BUSINESS
How savvy financial management is propelling the Adani group
As the Adani group acquires scale, it's stepping up focus on stakeholder communication and investor compliances such as ESG. While the strategy is helping it raise funds at competitive rates, more needs to be done
BUSINESS
How the government can help sustain the growth in home textile exports
Stay-at-home consumers are driving demand for home textiles. Indian exporters are seeing strong sales and market share gains
BUSINESS
Accenture’s rising utilisation levels indicate a familiar challenge ahead for the IT sector
Accenture’s latest results indicate a strong demand recovery. Order inflows have jumped and it expects strong bookings in the current quarter as well
BUSINESS
How Divi’s Laboratories made it big by focusing on fewer products
Divi’s is well placed to benefit from increased sourcing by global innovators seeking to lower dependence on China. It has a proven track record and is building new capacities which can aid market share and growth
TRENDS
Winter products keep festive momentum going for value format retailers
Footfalls at retailers continue to lag previous year’s levels. But average spends and purchases by visiting customers have gone up, aiding a recovery
BUSINESS
NTPC has a long way to go on ESG despite its focus on renewable energy
NTPC is stepping up its ESG focus, targeting green energy capacity additions and pollution control measures. But the company has much to deliver as the poor rating by Sustainalytics shows
BUSINESS
L&T Infotech's deal win gathers pace, sharpens focus on cloud and data products
Large deal wins show signs of recovery after a tepid first half of the fiscal year for L&T Infotech. The company signed two large contracts so far this quarter and sees strong opportunities in the cloud and data products business
BUSINESS
CCI scrutiny is a bad omen for cement companies, but charges have to stick
While cement prices post COVID-19 have been firm, future price hikes may be deferred fearing regulatory action
BUSINESS
Cargo at major ports grows for the first time since COVID-19 struck
Cargo volumes at major ports grow in November after declining for eight months. Container traffic and commodities such as iron ore and coal drive the recovery
BUSINESS
What explains Tata Sons’ vote of confidence in Tata Chemicals?
Tata Sons has been raising stake in Tata Chemicals for a year now, which is witness to early results of a capacity addition-led business expansion plan
BUSINESS
Krishnapatnam port turnaround a shot in the arm for Adani Ports & SEZ
Adani Ports has scaled up Krishnapatnam port’s profitability significantly reducing costs and improving realisations
BUSINESS
Rallis India reaffirms positive farm sentiment, but expectations are tempered
Rallis India, PI Industries and Dhanuka Agritech are all optimistic of growth picking up, going forward. Progress in the rabi crop season and good water availability are giving hope to the farm sector
BUSINESS
Recovery signs visible at capital goods companies, government support crucial
With workers returning, execution is normalising. Customers are investing in efficiency improvement measures. Orders are emerging from new age industries and efficiency improvement investments by clients
BUSINESS
Smaller firms outpace Page Industries
Sales of Lux Industries, Dollar Industries, Rupa & Co. grew at a decent pace in the September quarter, helped by sales of economy range products and growth in smaller urban centres
BUSINESS
Richcore Lifesciences acquisition marks successful diversification for Laurus Labs, scale-up key
Acquisition of Richcore Lifesciences will give Laurus Labs a foothold in the growing biotechnology sector. Scale-up of the business can be time consuming but can yield meaningful earnings benefits
BUSINESS
After a decent COVID-19 run, cement industry awaits post festive demand test
Channel checks by analysts indicate slow recovery in demand post festive season. Prices are either flat or showing signs of moderation
BUSINESS
How Bharat Electronics is withstanding the COVID-19 disruption better
Bharat Electronics sees a strong recovery in September quarter, expects order inflows in the current fiscal to exceed previous year's levels
BUSINESS
Gujarat Pipavav charts growth path, regulator consent key
Dedicated freight corridor connectivity can help Gujarat Pipavav gain market share. The expansion plan is subject to approval from the regulator
TRENDS
Renewable energy capacity additions turn the corner, but challenges persist
Renewable energy sector is recovering from COVID-19 disruption. Capacity additions are set to gather pace as work on delayed projects resumes
BUSINESS
Wipro’s no margin pain reorganisation plan awaits execution test
Wipro new CEO Theirry Delaporte elaborated on the revival plan at an analyst meet. The focus is on growth acceleration and simplification of the organisation structure
BUSINESS
Why NBCC's giant order book inspires limited confidence
NBCC’s order book more than tripled in five years to FY20. But its revenues lagged on slow execution and weak asset monetisation
BUSINESS
Q2 results show Apollo Hospitals better placed on earnings, but Fortis is closing in on recovery
Both Apollo Hospitals and Fortis Healthcare see notable recovery in hospitals business in the September quarter. While Fortis expects the business to normalise by June next year, the recovery in retail healthcare centres can aid Apollo’s earnings
BUSINESS
The silver lining in Big Pharma’s September quarter results
US revenues of large pharma companies improved from the June quarter. The companies benefited from new product launches and moderation in pricing pressure
BUSINESS
With debt receding, all Tata Power needs now is a little help at Mundra
Tata Power's September quarter results show notable reduction in debt. The company saw funds infusion from promoters and realised proceeds from stake sales
