India-inc News

From india inc 3 years ago

A crisis of confidence

While the benchmark 30-share Sensex of the Bombay Stock Exchange has doubled since the lows of March, retail investors are still cashing out of the market. It is indicated by the shareholding pattern of Indian companies.

From india inc 3 years ago

‘Cricket is the sport of choice for business people’

Airtel Champions League T20 has created a buzz around sports lovers during the festive season. From October 8, this event is being telecast in over 160 countries in 11 languages, and will go on till October 23.

From india inc 3 years ago

Earnings rebound

Corporate results for the quarter ended September will be keenly observed for signs of economic recovery. Some of the initial results show corporate India is on a rebound as sales are picking up on the back of lower interest rates, robust liquidity and pent up consumer demand.

From india inc 3 years ago

‘The best fundamentals are in commodity

Jim Rogers became an investing legend when he co-founded Quantum Fund with George Soros in early seventies. During the next 10 years, the portfolio gained 4,200%, while the S&P went up by less than 47% and it prompted him to retire at the age of 37.

From india inc 3 years ago

Investing in equities

During the bull-run from 2004 to 2007, companies parked a major part of their surplus money in equities, especially in their subsidiaries. And with markets reviving, companies are finding investing in equities even more profitable now.

From india inc 3 years ago

“We will invest heavily in high-technology areas”

Engineering and construction company Larsen & Toubro is on a major expansion spree. It’s getting ready to tap into the business opportunity once India’s 60,000 mw nuclear capacity addition plan is launched.

From india inc 3 years ago

Disclosure challenges

As the stock market rises and the general sentiment burgeons, there is a rush to collect monies from the liquidity overhang at the moment. With more than Rs 15,000 crore being raised from initial public offerings and around Rs 21,500 crore from the qualified institutional placement route, the scene is buzzing.

From india inc 3 years ago

‘We need innovative financial products that are devoid of gambling elements’

The global financial crisis has underlined the need for responsible corporate governance. Many of the nuances are explained in R Venkata Subramani’s latest book Accounting For Investments: Equities, Futures and Options published by John Wiley and Sons.

From india inc 3 years ago

Retail bets big on expansion

After a year-long lull, the organised retail sector is on an expansion drive. Biggies like the Future Group, Aditya Birla Retail, Reliance Retail, Trent and Spencer’s Retail are adding new stores and charting out plans to set up hypermarkets on the back of lower rentals and buoyant consumer demand.

From india inc 3 years ago

‘When there is a gold digging rush, people who make shovels do very well’

Draper Fisher Jurvetson is a leading venture capital firm with more than $5.5 billion in capital commitments. It has funded companies like Hotmail (acquired by Microsoft), Overture (acquired by Yahoo), Skype (acquired by eBay) and Glam Media.

From india inc 3 years ago

Deterring debt

Fewer expansion plans and lower sales growth have resulted in lower debt-to-equity ratio (D/E) for companies. An FE analysis of 724 companies shows that growth of loan funds decreased from 35.2% in 2007-08 to 33.4% during 2008-09.

From india inc 3 years ago

‘The recent acceleration seen in GDP gives us enough reason to cheer’

With the monsoon reviving across the country, Godrej Consumer Products Limited is optimistic that it would continue to grow at the present rate of 21% or even more. In an interview to Fe’s Simran Arora, Godrej Group chairman and managing director Adi Godrej talks at length about the demand of FMCG products in rural areas and his plans about other group businesses. Excerpts:

From india inc 3 years ago

Private security needs a policy guard

Security companies are going on an overdrive to modernise and expand. While the Rs 1,500 crore Delhi-based Security and Intelligence Services has embarked on a Rs 50-crore expansion plan, global security company Securitas has opened six training centres in Bangalore.

From india inc 3 years ago

‘There is a lot of difference between Made in India and Made by India’

An engineer, educator and government advisor, UK-based Sushantha Kumar Bhattacharya is an authority on design and manufacturing. He founded Warwick Manufacturing Group in 1980.

From india inc 3 years ago

Mid-caps outperform big companies

Financial results for the quarter ending June show that mid-cap companies have performed better than large caps.