Dividend pay-out by the group companies grew at a compounded annual rate of 15.7% under Cyrus, sharply up from 2.5% in the previous three years
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
Oil subsidies to fall 44% in FY15.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
Corporate indebtedness is now twice what it was before the global financial crisis; banks' bad loans ratio is 3.5 times higher.
The Supreme Court order asking Kolkata-based Advanced Medicare and Research Institute Hospital to pay Rs 5.96 crore as compensation for medical negligence could wipe out an entire year's profit. With interest, the compensation translates to a little more than Rs 11 crore.
Private companies have been increasing their dividend payouts at a much higher pace than their public-sector counterparts, though some state-run companies are making huge payouts in absolute terms.
Total fuel subsidies accounted for less than 1 per cent of GDP and under 3 per cent of total government expenditures in FY14.
Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.
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Government divestment reached record figures after the financial crisis, at the same time as promoters were required to bring down their stake in companies to 75 per cent or less.
The RBI view comes within a fortnight of the sectoral regulator FMC in a report stating that the promoter Shah and promoter company Financial Technologies are not eligible to run the crippled exchange, an order challenged by the group in the Bombay High Court.
The government allocated Rs 650 billion for petroleum subsidies in FY14, of which Rs 450 billion was used to pay oil marketing companies for the subsidy gap incurred in the previous financial year.
But lower growth numbers in the quarters to come may not mean renewed weakness in the economy at the ground level, says Pranjul Bhandari.
Despite superior margins, JLR hasn't had a smooth ride in China.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
At its current stock price, RIL now has 8.4 per cent weight in the Sensex against Infosys' 8.8 per cent.
The shops became a subject of a political controversy last week.
Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
According to SFIO, the modus operandi of the Reebok fraud involved filing fictitious invoices to show inflated sales, recording fictitious sales by raising prices of goods sold.
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Barring one, three are debt-free and sitting on large cash reserves.
Indian economy about to take-off
The country imported 9.31 million tonnes (mt) of steel in FY15.
After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
It, however, lags other states on crucial parameters such as health care and rural poverty.
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