75 companies can dole out Rs 1.1 trillion from the 'extra cash' to shareholders.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
Sales expansion also down 4.4%
The rise in India Inc's market value was led by asset-light firms.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
Cascading effect of rising raw materials will result in inflation, high rates, slow capex
In 2010, TCS's brand value was $2.3 billion.
The catchwords today are digital, analytics, robotics.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
Large and small businesses alike have delivered low-key performances.
'There will only be an institutional solution between the board and the founders to take Infosys forward.'
Corporate India's earnings in the past two quarters were largely driven by the rupee's sharp fall versus the dollar in the second quarter of this financial year.
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