Retention of Murthy within the promoter group was crucial for Infosys as the company believed the promoters' relationship would help the company in difficult times.
A four-member panel of secretaries is likely to submit its report on a new gas pricing mechanism to the government by Wednesday.
In the mid-quarter review on December 18, the Reserve Bank left key policy rates unchanged but said it will hike interest rates if inflation does not subside.
DRL launched four new products in North America during the previous quarter.
The state-owned bank's loss largely offsets the Rs 1,800-crore (Rs 18-billion) capital injection the government will make in FY14.
While the BSE's asking valuation is reasonable, compared to peers, there are some factors that long-term investors need to consider before investing.
Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
Analysts expect robust earnings growth from the financial sector.
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.
Brokerage firm Bank of America Merrill Lynch (BofA-ML) on Monday said the ongoing US government shutdown is positive for the country, as it gives additional time to recoup the forex reserves.
"According to the global financial services major, though CAD at 3.2 per cent of GDP is significantly lower than the 4.8 per cent it registered in fiscal year 2012-13 ", it still remains higher than the 2.4 per cent of GDP that we estimate as the optimal current account deficit".
According to the global financial services major, after the BJP's 'historic' election victory on May 16, hope for structural reforms has gone up.
Transportation via inland waterways is cost-effective and more environment-friendly than rail or road transportation
Brokerages expect better financials as management is determined to improve profitability.
Almost a third of the company's capex was stuck in this project
The company had a net profit of Rs 1,555.21 crore (Rs 15.55 billion) in the January-March quarter of the previous fiscal, HDFC Ltd said in a statement.
Pawan Hans could command a valuation of 8-10 times earnings.
Reflecting the woes of the Indian automobile industry, the country's car exports remained flat at 550,466 units in 2013-14, during which domestic sales fell for the second consecutive year.
Budget this year has allowed PSBs to bring down govt stake to 51%
Given its network and fleet, it has garnered the highest share of passenger growth.
Essentially, the focus will be on cracking big deals.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
Emphasising that revival of growth should be the number one priority of the RBI at this time, industry groups said apprehensions about inflation rearing its head again may prove to be misplaced.
More than 100 million new users added in just one year; mobile internet usage seen as next frontier.
Foreign institutional investors (FIIs)' stake in Infosys is nearing historic highs. During the quarter ended September, they bought 6.38 million Infosys shares for Rs 2,236 crore, raising their stake 1.1 per cent, data show.
Indian benchmark indices may witness bouts of volatility this week as traders roll over positions in the derivative segment on expiry of near-month contracts, say experts.
Nandita Gurjar, Sanjay Purohit and Gautam Thakkar among "potential exit candidates".
Bajaj Auto's margins are expected to expand 100 basis points, as volumes have recovered.
.jpg)
The global brokerage firm in March had trimmed the growth forecast to 6 per cent and in June again it revised the growth estimate to 5.8 per cent.
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
In the December quarter, Sensex earnings had contracted 5 per cent.
There is discrimination against women in insurance cover. As a flood of insurance companies tap the capital markets with public issues, there is however, hardly any reference to this asymmetry. Subhomoy Bhattacharjee reports
Imported Ethane will substitute its current propane imports and a portion of naphtha used for ethylene production.
The company recently completed its full integration at the Tirupur unit.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
While TCS will see demand in the US and Europe, its local business is likely to be hit on poor IT spending.
Non-metro routes get 73 per cent of its flyers -- a factor that has earned it double-digit share with only 19 planes.
MCA portal clocks 5 mn views in 8 months; ministry to integrate company records portal with DGFT, I-T dept this year
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
Repeat business from existing clients is not coming easily and companies are still in the process of building digital capabilities
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances