| India Inc takes swap route to beat FCCB redemption blues | 21-NOV-09 |
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| Indian companies have discovered a new path to beat the redemption pressure on their Foreign Currency Convertible Bonds (FCCBs). They are swapping the old FCCBs, which had high conversion premium, with new bonds at a much lower rate. |
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| India Inc discovers the power of two | 18-NOV-09 |
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| When US-based drug major Merck bought Schering-Plough early this month, it decided to go off the beaten track. Instead of having one managing director (MD) for the merged entity, it decided to retain both: Naveen A Rao will continue to head Merck’s subsidiary MSD Pharmaceuticals in India and K G Ananthakrishnan will retain his position as MD of Schering-Plough’s subsidiary Fulford India. |
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| India Inc prefers other sources to bank funds | 09-NOV-09 |
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| Bank credit fell sharply in the first half of the financial year, but the overall funds flow to the corporate sector was virtually the same as the corresponding period last year. |
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| India Inc to witness 20-30% pick up in hirings | 08-NOV-09 |
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| Riding high on a 6-7 per cent expected economic growth and signs of global economy gradually bouncing back, India Inc is likely to hire 20-30 per cent more talent in 2010, a top industry official said. |
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| Merger norms of CCI Act would benefit industry: Khurshid | 06-NOV-09 |
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| The government today expressed its commitment to make it mandatory for companies to seek anti-monopoly watchdog Competition Commission of India's (CCI) approval for mergers and acquisitions (M&A), saying the move would benefit India Inc. |
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| 'Interest rates won't rise for two quarters' | 06-NOV-09 |
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| There won’t be any earnings upgrades for India Inc till it starts investing; and firms aren’t going to invest until they see firm signs of a global recovery, perhaps when fourth quarter US numbers are out. This, in a nutshell, is the view of JPMorgan’s head of economic research. Prior to this, Jahangir Aziz has done a stint as principal economic advisor in the ministry of finance — he’s also headed the China desk at the IMF. |
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| Mukesh, Tata praise Das' contribution to India Inc | 04-NOV-09 |
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| Two of the country's top corporate stalwarts, Ratan Tata and Mukesh Ambani, today showered rich praises on Tarun Das, a day after he demitted office as Chief Mentor of business chamber CII, and described him as the face of modern Indian industry. |
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| India tops syndicated loans in APAC, raises $38.5 bn | 03-NOV-09 |
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| Indian companies have raised a record high of $38.5 billion to fund their upcoming and current projects so far this year, making the country the leader in the Asia Pacific region in the syndicated loan space, global deal tracking firm Dealogic said today. |
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| India Inc gears up for hiring, salary hikes | 29-OCT-09 |
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| Corporate India is getting ready with hiring plans and higher pay packets for 2010, as signs of economic recovery are becoming visible along with a rising confidence in the economy's growth. |
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| India Inc making up for lost time in raising funds | 26-OCT-09 |
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| The lull has given way to a storm. After a year of waiting on the sidelines, India Inc is raising money with a vengeance. In the last four months alone, companies have raised nearly Rs 90,000 crore in equity and debt. And the party looks set to be a long one, with companies planning to raise another Rs 100,000 crore in the next six months. |
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