Weekly Round Up – Week 30
It is turning out to be a good quarter for Corporate India in terms of financial performance for quarter ended June’16. Most of the companies have reported an improvement in…
Telecom Sector – The SUC muddle..
Telecom Commission (TC) has proposed to fix spectrum Usage charge (SUC) at minimum 3% of revenue on aggregate basis for all existing spectrum and for all future auctions also, as per…
Bank Recapitalization – Precursor to consolidation..?!
Government’s decision to recapitalize banks is a prudent move which would reduce considerable stress from the banking sector. Public Sector Banks (PSBs) have been reeling under the load of growing NPAs…
HCC – Too old to fail..!
HCC (Hindustan Construction Company) got reprieve from the lenders last week with the invocation of S4A (Scheme for Sustainable Structuring of Stressed Assets) scheme, released by RBI to tide over the bad…
Power Sector Consolidation – The Rationale..
The acquisition of Jaypee’s power unit by JSW Energy, the third for the company in recent past brings back focus on the sector. The sector also saw another big deal,…
Reliance Industries – Beneath the quarterly numbers..
Reliance Industries has posted another good set of numbers with 18% jump in profits for quarter ended June’16, on top of similar 16% jump in the previous quarter. Its core margin…
Weekly Round Up – Week 28
The results season for quarter ended June’16 begins. It looks like not-so-good FY17 beginning for IT majors with both Infosys and TCS reporting pressure on margins. While consolidated sales grew…
Fertilizer units Revival – A transformational initiative..!
The Cabinet decision yesterday to revive three closed fertilizer units at Sindri (Jharkhand), Gorakhpur (Easter U.P.) and Barauni (Bihar) is a landmark decision being under consideration for almost a decade now.…
Ultratech Jaypee deal – Lenders take all..!
The acquisition of Jaiprakash Associate’s Cement business by Ultratech is another important milestone for the Aditya Birla Group which has been consistently expanding its businesses across all segments. The group…
Financial Stability Report – The Good and the Not so good…
RBI released its Financial stability report, published twice a year, last week. The report shows a significant reduction in financial stress being faced by the corporate sector even though operational stress,…