Page 21 - India Inc

India Inc sees red over new rules governing related party transactions

Companies point out that a materiality threshold of Rs 1,000 crore for related party transactions will slow down business process, harm long term plans

Music will not sound the same again: India Inc pays tributes to Lata

India Inc paid rich tributes to singer Lata Mangeshkar following the Bharat Ratna awardee's death on Sunday, saying music will not sound the same again.

FM Sitharaman urges India Inc to open up their purse to push growth

Referring to the government's decision to cut corporate tax rate, she said, the government has also opened up many sectors including atomic energy and space

Private capex may start picking up by end of next fiscal, says India Inc

Govt's increased capex will benefit Indian companies, but with a lag

Budget 2022: India Inc to benefit from govt's massive capex push

Companies to bag for roads, railways and defense projects

Top headlines: India Inc to benefit from capex push; Modi hails Budget 2022

Business Standard brings you the top headlines on Tuesday

BS Number Wise: A measure of the economy: companies and capex

When demand is uncertain, the biggest private enterprises seem better able to build factories, expand resources and create jobs

India Inc staring at 'integrity crisis', management ought to act: Survey

India Inc is staring at an "integrity crisis" in the second year of the pandemic, a survey done by a consultancy firm has revealed. The global survey conducted by the consultancy firm EY, which saw executives from 100 companies, including chief executives, board members and also mid-management personnel participate, has found concerning details like 59 per cent of the respondents feeling there are executives who would not mind compromising on integrity for short-term gains. Over half of the Indian participants in the survey also said that they did not report a misconduct, which is much higher than the 30 per cent average globally, the survey said. In what can impact the ability to curtail further frauds, more than a third (39 per cent) of the respondents expressed apprehension about the whistle-blowing channels, saying the concerns raised may not be acted upon. "It is very important for organisations to guard against risks and the tone has to be set from the top," Arpinder Singh, t

India Inc urges Budget sops to boost capex, wants focus on consumer demand

Bank lending for new projects fell to record low in FY21 as per RBI data

Early birds hint at subdued earnings growth in December quarter

Net profit up 10.4% YoY, growing at slowest pace in five quarters

India Inc says 'Aatmanirbhar Bharat' schemes help revive economy: Deloitte

However, only 18% respondents in Deloitte survey are MSMEs; most Aatmanirbhar Bharat measures target smaller businesses and tourism and other sectors worst hit by the pandemic

Boom time for companies: What record profits may mean for govt's revenue

If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be wrong with corporation tax, writes T N Ninan

India Inc lauds PM's resolve to protect livelihood, economy amid Covid-19

India Inc has applauded Prime Minister Narendra Modi's resolve to protect the livelihood of the common people and economic activities amid the surge in Covid-19 cases.

Covid-19: India Inc welcomes PM's emphasis on maintaining economic momentum

The Prime Minister on Thursday asked chief ministers to ensure minimum damage to the livelihood of common people and economic activities as they work to contain the coronavirus

Link Covid curbs to hospitalisation rate: India Inc urges govt

As local authorities impose restrictions in view of Omicron, industry bodies have asked the government to link restrictions to hospitalisation and not the overall case count

India Inc's FY21 debt-equity ratio at 6-yr low on massive deleveraging move

Analysts expect a further reduction in the current financial year, helping companies lower interest cost and thereby boosting profitability

Q3 preview: India Inc may see 100-120 bps margin compression, says report

The operating margin of India Inc is likely to drop in the December quarter with a 100-120 bps year-on-year decline, as 27/40 sectors are set to see crimped margins despite higher revenue, according to a report. Surging commodity prices and price hikes may help companies report a healthy 16-17 per cent revenue growth to Rs 9.1 lakh crore during the quarter ending December, the Crisil report said on Tuesday. Software major TCS will open the earnings season Wednesday. For the first time in as many as 12 quarters, corporate profitability as defined by the earnings before interest, taxes, depreciation and amortisation (Ebitda) margin, is likely to drop by 100-120 bps year-on-year and 70-100 bps sequentially in the December quarter, as 27/40 sectors with 300 companies tracked, excluding financial services, and oil & gas sectors, are likely to see their operating margin shrinking, the report said. According to the analysis, the margin fall will be led by software (230-250 bps fall due ..

India Inc's overseas direct investment dips over 8% to $2.05 bn in Dec 21

The domestic companies had invested $2.23 billion in their overseas joint ventures and fully-owned subsidiaries during December 2020 in the previous financial year

Explained: How Covid got HR to relook its role in a changed world

The nimbleness of the HR department is now visible again, with Omicron threatening to derail work

RIL's $4-bn forex bond: India Inc's fundraising in 2022 begins with a bang

Renew Power, Shriram have queued up to raise dollar bonds after RIL raises $4 bn in India's largest-ever foreign currency bonds issue