Despite Covid downturn, CEO salaries went up by an average of 19% in FY21.
Despite NMDC raising iron ore prices by 10%, major steel firms say they will follow suit if demand increases
It's been months since Jindal returned the private land to the state government, free of cost, but not a cottah has been distributed
Some of the firms that have witnessed major drop in analysts' coverage include Dish TV, YES Bank, and JSW Energy.
The Adani group has the maximum number of companies in the trillion club at five, followed by the Tata group (four).
The first spending item on the chopping block is capital expenditure, followed by operating costs and overheads, including sales and marketing expenses.
While most of Mukherjee's lectures will be closed door for the students taking up the elective, the institute plans to open up one or two sessions for public in November this year.
As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the coming festival season.
The spread of the Omicron variant of the coronavirus has made Indian companies persist with their policy of banning overseas trips and allowing only essential travel within India. The IT services firms, which had planned to ask their employees to return to the workplace, are also waiting and watching the Covid-19 situation before fully opening up their offices. Large conglomerates like the Tatas, Birla, JSW and Reliance are continuing with the mandatory social distancing and masking policies within their office premises.
'Kindly advise about the following stocks. Can I hold or exit?'
Governance group SES thinks so but JSW Steel says he's exemplary and deserves it.
Jindal Steel and Power and JSW Steel, are in competing talks to buy parts of insolvent Italian steelmaker Lucchini.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Prices in the domestic market are increasing because there is a demand pull, and internationally, prices have gone up.
No capital came in through the approval route, while the rest of $9,86,681 was by way of issuance of rupee denominated bonds.
Olympic gold medallist shooter Abhinav Bindra said that the country should focus on finding the next champion instead of talking about his feat.
Some of the top indebted companies likely to face financial headwinds in the coming quarters include NTPC, PowerGrid, Tata Steel, Adani Power, JSW Steel, UPL, and Steel Authority of India. Together these 201 companies owed Rs 14.9 trillion to their lenders at the end of September 30, 2019, up 4.1 per cent year-on-year (YoY) during the first half of FY20.
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
In the domestic segment, demand is currently led by rural markets, oil and gas, LPG and B2C segments like roofing and sheeting.
Mary Kom (51kg) claimed her eighth world medal at the recently-concluded championships in Russia and BFI now plans to send the Manipuri boxer for the Olympic qualifiers in China
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The 10 teams in the league will be bidding heavily for the Indian players in a list of 590 cricketer
JSW Steel, Tata Steel, Steel Authority of India, Bhushan Steel, Essar Steel, Jindal Steel & Power, and Rashtriya Ispat Nigam are among the top producers of the alloy in the domestic market
Last Friday, the Supreme Court in a ruling allowed auction of 1.5 million tonne of iron ore a month.
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Vinod takes centrestage as Pramod stays away from deal; uncertainty over the latter's continuity on Ispat board.
The O P Jindal Group has emerged as a strong contender for Ispat Industries, the debt-laden company owned by Pramod and Vinod Mittal.
The markets have reacted negatively, for example, to recent news that Cairn India, of which the Anil Agarwal group company Vedanta owns 60 per cent, will give a $1.25-billion loan (about Rs 7,500 crore) on notably easy terms to Sesa Sterlite, another Anil Agarwal group company.
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
The Enforcement Directorate to take a "conclusive action" towards attachment of assets of those involved in coal scam.
With the threat of a third Covid-19 wave looming large, companies are scrambling to protect employees and keep operations safe--from a no-jab-no-entry-at-workplace policy to ramping up vaccination, it's an all-out effort to prevent the scale of devastation seen in the first two waves. At least two top steel companies--Tata Steel and ArcelorMittal Nippon Steel India (AM/NS India)--are pushing for vaccination certificates for entry into work premises. AM/NS India, a joint venture between world's leading steelmaker, ArcelorMittal, and Japan's Nippon Steel, is set to make vaccination the certificate a requirement from July 1.
Star Indian javelin thrower Neeraj Chopra has undergone an elbow surgery
The plan is to de-notify the entire SEZ.
Uncertainty is so intrinsic to sports that elite athletes will not have much trouble coping up with a pandemic-forced lockdown, believe India's top sports psychologists as they become a part of their journey into an unchartered territory. Rocked by the coronavirus pandemic, which has impacted minds as much as health and productivity, sports pyshologists Dr Chaitanya Sridhar, Nanaki J Chadha, and Keerthana Swaminathan are dealing with athletes across disciplines and economic spectrum, being their "sounding board, friend" and enabling them to process the magnitude of the situation.
Earnings growth in the early-bird sample has been driven by banks and iron & steel companies.
Steel trader Kunal Gandhi has stopped going to metal yards -- he now buys 80 per cent of his monthly steel requirement of 2,500 tonne from JSW Shoppe at Mumbai's Vile Parle, which opened three months back.
