'It is systematic chaos, it is organised chaos.'
Rising prices of international coal - both coking and thermal - used in the making of ferrous and non-ferrous metals, respectively, are expected to have an impact on margins of metals companies in July-September quarter (Q2) as steel companies may see margins getting eroded, while the base firms could stand to benefit, said brokerages.
Rupee breaching the 58 to a dollar will negatively impact companies like Adani Power and Tata Power.
Last year SBI's credit growth was 15.6 per cent.
US data suggest recovery, but politics might intervene
Scanty rainfall, last year's lockdown, growing competition from Nepal and the disaster of the 2017 Gorkhaland agitation are steadily weakening exports and sales of Darjeeling tea.
Unlike the earlier experience post the global financial crisis, where nearly 90 per cent of the restructuring happened in the corporate loans, the non-corporate segment, which includes small businesses, agricultural loans and retail lending, will account for a higher share this time.
State-owned Oil and Natural Gas Corp (ONGC) will add about Rs 8,000 crore (Rs 80 billion) to its profits annually from near doubling of natural gas prices from next fiscal.
Fall in oil and gas output has pulled down the overall profitability.
Kataria, 49, an IIT-XLRI alumnus, was quick to implement a number of initiatives during the Covid-19 crisis including launching D2C initiatives such as mobile stores, WhatsApp messaging, video calling and home deliveries. Kataria was also swift to recognise that stay-at-home consumers were keen to buy informal rather than formal footwear, launching new collections quickly to take advantage of this trend, says Viveat Susan Pinto.
Do we not understand that risk and return go hand-in-hand, or do we, in our rush to get rich, simply choose to ignore risk, wonders Ramabhadran S Thirumalai.
RJio will further add bottomline pressures on the already struggling telcos that will ultimately be forced to consolidate
'China knows the best way of twisting the knife in its dealings with India: By launching a major incursion into Indian territory,' says Rajeev Sharma.
Tata Motors on Friday said it will hike the prices of its passenger vehicles, excluding the Nano, by up to Rs 36,000 from April 1, to offset rising input costs.
"Prime Minister has directed me to do whatever possible....the bottomline is to procure the memorabilia," Culture Minister Ambika Soni told media-persons as the government made last ditch efforts to stop the auction of Gandhi's personal belongings.
The gas price revision will add to the bottomline of the two public sector companies -- Oil and Natural Gas Corporation and Oil India Ltd -- and will also yield additional revenue for the central and state governments.
Dutta was president of United Airlines, where he worked for nearly twenty years. He also served as the president of Air Sahara for two years. Moreover, he was an advisor to the restructuring of both Air Canada and US Airways.
PM promised a tax regime that is predictable and competitive
The jettisoning of the Fringe Benefit Tax opens a can of. . . questions, mainly, says Ameet N Patel.
National Association of Software & Services Companies President Kiran Karnik has said that information technology and business process outsourcing industry in India is beginning to see an 'opportunity loss' on account of the rupee appreciation against the dollar.
The company said its cost reduction and localisation initiatives, growth in volumes and favourable foreign exchange helped improve the bottomline during the quarter.
The country's largest carmaker Maruti Suzuki India on Tuesday reported 17.8 per cent increase in net profit at Rs 802.2 crore (Rs 8.02 billion) for the third quarter ended December 31, 2014
The Crisil study covered 600 companies excluding financial services and oil companies, representing 71 per cent of the overall market capitalisation of India Inc.
Jagdish Khattar loves to be contrarian. When pondering options, his beady eyes acquire a glint as he wonders aloud how to go against prevailing wisdom. This often shows up in the way he runs Maruti Suzuki India -- that is what Maruti Udyog now calls itself -- the country's largest car maker.
'But still they have filed FIRs against me under section 505 of the IPC.' 'These were draconian laws that were misused by the British East India Company against the soldiers who participated in the mutiny (of 1857).'
Don't be a Net-phobe. Online shopping throws up many exciting deals and discounts.
Leaving behind the luxe life and dapper suits of foreign banks, Puri and his team at the upstart venture shared fizz drinks, wore a footwear brand popular among the middle class, shared a rat-infested space in a yet-to-be gentrified work space to plan and execute it.
Chinese phone makers think so. But here's what a review of an Infinix phone reveals.
Faced with rising input costs and increasing competition, Steel Authority of India Ltd has embarked on a Rs 400 crore (Rs 4 billion) cost-reduction exercise in the current fiscal in areas of raw material usage, energy and refractory consumption.
The former Indian captain believes he is still good enough to play for India and is hurt by the way he is being treated.
The National Democratic Alliance during its rule conducted the nuclear tests, he said.
Based on Statista data for 2019, Vodafone has 17.2 million subscribers in the UK, 29.5 million in Germany, and over 13.7 million in Spain. Without Voda Idea, the Group will become smaller than Airtel and Jio.
Lack of corporate governance is a long-term health hazard for the corporate world and adoption of ethical standards along with governance could reflect in the bottomlines of companies, according to the Securities and Exchange Board of India.
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