Earnings lowest in four quarters; sales surge
India's 75th Independence Day calls for something unique and India Inc is stepping out in unusual ways to celebrate it, with employees, customers and trade partners
For most corporate houses, the 75th I-Day is about sending out a message of solidarity
Businesses are doing better two years after the pandemic began, but not everyone is sailing smoothly
The biggest losers would be the rate-sensitive real estate and two-wheeler sectors, which may see demand coming down
Share of thermal energy for manufacturing companies almost 95%
Chairman of the top two consumer goods companies, namely ITC and HUL, were blunt in their assessment of the market
First sequential contraction in corporate earnings after 4 quarters of expansion
As the rupee touches the 80-mark against the dollar, this depreciation is likely to prove expensive for corporate India
Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal
Indian firms top on this metric among major global markets; intent to hire at 64% in Sept quarter, up from 54% in previous three-month period; could touch 70% in next few quarters
FY22 was the second consecutive year when shareholder payout exceeded annual investment in fixed assets
Companies have been experiencing challenges in attracting and retaining talents since the outbreak of Covid pandemic, with 78 per cent organisations saying it is the biggest, according to a survey
Employee costs rose over 12% in FY22, the fastest in 8 years
The firms are also hiring more leaders at top roles as companies are also reportedly weeding out CXOs who did not meet their performance targets
Alert to Covid situation, companies across sectors are continuing with existing work models for now
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
GST-related litigation set to rise as companies and the government differ on tax rates and data reconciliation
This compensation average includes both, promoter CEOs' salary as well as professional CEOs and also accounts long-term incentives (LTIs)
Today, far too many people earn far too little to support consumption growth of the kind the economy needs, notes T N Ninan