The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21
The deadline for the commercial launch of the Navi Mumbai airport is set at 2021-end
The pre-owned vehicles arm of the Mahindra Group plans to add 30 outlets in a few days taking the total number to 1,000.
Compared to equity funds, debt funds are lower risk profile and are usually suitable for investors for very short term.
If you have been planning to buy a house, don't postpone your purchase. Developers are offering discounts, freebies and attractive payment plans.
Crisil reaffirmed its 'AAA' rating, which reflects the highest degree of safety with regard to timely payment of financial obligations, on the bank's Upper Tier II bonds, Tier I Perpetual bonds and bonds/debentures. Crisil expects the bank's market position to remain strong despite moderating advances growth, because of the 580 new branches it is likely to add in 2009-10, and its wide presence across segments.
Vegetable, fruit prices to be on the rise over weak supply, crop damage
The five southern states source 10-15 per cent of their revenue from excise duty on liquor but account for nearly half of the total consumption, says a report. The financial position of these states is precarious as the coronavirus lockdown completely dried up this crucial liquidity tap for them in April.
RBI's draft guidelines on computation of base rate, if implemented in its current form, will significantly impact the profitability of banks.
"I don't think the only solution for us is a bank, though it could be a bank. On the other hand, if the financial system continues to grow at 20-25 per cent, there's no reason why in our current construct, we can't comfortably keep growing at that same pace," says Rajiv Lall, CEO and Managing Director, IDFC.
Overall, the credit profiles of players will be supported by healthy balance sheets and liquidity. Prudence in capital and development expenditure, efficient working-capital management, and recent equity raising will help sustain credit metrics in FY22.
Lenders can now initiate recovery proceedings since the SC has lifted the standstill on asset classification, which protected stressed accounts from slipping into NPAs.
The roads in India is a powerful stimulant to rural employment. It will have a strong multiplier effect on the local economy, says Subir Gokarn.
Brent crude oil price surged 4 per cent on Friday, following tension between Iran and the US. Airlines, however, have been unable to pass on the price increase to customers due to the soft demand.
Banks put the airline's trademarks including Kingfisher logo and the once-famous tag-line 'Fly the Good Times' on the block
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
The economy is expected to grow by 6.75-7 per cent during 2005-06 and inflation is likely to hover around 5-5.5 per cent, rating agency Crisil said on Friday.
This make it the first domestic firm to sell such a long-tenure rupee debt instrument.
According to Crisil, home prices had fallen by 18 to 20 per cent in March 2009, from the highs seen in the first half of 2008, due to the global slowdown, fears of job security and slowing growth in the domestic economy, the report said. 'However, despite this drop in capital values, home buyers have adopted a 'wait and watch' policy,' the report added.
India largely exports block frozen shrimp to Vietnam for reprocessing and forward shipment to its customer countries like China, EU, Japan and USA.
With RIL supplying about 47 per cent of the domestic petcoke production, current dynamics are bound to change.
Currently, the investor and his family's net worth in listed firms stands at Rs 8,517 crore, compared to Rs 8,388 crore as of March 31, 2020.
The first to see price hikes will be soaps. In the past six months, domestic palm oil prices have increased by 46 per cent. Palm oil is a key input going into soaps.
Now with 13-14 million-tonne capacity, Nirma will emerge as a serious player in India's cement landscape.
The new IIP series based on the new base year, is expected to lead to better capturing of ground data
The rupee is likely to strengthen to 60-61 level by this fiscal-end on expectations of improvement in current account deficit (CAD) and higher inflows from overseas investors.
Lower gold imports and higher overall exports to help narrow the gap.
The biggest challenge is crude oil's sustained rally - it is nearing $80 a barrel - stoking inflationary pressures and consequent price hikes in the sector.
Reliance Retail would be exposed to implementation and execution risks in its expansion plans.
Clearly, the domestic market has taken sharp knocks in April, which is likely to be visible in May as well, said analysts tracking the market, as FMCG companies are grappling with improving capacity utilisation and dealing with labour shortage.
Here's how to get high returns from equities...
On the flipside, since 60-70 per cent of the costs pertain to raw material, which are mostly imported, currency fluctuation is a key risk for the segment.
The Rs 2 a litre cut in petrol and Re 1 per litre reduction in diesel prices, announced last week, will increase the loss on auto fuel sales by Rs 300 crore (Rs 3 billion), Crisil Research has said.
This is not the 1st time dal prices have gone over the roof
As even bigger road construction players are not willing to bet on BOT projects., NHAI will have to rethink its thrust on the BOT model.
Arghya Banerjee, founder of The Levelfield School in Suri, West Bengal, on why he quit a high-flying job to teach India's young.
Core inflation, a measure of demand-side pressure on prices also rose sharply in March.
Long-term funding was a requirement for infrastructure projects, and asset-liability mismatch in the banking system, impacts the access to finance for infrastructure projects. One of the key challenges would, however, be to get private sector back into investing.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances