As share of cash volumes in trading mix sees decline, it will result in moderation of profitability from core broking operations.
Savings in deposits by the households rose, however, to Rs 1 trillion (17 per cent) in the year to Rs 6.91 trillion in FY14 as against Rs 5.91 trillion in 2012-13.
'A time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months.'
It carried more than five million passengers across various sectors registering a growth of 20 per cent.
Thus far in FY21, BSE, NSE have rallied 70 per cent and 71 per cent, respectively.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
Ratan Tata has invested his own money into 3 high-growth online retail firms, which are yet to make a profit.
The total vehicle registrations in India fell by 29.85 per cent to 1,52,71,519 units in financial year 2020-21, the lowest in the last eight years, the Federation of Automobile Dealers Associations (FADA) said on Monday. Total vehicle registrations were at 2,17,68,502 units in fiscal year 2019-20. All categories of vehicles, except tractors were in red in FY21 with two-wheeler (2W), three-wheeler (3W), commercial vehicles (CV) and passenger vehicles (PV) falling by 31.51 per cent, 64.12 per cent, 49.05 per cent and 13.96 per cent respectively -- the lowest in last eight years and way below the FY13 levels, FADA said in a statement.
Many are now cheaper after stock splits. But look at key parameters
Fitch Ratings says in a report published on Thursday that the spillover effects of a weaker rupee have not significantly hurt India's creditworthiness, and hence would not trigger any rating action as this point.
Barring one, three are debt-free and sitting on large cash reserves.
New series points to a sharp recovery since FY14.
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.
According to Ind-Ra's analysis, credit metrics of hotel companies have showed a downward trend since FY08.
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.
With over Rs 55,000 crore debt, Air India management has been trying to pare burden by monetising non-core real estate properties.
Excise duty cut for auto company is a great boon for the sectors, expert feels.
Capital expenditure by private companies halved in FY13 from that in FY08; households put more money into gold, houses.
Increasingly, more companies are making cars in the country and exporting them globally.
SpiceJet is expanding international operations to improve dollar earnings and offset losses caused by currency rate fluctuations.
Analysts wonder if the firm will discontinue giving annual guidance.
But return on equity deteriorated for 7 of the 12 firms analysed.
Infy's cash utilisation may play role in whether valuation gap too narrows
The city saw an increase of 38 per cent to 40 per cent in high-end and mid-segment residential property.
These are the highest-earning bank CEOs in India.
The brokerage firm cautioned that there is a possibility of further downside risks to growth, especially in the near term as RBI's policy interest rate cuts in recent months has not been translated into reduction in bank lending rates.
The national carrier, which is already struggling with its fuel payments, spends Rs 6,000-7,000 crore annually on fuel. A 10 per cent hike in crude price would mean over Rs 50-58 crore of extra costs for the airline.
Even as some automakers limp, others charge ahead.
While write-off will push up its debt equity ratio, decline in equity will push up return ratios.
Profit in FY13 up 18% to Rs 3,713 crore, dividend income jumps 37%
The results declared by key companies for the three months ended March 31 show most firms have managed to arrest the moderation in volume growth witnessed in previous quarters.
Could turn out below last year's budget estimate, with some improvement in revenue and spending
Renault Kwid is a good entry-level car for Indian roads.
Tata Consultancy Services, India's number one information technology services company, could overtake Infosys to become the most profitable one for the first time on a full-year basis in 2012-13.
The Bombay Stock Exchange IT index has dipped almost 9% or 585 points at 6,210 compared to 1.56% fall in benchmark Sensex at 0917 hours.
Rising usage of smartphones and tablets have hit PC sales.
The Indian mobile handset market has grown by 14.17 per cent year-on-year to Rs 35,946 crore in 2012-2013.
Improves market share but rivals outperform in revenue growth and on-time performance.
A look at six indicators shows all of them have collapsed from positive growth in April to contraction in September.