India's banks are propping up too many weak producers.
Low gas prices and weakness in petchem margins lead to lower earnings estimates for GAIL.
There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
Much of the rural recovery story is based on the premise of agriculture doing well. Even if it clocks a growth of 2.5-3 per cent this year, it is still just around 15 per cent of the overall GDP. The non-farm sector, which constitutes a bigger portion of the overall rural economy, is now hampered by disruptions and lockdowns.
Till now, Jio was primarily targeting the prepaid customer base, with only a few post-paid plans. Now, it is targeting post-paid customers, who usually spend over five times their prepaid counterparts and are more company-loyal.
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
This year, PhonePe is focussed on bringing more partners across categories, including travel, commute, food, hyper-local, retail and entertainment on the platform.
'India is possibly the most fiscally constrained market in the region.'
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
A typical consumer will have to opt for Jio's Rs 499 plan, which is a steep 2.5 times more than what the average user pays at present.
Low growth visibility and trouble with regulators have resulted in lack of interest from investors
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
PE giants Apollo, Bain Capital and Advent International are keen to pick stake in Viom
Jain was the architect of Deutsche's investment banking business and placed one of his former trading heads, Alan Cloete, in Hong Kong as co-CEO for Asia Pacific in 2012.
The purchase or construction of houses by large numbers of people can add meaningfully to India's economic growth, points out Neelkanth Mishra.
There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.
Whether it's about colonising Mars or donning Net-connected apparel, 2022 is a year everyone seems to be planning for, says Nivedita Mookerji.
Earlier this month, market regulator Sebi had given go- ahead to the disinvestment department's proposal to give preference in share allotment to those PSUs located in states in which Neyveli's generating units were located.
Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's retail behemoth.
The 55-year-old executive takes over on August 1.
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
The NYSE accounts for more than 60 percent of S&P 500 volume at the close of the market
Jain, who, landed the top spot at Deutsche in 2012, had to resign following criticism from investors
The acquisition will allow Lenovo to diversify revenue away from the shrinking PC business.
Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
If the earnings in the first quarter of the current financial year are an indication, most banks, particularly those majority-owned by the government, have fared well, reveals Tamal Bandyopadhyay.
Public sector firms presented interesting offers on Day Zero placements at the IITs.
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.
Major institutes see rise in summer placements; consulting, BFSI, e-commerce firms are top recruiters, says Vinay Umarji.
The B-school also witnessed new roles in the domain.
India ranks low at 105th on human capital index, Finland tops
A pick-up in low-cost cigarette consumption helped India's largest cigarette maker boost margins
The PM-elect wants to fix the coal sector; cut coal imports by boosting output.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
Gross value added and low investment activity by the private sector remain areas of concern
Most of the changes have come about in the last four years and ITC is now reaping the dividends - standalone revenues from the non-cigarettes FMCG business have grown 40 per cent from FY17 to Rs 14,728.21 crore in FY21 and pre-tax profits 30 times to Rs 823.69 crore. The business accounted for 30.58 per cent of gross revenues and 4.85 per cent of pre-tax profits in FY21. "In the last four years, our margins in FMCG have gone up by 640 basis points (bps) and EBITDA margins have been moving up consistently. "We created levers that enabled a sustained growth trajectory," said ITC chairman and managing director Sanjiv Puri. Puri took charge as the chief executive officer in 2017; in 2018, he was redesignated managing director and effective May 2019, he became chairman.
