The rupee closed at 74.56 to a dollar - the lowest since November 13, 2020. The intraday fall is the steepest since the August 2019 levels
Sharp decline in visits to workplace, retail and recreation spots
Private sector power utilities such as Tata Power, Torrent Power, JSW Energy, Adani Power and Adani Transmission have been the top performers in the last three months
The analysis is based on a common sample of 1,056 companies that are a part of the BSE 500, BSE MidCap, and BSE SmallCap indices
Tata Sons had liabilities of Rs 33,500 cr and debt-to-equity of 0.7x last year
People are spending more time at home than they were in pre-Covid times. Data as of March 23 shows 9% spike in time spent at residential locations. Workplace visits are down 15%
Lenders depending on personal loans rather than industrial credit
The latest trend is in sharp contrast to the sombre mood in corporate board rooms at the end of FY20, when India was in the middle of one of the world's most draconian Covid-19 lockdowns
The list of India's best unlisted companies is dominated by the subsidiaries of US, European and Japanese MNCs
Earnings improvement over two quarters was without proportionate lending growth
While the lockdown shaved off revenues in most sectors, with the exception of financial services and IT, the decline in profits was even sharper
The BSE metal & mining index is up 144 per cent since the end of March 2020
Power generation holds steady compared to previous week
India is the third most indebted country among major emerging markets, behind Argentina and Brazil.
Bajaj Auto will distribute up to 90 per cent of its annual profit as dividend
Analysts at top brokerages raise FY21-FY23 estimates by 5-6%
Traffic and emissions are lower in some places than others relative to pre-pandemic days
Higher margins more than compensated for flat revenues during the quarter
Bond yields in the US are up nearly 100 basis points from their lows in June last year, while the Nifty P/E remains close to a 25-year high of around 40x
Excise duty payment by OMCs rises 66% YoY, despite 30% decline in net sales