This is the biggest equity-raising exercise by an Indian corporate within a financial year. The fundraising - led by Citibank, Goldman, Kotak and Axis Capital as bankers - will see participation by foreign and domestic institutional investors.
'We need to prove to the world that quality vaccines and R&D are possible in India.'
The silver lining is that after two years, e-commerce has emerged as the top sector with $689 million in investments across 15 deals, accounting for 43 per cent of all investments in January 2021.
The 'Rawalpindi Express', considered the fastest bowler in history said he does not understand why the civilian sector cannot work in collaboration with the Armed forces.
Markets are assuming that by the second half of 2021, the world will be approaching some type of normalcy, points out Akash Prakash.
'I know there is pressure on players, but it is nobody's business what you do with your wages. You take your wages and if you want to be generous, go ahead and do it'
India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals in several states are reeling under a shortage of medical oxygen and beds.
The aggregate dividend payout by corporate India may be lower in the current financial year (2011-12), compared to 2010-11.
India's economy grew at 7.6 per cent in 2015-16.
IMF has sharply cut its forecast for world growth this year.
'We are also seeing the birth of new evil, the new face of drug distribution where human interface has reduced; consumers are using the Dark Web to source supplies and using cryptocurrencies as payment mode.'
The decline is attributed to lower salary growth and a rise in households' financial liabilities.
Indian companies will have to repay overseas debt worth $7.5 billion in the June quarter.
'India resembles not just the more turbulent bits of its own past, but other 'managed' democracies, where all institutional strength and independence have been hollowed out to serve political power,' notes Mihir S Sharma.
'The steady poverty reduction achieved over the last three decades could be largely reversed in this one financial year with hundreds of millions sliding below the red line,' warns Devangshu Datta.
Companies with no or little debt account for three-fourths of m-cap of BSE 200, excluding financial firms.
In a statement, the central bank said heightened volatility in capital markets in reaction to Covid-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom.
Indian students planning to study abroad this year have to pay higher fee, fund their quarantine stay and also compete for on campus work opportunities.
Gross NPAs of commercial banks in FY08 escalated by Rs 61.36 billion, according to the Reserve Bank of India.
Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route.
'I can say with confidence that any future SARS-CoV-2 vaccine, developed anywhere in the world, would have to be manufactured in India, if it is to be affordable and of high quality.'
The last three prime ministers who served full terms started out in their early 70s. Mr Modi is younger and fitter than all of them. But he needs to find it in him to change course if he is to beat the odds, notes T N Ninan.
Section 144 of CrPC, prohibiting assembly of five or more people at one spot, will be in force during the period, Thackeray had said, but refrained from terming the new curbs as a lockdown.
One has to wonder what is so wrong with the European Union.
After the verdict, Harry Redknapp, one of the best known figures in English soccer, said the strain of the investigation had been "horrendous" as he fought back tears.
'If the conditions change and we can have the Asia Cup, it must be held as earnings from it are distributed as development funds to member countries for next two years'
Obama spoke to Greek PM Alexis Tsipras in the capital, Athens, as part of a final tour that also takes in Germany and Peru.
Now, experts say strains on fiscal deficit are coming from the revenue side and the administration should, if anything, step up expenditure to prop up the economy that is slowing down.
Once decisions are taken to sell stock in certain state-controlled enterprises, there is no reason to not start scheduling sales immediately.
The United States has held up a reimbursement of USD 400 million (approx Rs 2,080 cr) spent by Pakistan on the war against terror due to the strained relationship between the two countries, adding to the worries of financial managers in Islamabad, a media report said on Monday.
Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.
Officials said the Centre would have to bear an additional subsidy burden of Rs 4,161 crore this financial year, if this proposal was implemented.
Campus recruits can also aim to double the existing entry level package by proving their skills through the TCS national qualifier tests.
Notwithstanding strains in ties with Pakistan over the Osama issue, the United States on Wednesday said it will continue to provide financial aid to Islamabad, pointing out that the country was still facing the scourge of terrorism.
The scrip was the worst hit among the front-line companies on both the indices during the day.
'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'
Fitch said the full implications of Patel's resignation will only become clearer once there is some indication of the RBI's policy approach under his replacement, Shaktikanta Das
'If such inflows materialise, what will be the effect on the rupee's value -- and therefore on exports growth, the only sustainable path to recovery?', asks Mihir S Sharma.
Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.
Addressing the Congress Working Committee, the president of the party said, ""Misfortunes do not come singly. India has been hit by a terrible economic crisis, a pandemic of huge proportions and, now, by a full-blown crisis on the borders with China. Much of each crisis is attributable to the mismanagement of the BJP-led National Democratic Alliance government and the wrong policies pursued by it."
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