Page 18 - India Inc

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.

Will the govt's plan to prune import dependency in a new avatar work?

The aim is to boost domestic output, without raising tariffs or providing subsidy, of items on whose imports India is heavily dependent. The plan is to start with consumer and capital goods

Senior executives in India may get 8.9% salary hike in 2022: Report

Salaries of senior executives in India have increased 8.9 per cent in 2022 from 7.9 per cent in 2021, a report said

Rate hike, rise in bond yields, rupee fall to hit India Inc margins

The rate hike and the consequent rise in bond yields and upward revisions in lending rates by banks will raise companies' funding costs

Hiring boom begins in India as Covid infections decrease; economy reopens

India Inc will hire 5% more people in the April-June period compared to the Q1 this year, a new report showed, as Covid infections decrease amid reopening of industries across the spectrum

"Conscious industry must think beyond its priorities": T V Narendran

India Inc must think outside the regime of incentives and subsidies and improve its competitiveness and productivity while ramping up R&D expenditure for being future ready, CII President T V Narendran said on Wednesday. Speaking at 'Being Future Ready Business Summit 2022', the CII President observed that a responsible and conscious industry must think beyond its own priorities to drive positive change for the nation. He pointed out that recalibration of global supply chains presents an opportunity for the industry to embed itself more firmly in the international arena and expand its global footprint. "We must move away from a risk-averse culture to a mindset that proactively explores all markets and all sectors. The many new free trade agreements being signed with our key market partners open up immense opportunities for our international engagement and we must support and leverage these to the optimum," Narendran said. He called upon the industry to shift the focus on building .