Ajit Mishra, vice president, research, Religare Broking, answers your queries.
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.
Investment banking star and Moelis India Chief Executive Officer Manisha Girotra remembers a colleague who wanted to resign because she needed to attend to her parents' health issues in a different state. Rather than quit a promising career, she was given the flexibility of working from home on Fridays, which was unusual in the pre-pandemic days. This allowed her to take care of her parents' visits to the doctor and other health-related needs without quitting her job. She would be back in the city office on Mondays.
'One of the ways to do that is to ensure that NBFCs have got liquidity.' 'If we don't do that, this mood of gloom will continue.' NBFCs need to be provided with liquidity if they have to start lending.
The company will spend Rs 10,141 crore to buy 15.5 per cent stake from minority investors.
Instead of the minority stake they held earlier, now they have controlling stake in many firms
So far, nine companies have raised Rs 17,860 crore - nearly three times of last year's tally - by way of rights issues.
The problem for the NBFC sector is the funding inertia by banks and not lack of funds.
Ajay Piramal bets highly on infrastructure, realty
Piramal, controlled by billionaire Ajay Piramal, and APG will invest in local infrastructure companies through rupee-denominated mezzanine instruments.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
What has worked though for Brand Saridon has been its single-minded focus on headaches as opposed to other analgesics that dwell on a wider set of problems, reports Sohini Das.
In a letter to the Business School community on Wednesday, Nohria said he will step down from the position of dean of the Harvard Business School (HBS) on June 30, 2020, after a decade in the role.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
'And the top 10 per cent will grow because they have to serve the market.'
Fixed-dose combinations are medicines that come mixed in a certain proportion.
Piramal Enterprises has about Rs 10,000 crore (Rs 100 billion) cash on its books.
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Delhi High Court on Friday stayed the ban on some fixed dose combination (FDC) drugs of Glaxo SmithKline, Wockhardt and Laboratories Griffon but said action against their sale could be taken in the absence of valid sale and marketing licence.
Vodafone Plc and its ex-shareholders have suffered due to the delay in an Initial Public Offer (IPO) of its Indian unit.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
Margaret A Hamburg, the first commissioner of the US Food and Drug Administration (US FDA) to visit India officially, will meet heads of major domestic pharma companies such as Ranbaxy, Wockhardt, Cadila Healthcare and Lupin in New Delhi.
In 2013-14, India became the third-largest contributor to Vodafone Group's service revenue and operating free cash flow.
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai