Page 165 - Companies

Best of BS Opinion: Hope fades for PSBs, a future without promoters & more

Here are the best of Business Standard's opinion pieces for Wednesday

Surviving in the business battlefield

Book review of The Art of Business Wars

Inappropriate timing, sentiment lead to haircuts in IBC: Experts

Several cases such as those of Videocon and Amtek Auto have seen erosion in value during the long-drawn process of resolving non-performing assets (NPAs)

B2B e-commerce co Moglix names Mukund Vasudevan SVP-strategic partnerships

An alumnus of IIT Bombay and Booth School of Business, University of Chicago, Vasudevan has held leadership positions at Ecolab, Pentair, Schlumberger, and McKinsey

China vows retaliation after US blacklists companies over alleged abuse

China on Sunday said it will take necessary measures to respond to the US blacklisting of Chinese companies over their alleged role in abuses of Uyghur people and other Muslim ethnic minorities.

Rooh Afza, relished across the heated borders, eyes new palates

The drink brings about $45 million of profit a year in India alone, its manufacturer says, most of it going to a trust that funds schools, universities and clinics

Twitter's India business is trending despite company's face-off with govt

According to data intelligence platform Similarweb, the Twitter app's daily active users on Android increased to 10.03 million in May from 7.85 million in January 2021, a 27 per cent rise

74% companies plan to divest non-core assets in 24 months: EY India survey

Survey highlights that a key challenge faced by CEOs today is identifying the right time to divest assets as 70% of surveyed firms said they held on to assets for too long

Shibboleths of the 'ideal' tax system

The time-hallowed principle of focusing on direct taxes is worth questioning

Despite massive jump in M&As, IPOs, i-banking fees dip 10% to $438 mn in H1

Notwithstanding a massive spike in equity capital markets deals and a 37.4 per cent jump in M&As in H1 of 2021 at USD 55.1 billion, investment banking fees fell 10 per cent to USD 438 million, making it the lowest first half since 2016, industry data showed. Overall, SBI Caps has taken the top spot in the investment banking fee league tables with 9.5 per cent wallet share and USD 41.6 million in fees, according to Refinitiv, an LSG group entity, on Monday. Mergers and acquisitions (M&As) reached a three-year high of USD 55.1 billion in the first half, up 37.4 per cent y-o-y in the first half, Of this, cross-border M&As amounted to USD 21.73 billion across 210 deals, up from USD 16.02 billion across 195 deals, according to Refinitiv. Investment banking activities generated USD 437.9 million in the first half of 2021, a 10 per cent dip y-o-y, making it the lowest first half period since 2016 when it was USD 263.6 million, according to the Refinitiv data. Equity capital ...

Gaps in tax reform

Details of new global agreement will need to be scrutinised

Best of BS Opinion: Gaps in tax reform, mapping recovery, and more

Here are the best of Business Standard's opinion pieces for Monday

Playing field: India's toy story needs govt strongly backing the game

80% toys still imported, mostly from China; local industry suffers from lack of scale and innovation

Brazen gaming of bankruptcy process on

According to the data from the Insolvency and Bankruptcy Board of India (IBBI), in over 363 major NCLT resolutions since 2017, banks have taken an average loss of 80 per cent

As work from home deepens …

… are far-reaching social changes coming with it?

Mitsubishi Electric CEO to quit over long-running data deceit

Japan's economy and trade minister, Hiroshi Kajiyama, said earlier that the government would act if it found that Mitsubishi had broken any laws or regulations.

Lunch with BS: Meet Marjet Andriesse, the head that wears the hat

The number of women in leadership roles in tech companies has gone up since she started out 30 years ago but it is still small, Andriesse tells Samreen Ahmad

Federal Soft Systems announces appointment of Kishore Kumar Yedam as CEO

Federal Soft Systems announces welcoming of Kishore Kumar Yedam on board as the new CEO to support the organization's future growth

Averse bankers, willing RBI push companies towards the bond market

The corporate bond market is still dominated by financial companies, but non-financial companies have marked their presence in the past one year

Let's step back from the NPA Scare

Regulators and agencies need to instil less fear in lenders, so that they are able to actively restructure debts