There are several discussions going around in the e-health sector for consolidation with key players being PharmEasy, 1mg, Medlife and Netmeds. According to reports, Reliance Jio is in talks with Netmeds to acquire the latter.
India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.
These mutual funds from LIC have been steady performers since the last 5 years
Persistent, L&T Technology and TechM named among leading service providers
India is ranked 12th in terms of services GDP among the world's top 15 countries, says the Economic Survey.
The slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation.
Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
Most investors are obsessed with performance. They rarely venture beyond the numbers.
'It is a worrying trend as we are not seeing too much fresh capital being raised for new projects, plants, expansion or diversification. It's just private equity or venture capital or promoters cashing out.'
Indian companies will have to repay overseas debt worth $7.5 billion in the June quarter.
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
Deal wins, though better than a year ago, are nowhere near competitors'
74% of users play fantasy sports 1-3 times a week, with the majority playing once a week and 20% of the respondents reported playing more than five times a week, says a report on the online gaming industry in India.
Pharmaceuticals-Pre Budget Report 2013-14
Indian coffee shops market over the next four-five years will grow between 6 and 18 per cent CAGR, all due to the growing coffee culture among the youth, increasing urbanisation, rising disposable income levels and changing eating and drinking preferences, says Atanu Biswas.
Future's home retailing interests, including furniture and furnishings, are housed under Praxis Home Retail, which was created in FY18 when the group demerged the business from Future Retail.
Profit will grow from $4.6 billion in 2009 to a forecast figure of $7.5 billion for 2013 with Asia Pacific and Middle East based airlines dominating the international passenger market.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.
Increased truck sales, new models push Leyland's share to 34%, from 30.2% in the same quarter a year before.
Following the outbreak, Iran has stopped Indian basmati shipments. This has led to exports already falling 18-20 per cent this fiscal year. Iran and the rest of West Asia account for the largest imports of Indian basmati, and comprise more than 30 per cent of the shipments.
Interview with chairman of Godrej group.
Hindi language dailies are the highest selling, at 22 million copies a day, followed by English at 8.55 million, Malayalam (4.55 million) and Marathi (4.33 million).
Bihar has ranked on top among the BIMARU states registering highest growth rate of 9.3 per cent
Motilal Oswal of Motilal Oswal Financial Services tells Puneet Wadhwa why he thinks the current market levels will sustain.
Gujarat has registered the highest agricultural growth in real terms during the past decade leaving other states far behind, states a study conducted by Associated Chamber of Commerce and Industry (Assocham).
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
Trent, Tata Global Beverages, Titan Industries and Tata Chemicals may not be big contributors to the Tata kitty, but these are still significant to its growth story.
In five years, per-employee revenue for IT companies grew at 9 per cent each year.
Experts believe that the industry has the potential to grow at an accelerated 15-20 per cent CAGR for the next 10 years to reach between $49 billion to $74 billion in 2020.
The company, which rents cars by the hour, day, week and month, has Mahindra E2O Plus and Tata E Tigor available on the platform for which it charges a subscription fee of Rs 15,000-20,000 per month.
If the Puja as a brand can be marketed more effectively outside Bengal, even overseas, it might do wonders for the economy, says Atanu Biswas.
Automotive, healthcare, industrial verticals drive captive centre growth in India, says Zinnov report
Large states like Andhra, Chhattisgarh, Gujarat, Himachal, MP, Odisha, Punjab and Tamil Nadu would need compensation from the Centre
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
Sector-wise, the study revealed that the core industries have witnessed virtually negative growth in headcount, with crude oil just about maintaining the employment level.
