India Inc’s strategy to build bigger cash reserves comes at a time when companies worldwide are grappling with economic uncertainties stemming from high interest rates, supply-chain realignments, tariff wars and geopolitical disruptions
While global and domestic demand concerns persist, analysts believe strategic investments arising from inorganic opportunities will drive growth
Mukesh Ambani, chairman and managing director of RIL, said the company is now ready for the next level of growth after consolidating its balance sheet in FY24.
AU Small Finance Bank had announced the merger with Fincare Small Finance Bank in October 2023.
Group CFO Jugeshinder (Robbie) Singh in an earnings call said the group is confident of its internal controls, compliance and corporate governance.
Dish TV's largest shareholder Yes Bank Ltd (YBL) and the promoter family led by its former chairman Jawahar Lal Goel were engaged in a legal battle over board representation in the company.
In real estate, logic goes for a toss when one finds two identical companies with similar financials but different fortunes on the bourses.
Pain points for banks were loans to small businesses, especially those given under the Emergency Credit-Linked Guarantee Scheme. Microfinance loans, too, had come under pressure because of the spread of the Omicron variant in the March quarter
Pace at which US Fed intends to roll back accommodative monetary policy can unnerve markets. While upbeat wage growth signifies robust demand conditions leading to better earnings prospects, there is a high risk for valuation contraction due to lower liquidity
As part of the fundraiser, Ferrovial subsidiary Cintra Global SE will invest equity capital of up to Rs 3,180 crore for a 24.9 percent stake in the company, while GIC will invest equity capital of up to Rs 2,167 crore for a 16.9 percent stake.
Indicators such as return on capital employed, leverage, interest cover and liquidity for non-financial firms are on average much better than they have been for years
The year ended with an overall surplus of Rs 99,122 crore as against Rs 57,127.53 crore in the previous year, representing an increase of 73.51 per cent, as per the RBI's Annual Report for 2020-21.
Companies with strong balance sheets will come out winners
It gives us the information of the asset, liability and shareholders equity on a particular day. It is the report card of the company
As the current financial year draws to a close, analysts and experts will start looking and dissecting financial statements of different companies.
Any one-time transfer of accumulated reserves will have the impact of shrinking the RBI balance sheet, except in a case where the RBI transfers a part of that excess reserves to the deposits of the central government held with it. In the latter case, the transfer will only change the composition of liabilities side.
Wall Street cheered the Fed's gradual plan to trim its balance sheet. In an interview to CNBC-TV18, Geoff Lewis, Global Strategist-Capital Markets Group, Manulife Asset Management shared his readings and outlook on Fed's plan.
Research firm is upbeat on the stock citing these reasons; sets target price of Rs 934 with an upside potential of 40 percent.
Research firm has a overweight call on the stock, citing the company being fastest-growing aluminium and zinc firm in the world; sees risks to balance sheet going down.
One of the largest realty developer DLF has entered into an exclusive pact with the private equity firm GIC. The documentation work for the deal will take 2-3 months, said Ashok Tyagi, DLF‘s Chief Financial Officer.
Asserting that adequate capital will be made available for state-owned banks, Economic Affairs Secretary Shaktikanta Das today said every amount of tax payers' money given would be linked to their performance.
Hit by increase in non-performing assets and subdued global demand, the national export finance institution Exim Bank is looking at a muted growth of 5-7 percent for the current financial year.
Banks and stressed companies get yet another variant - Public Sector Asset Rehabilitation Agency (PARA) - to resolve bad loan problems. But will it be successful?
Bajaj Finance reported a 36 percent rise in net profit to Rs 555.56 crore for the third quarter of current fiscal. Total Income rose to Rs 2,729.08 crore in comparison to Rs 2,069.62 crore quarter-on-quarter.
Reserve Bank Governor Urjit Patel today said it would not have any automatic impact on the central bank's balance sheet, putting credence to the view of many analysts that government may not make any windfall from the demonetisation.