The private capex momentum is being led by conglomerates such as Tatas, Reliance Industries and Adani group, among others
Manufacturing sector accounted for nearly 60 per cent of new project value
According to the agency, the Credit Ratio in FY24 stood at 2.1 times, with the rating agency upgrading two entities for every entity downgraded, continuing the trend from the last two financial years
While most companies have mentioned about their spending in electoral bonds in some form in their annual reports, very few have been upfront and categorical about their disclosures
Vijay Govindarajan argues that AI and real-time data should be leveraged to radically transform physical products and the companies that make them
Garg avoids excessive screen time and turns to outdoor activities
From technology detox to meditation and deep breathing, Anil Aggarwal incorporates wellness into his daily routine
About 50 per cent of the Indian businesses surveyed expressed their commitment to achieving the net-zero target, reflecting their desire to address climate change issues and transit to a low-carbon economy, said a PwC report on Tuesday. Of these, about 48 per cent committed to achieving net-zero emission target by 2030, said PwC India's Tax transparency in ESG survey conducted between April-July 2023. The report is based on a market survey of nearly 250 tax heads, sustainability/ESG leaders, CFOs and CXOs of Indian businesses, spanning industries such as financial services, technology, media, and telecom (TMT), retail and consumer, engineering and construction, among others. In recent years, the global business landscape has witnessed a significant transformation in sustainable and responsible practices, said a PwC release, adding "as a core pillar of corporate strategy, companies are investing in sustainability and striving to communicate their intentions, commitments and ...
Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel
The Big Four have overhauled their operations over the past few years to gain a wider share in the high-demand advisory and technology services firms
Has 'work from home' reached its end? Why are measures to control stubble burning failing? What are markets expecting from Q2 earnings? What are personal guarantees? All answers here
Equity issuance in the first half reached Rs 73,747 crore, marking a 69 per cent increase year-on-year
India Inc's financial health measured by the credit ratio, or the proportion of rating upgrades to downgrades, moderated in the first half of current fiscal year and is set to dip marginally further in the second half, Crisil Ratings said on Tuesday. Crisil, which rates 6,500 companies, however, made it clear that the credit ratio will stay above 1 going forward as well, which means the number of upgrades will outpace the downgrades. In April-September FY24, there were 443 upgrades as compared to 232 downgrades, the agency said, adding that the credit ratio moderated to 1.91 from 2.19 in the preceding six months. It said the upgrades are much higher than the decadal average, but the downgrades are inching up lately, largely due to difficulties faced by export-linked sectors due to slowing growth in the world. Crisil's Managing Director Gurpreet Chhatwal said the moderation in the first half was along expected lines, and the government's infrastructure push and spending are helping
About 400 independent director posts at 198 companies are required to be replenished by March 2024
Growth in forex revenue continues to lag increase in forex expenses
India Inc is set to add the much-needed glimmer to the season by going all out on gifting
Agency's report on non-finance entities says earnings growth will be a function of lower prices of key commodities
The 12-fold jump in India's national income in dollar terms over the past three decades has been largely a product of labour-cost advantage over the West
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India Inc's combined quarterly net profit rose 47% to a record Rs 3.36 trn; net sales were up just 5%