After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral.
Senior Executive Director & Co Head (Strategy) of Kotak Institutional Equities Sanjiv Prasad tells Prasanna D Zore/Rediff.com that even if there are a number of challenges facing the Indian equity markets, there are certain sectors that offer a ray of hope.
Its plans, to cut tariffs by 40% or offer more data, comes bundled with 1 GB high speed data for 28 days with unlimited voice thrown in.
Falling revenues, increased capex, and first full year of spectrum debt may make things worse
The court has also questioned Epic's assumption that Tata Consultacy Services used the information for the creation of a competitive product
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
Respiratory product paves way for launch in larger markets and greater earnings visibility.
Exemptions, and the fact that farm income is outside the tax net, ensure that India's tax-GDP ratio stays low.
Materials and utilities were the worst-performing sectors in March.
The verdict on deemed licences has the Street question whether Sesa Sterlite owns any mines in Goa.
Analysts factor in 200-300-bps impact on sales in FY16
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
Competitive price will face stiff challenge from incumbents such as DD Free Dish
Asset quality stress has ballooned recently, as growth slowed and interest rates continued to rise.
Analysts expect earnings to become increasingly relevant given that the stocks have rallied on positive sentiment and the gush of liquidity. Macro factors, they suggest, have already led to a large re-rating in most counters
Lower fuel subsidy payouts might restrict gross fiscal deficit in FY15.
The S&P BSE Midcap and the S&P BSE Smallcap indices added 0.5% and 0.7%, respectively
India's economy grew at a two-year high of 5.7 per cent in the first quarter of this financial year, after a below-five per cent growth in 2012-13 and 2013-14.
Company feels automation is a big tool to drive down costs and improve efficiency
Trai lowering of roaming tariffs likely to have negligible impact on financials as existing headline tariffs are lower.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
Most sought-after market of the past few years doesn't feature among top bets in Asia, emerging markets
Infosys has been aggressively embracing automation tools.
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
If Chinese growth starts falling, sharply or otherwise, the risk on trade might reverse.
IT and pharma companies again save the day; mask pain in domestic consumption.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
India's e-commerce market grew 27 per cent in 2014 to $3.8 billion.
Will Infy spring a surprise in subdued second quarter?
In the last 3 months, rupee has depreciated 16% against dollar.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
In the April-June period, bond yields rose by 30 bps.
Markets and blue chip stocks may see a downward correction in short-to-medium term.
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.