While overall employment rose from 456 mn to 463 mn between FY11 and FY15, with farm employment falling by 26 mn over the same period, the net addition to employment over the entire four year period was a mere 7 mn.
Revenue, however, grew just 1 per cent to $15.01 billion in the reporting period, compared to $14.87 billion in Q1, FY'11.
ICICI Bank on Thursday reported a 16.85 per cent rise in consolidated net profit to Rs 1,567.93 crore (Rs 15.67 billion) for the quarter ended March 31, 2011.
It carried more than five million passengers across various sectors registering a growth of 20 per cent.
According to Knight Frank Research, 1.07 million sq ft of office space was transacted in Q4 FY13, thus showing a fall of 11 per cent compared to the same quarter last year.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
The report is based on data collated from 5 large angel groups.
Act says remuneration to directors and key managerial personnel should involve a balance between fixed and incentive pay.
The company hasn't been able to find a buyer because of the slowdown.
With their net debt estimated at Rs 1.15 trillion, the merged entity will not be in much of a position to dole out freebies, says Romita Majumdar.
About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow
Adjusted gross revenue of the industry has grown just 5.3 per cent during the financial year ended March 31
Patanjali's packet milk to be lower than competitor brands by Rs 2 a litre
UTI's legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium
Impact of the slowdown is most visible among promoter/owner-CEOs
Chaturvedi said the highest ever FDI flows received by the country were in FY12 at $35.12 billion while in four months of this fiscal alone we have crossed $10.75 billion.
'It is a worrying trend as we are not seeing too much fresh capital being raised for new projects, plants, expansion or diversification. It's just private equity or venture capital or promoters cashing out.'
Maruti is now at a market share of 50.4%, up from 47.3% last year. In China, the world's biggest market, Volkswagen is the largest, with a share of 17%. In America, the second biggest, GM is leader with 18%. One exception is South Korea, where Hyundai has a market share in excess of 60%.
The lenders have not ruled out selling the property to recover part of their loans to the company.
Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years.
The company reports profit of Rs 4500 crore in FY14, up from Rs 446 crore in FY10
The agency did not seek a reappointment in FY12.
The strong correlation between its sales (revenue or turnover) and crude oil prices (average for the financial year) suggests that Ambani may be proved right.
Govt has no plan to divest stake in Air India.
'Indian non-bank lenders stand exposed to a deteriorating credit quality environment.' 'Such a deterioration could put at risk the value of NCDs purchased by the mutual funds and expose investors in bond and liquid funds to a risk of capital loss.'
Use of expensive hotels or five-star hotels for stay during the travel or holding events has been restricted
The report is based on a joint survey by Nasscom and the PricewaterhouseCoopers.
To double its current turnover of Rs 13.53 billion in five years, the firm plans to generate 25 per cent of this consolidated revenue from FMCG sales.
Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
The state-owned bank's loss largely offsets the Rs 1,800-crore (Rs 18-billion) capital injection the government will make in FY14.
The SC bench headed by judge S S Nijjar suggested to appoint foreign arbitrator in RIL'a ongoing case on gas pricing.
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
Between FY05 and FY12, rural poverty declined at 2.3 per cent per annum and urban at 1.69 per cent.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
Inflation is estimated to be around 8 per cent in FY15 and is likely to decline further towards 6.5 per cent in FY16, Citigroup said.
Favourable response to launches, recovery in CVs will aid growth.
FIIs are looking at the long-term story and initiatives of Indian pharma companies to transform themselves into global entities.
Motilal Oswal of Motilal Oswal Financial Services tells Puneet Wadhwa why he thinks the current market levels will sustain.
While some equity analysts have raised target prices for public sector banks, others remain cautious