Page 22 - India Inc
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 ..
 "Q3 preview: India Inc may see 100-120 bps margin compression, says report")
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
 "India Inc's overseas direct investment dips over 8% to $2.05 bn in Dec 21")
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
 "Explained: How Covid got HR to relook its role in a changed world")
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
 "RIL's $4-bn forex bond: India Inc's fundraising in 2022 begins with a bang")
Covid Redux: India Inc switches back to SOS mode from wait-and-watch
Remote to flexi working, only essential travel, and vaccination camps back on the table
Reliance raises $4 bn via foreign currency bonds at finest rate
India's largest-ever foreign currency bonds issue gives strong base for India Inc's fundraising efforts in 2022
 "Reliance raises $4 bn via foreign currency bonds at finest rate")
Top Headlines: India Inc expects growth in 2022; record unicorns in 2021
Business Standard brings you the top headlines at this hour.
 "Top Headlines: India Inc expects growth in 2022; record unicorns in 2021")
India Inc expects 2022 to be a growth story: Business Standard CEO poll
India Inc to hire more and increase capacity in the new year to meet rising demand
 "India Inc expects 2022 to be a growth story: Business Standard CEO poll")
India Inc welcomes deferment of proposed GST hike on textiles
The proposal intended to hike GST rate on apparel from 5 to 12 per cent
 "India Inc welcomes deferment of proposed GST hike on textiles")
India Inc raises over Rs 9-trn through equity, debt issuances in 2021
In 2020, firms raised Rs 11 lakh crore, including Rs 7.91 lakh crore through debt and Rs 2.12 lakh crore through equity
 "India Inc raises over Rs 9-trn through equity, debt issuances in 2021")
FIBAC 2021: India Inc spoilt for choice as funding avenues open up
Panelists at FIBAC say banks lose monopoly of being only source of funding to firms
 "FIBAC 2021: India Inc spoilt for choice as funding avenues open up")
Top headlines: India Inc faces stricter code, Meta cracks on surveillance
India Inc's corporate governance mettle will soon be put to the test with a stricter framework. More on top headlines this morning
 "Top headlines: India Inc faces stricter code, Meta cracks on surveillance")
FY23 Budget: Persist with thrust on infra, India Inc tells FM Sitharaman
FM to meet economists on December 22 for pre-Budget consultations
 "FY23 Budget: Persist with thrust on infra, India Inc tells FM Sitharaman")
India Inc's mettle to be tested with voluntary corporate governance norms
Sources said NSE's initiative will involve signing a contractual arrangement between the exchange and the company to give the scheme more sanctity
 "India Inc's mettle to be tested with voluntary corporate governance norms")
BS Awards: Be agile, adapt, says India Inc as change becomes a constant
The India Inc leaders, winners of the Business Standard Awards: Celebrating Excellence, were speaking at the 22nd edition of the awards held online
 "BS Awards: Be agile, adapt, says India Inc as change becomes a constant")
Business Standard Awards: Celebrating Excellence
Navigate the post-pandemic era with India's leading light
 "Business Standard Awards: Celebrating Excellence")
Reliance Industries spends Rs 922 cr to top CSR expenditure chart in FY21
India Inc's overall spends dip 64%; TCS and Wipro take second and third spots, respectively
 "Reliance Industries spends Rs 922 cr to top CSR expenditure chart in FY21")
Vibrant Gujarat 2022 roadshow: CM Patel meets industry captains in Mumbai
The 10th edition of Vibrant Gujarat Global Summit will be held on the theme of 'Aatmanirbhar Gujarat to Aatmanirbhar Bharat' in January 2022, says CM Bhupendra Patel
 "Vibrant Gujarat 2022 roadshow: CM Patel meets industry captains in Mumbai")
India Inc to show significant EBITDA growth in next 12-18 months: Moody's
The agency said that rising consumption, push for domestic manufacturing and benign funding conditions will support new investments
 "India Inc to show significant EBITDA growth in next 12-18 months: Moody's")
Top headlines: Amazon seeks pause on CCI review, India Inc's profit booms
Tighter rules likely for social media firms, may supersede IT laws; Digital tax for US companies to stay until OECD pact comes into force. More on today's top headlines
 "Top headlines: Amazon seeks pause on CCI review, India Inc's profit booms")