Page 27 - India Inc

A sharp turnaround

India Inc remains cautious after a robust Q4 performance

Covid-19 vaccination: Fear, myths & rumours inject vaccine hesitancy

Govts, NGOs and corporations try to get fence-sitters to take the jab

Govt asks industry to take benefit of PLI, food processing sector schemes

Food Processing Industries Minister Narendra Singh Tomar on Thursday called the industry players to take benefit of the government initiatives, including the production-linked incentive (PLI) scheme. "The government is committed to the development of the food processing sector. The government has taken several initiatives to harness the food and horticulture potential of the country," an official statement quoted Tomar as saying at the northern region food processing summit organised by industry body CII. The government has launched the PLI scheme for the food processing industry, under which Rs 11,000 crore will be spent, he said. Another scheme 'Prime Minister formalization of Micro Food Processing Enterprises (PMFME) has been launched under the Atmanirbhar Bharat Abhiyan to enhance the competitiveness of existing individual micro-enterprises in the unorganised sector. The scheme focuses on supporting groups engaged in agri-food processing such as Farmer Producer Organizations ..

We are expecting a U-shaped recovery: Titan Company's Ajoy Chawla

We are opening up only those stores - 270 so far - where 100 per cent of our staff has been vaccinated

Firms' m-cap grew fastest in 2020 despite GDP contraction: SBI economists

Indian firms' market capitalisation grew at the fastest pace last year among major economies despite contraction in GDP, economists from SBI said, flagging the risks to financial stability it poses

India Inc goes for price hikes again as input cost pressures increase

Durables, paints, and consumer staples among worst affected by raw material prices

India Inc earns 72% of revenue from the domestic market: Morgan Stanley

On an aggregate basis, 72 per cent of EM companies' revenues come from their home country

PM announcement on Covid vaccine to help ensure quick rollout: India Inc

Prime Minister Narendra Modi's announcement that the central government will provide free coronavirus vaccine to states will help ensuring quick rollout of vaccine, India Inc said on Monday.

Post-Covid recovery will be uneven

If the pandemic were to prolong, or if the monsoon is below normal, rural incomes will be impacted, and demand recovery will be slow.

India Inc trims FY22 growth outlook over third Covid-19 wave fears

Companies remain cautious about improvement in sales in FY22

Look forward to repo rate cut by RBI in future, says India Inc

RBI decided to leave the benchmark interest rate unchanged at 4 per cent

Investment activity hits historic low in FY21 amid Covid-19 pandemic

This is because of the lockdown in Q1; sharp pick-up in Q4 may not sustain, say experts

India's second Covid-19 wave rattles business confidence: Survey

India is set to announce gross domestic product data for the January-to-March quarter on Monday.

Second Covid-19 wave impact manageable for most of India Inc: Fitch

'Weaker domestic demand is a key channel of risk transmission for businesses. However, lockdowns in 2021 have been less stringent,' says the rating agency

Top headlines: OMCs pay high excise; CoalMin aims for asset monetisation

Lavasa Corporation bankruptcy proceedings terminated by lenders to Corporate profits to GDP ratio at 10 years high. Top news this morning.

Corporate profit to GDP ratio hits 10-year high of 2.63% in FY21

India Inc's combined net profit was up 57.6% to Rs 5.31 trillion in FY21

Another data breach

Air India's delay in informing customers is inexplicable

Visible Covid & market rally, invisible growth

The market rally is visible, as is the horrendous impact of Covid 19. What is invisible is earnings growth

Boards of Nifty 500 companies have grown smaller over time: IiAS report

Shrinkage cuts across MNCs, PSUs, institutionally-controlled firms and widely held ones; Drop in independent directors, largely led by public sector companies, is a key reason

India Inc's profit-to-GDP at 4-year high of 2.6% in FY21 despite pandemic

ICICI Securities says impact of GDP weakness felt more by unorganised sector