The figures confirm that companies in the capital goods, metals and
infrastructure sectors have been hit the hardest, along with those in
drugs and pharmaceuticals.
Inflation downtrend, narrowing twin deficits and supportive economic
policies are likely to boost corporate earnings going ahead.
RIL slips in the BT 500 ranking on lower gas output and falling oil prices but it could benefit from a likely gas price hike and earnings from new ventures such as retail.
Manufacturing's share in the country's GDP has fallen in recent years and it will take more than a marketing campaign to turn India into a manufacturing powerhouse.
Adani aims at building a capacity of 20,000 MW by 2020 - it has built close to 9,000 MW so far - which would involve more debt and pressure on the bottom line in future.
The turnover growth of BT500 companies slowed considerably to 9.7 per
cent in 2013/14 as compared to 12.48 per cent in 2012/13 (and 23.16 per
cent in 2011/12).
In 2013, market capitalisation of conglomerates grew by 13 per cent as against six per cent all the BT 500 companies registered and investors paid almost double the price for these stocks compared to 2012.
One reason for investor faith in this public sector
behemoth is clearly the coming to power of the new Narendra Modi-led
National Democratic Alliance government.
Compliling the BT 500 list was a fascinating journey. It revealed which companies navigated the difficult terrain better than others.
market capitalisation of BT 500 companies has risen 35.5 per cent, with PSUs in the BT 500 showing a 31 per cent rise in combined market
The firm's ability to offer diverse roles and its sensitive
and empowering approach to the challenges that women face
have won many hearts.
Notable trends from an analysis of BT 500 data Called Foldscope, the microscope can be cut out of paper and fitted together
with small lenses, batteries and an LED to a make bookmark-sized
microscope. Know more about the people who made news this past fortnight. Wolfgang Will, South Asia Director for Lufthansa Passenger Airlines talks about his journey to success. "India can do everything, but we're not manufacturing the basic goods", said VIP Industries Chairman Dilip Piramal. Featuring news on Infosys, Kishore Biyani, Satya Nadella, inflation and more The 2014 edition of BT 500 survey is particularly interesting because of the divergent trends it shows.
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