Funds were raised both through external commercial borrowings and foreign currency convertible bonds
Technology, pharma, medical, biotech, energy, mining & utilities were the top sectors to see a significant decline in deal volume
Lack of political consensus on economic reforms a key concern
Seventh Pay panel recommendations, favourable monsoon, proactive reforms agenda drive sentiment
Brokerages expect revenue growth at a seven-quarter high but profitability may disappoint
The first sign of top line growth shifting to a higher trajectory was seen in the March quarter
Top 10 biggest business groups reported a further deterioration in their debt servicing capacity despite gains from lower commodity and energy prices
Firms to find alternative export routes or face increased trade barriers
The old listing regulations required that the AGM notice be posted on the stock exchanges 21 days in advance
India Inc remains wary of making fresh investments, with subdued demand being a key overhang for businesses, even as concerns grow over muted recovery in the industrial sector, says a poll.The global economic situation, according to the poll, remains fragile and any firm recovery remains elusive as 64 per cent of the participants signalled that demand situation would remain worrisome.The Ficci Business Confidence Survey drew responses from some 120 companies with a turnover ranging from Rs 3 crore to Rs 65,000 crore, spanning across sectors. It gauged expectations between April and September 2016.About 35 per cent respondents said they expect higher investments over April-September, as against 41 per cent in the previous round. The companies stayed cautious about making fresh commitments and about 46 per cent saw no change in investment levels."Given the slew of measures undertaken in about past two years to kick-start investments, the respondents were asked to indicate if they have wi
Their survey index of firms dipped in Jan-April to a 10-quarter low; however, political confidence measure rose
In both previous upturns after the 2008 global financial crisis, the revival halted within a year
Fastest growth in six quarters, without financial and oil sector
Rise in sales growth during March quarter largely led by volumes, though picture varies in and across segments
SBI said it expects asset sales of up to Rs 2 trillion by Indian Industry as part of the clean-up process
Urges Centre to build consensus to ensure GST Bill is passed in Parliament
Since April 2015, 33 deals of Rs 82k crore announced; few took off
The investment put in by the local companies abroad in April this year was higher than $1.36 billion in previous month
Of the total borrowings during the month, $201.05 mn was raised through approval route, while $1.32 bn came through the automatic route
Momentum in PE investment activity strengthened as the values increased 62% y-o-y