Page 38 - Krishna Kant

Waiting for revival

There is new optimism in boardrooms, driven by the recent improvement in both GDP growth and India Inc's financial performance. The long-awaited recovery may be around the corner

Corporate India sees earnings rebound after sharp fall in March quarter

Corporate India's earnings up 7.9% in April-June quarter, led by energy, metals and mining companies, and retail lenders

June quarter results: Retail lenders spur consumer demand across industries

Analysts expect the trend to continue for a while, given the low level of household indebtedness

Tata group profit rises 35% under Chandra; importance of TCS, JLR declines

While Tata Motors' domestic business contributed with a 33 per cent year-on-year jump in net sales last financial year, the story at JLR was disappointing

Retail NBFCs outdo private banks in profits as lending picks up pace

Listed retail NBFCs reported a combined net profit of Rs 108 billion during the January-March quarter, compared to private sector banks' net profit of Rs 72.9 billion

Subpar performance: Q4 revenue improves, profit under pressure

Double-digit sales growth, operating margin at 16-quarter lows

Top listed firms report an improvement in their debt servicing ability

The ICR for 1,056 firms (ex-financials, energy & IT services) improved to 4.4 during the April-December 2017 period

India's retail banking now bigger than Russia's but not close to China's

With a loan book of $268 billion, India's retail banking is now ahead of Russia, Malaysia and Mexico but behind China, Brazil and Thailand

India Inc critical of Trump plan to levy import duty on steel and aluminium

Not surprisingly corporate India is not pleased with the latest move by the Trump administration

Rs 114-bn PNB scam: Auditor Deloitte seeks answers from Nirav Modi company

The auditor to Modi's Firestar International, Deloitte signed off the accounts for financial years ended March 2016 and March 2017

A year on, Tata Sons chief Chandrasekaran shines bright over Bombay House

The Tatas have also impressed the Indian car buyers with a new range of passenger cars

Earnings improve, but not yet in high gear; India Inc net up 10.6% in Q3

Information technology services and pharma, India's two biggest exporting sectors, continue to face headwinds

Budget 2018: FMCG, farm sectors to lean on consumption to boost growth

Could push revenue growth at consumer and farm sector-related firms but gains might be tempered by higher inflation and borrowing cost

From HUL to Maruti Suzuki, India arms now mean more to MNCs: Here's why

Listed Indian subsidiaries' share of their MNC parents' total market cap doubles to 6.3% from 3.1% in 2013; P/E multiple premium rises sharply

Q3 earnings off to a good start; combined net profit of 130 firms up 16.5%

Combined net sales were up 12.6% YoY during the Oct-Dec 2017 quarter, growing at the fastest pace in the last three quarters

Double-digit earnings growth for Nifty companies in Q3; base effect in play

Combined net profit of Nifty50 firms estimated to grow by 15.4%

Earnings, bond yields show opposite trends for the first time in 6 years

Earnings yield for BSE 500 firms down 120 bps in 12 months; latter up 110 bps

IT sector back on investors' radar

IT exporters are also likely to gain from a recovery in global growth

Retail lenders, RIL help India Inc's combined net profit rise 8.6% in Q2

Mid- and small-cap companies seem to have done better than top-tier companies

Household savings at two-decade low

At 18.6% of GDP at current prices in FY17, down from a peak of 25.2% in FY10; financial savings at a 2-yr low of 7.8%