India Inc

Corporate credit profile remains strong in H1 despite West Asia war: Ind Ra

Indian companies' credit profile -- a detailed account of a business's borrowing history, financial health, and repayment reliability-- remained strong in the first half of 2026-27 fiscal year despite energy shock from West Asia conflict, according to rating agency Ind-Ra. At the end of last fiscal (April 2025-March 2026), Ind-Ra had indicated that the West Asia conflict would test the balance sheet strength that corporate India had built since FY22. The conflict proved to be one of the most significant tests of corporate credit profiles since the pandemic. "The corporate credit profile continued to show resilience through 1HFY27, with downward rating actions attributable to the conflict confined to a handful of issuers," Ind-Ra, Senior Director, Head of Credit Policy Group, Arvind Rao said. Upgrade and downgrade intensity both held close to FY26 levels as much of the shock was absorbed before it reached corporate cost structures. Diversified crude sourcing secured supply, and the

Tata dispute sends India Inc scrambling to shore up shareholder rights

Tata's governance clash is raising the alarm among Indian companies about how far a board can go to overrule a majority shareholder

India Inc failed to ramp up R&D spends despite '90s economic reform push

Cumulative spending on R&D was just $7.2 bn in FY26, against $61 bn spent by Alphabet alone in 2025

Focus on scale, resilience, better governance: FM Sitharaman to India Inc

Finance Minister Nirmala Sitharaman on Tuesday asked Indian industry to focus not just on scale but also on building stronger, more resilient, and better-governed enterprises as the country works towards the goal of Viksit Bharat by 2047. Addressing an AIMA event here, Sitharaman said Indian industry needs to build institutions that combine scale with durability, higher quality, better governance and deeper technological capabilities. "India today has the scale of market, the entrepreneurial energy and the institutional capacity to aim much higher. Execution will determine how successfully we convert these strengths into lasting national capability," she said. The contribution of Indian management would be measured by the quality of enterprises and institutions being built today as the country moves toward Viksit Bharat by 2047, she noted. The minister urged industry to focus on creating companies that are not merely bigger, but better competitive, innovative, trusted and resilient

India Inc's hiring of specially abled people is making slow progress

Workplace barriers and gender divides leave millions of disabled workers sidelined from the formal economy

Corporate sales surge 22% in Q1, but wage bills grow at less than half the pace

India Inc's sales surged over 22% in the June quarter, but salary growth stayed below 9%, raising concerns about muted wages amid AI adoption and cost pressures

India Inc's Q1 revenue growth fastest in 15 quarters, margins feel heat

High energy prices weighed on margins, but profit grew 16%

India Inc backs PM Modi's I-Day address, vows to boost investment, jobs

India Inc on Saturday welcomed Prime Minister Narendra Modi's Independence Day address, saying it looks forward to working with the government to translate his announcements into actionable programmes to boost investment, jobs, innovation and manufacturing. Chandrajit Banerjee, Director General, CII, said, "As we mark 80 years of Independence, Prime Minister Narendra Modi's address puts people, sustainability and India's global strengths at the centre of our development journey. "His call for Atmanirbhar Bharat, Make in India and Vocal for Local reflects our growing confidence to build a self-reliant, future-ready nation, one that has moved from being among the 'Fragile Five' to the world's fastest-growing major economy in just over a decade". Industry shares the prime minister's resolve to build on this momentum and is ready to match it with sustained investment in areas of strategic importance, Banerjee stated. Agriculture and food processing stand out as a real opportunity: with

Indian corporates to clock 9 pc aggregate revenue in FY27: Fitch

Fitch Ratings on Wednesday projected aggregate revenue for rated corporates to rise by 9 per cent in the current fiscal, stronger than the 5 per cent estimated for FY26, which would keep credit metrics of Indian companies stable. Fitch, however, said that some corporates could be vulnerable to a re-escalation of hostilities between the US and Iran, which could push up oil prices, fuel marketing losses and raise working capital needs at oil refining and marketing companies, pressuring free cash flow. "Chemical companies could also face higher costs, softer demand and pricier logistics. We would expect the related rise in inflation and weaker economic confidence to also curb discretionary consumer and corporate technology spending," it said. Besides, emerging El Nino risks and a weakening monsoon could cut wind generation at renewable companies and dampen crop protection demand at chemical companies. The broader economy would also suffer from sharper food inflation and lower rural ...

June revival helps corporate bond issuances hit third-highest Q1 since FY20

Corporate bond fundraising rebounded in June, helping India Inc raise ₹2.37 trillion in Q1FY27, the third-highest April-June total since FY20 despite a 34% YoY decline

India Inc's $3.4-trillion club: AI, IPL, defence emerge as new wealth creators

The latest Burgundy Private Hurun India 500 report shows that the combined valuation of the country’s top 500 most valuable private companies has crossed Rs 3.4 lakh crore.

India Inc profit hit from West Asia crisis to halve if truce holds: Crisil

The profitability impact of the recent West Asia conflict on corporate India is likely to be about half as severe as initially feared if the US-Iran ceasefire holds and energy supplies continue to normalise, Crisil Ratings said. The ratings agency said it now expects the conflict to shave around 100 basis points off India Inc's operating margins in fiscal 2027, compared with its earlier estimate of a 200-basis-point hit under a prolonged conflict scenario that included disruption to shipping through the Strait of Hormuz. The revised outlook follows a sharp correction in crude oil prices after the reopening of the Strait of Hormuz under a fragile US-Iran memorandum of understanding, although Crisil cautioned that geopolitical risks remain elevated and gas supplies could take longer to normalise. "If the armistice sustains, two-thirds of the 34 sectors (we assessed) will see minimal disruption, with margin recovery in the second half mostly offsetting pressures of the first half," sai

Finance ministry, NFRA briefs Parl panel on bill to amend corporate laws

Finance ministry officials and the National Financial Reporting Authority (NFRA) on Wednesday briefed a joint committee of Parliament on a bill to amend corporate laws. The Corporate Laws (Amendment) Bill, 2026, seeks to amend the Limited Liability Partnership (LLP) Act, 2008, and the Companies Act to facilitate ease of doing business, decriminalise minor procedural defaults and modernise the country's corporate governance architecture. The Joint Committee on the Corporate Laws (Amendment) Bill, headed by BJP member Sudheer Gupta, is examining the bill. The panel has been gathering views from various stakeholders on the proposed changes in the laws. On Wednesday, NFRA Chairperson Nitin Gupta briefed the panel with regard to the bill. The regulator's Full Time Member Smita Jhingran and other officials were also present at the meeting. NFRA comes under the administrative control of the corporate affairs ministry. Finance ministry officials also briefed the committee on the bill. V

A difficult year: El Niño concerns trigger earnings risk for India Inc

India's southwest monsoon from June 1 to June 23 has been almost 43% below normal, among its worst performances in the last several years

India Inc gives thumbs up to GST; seeks faster refunds: Deloitte Survey

A resounding majority of India Inc have reported a positive and neutral experience with Goods and Services Tax (GST) with digitisation and rate rationalisation emerging as key factors benefiting businesses, but flagged concerns in delays in refund and audit related issues, a Deloitte India survey said on Tuesday. Released ahead of GST completing 9 years on July 1, Deloitte India's GST@9 survey called for the next phase of reform to move beyond digitalisation to an AI-driven compliance and data-led dispute reduction. The survey, based on 1,096 responses from leaders across eight industries, including MSMEs, showed increased stakeholder confidence with a "near universal acceptance", with 99 per cent positive and neutral sentiment, and with negative perception of less than 1 per cent. GST, which subsumed 17 local taxes and 13 cesses, was rolled out on July 1, 2017. The GST taxpayer base has grown from 66.5 lakh in 2017 to about 1.65 crore in 2026. The Deloitte India survey outlined th

More companies see debt instruments downgraded as financial stress rises

Share of instruments that faced such action rose to almost a five-year high in May

In year of uncertainty, India Inc's working capital efficiency at 3-yr high

Reflects a shorter sales cycle and better financial resilience

Profits are rising across corporate India. Why isn't investment taking off?

Listed companies' net income is nearing 6 per cent of GDP, but a lack of corresponding investment in factories and other productive assets is limiting job creation and widening inequality

India Inc hails PM Modi as he becomes the longest-serving elected PM

Prime Minister Modi achieved the milestone on Wednesday, surpassing the record of India's first prime minister, Jawaharlal Nehru

Majority of Indian firms face persistent external disruptions: Report

A significant majority of Indian businesses report that external disruptions, such as climate shocks, infrastructure issues, and public health outbreaks, are impacting their ability to attract and retain talent, according to a report released on Tuesday. Nearly 50 per cent reported that disruptions already affect their ability to attract and retain talent, signalling that what began as a productivity issue has become a labour market concern, the Adecco India External Disruptions and Workforce Productivity Report said. The findings of the report are based on responses from 1,044 employers across Delhi-NCR, Mumbai, Chennai, Hyderabad and Bengaluru. Around 97 per cent of Indian businesses now experience external disruptions like climate shocks, infrastructure pressures and public-health outbreaks as a constant operational reality, according to the report. The report revealed that for organisations, the impact from these disruptions ranges from lower productivity, rising absenteeism a