MNCs see surge in free cash flows
IF the cash churned out by a business is a sign of its health, then the multinationals (MNCs) operating in India seem to be in pretty good shape. The free cash flows of the Indian arms of 70 multinationals have more than doubled in the ...
FMCG sector looks to rain gods
"For an FMCG company, the well being of a rural economy plays an important role as almost 50 per cent of topline comes from rural India. Poor monsoon will, therefore, have a negative impact."
BSNL, pvt cos oppose TRAI access deficit charge plan
PRIVATE telecom operators and Bharat Sanchar Nigam Ltd have opposed the Telecom Regulatory Authority of India's new formula for imposing the access deficit charge. While the former has objected to the entire concept of imposing deficit ...
Lenders may get better deal in amended Securitisation Act
THE Securitisation Act could soon become more appealing for lending institutions. Besides toying with the idea of stipulating a fixed time frame for the appellate courts to dispose of cases, the Ministry of Finance is also considering a ...
First quarter fails to cheer beer companies' sales
THE beer industry came off a sedate first quarter, which also happens to be the peak summer consumption period for the highly seasonal drink in the country. Market leader United Breweries (UB) Ltd has indicated that industry depletions may ...
Electronics hardware export up 37%: ESC
ELECTRONICS hardware exports have registered a record growth of over 37 per cent in rupee terms and 44.6 per cent in dollar terms during 2003-04 to touch Rs 7,700 crore compared to Rs 5,600 crore the previous year, the IT export promotion body, ...
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