'The $80,000 revenue per employee we will get through quite easily.'
Sharma would be 60 in November 2018, and would have completed 10 years as Axis Bank's CEO the following year in June.
Government's food subsidy bill tends to rise in tandem with the MSP increase.
The company has charted out a three step process in achieving the target
Government's effective supply-side measures and commendable commitment to fiscal consolidation will have a salutary impact on inflation, says the RBI report.
Sun Pharma profit down 30% over compliance costs, lower sales.
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
Revenues rose 7.7 per cent to $1.54 billion during the review period, from $1.43 billion in the corresponding quarter last fiscal.
The agency has predicted that monsoon will also be a major factor.
The government had projected the GDP growth to be at 8.5%.
Industrial production (IIP) grew to a three-year high of 6.4 per cent in August, up from 4.1 per cent in July.
This time, five states, including Tamil Nadu, have requested the Centre to delay the pay hikes.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
This amendment is proposed to be made retrospectively effective from FY16 onwards.
The mutual fund industry also witnessed record sales.
Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.
'No private project will take off at such high interest rates'
Modi sarkar will have to undertake reforms to prove its mettle.
The loss of income has severely dented the loan repayment ability of small borrowers
Zydus Wellness looks for a wider berth in the country's burgeoning beauty market, redesigns and rebrands its flagship brand
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows.
The excise duty collection grew by 81 per cent in first quarter against the budgeted 21.7 per cent.
Domestic jet fuel prices are up 7%, but are still 14% lower on a y-o-y basis. While lower fuel prices have brought respite to airlines, their non-fuel costs are rising because of rupee depreciation
The public has benefited from this decline in crude oil, which has translated into lower prices of petrol and diesel.
The agency has also retained 'stable' outlook for the country's ratings.
At Rs 18,400 per share, value up 100 times since Lehman crisis
Monsoon session of Parliament expected to be stormy and likelihood of GST Bill and Land Bill getting passed are slim
Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
During the 11 years ending FY15, Tata Sons cumulatively earned dividend income of around Rs 31,500 crore from TCS.
Bankers say outward remittances is confusing but can still be attributed to perception of stability in Indian economy.
Sensex in green, JSW climbs higher.
There are serious issues in the economy which need to be addressed
Top 5 losers include Lupin, Cipla, Sun Pharma, Dr Reddy's Lab and GAIL down 1.6%-11%.
Analysts, however, said the timing of the infusion was good.
Fresh investments are constrained by tepid demand.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
Insufficient rainfall will have a negative impact on the economy.
Zomato is far behind the numbers it promised to its investors for FY16.
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