Corporate Growth

Corporate sector vital to India's growth, progress: President Murmu

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

Markets too optimistic in its earnings estimates, suggests Kotak report

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

Outlook gloomy for corporate share in direct tax mopup, shows data

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

IT companies likely to roll out 3-6% hikes this year, say HR experts

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

India's corporate profits hit 15-yr high, but wages lag behind: Eco Survey

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

Corporate exits now happening in 70-90 days under C-PACE, says govt in LS

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

Q2FY25 corporate earnings split sectors between strong growth and slowdowns

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

Offers in the time of talent crunch: Firms battle for top talent retention

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

Rising passive incomes: Companies favour financial investments over assets

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

Nippon India Corporate Bond Fund: Optimum mix of yield and safety

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

Corporate capex growth slows in FY24 after picking up pace in FY23

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

Demand revival

Corporate results show growth momentum continues

Battling the giants: The trustbuster who has Apple and Google in his sights

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

Merger musings

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

India Inc likely to see an average salary hike of 9.6% in 2024: EY report

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)

National pension system added 21.5% fewer corporate subscribers in 2023

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

India Inc must get its act together on capex: RBI's state of economy report

Unsecured loans rise despite higher risk weighting

Robust cybersecurity shield key for IT providers to retain clients

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

Q3FY24 results: India Inc profit growth slowest in the last 14 quarters

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

Services sector firms led India Inc's job creation in FY23, says study

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