Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
Hosts Karnataka amassed three points on the basis of their crucial first-innings lead as their Elite Ranji Trophy Group A game against Mumbai ended in a tame draw in Belagavi.
A round-up of Ranji matches played on Monday
Indian companies typically have higher return on equity.
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Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
A summary of the day's play in the Ranji Trophy matches at different venues around the country.
Round-up of the Ranji Trophy matches being played in different parts of the country.
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