Corporate Sector

Late advance tax payments by corporate heavyweights give govt a breather

First quarter advance tax collection from India Inc has been revised upward to Rs 39,880 crore from initial mop up of Rs 8,572 crore

Public sector banks sanctioned Rs 5.66 trn in loans during March-April: FM

During March-April 2020, PSBs sanctioned loans worth Rs 5.66 lakh cr for more than 41.81 lakh accounts

After pay cuts in corporate sector, youth look to P2P platforms for loans

With no upper limit, interest rates in this sphere can go as high as 35 per cent. However, even with high interest rates, many investors are turning down loan proposals.

Coronavirus impact: Investor outreach programmes see spike in March

Companies have reached out at a higher rate than before to assuage investors

CEO non-duality: Is it necessary in family business?

Family businesses contribute about 70% of India's GDP. It is obvious that family firms dominate the Indian corporate sector.

Best of BS Opinion: The clouds over 2020, Corporates 2.0, and more

Here's a selection of Business Standard Opinion pieces for the day

Corporates 2.0: Profit with a purpose

The corporation is more than just about sustainable production. It is about companies taking into account the social order in which they operate

US corporate sector hails India's move to slash tax for companies

Finance Minister Nirmala Sitharaman said the reduction in tax rates was done by promulgating an ordinance to an amendment to the Income Tax Act

Debt of NBFCs fast catching up with non-finance companies: Details here

Borrowings by NBFCs up 21% CAGR in last 5 years

Indian banks' recovery will see delay on NBFC, corporate stress: S&P

The growth and profitability of finance companies (fincos) are also likely to remain under pressure, S&P said

Rhetoric, reform, reformers

We require a drastic change in rhetoric backed by major policy change. Policy must reward enterprise and assume honesty

Quality of corporate sector disclosures should be improved: Viral Acharya

The deputy governor also stressed upon the need to expand the investor base in the corporate bond and government securities markets

Creating a smart and savvy wardrobe for the millennial office-goer

Pay heed to those unwritten rules on what and what not to wear to office while building your work wardrobe

Letting go without tears

Purpose of a meeting to break bad news can't be to demean the employee or to hurt his self-esteem

Sebi, Ministry of Corporate Affairs put efforts to clean corporate universe

Sebi has designated 1,088 entities in the defunct exchanges as 'vanishing companies'