet this year's fiscal target? Few factors that favour

India to meet this year's fiscal target? Few factors that favour

Rediff.com9 Oct 2015

Fiscal situation better but spending cuts likely in FY16 too.

Why Sun Pharma stock will remain under pressure

Why Sun Pharma stock will remain under pressure

Rediff.com24 Dec 2019

The weakness in the stock was because of inspections by the American drug regulator at its Halol plant in Gujarat which resulted in eight observations, as well as a downward revision of speciality drug payoffs.

Infosys plays catch-up with rival TCS

Infosys plays catch-up with rival TCS

Rediff.com3 Sep 2015

One of the reasons is the increasing number of upgrades in analysts' recommendations.

Only 7 days of lockdown, but Q4 a red quarter for most of India Inc

Only 7 days of lockdown, but Q4 a red quarter for most of India Inc

Rediff.com6 Jul 2020

Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.

The Jio effect? Vodafone India gets Rs 47,700-cr war chest

The Jio effect? Vodafone India gets Rs 47,700-cr war chest

Rediff.com23 Sep 2016

This equity capital infusion is the country's largest-ever FDI.

After spike in Q3, investments to fall in Q4 as projects stall

After spike in Q3, investments to fall in Q4 as projects stall

Rediff.com5 Jan 2016

Private sector investment is likely to improve mildly in H2 of FY17, even though signs from investment data are not encouraging.

RIL, HDFC Bank pay more advance tax in Q2

RIL, HDFC Bank pay more advance tax in Q2

Rediff.com16 Sep 2016

Top corporates have paid more advance tax in second quarter this year.