BUSINESS
Apparel retailers step up store expansion to drive growth, market share
Companies such as Trent, Aditya Birla Fashion, TCNS Clothing and Page Industries have indicated accelerated store additions
BUSINESS
Accenture’s results show big IT companies can weather pay hikes for now
Accenture raised its operating profit margin guidance for the current fiscal and exuded confidence in meeting increased demand for people
BUSINESS
Mid-cap IT catches up on revenue recovery, profit margins key
Revenue growth is set to rebound in FY22, helped by strong order inflows and improvement in troubled business verticals
BUSINESS
Why traditional electric utilities are not building green energy projects with gusto
Pure play renewable energy firms backed by foreign institutional investors often win big in renewable energy auctions
BUSINESS
TechM strengthens enterprise business, but telecom still key to growth revival
Tech Mahindra has acquired 8 firms in last two years. The latest acquisition Perigord Asset Holdings will bolster the company’s capabilities in the healthcare and life sciences vertical
BUSINESS
US stimulus can aid Indian IT's retail business recovery
Stimulus can benefit US retailers, helping them sustain or even accelerate technology investments
BUSINESS
SBI Life and Max Life ride recovery, but will LIC queer the pitch in FY22?
SBI Life and Max Life outpaced life insurance industry growth in February. There are fears that LIC’s impending listing may see it become more aggressive
BUSINESS
Why Indian pharma wants more growth from its home market
India is a focus market for drug companies seeking to diversify outside the US. Companies are adding brands and new products to improve growth rates in India
BUSINESS
Wipro is changing, for good or bad
The acquisition of Capco will enhance Wipro’s capabilities. But Indian IT’s limited success in combining consulting and outsourcing offerings is stoking scepticism
BUSINESS
It's a relief for investors that telcos haven't paid high prices for spectrum this time
Industry leaders Reliance Jio and Bharti Airtel enhanced their spectrum holdings, purchasing more than their renewal requirements
BUSINESS
Rising global food prices have a silver lining for India
High prices can improve realisations. India can also step up exports of food grains and reduce the inventories in the domestic market
BUSINESS
ReNew Power had a good run in India, but competition is catching up
The US listing will help ReNew Power tap rising global demand for green energy investments
BUSINESS
Excess capacity no bother for port operators as tariffs and volumes improve
Profitability of port operators is projected to improve next fiscal year, helped by improvement in volumes and better operating leverage
BUSINESS
Torrent Power shows the way out for troubled power utilities
Troubles at its gas power plants notwithstanding, Torrent Power persisted with building electricity distribution business, helping it grow earnings
BUSINESS
Cognizant’s unique employee retention fund indicates HR undercurrents for Indian IT
Utilisation levels at most Indian IT companies reached optimal levels last quarter. With demand improving, the firms are stepping up hiring
BUSINESS
Will the PLI scheme for telecom gear makers be as much of a success as for mobile phones?
Despite a large subscriber base and domestic market, India imports a significant part of its telecom equipment needs
BUSINESS
As Voltas extends lead in room ACs, investors eye bigger pie in home appliances
Voltas outperformed peers during the last quarter. Cooling products revenue grew at a faster pace and the company increased market share gains in room ACs
BUSINESS
Govt’s infra push to benefit construction sector first and capital goods later
Companies such as Dilip Buildcon and KNR Constructions see sizeable order inflows while capital goods companies expect a more gradual recovery
BUSINESS
High freight rates hurt India Inc, but no panic yet
Despite paying higher tariffs, some customers are unable to secure time-bound shipments. Transportation constraints are weighing on exports
BUSINESS
Market share gains give Adani Ports and Concor an edge
Adani Ports and Concor gained market share in key business segments last quarter. Recovery in trade and commissioning of dedicated freight corridors can help them maintain volume momentum
BUSINESS
Waning COVID-19 brings relief for hospital chains, but worries remain
Hospital chains Max Healthcare, Narayana Hrudayalaya and Fortis saw significant recovery in the December quarter. Non COVID-19 patients increased
BUSINESS
NTPC's and Tata Power’s green energy bets await returns’ test
NTPC and Tata Power are progressing well on their renewable energy ambitions. But as the business gains scale, investors will want to know how they are faring on profitability and return ratios
BUSINESS
Sabyasachi will not stretch Aditya Birla Fashion, scale-up important
Aditya Birla Fashion is well placed to fund its Sabyasachi acquisition. The company has recently raised funds from a stake sale to Flipkart and from a rights issue
BUSINESS
The subtle shift in India's defence budget
The total allocation for defence moderated in FY22. But the share of capex in total allocations continues to inch upwards
