Page 24 - India Inc

Wipro beats estimates but profit falls 9.6% QoQ; IT revenue up 7.7%

Firm surpassed $10 billion in annualised revenue run rate

Indian businesses have bullish hiring plans as they look to rebuild: Survey

The pandemic also impacted the benefits offered by corporates to its employees.

India Inc set to post 18-20% revenue growth in Q2, says Crisil report

India Inc is set to post an 18-20 per cent revenue growth for July-September as compared to the year-ago period, domestic rating agency Crisil said on Thursday

Why is India Inc seeing a surge in shareholder activism?

Shareholder activism in India: We often hear of a growing trend in India Inc that could bode well for shareholders but present challenges for companies. But that may not be a nascent phenomenon

Easing burden: Amount borrowed by non-financial firms fell 5.6% in FY21

The numbers also suggest a big jump in India Inc's cash pile or cash reserves

M-cap of eight of 10 most valued companies tumbles below Rs 1.80 trillion

From the top 10 list, only Reliance Industries Limited and State Bank of India emerged as gainers

India Inc's credit profile gets stronger during Covid-19 pandemic

But rating agencies warn that broad-based upturn not visible yet

India Inc's overseas borrowings jump manifold to $2.84 billion in August

Indian companies' external commercial borrowings surged manifold to over $2.84 billion in August 2021, the Reserve Bank data showed on Wednesday

At 17.3%, India Inc badly lags presence of women board members: Report

Corporate India lags the rest of its Western and Asian peers by a wide margin when it comes to the presence of women on their boards

Corp affairs ministry grants companies two months extension to hold AGMs

According to Company Law, not more than 15 months should pass between the dates of two consecutive annual general meetings

Don't see any major pressure as a result of the taper: Axis MF's Sivakumar

In a Q&A, R Sivakumar says the key drivers of foreign flows in India would be the inclusion of Indian bonds in global fixed-income benchmarks

Trust between govt and industry critical, says FM Nirmala Sitharaman

Sitharaman encouraged continuous feedback and inputs from India Inc, and said discussions with industry had enabled the government to take a series of actions as the pandemic situation evolved

India Inc sees 219 deals worth $8.4 bn in August, record volumes since 2005

Volumes have almost doubled over August 2020, transaction values jumped by 5.8x driven by a 13x rise in PE investment values, as per Grant Thornton Bharat Deal Tracker

India Inc spent over Rs 1,600 crore on mitigating second Covid wave: study

India Inc. has spent over Rs 1,600 crore combating the second wave of Covid-19 in the financial year 2020-21, a study said on Monday.

Liquidity no longer a major concern, FM Sitharaman assures India Inc

Banks to kick off new credit-outreach programme by October 15

India Inc gets to work as it starts designing return to office toolkit

Domestic companies, including those in manufacturing, are also ready to bring back vaccinated employees

India Inc set to raise $3 bn through green, ESG issuances by December

Power Finance Corporation (PFC) is planning to come up with Euro denominated green bond issuances, and has appointed bankers including Barclays, Standard Chartered, for investors in Europe and Asia

'Everyone is scared': Govt's criticism of Infosys, Tata worries India Inc

Business leaders worried about hardline approach; some executives though call for more corporate accountability

India Inc resorted to salary cuts in Q1, will be drag on economic recovery

India Inc resorted to salary cuts to protect their profits in the June quarter, as revenues came under pressure due to the second pandemic wave that affected nearly the entire country, a report said

India Inc's biz sentiments drawing closer to pre-pandemic level: Survey

India Inc's business sentiments are drawing closer to pre-pandemic levels, hinting at a more robust performance in the next quarter, according to a survey by Grant Thornton Bharat