He did not believe in any fiscal puritanism. In 2012, when it was almost certain that the government will breach the 2012-13 fiscal deficit target, he wrote that in abnormal times, abnormal measures are required to get back to normalcy.
Attractive pricing coupled with improving prospects make the offer lucrative
Overall, Tata Steel becomes the seventh non-financial firm, including four oil PSUs to report quarterly revenues of Rs 50,000 crore.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
Some make for good investment ideas even after a strong run-up but others could see gains fizzling.
70% reduction to cover low-cost devices, aimed at stronger foothold in tablet market
'The promises of netas and babus and new laws, however well-meaning, mean little.' 'What matters is implementation on the ground.' 'Every law is finally implemented by a vast army of offici
Assets that are on the block include loans, proprietary bond and equity investments.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
Despite a rise in input costs, leading car-makers refrain from hiking their price.
Continued outflows amid moderation of domestic investments are a concern
The entrepreneur, who draws a minimum wage, won't be paid if he doesn't meet ambitious goals. But...
Indian companies are now more confident about the execution skills of local banks.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
Brokerages expect better financials as management is determined to improve profitability.
Loss takes analysts by surprise, as they were expecting the bank to post a net profit of Rs 19 billion.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
Markets ended in red, index heavyweights drag.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
Software services industry may have to relook its cost structure to maintain a higher margin.
Today, they can't meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business. Bulk of the trades are put through e-platform offerings of Reuters, Bloomberg, JPMorgan, Barclays or Deutsche Bank. And they have the web-based FXall, FXconnect, Atriax, Hotspotfx and LavaFX for company.
According to industry experts, companies in sectors such as consumer durables (fans, air-conditioners), power cables and the electrical industry will be hit, given that they are big users of copper.
Maruti has improved its sales in the recent past.
A rising rupee is a tailwind for dollar investors.
They'll be increasingly define everything from products to politics of this country.
Liquidity has improved, but 20 out of 24 NBFC stocks are staring at an over 5% reduction in 12-month target prices.
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.
Vision 2025 to focus on four clusters; aim is to join the global club of top 25 companies.
FIIs pump in $1.4 billion in March, after pulling out $2.9 billion in Jan-Feb.
Apart from digital advertising revenue, both companies want to reach out to the 'next billion' Indian customers. After all, around half of the 1.3 billion population is still not on the net and this represents a challenge as well as an opportunity.
Tesla's Model 3 sedan, scheduled to roll out later this year, will be critical to founder Elon Musk's ambitions to transform his company from a niche car-maker into a mass-market manufacturer.
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
Tencent reinforces India's consumer internet story. Ranju Sarkar reports.
Most Asian markets were trading weak on Monday.
Government sources say India could consider raising the policy repo rate if the rupee falls towards 61-62 to the dollar.
The bid by Facebook highlights the company's efforts to accelerate its push into video as it tries to take advertising dollars from television and increase the time people spend on its platform.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
The People's Bank of China cut its daily reference rate for the currency by a record 1.9 per cent, the biggest loss since January 1994.
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