Street believes premium valuations justified, as port traffic is expected to grow at a CAGR of 16% over FY14-16.
The depreciation in the yuan has led to a decline in all emerging market currencies
JLR volumes could hit million units by 2019, stock trading at discount to other premium automakers
The move comes after Neeraj Kanwar's reappointment as managing director was rejected by minority shareholders owing to his salary, which increased in spite of a fall in the company's profitability.
Inflation is estimated to be around 8 per cent in FY15 and is likely to decline further towards 6.5 per cent in FY16, Citigroup said.
surance companies said that customer interest to buy products would be accentuated by tax incentives
Fiscal deficit, the gap between government's expenditure and revenue, stood at 4.5 per cent in FY14, lower than 4.9 per cent in FY13.
Under a year of him as executive chairman, Infosys, has had "stellar" performance, N R Narayana Murthy said of his second innings at the top in an email to employees.
There is continued shift by passengers from rail to other modes of travel, thanks to improvement in road connectivity and the shrinking differential in high-end rail and low-end air travel.
The group will be in a better position to now scale up most of its segments irrespective of government policy, but the bad news others add is its growing debt.
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.
Analysts say in spite of its recent recall of 100,000 Swift, Ertiga and Dzire cars, Maruti's outlook remains stable.
Experts say the margin was impacted primarily because of currency depreciation, rise in the price of aviation turbine fuel and pressure on account of fare wars in the home market.
In spite of seasonal weakness which may drag Q4 revenue growth in FY14, the sector is upbeat about future.
Markets end marginally higher supported by IT shares as Infosys's Q3FY14 results boosted sentiment.
Company's ADR fell 7% on Nasdaq after CEO Shibulal's comments.
Demand is driven by smaller deals in the US, larger ones in Europe.
Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.
The current account deficit, the difference between outflow and inflow of foreign exchange, would be about 2.3 per cent of gross domestic product because of the fall in gold and non-essential imports, the financial services major said in a report.
Brokerage house Nomura today said the downward revision of FY'13 growth figure by the Central Statistics Office will have a positive base effect for GDP expansion in the current fiscal.
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Infosys on Friday posted healthy growth in earnings for July-September 2013, and raised the lower end of its FY14 revenue guidance, indicating the company had regained its momentum.
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.
Increasingly, more companies are making cars in the country and exporting them globally.
Taking note of the government's efforts to contain fiscal deficit, Fitch Ratings revised India's Outlook to Stable from Negative and affirmed 'BBB-' rating.
Ratings agency Crisil on Monday said the information technology sector is likely to lose its position as a mass employment engine and new recruitments will nearly halve over the next three years, even though companies will continue to report good revenue growth.
Finance Minister P Chidambaram has been repeatedly stressing he will meet the fiscal deficit target of 4.8 per cent of the gross domestic product in this fiscal, but HSBC said the spending-revenue gap may overshoot to 5.1 per cent.
Car sales in India fell for the second consecutive fiscal in 2013-14 with a drop of 4.65 per cent as the auto industry continued to struggle with demand slump.
Rupee depreciation to cut earnings 3-4 per cent in FY14.
For top IT services firms, revenue growth in FY15 was the slowest since the Lehman crisis
The company has finalised a three year business plan to increase revenue and control costs.
Asset sale plans lag target in both current and next financial years; the airline had a three-year plan to monetise assets worth Rs 5,000 crore (Rs 50 billion) by March 2016.
In the quarter ended June 30, the company posted 15.7 per cent growth in net profit at Rs 3,831 crore (Rs 38.31 billion) when compared with the corresponding quarter last year. Revenue rose 21 per cent to Rs 17,987 crore (Rs 179.87 billion).
Move to help employees get more without raising their salary base
Total fuel subsidies accounted for less than 1 per cent of GDP and under 3 per cent of total government expenditures in FY14.
According to a RBS report, 'the impact on India's current account deficit should be significant, cumulatively amounting to 1.9 per cent of GDP' provided for the full year FY14 prices for both oil and gold remain at current levels and aggregate volume gold demand remains stable.
According to the TeamLease Services April-September FY'14 Employment Outlook Report, there is a 4 per cent rise in the employment outlook index to 79 when compared to the previous half year (October 2012 to March 2013), when it stood at 75.
Operating margins decline to 10.3% in March quarter on one-time payouts but may recover to 12% in FY2015.
The global brokerage has also lowered the growth forecast to 6.8 per cent for the 2014-15 fiscal.
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