Valuations are much higher than the consensus earnings expectations warrant and also much too high in historical terms, says Devangshu Datta.
Bloodbath in Gaza continued unabated today with Israel and Hamas refusing to back down in the conflict that has killed over 660 Palestinians and 31 Israelis, even as US Secretary of State John Kerry said his ceasefire negotiations in Jerusalem were making progress.
The bigger worry is that the miss for FY19 is likely to be significant even after assuming macro factors such as crude oil prices, rupee, input costs, and interest rates, do not worsen from the current levels, reports Vishal Chhabria.
'I'm an unbalanced human,' the founding partner of AZB, India's top law firm, tells Pavan Lall.
News of all that's transpired on and off the football field
Airline wants to fly to West Asia, Southeast Asia.
'If every city had the strongest tools that are currently available only to a few, the world's climate prospects would glow far more brightly.'
"We are willing to speak to any of their leaders," Jaitley was quoted as saying by Bloomberg News.
Tencent reinforces India's consumer internet story. Ranju Sarkar reports.
According to the RBI's Financial Stability Report, the industry's gross bad-loan is at a 14-year high. As RBI's March 2017 deadline for banks to clean up soured credit looms closer, Shailajanand Mishra takes stock of just how bad the situation is.
Foreign leaders who witnessed it later commented privately on the oddity of an American president flaunting such a close rapport with his Russian counterpar
Even after the recent developments at Infosys, both companies are expected to deliver similar revenue growth in FY17
Attractive pricing coupled with improving prospects make the offer lucrative
Indian companies are now more confident about the execution skills of local banks.
The private companies announced projects worth Rs 11.33 lakh crore (Rs 11.33 trillion) during 2014-16.
Oracle, Google and Microsoft offered plum international offers to students at leading IITs in the country.
TCS said FY15 will be a better year in terms of top line growth and the deal pipeline remains strong
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
Maruti has improved its sales in the recent past.
'The Post's coverage is not an authentic public discourse guided by unbiased Western intellectuals, but a slanted doomsday propaganda orchestrated by Indians and expatriate Indians,' argues Vivek Gumaste.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
Brokerages expect better financials as management is determined to improve profitability.
Almost a third of the company's capex was stuck in this project
The S&P BSE Sensex plunged 128 points to end at 25,102.
Historically, overall credit has grown at 1.6 times GDP growth
The company has signed deals Mint and digital television network Ping.
Reports said that the two hotels can fetch up to $1 billion.
News of all that's transpired on and off the football field
Did Saudi state television blur Michelle Obama's face?
While TCS will see demand in the US and Europe, its local business is likely to be hit on poor IT spending.
Vision 2025 to focus on four clusters; aim is to join the global club of top 25 companies.
All shares held by SBI in the five associate banks will stand cancelled after merger.
Company's revenue growth is likely to be volatile going ahead
It's debatable whether going back in time -- twice in a span of four years -- by bringing back a once-proven leader at the top is the correct thing to do when Infosys desperately needs to be made future-ready.
The management, however, is a bit wary about near-term performance.
He was responding to a question on economic reforms in the country.
Good growth in BFSI segment, favourable currency to aid the company in Dec quarter
Low gas prices and weakness in petchem margins lead to lower earnings estimates for GAIL.
Global Food Price Index showed a sharp jump in June.
A rising rupee is a tailwind for dollar investors.