Tag: corporate earnings

The Nifty and Sensex gained about 1.6 per cent each on Tuesday, led by information technology stocks after HCLTech's quarterly earnings beat expectations. (Bloomberg/File)
Posted in Business

Sensex, Nifty open flat day after sharp rebound aided by IT, financial and FMCG shares

Sensex and Nifty opened flat on Wednesday after a sharp rally in the previous session, as elevated oil prices and sustained foreign fund outflows weighed…

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Posted in Economy

Post-pandemic trend: Strong divergence in corporate profit vs investment math captures policy attention

Corporate profits and profitability have bounced back more strongly than investment since the Covid-19 pandemic, with companies generating substantially higher returns from their existing assets…

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Posted in Economy

Corp tax kitty surpasses personal I-T as gross direct tax crosses Rs 20 lakh crore

Corporation tax collections have overtaken personal income tax receipts so far this fiscal, underlining stronger corporate earnings even as individual tax growth remains muted. Gross…

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