The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
The amount is around a fifth of the cumulative investment in fixed assets by these companies.
Investors turn their attention to export-driven sectors.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
In India, bond yields have fallen nearly 70 basis points in the last one year.
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
The analysis covers BSE 200 Index's 171 companies for which data on the compensation to the boards of directors for FY14 and FY13 are available.
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Stock prices is due to valuation expansion
World trade has been growing slower than world GDP since 2012.
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
The calculation excludes cross-holding of listed group cos in each other.
Indian companies have raised $1 billion so far this year - almost four times what they raised last year.
Analysts say Tatas could sustain their current pace of growth, provided the group's "cash cows", such as TCS and Tata Motors, continue to deliver.
Sensex,Nifty to remain under pressure through the week.
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances