Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.
Profitability and cash reserves have halved since the global financial crisis.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
The decline is attributed to lower salary growth and a rise in households' financial liabilities.
As inflation rate is near the upper limit of the comfort zone, experts rule out rate cuts anytime soon
The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
New series points to a sharp recovery since FY14.
For top IT services firms, revenue growth in FY15 was the slowest since the Lehman crisis
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
Oil and gas sectot may not put up good numbers in Q4.
The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.
The number of infrastructure projects cleared by a monitoring group set up in the Cabinet Secretariat had increased consistently in the past year.
The fallen bellwether of the technology sector has a strategy to reclaim its lost position.
An analysis of year-wise movements of average global crude oil prices versus India's GDP reveals no inverse correlation, contrary to wide belief.
A weaker rupee could aid corporate earnings through its positive impact on export intensive sectors such as information technology services, pharmaceuticals and commodity producers such as metal and mining, and oil and gas companies.
With India's imports exceeding exports, weak rupee does more harm than good. Analysts, however, say that rupee depriciation is positive for export-oriented sectors such as IT services, pharmaceuticals, textiles and automobiles
Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show
This analysis is based on the quarterly earnings for 724 companies.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
With a loan book of $268 billion, India's retail banking is now ahead of Russia, Malaysia and Mexico but behind China, Brazil and Thailand
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
HUL, UltraTech, Asian Paints, L&T, HDFC Bank top global valuation charts
HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
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.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
With mutual funds, promoters turning net-buyers, foreign investors may have to bid up prices to raise holdings.
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
The benchmark Sensex companies' underlying earnings per share are down 3 per cent (on a cumulative basis) since January 2015, against 25 per cent rise in the index value during the period
During the dot-com bubble, it had touched a high of 1.9.
Indian market has been plagued by negative sentiment and triggers
Experts say it will now be tough for the Modi government to catch up with the UPA's economic record owing to the shock induced by the currency demonetisation.
Its rich valuation with a PE of 62 times raises downside risk for investors
Government-owned companies are more generous in rewarding their shareholders with dividends.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
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