Axis Bank launches Ping Pay to enable fund transfer across various platforms
The once-powerful Japanese major is left with little to show in the face of sustained competition from rivals.
HUL has achieved few milestones in the fiscal gone by and hence is performing good on revenues front.
Income Tax collections are expected to fall short by an estimated Rs 9,000 crore.
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.
The state-owned bank's loss largely offsets the Rs 1,800-crore (Rs 18-billion) capital injection the government will make in FY14.
DRL launched four new products in North America during the previous quarter.
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.
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.
"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.
Analysts expect robust earnings growth from the financial sector.
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.
Brokerages expect better financials as management is determined to improve profitability.
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.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
While the BSE's asking valuation is reasonable, compared to peers, there are some factors that long-term investors need to consider before investing.
Pawan Hans could command a valuation of 8-10 times earnings.
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.
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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.
Essentially, the focus will be on cracking big deals.
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.
Almost a third of the company's capex was stuck in this project
Nandita Gurjar, Sanjay Purohit and Gautam Thakkar among "potential exit candidates".
Transportation via inland waterways is cost-effective and more environment-friendly than rail or road transportation
Budget this year has allowed PSBs to bring down govt stake to 51%
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.
Given its network and fleet, it has garnered the highest share of passenger growth.
Bajaj Auto's margins are expected to expand 100 basis points, as volumes have recovered.
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
More than 100 million new users added in just one year; mobile internet usage seen as next frontier.
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.
In the December quarter, Sensex earnings had contracted 5 per cent.
Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
Imported Ethane will substitute its current propane imports and a portion of naphtha used for ethylene production.
While TCS will see demand in the US and Europe, its local business is likely to be hit on poor IT spending.
The company recently completed its full integration at the Tirupur unit.
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.
Non-metro routes get 73 per cent of its flyers -- a factor that has earned it double-digit share with only 19 planes.
