The data from the survey showed only 8.5 per cent services enterprises were "public limited companies" and 7.9 per cent were "limited liability partnerships"
Regulators under the Ministry of Corporate Affairs need reform to match the empowerment and autonomy of financial sector regulators
Rekate talks on uncertainties due to global tariff wars, how Indian companies are navigating these challenges, and why India continues to be an important market for the American lender
Holding that global trade is going to be completely reset, Sitharaman said India has to ramp up bilateral relationships with friendly countries
Trust Ring Co, an Osaka-based IT company, believes that a little fun can go a long way in keeping employees happy
As many as 17,654 companies have been closed down till January 26 in the current financial year and a total of 1,38,027 firms were registered during the same period, according to official data. The data was shared by Minister of State for Corporate Affairs Harsh Malhotra to the Rajya Sabha as part of a written reply on Tuesday. As per the data, 17,654 companies have been shuttered in the current financial year till January 26. The figure includes companies that have been amalgamated, converted into LLPs, liquidated/dissolved and struck off from the official records. The count of shuttered companies stood at 22,044 and 84,801 in 2023-24 and 2022-23, respectively. The data was furnished in response to questions by YSRCP Rajya Sabha member Parimal Nathwani. Companies are registered in the country under the Companies Act, which is implemented by the corporate affairs ministry. The ministry also implements the Limited Liability Partnership (LLP) Act. Till January 26 of the current fi
According to estimates by various brokerages, the combined net profit of the Nifty 50 companies could grow 7.9 per cent year-on-year
The last five-years however has been the best for corporate India in terms of net profit growth thanks to margins expansion and gains from a cut in corporate tax in September 2019
Employers in India reported the strongest employment outlook for the January-March period next year, with 40 per cent corporates aiming to increase their staffing levels over the next three months, the latest ManpowerGroup Employment Outlook Survey said on Tuesday. The survey, which gathered data from more than 3,000 employers across various regions of India, revealed that 53 per cent of employers plan to hire, while 13 per cent anticipate a decrease in their staffing levels in the the first quarter of the 2025 calendar year and 31 per cent do not expect any change. The net employment outlook (NEO) -- calculated by subtracting the percentage of employers who anticipate reductions in staffing levels from those who plan to hire -- after seasonal adjustment stood at 40 per cent, strengthened 3 percentage points from both last quarter and year-on-year. "India remains one of the world's fastest-growing large economies, with its position as the global leader in employment outlook for Q1 .
Experts cite better risk-reward for investors with 3-year horizon
Net sales growth weakest in a year, too; BFSI sector emerges an outlier
Corporate India is expected to offer a salary hike of 9.5 per cent in 2025, similar to the 2024 actual salary increase, as companies are balancing optimism with caution, a report said on Tuesday. According to WTW's latest Salary Budget Planning Report, the median salary increase in India is forecasted to rise by 9.5 per cent in 2025, similar to the 2024 actual salary increase of 9.5 per cent. Salary increases in India continue to be the highest across the region. Markets such as Vietnam (7.6 per cent), Indonesia (6.5 per cent), the Philippines (5.6 per cent), China (5 per cent) and Thailand (5 per cent) are also projected to maintain a strong salary increase for next year. The Salary Budget Planning Report is compiled by WTW's Rewards Data Intelligence practice. The survey was conducted in April and June 2024. Approximately 32,000 responses were received from companies across 168 countries worldwide. The survey had 709 participants from India. "While companies in India are optimist
Products such as mixer grinders, juicers, thermal drinkware, headphones, chocolates and dry fruits were among the most corporate gifting items on the e-commerce firm's business-to-business marketplace
The Ministry of Corporate Affairs would make the portal open for candidates to apply from October 12th to October 25th
While companies have improved hiring practices and support for employees balancing work and home, advancement rates for women, especially women of colour, continue to lag behind
Company says move to help focus on core operations
If the current trend holds, this would mark the shortest net working capital cycle in at least a quarter-century
Hyperlocal e-commerce firm magicpin Co-Founder and former chief operating officer Brij Bhushan has joined Prime Venture Partners as a full-time partner, the early-stage venture capital firm said on Friday. In this role, Bhushan will be a key member of the Investment team and will contribute to all aspects of the firm's investment, portfolio management and fundraising, Prime VP said in a statement. "Brij Bhushan brings a unique combination of strategic thinking, execution excellence, and a long-term mindset essential for company building. We believe he is a perfect addition to our leadership team," Prime Venture Partners (Prime VP), Managing Partner, Amit Somani said. Bhushan co-founded magicpin where he was instrumental in magicpin's growth, raising over USD 100 million from investors including Lightspeed, Zomato and Waterbridge. An alumnus of IIM Bangalore, Bhushan previously worked in venture capital as Vice President at Nexus Venture Partners before co-founding magicpin. He has