From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced in.
The airline's accounts are yet to be audited.
Growth has been slowing year-on-year for the IT sector but investors have continued to bet on it.
Asset quality stress has ballooned recently, as growth slowed and interest rates continued to rise.
Street believes premium valuations justified, as port traffic is expected to grow at a CAGR of 16% over FY14-16.
High interest costs and a weak rupee may raise overall debt, even as refinancing may not be an issue.
Average data usage on Airtel India network grew about three fold to 2611 megabyte (about 2.5 GB) per customer from 904 MB on YoY basis. But the average revenue from the data services per customer declined by 22.7 per cent during the period.
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
The move will catapult Disney as the country's largest media and entertainment broadcaster, with over $1.3 billion of additional India revenue.
The company is keen on creating 'a differentiated e-commerce model'.
Jonathan Garner, chief Asia and emerging markets equity strategist, Morgan Stanley, gives Samie Modak his assessment of the Indian economy after 3 years of Modi Sarkar.
TCS, Infosys do well but Wipro & HCL disappoint analysts; however, outlook for FY17 bullish in general.
His plan revolves around new products, a renewed thrust on exports and some serious cost savings
Favourable response to launches, recovery in CVs will aid growth.
HUL, the country's largest FMCG company, saw sales volume fall by 4% for the December quarter.
Whether it is protecting its turf in its core utility vehicle segment through new model launches, or stepping up investment in electric vehicles, the Anand Mahindra-led firm is leaving nothing to chance
'In plain simple English, these practices amount to a looting of our country's future by some in the business community, in cahoots with some lenders,' says RBI Governor Dr Urjit R Patel.
Suresh Prabhu, the new railway minister, described his charge as being 'the engine of growth'.
Gross refining margins may decline sequentially but improving petro-chem margins will boost earnings
Bharti's operating margin for India wireless business grew 80 basis points sequentially to 34.9 per cent.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Within six months of joining iGate as CEO, Ashok Vemuri will get a performance bonus of $175,000 (about Rs 1.10 crore) for his strategic initiatives, which helped the US-based outsourcer grow revenues by over 10 per cent in the December quarter.
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
This is the third consecutive profitable quarter for SpiceJet.
The S&P BSE Sensex surged 160 points to close at 25,262.
Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.
Companies that are developing biosimilars (for regulated markets) or have portfolio of new chemical entities (NCEs) under development.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
In the last 3 months, rupee has depreciated 16% against dollar.
The Crisil study covered 600 companies excluding financial services and oil companies, representing 71 per cent of the overall market capitalisation of India Inc.
Air India is aiming to improve its financials by pruning loss-making flights, improving fleet use, increasing web sales and selling & leasing back 14 Boeing 787s by March-end, top airline executives said on Monday.
Docomo is looking to expand its reach beyond Japan and sees India and Africa as key emerging markets.
The company's net profit was Rs 5,972 crore in the same period of 2014-15 fiscal.
Mittal said that overall, he expected that by March 2018, the "dust will settle down" for the entire industry.
Converts part of fixed salary component into variable one
Number of stocks trading above 50 times and 100 times earnings are at record highs. When this happened in 2015 and 2016, the Sensex fell 22.6 per cent in a little over a year's time after peaking in January 2015, while it fell by 11.3 per cent in two months from its peak in September 2016.
Frequent balance transfer in search of a lower rate can be tricky for borrowers, if property prices fall