On the third quarter of strong earnings growth from India’s top listed companies, led by metal and mining, oil and gas, banking, financial services and insurance (BFSI) companies.

• Ashwini Vaishnaw Encourages German Companies to Invest in India
• Flipkart Appoints Dan Bartlett to Board
• IIT Bombay Sets Up Rs 100 Crore Venture Capital Fund for Startups 
• Tata Power Inks MoU with Asian Development Bank for $4.25 Billion 
• Innovators Facade Shares Skyrocketed 11% on Securing Orders Worth Rs 110 Crore 

Manufacturers and consumer goods companies are, however, expected to face another quarter of margin contraction and decline in earnings. The information technology (IT) services exporters, such as Tata Consultancy Services, Infosys, and Wipro, are likely to maintain their growth momentum but could face margin decline as operating expenses run ahead of revenue growth.