Corporate Growth

President Droupadi Murmu on Wednesday said that the corporate sector is a key pillar of the nation's economic growth and development. While addressing officer trainees of the Indian Corporate Law Service, she noted that their decisions would influence not only policies and regulations but also the trust that citizens and investors have in the country's institutions. As officers entrusted with the implementation and enforcement of corporate laws, "your role will be central in nurturing a business environment that is transparent, accountable, and conducive" to innovation and entrepreneurship, the President said. "The corporate sector is a key pillar of our nation's economic growth and development," Murmu told the trainees, who had called on her at the Rashtrapati Bhavan here. Referring to the Companies Act of 2013, she highlighted their responsibility to ensure that the law is not only enforced but also understood, respected, and applied in a way that promotes justice, fairness, and

The markets, KIE said, may be too bullish on revenues of export-oriented sectors such as automobiles, IT services, potentially pharmaceuticals and specialty chemicals.

The trend for corporate tax collections has been declining relative to overall tax collections. The share hit a high of 67 per cent in FY11 and dropped to 46.5 per cent as of FY24

According to reports, the IT attrition rate for this year is expected to be around 12-13 per cent

Corporate profits have surged to a 15-year high, but sluggish wage growth raises concerns about rising inequality and weaker demand, warns the Economic Survey 2024-25

The average time for processing such applications has reduced to 70-90 days from over six months earlier

Four of the 10 largest sectors - oil & gas, automotive, power, and FMCG - saw year-on-year profit declines, while six sectors posted double-digit earnings growth

As the white-collar hiring pool shrinks, every resignation triggers a contest to match compensation, job profile and flexibility to help work-life balance

A shift in focus towards private investment is required to sustain the growth momentum. This should be a concern for policymakers

As of June 2024, the fund's assets under management stood at Rs 3,247 crore, up from Rs 2,019 crore in June 2022

The firms in these two sectors together accounted for 30 per cent and 15 per cent of the fixed assets of all companies, respectively, in the sample in FY24

Corporate results show growth momentum continues

Kanter has become a lead architect of the most significant effort in decades to fight the concentration of power in corporate America

Reliance Industries is making big bets in a sector where it had a minor position until recently

The highest salary hikes are expected to be seen in e-commerce (10.9%), financial services (10.1%), and professional services and real estate (10% each)

Saw 158,212 new subscribers last year compared to 201,517 during 2022

Unsecured loans rise despite higher risk weighting

Global cybercrime damage costs are expected to grow by 15 per cent per year over the next three years, reaching $10.5 trillion annually by 2025

Sample of early-bird companies shows worst net sales since Q3FY21

The study by the state-run bank sums the number of employees of close to 3,000 companies in the corporate sector in the past five years