Higher GDP doesn't mean more profits Good only for levies and employees
STOCK market axioms have it that higher GDP (gross domestic product) growth leads to even higher growth in profits of listed companies. Or do they? An analysis of the financial performance of 125 major companies over the period between 1995 ...
If all goes well, T+1 by Oct: Bajpai
COME July 1, 2004, an institutional investor may possibly have the shares purchased by it on any day being credited to its account on the following day and simultaneously find its bank account swiped off for an equivalent value. But a lot ...
RBI fiat: Bankers see no hitch in paying dividends
THE latest RBI fiat on dividend payouts by banks may not prevent most of them from declaring dividends, according to bankers. However, stock brokers and analysts expect the central bank's decision to have a negative impact on the bank's stock ...
Bharti, VSNL in Rs 500-cr pact to share STD network
THE Bharti group on Sunday finalised a Rs 500-crore deal to share its national long-distance (STD) network with VSNL in a first-of-its-kind accord between two top telecom service providers in a bid to optimise capacities in the NLD ...
PFC slips over Jindal loan due to yen-dollar fluctuation Loss put at Rs 4 crore
POWER Finance Corporation (PFC) has slipped up over a loan to Jindal Thermal Power Company Ltd. This has resulted in a loss of around Rs 4 crore to the power sector lender. In March of last year, PFC had lent $50 million to the Jindals for ...
Votebank politics hits Mumbai realty issues
THE Mumbai Metropolitan Region extends over an area of 4,355 sq. km. Much of this region, excluding a part of Thane and Raigad districts, comprises the six Lok Sabha constituencies of Mumbai South, South Central, North East, North West, North ...
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