A freely convertible country must have sound macroeconomic policies.
Revenue rose 23.4 per cent to Rs 1,655 crore
You can carry forward losses and revise the returns umpteen times in case of mistakes.
With two top exits and uncertainty on growth strategy, Jubilant is likely to remain under pressure
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
According to the global financial services major, following two years of sub 5 per cent growth, India's GDP is expected to be around 5.6 per cent in 2014-15 and around 6.5 per cent in 2015-16.
The view among the regulator and the government is that the currency is overvalued
Reminiscing time spent at the firm he co-created with six other friends in 1981, Infosys non-executive chairman S Gopalakrishnan said many major events in his life are linked to major milestones of Infosys.
Avenue Supermarts, which runs D-Mart, posted a 47 per cent jump in net profit in the March quarter and its revenue and operating profit went up 41 per cent. The company's chief executive and managing director, Neville Noronha, talks to Raghavendra Kamath about strategy.
India's GDP growth to reach 8% by 2017. says World Bank
Excise duty hike for cigarettes could be lower.
Along with a robust set of numbers, the management too sounded confident of its growth prospects
Gross refining margins may decline sequentially but improving petro-chem margins will boost earnings
A 150 basis points fall in realisations too weighed on the top-line.
Continued outflows amid moderation of domestic investments are a concern
The government has promised to keep the deficit at 4.1%
Risk-averse investors can hold up to 10 per cent of their portfolio in gold, while aggressive ones can keep five per cent.
Gains were led by index heavyweights Reliance Industries and Infosys.
Growth in the third quarter (October-December) is expected to be the weakest in years, with spending hit due to unavailability of enough replacement currency.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
For a brand that is still heavily reliant on traditional brick-and-mortar channels, airports are its new malls, drawing in young travelling professionals and encouraging impulse purchases.
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster
The price of the Indian basket of crude oil jumped as much as 78 per cent to cross $50 a barrel last week, from a multi-year low of $28 in January.
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
The numbers hidden behind the results tell a story of zero-return businesses and lower prospects for the core units
This time, the global appetite for risk is in favour of India.
After Infosys, hike in other IT companies also seen in 6-9% range.
Advance corporation tax collections grew 8 per cent in H1FY17 against 6 per cent last year. A moderate pick up in advance corporation tax collections suggest the sector might not witness significantly high growth in FY17, says Dilasha Seth.
Consensus continues to be cautious with analysts pointing towards tougher days ahead
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
The 30-share Sensex ended in the red.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
Infosys' chief executive officer and managing director Vishal Sikka says despite a healthy guidance, he can't say if this would be 'industry leading'.
Indian Economy poised for growth, say experts.
Earning woes drag markets lower; TCS, HUL lead fall.
During floods in Kolkata, the roads were strewn with stalled Santros, engines filled up with water.
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances