Telecom and petchem businesses will drive growth for RIL.
BSE Auto index fell over 0.5% after reports that automobiles might get costlier post GST
UBS reiterated its Nifty target of 9,200 by December as it expects growth to gather steam
An additional lease rental of Rs 200 crore on nine Boeing 787 Dreamliners was the reason for ending in the red this quarter, Arindam Majumder reports from New Delhi.
Sabarmati railway station is the venue for the ground-breaking ceremony, be chaired by Modi and Abe, of the Rs 98,000-crore Ahmedabad-Mumbai high-speed rail project.
Unless RBI temporarily relaxes the norms on recognising of bad loans, the pressure on this front could rise in the December quarter.
Analysts said the higher capex by PSUs, along with government spending, could trigger a capex revival for the corporate sector by the second half of FY17
Almost a third of the company's capex was stuck in this project
Against FY17 target of Rs 56,500 cr, Centre plans to fetch around Rs 6,400 cr in the first half.
'It is going to be as high as 50% in the coming one or two months and can be about 20% to 25% in the medium term.'
Bank of Baroda has relatively better position on impaired assets.
With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.
Maruti Suzuki growing in double-digits; Suzuki's Japan Q1 top line rose only 1%.
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
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
Company expects to be back to industry leading growth in FY17.
The BSE Mid-cap index gained 1.1% while the Small-cap index surged 1.3%, outperforming the benchmark indices
Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
Car makers see a dip in demand from their biggest buyers, Ola and Uber. Demand from aggregators weakened for a number of reasons after a strong growth last year.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
GST impact: Higher lease payouts may hit airlines, cab aggregators.
Interest rate sensitive stocks gain ground post decision
Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients.
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables
Aggressive rate hikes by the US Federal Reserve could result in a flight of capital from emerging markets like India, says B Gopkumar, chief executive officer, Reliance Securities.
The consolidated entity can target good growth FY18 onwards, analysts say.
Financials and auto stocks were the top losers while energy and IT shares recovered
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
Rising oil prices and diminishing cash pile to limit capacity in 2018-19
Cement shares have been outperformers on the stock market
All shares held by SBI in the five associate banks will stand cancelled after merger.
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.
The non-watchlist stress emanated from over five year-old loans in the iron and steel, infrastructure and construction sectors.
The management, however, is a bit wary about near-term performance.
Godhwani's exit comes at a time when the company's fund raising plans and proposed related party transactions are under scrutiny, says N Sundaresha Subramanian.
Good growth in BFSI segment, favourable currency to aid the company in Dec quarter
While most analysts remain positive on TCS and Infosys, they are cautious on Wipro.
Equity markets in Pakistan and Bangladesh are tiny compared to the market capitalisation of the Indian equity market.
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.