ICICI Bank, HDFC Bank, Infosys, SBI and L&T among fund managers' preferred bets.
L&T had also sought shareholders' approval to raise $600 million through a qualified institutional placement.
David, is set to join Hewlett Packard Enterprise as a senior VP for Enterprise Services Delivery.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
HDFC Equity, the largest equity fund, also managed by Prashant Jain, with a corpus of Rs 10,445 crore, has 9.4 per cent of its assets in SBI.
Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.
The infrastructure space was one of the worst victims and things were at standstill.
The attempted hostile takeover bid of Mindtree by Larsen & Toubro is a "grave threat" and "value destructive" to the organisation collectively built over 20 years, the promoters said pledging to "unconditionally oppose" the hostile takeover attempt.
The year 2017 could be the third year of a double-digit growth in arrivals from China after years of low single-digit growth
Both the government and RBI have to complement each other if the economy has to revive quickly.
MEIL has become one of the fastest growing and most successful infrastructure and engineering, procurement, and construction companies in the country in recent times.
Seven students were made international offers.
The double-line pilot section will be commissioned with an investment of Rs 1,000 crore.
Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.
Tata Steel (then Tata Iron and Steel), the most valuable index company in 1991, is now the least valuable.
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The debt-equity ratio was as high as 1.4 times the net worth as certificates of deposit and inter-corporate deposits gained popularity.
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
Tie-up with MBDA will have Indian partner as majority shareholder; first product likely in 2 years.
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
Defence experts want defence expenditure to be at 3% of GDP, which they consider minimum to counter the two-front threat from China and Pakistan, internal insurgencies, and dominating a 7,500 km coastline and the Indian Ocean beyond. What Arun Jaitley has given India this Budget is 2.16% of GDP, observes Ajai Shukla.
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
Power generation and distribution is the most indebted sector
Experts say while the increasing demand for a ban on Chinese goods might make for good optics, the reality is that India is still heavily dependent on that country in a wide range of industries like electronics, mobile devices, auto, pharma, telecom equipment, and fertilisers.
The 13 firms under consideration had nearly a million employees as of March 2018, including contractual and temporary workforce.
Over the past few months, macro parameters have improved.
The Anchor and Panasonic connection is a blend of legacy and quality and there really is no question of substituting one for the other. Panasonic is banking on Anchor's familiarity and widespread recall, to push its way ahead in the premium, automation-aided home appliances and accessories market.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
Finance Minister Arun Jaitley last month pointed to the high cost of capital for India's businesses as a key factor behind a manufacturing slowdown.
Hero MotoCorp's promoter Pawan Munjal emerged as the highest paid director.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
ICICI Bank was the top loser along with index heavyweights RIL, ITC and HDFC.
The chairman of one of India's biggest industrial groups, Larsen & Toubro Ltd sees little sign of a recovery in Asia's third-largest economy,
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.
Over 93% of the orders in the year came from the central and state governments, PSUs, and NHAI.
Godrej and some other firms are frustrated at what they say is the slow execution of projects and lack of government support, which are hampering India's efforts to compete with China and Russia as a cheaper option for launching satellites.
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
