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News digest: Corporate earnings, Jet gets notice, HUL vs ITC, and more

High crude oil prices, interest rate hikes, dearer rupee, and elevated commodity prices to weigh on India Inc's profits

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BS Web Team New Delhi
FY19: 11th year of missed estimates

In yet another disappointment for investors, the current fiscal year may end up with lower than estimated earnings for the Indian corporate sector. According to the data, 2018-19 (FY19) is likely to be the 11th consecutive year of the S&P BSE Sensex earnings falling short of the consensus estimates. The last time the actual Sensex earnings came ahead of estimates was in 2007-08. Read more
 
Jet Airways defaults on lease rentals

 
Jet Airways has defaulted on payments to aircraft lessors and has been served show cause notice by

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First Published: Oct 29 2018 | 1:30 AM IST

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