Page 16 - India Inc

Hybrid or WFO, rising coronavirus cases haven't disturbed India Inc

Alert to Covid situation, companies across sectors are continuing with existing work models for now

Top Headlines: India Inc on GST issues, RBI's credit line norms & more

In the light of RBI not permitting the loading of PPIs from credit lines, card-based fintech players may have to stop their offers until the central bank clears the air on some issues

India Inc gives thumbs up to GST, but says long way to go in fixing issues

GST-related litigation set to rise as companies and the government differ on tax rates and data reconciliation

Average salary of Indian CEOs hits 3-year high of Rs 11.2 cr in FY22

This compensation average includes both, promoter CEOs' salary as well as professional CEOs and also accounts long-term incentives (LTIs)

Companies in clover, but there's something in the economy that's amiss

Today, far too many people earn far too little to support consumption growth of the kind the economy needs, notes T N Ninan

India Inc bullish on Agnipath scheme, vows to hire soldiers in 4 years

The Union government has approached top 85 Indian companies including Reliance and Bharat Forge to hire Agniveers once they retire four years later and the feedback has been positive

Fitch enhances ratings of 13 Indian firms to 'moderate downgrade risk'

These companies are either govt-related entities (GREs) with ratings linked to the sovereign rating or pvt entities whose ratings would be downgraded if India's Country Ceiling was lowered to 'BB+'

India Inc's capital expenditure slows despite jump in net profits

Investment in fixed assets up just 2.3% in FY22 despite 63.5% growth in earnings

India Inc's hiring outlook for Jul-Sep most optimistic in 8 yrs: Survey

India's job market looks optimistic with 63% of companies planning to add more staff in next three months, in a bid to speed up the recovery process and sustain the economic growth, a survey said

Adani's $10.5-bn Holcim acquisition doubles India Inc's deal value in May'

On the merger and acquisition side, there were 40 transactions in May 2022, aggregating to USD 11.9 billion and more than a fourth of those came from the startup sector

Troubled times for India Inc as ransomware attacks become more frequent

Industry experts point to a spike in the use of Ransomware as a Service (RaaS), a SaaS-based attack vector. Criminals can buy it on the dark web and needn't know how to code it in order to use it

Why are the big boys of India Inc acquiring drone start-ups?

After the government's push, the big boys of India Inc are racing for a pie of the emerging drone industry. But why's this race? What does India's drone ecosystem have to do with it? Let us find out

India Inc's profits rise 28% in March qtr, banks contribute the most

If one considers net profit after excluding financials, then growth falls to 19.1 per cent, lower than the 21.3 per cent in December

Slowing profits

Inflation is affecting demand and margins

Contrasting fortunes: Top CEOs earn 184 times their employees in India

According to an analysis, the median CEO salary in India’s top listed companies was up 2.6 per cent in the past two years. >

Infosys hikes CEO Salil Parekh's salary by 88% to Rs 79.75 crore

For FY22 Infosys CEO Salil Parekh received a total remuneration of Rs 71.02 crore, up 43 per cent. This compensation included Rs 52.33 crore from restricted stock unit options.

Industrials' share of profit hits 10-year high amid commodity boom

This is on the back of a commodity cycle boom

What can India Inc do to combat ransomware threat?

Flight operations of SpiceJet were hit after a ransomware attack recently. At least seven out of 10 Indian companies suffered from such attack last year. What can India Inc do to combat this threat?

Ransomware attacks rise 13% in past year, India Inc at great risk: Report

There has been an alarming rise in ransomware breaches globally, including India, which increased by 13 per cent in the past one year, a new report said

India Inc optimistic about new job openings in FY23, says report

India Inc seems to be optimistic about opening of new vacancies amid steady hiring trends during the current financial year as the country's economy is on a growth trajectory, a report said.