Fiscal 2017
Recent Highlights
All Stories for Fiscal 2017
ICICI Bank CEO Chanda Kochhar draws Rs 7.85 cr in FY17, Rs 2.18 lakh per day, up 64%
•Kochhar's total cost to the company was over Rs 4.79 crore in 2015-16 and basic salary was Rs 2.32 crore.
Vodafone's operating profit slides 10.2% in FY17 after Reliance Jio's entry
•The entry and the initial free offerings of Reliance Jio has severely hurt the financials of the incumbents as they seek to protect their customers from moving out
Good news on Railways 2016-17 revenue: Why there is still a crying need to raise fares
Sindhub •Railways has failed to achieve even its revised passenger revenue target for the fiscal while freight revenue has declined significantly year on year
Infosys down 4%; market cap plunges by Rs 8,589 cr post Q4 numbers
•The stock was the worst performer among the 30-Sensex companies.
Infosys misses revenue target, but aims to hit $20 bn topline by 2020; earnings in 10 charts
Fp Staff •Attrition has been a sore point for the software giant. However, the company seems to have managed to rein in the employee churn. At 17.1 percent, the rate is lowest in at least 12 quarters.
Q3 GDP at 7%: How agriculture, with a robust output, saved the day for Narendra Modi
Kishork123 •The government data shows the rabi sowing is at record high despite demonetisation. So even in the fourth quarter the support from the agriculture sector is likely to continue for the overall GDP
TCS October-December 2016 quarter net profit up 11% to Rs 6,778 cr
•Revenue of Tata Consultancy Services was up 8.7 percent at Rs 29,735 crore in the third quarter of 2016-17, from Rs 27,364 crore in the year-ago period.
At 7.1% GDP, we still beat China, but Modi govt has reasons to worry with pvt investments elusive
Dinesh Unnikrishnan123 •In short, at this stage, India’s growth is largely a consumption-led, government-funded story rather than triggered by fresh capital expenditure by companies.
GDP records tepid growth at 7.1% in April-June quarter; worry for Modi government
Fp Staff •India's gross domestic product (GDP) slowed to 7.1 per cent for the first quarter of this fiscal, from 7.5 per cent in the like period of 2015-16, due mainly to lower activity in farm, mining and construction sectors, official data showed on Wednesday.
India to clock 7.4 per cent GDP growth this fiscal: StanChart
•The Indian economy is expected to clock a GDP growth of 7.4 per cent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report says.