India's service sector proportionately much larger than China's, while its investment and industrial-production shares are much lower
US brokerage Bank of America-Merrill Lynch on Tuesday said its sees the first rate cut this fiscal only in March next as inflation is expected to fall only by December end on a decline in commodity prices driven by the US Fed tapering.
The regulator budget is projected to have deficit of Rs 76.6 cr; fee hike will help turn this into a surplus of Rs 105.7 crore.
Some of the sops being offered to rope in new clients and retain the existing ones are cashbacks, reduced fee, and customised consultancy for clients.
Axis Bank launches Ping Pay to enable fund transfer across various platforms
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
ICICI Bank puts up a good show in Q4.
Shares of IT major TCS on Friday tumbled over 8 per cent after its September quarter numbers failed to meet market expectations.
The Reserve Bank of India is likely to cut policy rates by 0.25 per cent and keep the cash reserve ratio unchanged at its policy review next week, on the back of slower-than-expected growth and more encouraging inflation readings, says a report by HSBC.
In 2015, India chemicals industry had a market size of $144 billion.
HDFC Bank becomes first Indian lender to develop mobile banking app for Apple's latest offering in India.
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
BofA-ML revised its end-2015 rupee-dollar forecast to 60 from 64 earlier.
The auto component sector grew at 5-6 per cent last year against a 13 per cent growth in 2012.
Attractive pricing coupled with improving prospects make the offer lucrative
The Chinese currency too is expected to continue its fall.
Retention of Murthy within the promoter group was crucial for Infosys as the company believed the promoters' relationship would help the company in difficult times.
In the mid-quarter review on December 18, the Reserve Bank left key policy rates unchanged but said it will hike interest rates if inflation does not subside.
4 Ranbaxy facilities in India have been barred from exporting to US.
Sunil Munjal will pursue new business interests and lead Hero Corporate Services as its chairman.
It records 4,000 transfer passengers daily at Delhi hub.
$10 billion TAPI pipeline unlikely before 2020
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Government's push for Make in India which focuses on select 26 sectors and improving the 'ease of doing business' will aid the manufacturing/industrial growth.
As the Reserve Bank maintained a status quo on key policy rates, analysts said higher demand due to supply constraints will not allow inflation to ease as quickly as anticipated and the apex bank may be forced to increase rates once more by the year-end.
Brokerages expect better financials as management is determined to improve profitability.
The total dividend income for seven firms grows 25%.
The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.
Pawan Hans could command a valuation of 8-10 times earnings.
Drop in oil prices and the government's reform agenda has helped India to be out of the Fragile Five group
The onus to explain that the gold jewellery was inherited or bought from known sources of income would be on the owner.
'Is the tech wonder of our times headed for trouble?' asks Ajit Balakrishnan.
While the April-February deficit is pegged at 5.3 per cent of GDP, the final print may be a tad lower due to revenue push and expenditure cuts seen in March, the last month of 2013-14 fiscal year, it said.
Infosys, HCL might fare marginally better than TCS.
Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
Infosys is yet to announce its 2014-15 results.
Bajaj Auto's margins are expected to expand 100 basis points, as volumes have recovered.
Reliance has around 90,000 telecom towers now, half of which are operational and owned by the RIL and rest on lease.
Maruti Suzuki growing in double-digits; Suzuki's Japan Q1 top line rose only 1%.
Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses.
