Page 177 - Companies
90 Norwegian companies plan to expand in India
Many Norwegian companies are looking to increase staff, but bureaucracy and corruption continue to pose challenges
 "90 Norwegian companies plan to expand in India")
TCS loses most as companies take Rs 26,140 cr hit in m-cap
The m-cap of TCS plummeted by Rs 15,168.65 crore to Rs 4,38,197.26 crore
 "TCS loses most as companies take Rs 26,140 cr hit in m-cap")
Companies try out selfies as password alternatives
Facial-recognition apps use smartphone snapshots to verify identity of customers, taxpayers
 "Companies try out selfies as password alternatives")
Companies garner Rs 24,000-cr via NCDs in Apr-Sep FY'17
NCDs are loan-linked bonds that cannot be converted into stock and usually offer higher interest rates than convertible debentures
 "Companies garner Rs 24,000-cr via NCDs in Apr-Sep FY'17")
For companies, debt recast still a long shot
Stringent rules on cash flows mean more than half the debt-laden firms will not make the cut for the Reserve Bank of India's S4A scheme
 "For companies, debt recast still a long shot")
Private sector mobilised over Rs 2.36 lakh cr in FY 2015-16
Companies drum up Rs 4.92 lakh cr through bonds via private placements last year
 "Private sector mobilised over Rs 2.36 lakh cr in FY 2015-16")
Companies raise record Rs 4.92 lakh cr via debt placement in FY16
The amount raised is 6% higher than the previous year
 "Companies raise record Rs 4.92 lakh cr via debt placement in FY16")
Top 7 companies witness erosion of Rs 32,188 crore in market valuation
The m-cap of HDFC tumbled Rs 8,144 crore to Rs 1,75,607.13 crore, Sun Pharma plummeted Rs 7,328.31 crore to Rs 1,96,420.26 crore
 "Top 7 companies witness erosion of Rs 32,188 crore in market valuation")
Companies raise Rs 3.44 lakh cr via debt placement in Apr-Dec
As per a report by Prime Database, Increase in capital raising can be attributed to higher fund mobilisation by private sector
 "Companies raise Rs 3.44 lakh cr via debt placement in Apr-Dec")
Kansai Paint hikes stake in Kansai Nerolac by 2% for Rs 287cr
The shares were offloaded on February 25 and based on the average price of Rs 262.98, the transaction is estimated to have been valued at Rs 287.12 crore
 "Kansai Paint hikes stake in Kansai Nerolac by 2% for Rs 287cr")
Over 64,000 new companies registered in FY 2014-15
Delhi has topped the list of states and Union Territories as it saw registration of 11,076 companies under the Companies Act
 "Over 64,000 new companies registered in FY 2014-15")
In FY15 32 listed companies pay Rs 6,300 cr royalty
Over the past five years, aggregate royalty and related payments for these MNCs increased at a five-year CAGR
 "In FY15 32 listed companies pay Rs 6,300 cr royalty")