'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
Capital infusion of $30 bn over two years needed amid high dividend payouts and impairment ratios.
Goldman Sachs report says company might buy back shares.
With 2015 having multiple weekend breaks, travel agents and online travel portals expect a holiday rush this year.
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The rupee has fallen almost 20 per cent in the first four months of FY14, forcing the government to consider raising import duties on gold and non-essential luxury items.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
Experts say a lot of new wealth is being generated by promoters selling their stake.
The company's profit stood at Rs 292.79 crore (Rs 2.92 billion) in the year-ago period.
The chief operating officer said that the carrier will surmount the present crisis very soon.
Foreign brokerage Goldman Sachs on Monday said it expects new Finance Minister Arun Jaitley to peg the fiscal deficit target for FY15 at 4.3 per cent, up from the 4.1 per cent stated by his predecessor P Chidambaram.
The company will invest $747 mn to increase production from D1, D3 and MA fields.
Shopclues, the latest unicorn, was at the bottom of the sector loss pie.
RE of GDP for 2015-16 show that the economy grew 7.9% in 2015-16, rather than the earlier estimate of 7.6 per cent.
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
The institute says more seats are putting a strain on its resources.
TCS moved into new markets like France, Japan thanks to acquisitions.
Luxury carmaker Mercedes-Benz launched an upper-end variant of its flagship luxury sedan E-Class in diesel version -- E350 -- making it the eighth of the planned 10 launches this year.
Ahmedabad-based Adani Group is said to be the frontrunner to buy out both Tata Steel and Larsen & Toubro's stake in Dhamra.
United Spirits had earlier forked out a loan of as much as Rs 1,350 crore to UB Holdings.
The company will launch Google Android One phones priced at Rs 6,000-7,000 by September-end.
US will remain a growth driver, with launches & existing portfolios set to result in 15% growth for FY15.
Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of foreign direct investment norms to improve economic condition.
Rajasthan CM Vasundhara Raje breaks her silence.
India's fourth largest software services firm HCL Technologies on Thursday reported a 53.7 per cent jump in its consolidated net profit to Rs 1,834 crore (Rs 18.34 billion) for the fourth quarter ended June 30, 2014.
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Amid fears of a downgrade from ratings agencies, the finance ministry is gearing up for a visit of Japan Credit Rating Agency officials on September 6.
Toyota has set up two manufacturing plants at Bidadi, about 35 km from here, with a combined capacity of 310,000 units a year.
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Inflows cross $10-billion mark for 3rd consecutive year.
Kiran Kumar Grandhi, 38, was earlier in charge of the urban infrastructure and highways business, which contributes five per cent of the Rs 10,000-crore revenue of GMR Infra.
On September 4, Trai issued a consultation paper on call drops.
Analysts are eyeing bigger launches that will positively impact company's fortunes.
From inflation, central bank shifts focus to rupee stability and capital flows.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Slow growth over several quarters has drawn criticism from various stakeholders including the shareholders.
Iconic Dalal Street investors Rakesh Jhunjhunwala and Radhakishan Damani, known for their stock picks, have forged an unusual partnership to make Bollywood flicks.
The government will get an additional revenue of 20 per cent from the auction of the 1,800 MHz and 900 MHz bands of spectrum, based on the Telecom Commission's recommendations, compared with those of the Telecom Regulatory Authority of India (Trai).
Sebi is examining if speculators and persons acting in concert are behind the huge movements in these stocks
ONGC and Oil India bought a five per cent each of the government's stake in IOCL, yielding Rs 5,340 crore (Rs 53.4 billion) to the government.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
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After announcing the September quarter results on Tuesday which showed a 34 per cent increase in net profit to Rs 4,702 crore (Rs 47.02 billion), its chief executive officer and managaing director N Chandrasekaran had hinted at ramping up hiring for the fiscal.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
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