According to analysts at IIFL, there is risk of ROE declining in FY21 owing to the likely stabilization of new capacities, resulting in resumption of fight for market share. (Pradeep Gaur )
In the just ended financial year, every `100 of shareholder capital generated only `11.7 or so in net profit, levels last seen in fiscal year 2000-01. Photo: Priyanka Parashar/ Mint<br />

Less bang for the buck

3 min read . 24 Sep 2015
Economic reforms are essentially about upsetting interest groups who have enjoyed the privilege of state favours for long, and thus have much to lose from them. Photo: Mint <br />