Another crippling factor was the forex loss, which jumped more than six-times to Rs 416.69 crore from Rs 72.99 crore in the year-ago period.

There have been enough pointers since the Budget announcements in February to show that the government's finances are perhaps not in a great shape.

If the government decides to meet this need, this will put further pressure on the fiscal maths, thus its ability to meet the 3.3 per cent fiscal deficit target for the current fiscal year.

The issue of leverage is haunting many players in the healthcare sector in India. Leverage to hospitals has rapidly increased and is at an all-time high of around 4.5 times of EBITDA.

This trend is sector agnostic. Similarly, in renewable energy sector, the investors are keen on projects backed by the central agencies-with better credit rating-but banks are stepping back seeing the aggression.

Online grocery segment will grow twice as fast as overall e-retail in the next three years.