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Desperate times do call for desperate measures, but such an issuance may put sovereign rating at risk
Operating margins decline 56 bps to 8.5% on poor execution and high costs
Margin expansion and higher treasury gains drive profit beat
Revival in the petchem cycle expected to be delayed by a few quarters
Revival in the petchem cycle expected to be delayed by a few quarters
Measures will widen gap between US and Indian bond yields, but won't defend the rupee for long
Increased supply in the second-hand market may keep demand depressed in coming quarters
Downside risks to GDP growth emerge as factory output weakens, domestic consumption and exports fall
Sticks to full-year dollar growth guidance
Infosys does not change its guidance officially and says will take measures to maintain margins
Lodestone helps bump up sequential revenue growth to 2.7%, operating margins may fall by 300 bps in Q2 on wage hikes
Companies like Accenture and Cognizant should have a place in an IT sector portfolio along with TCS & Infosys
ITC, Godrej Consumer, Emami & GSK Consumer look attractive for their high earnings visibility & valuations
Strategists believe stability and superior returns profile of Indian companies warrant a premium
Downside risk to Asian equities from QE3 tapering looks limited but economic growth will be the key trigger
Strategy might not help revive volume growth in passenger vehicle sales
Honda's Amaze has received 22,000 bookings, nearly 30% of Maruti's annual sales of Dzire
Trai lowering of roaming tariffs likely to have negligible impact on financials as existing headline tariffs are lower
From inflation, central bank shifts focus to rupee stability and capital flows
The sharp increase in the prices of the yellow metal over the last decade helped spawn a thriving gold finance business