Page 29 - India Inc

Employee vaccination spending may not classify as CSR, says Centre

Centre reluctant; experts say it could speed up vaccine drive

The financial risk posed by Janet Yellen's climate agenda on India Inc

The US may be way behind the EU in adopting a climate change agenda but could be driving it soon. Although it is just coming into the game, it has the money to demand a change

IL&FS case complexities reveal what India's resolution mechanism is lacking

A stretched rescue process reveals critical deficiencies in India Inc's corporate layering and resolution mechanism worsened by the pandemic

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

"The impact on GDP would not be significant due to lockdowns in some states and the estimates made in the Budget have been conservative," said another government official

India Inc braces to vaccinate all employees, seeks more clarity on supply

Godrej, RIL, Tatas and Infosys are striking procurement deals with vax makers

How Covid-19 is accelerating digital manufacturing for factories in India

The ecosystem for digital manufacturing in India isn't yet as complex as it is in the West or China but is developing breadth and depth

Need complete trust between industry, govt to sustain growth amid Covid: FM

Finance Minister Nirmala Sitharaman on Tuesday said there should be complete trust between the industry and the government to sustain growth amid the COVID-19 situation. Sitharaman, addressing a seminar organised by the Merchants' Chamber of Commerce & Industry here, said the Centre has taken several steps to ensure that revival of the economy continues despite a raging second wave of the pandemic. "There should be complete trust both between the government and the industry and vice versa to sustain growth. There should not be disturbances in the continuity, which lead to mistrust or distrust," she said. Speaking about West Bengal, the minister said industries in the state require "oxygen" along with a globalised approach to prosper. "Industries in the state need a lot more oxygen to flourish. The history of India was written from Bengal... but even a signature product like the Darjeeling tea is now languishing. "Kolkata used to shine with industries in the past, it

Covid hurts working cap, top-500 cos' cash cycles stretched by 6 days: EY

The pandemic has impacted the working capital management for companies

Centre working to save lives, livelihoods, FM Sitharaman tells India Inc

Finance Minister has sought feedback over impact on businesses and economy

Change in tax structure prompted India Inc to favour buybacks again in FY21

In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous financial year

Board rules for fair play

Corporate India may not be too thrilled, but Sebi's proposals on independent directors are good for India's governance credentials

Tata-Mistry case: SC verdict puts spotlight on duties of nominee directors

The Supreme Court's observations in the Tata-Mistry case has raised questions about the fiduciary duties of nominee directors

Chart check: How to position yourself ahead of Q4FY21 results season

Led by a surge in prices of metals and energy and a continued better show by lenders, India Inc is expected to report high double-digit growth in revenue

India Inc must build digital ethics into its business model: Deloitte, BCIC

Paper cites example of cab aggregator services, where user behaviour and travel patterns ostensibly recorded to improve user experience are actually used to extract more out of the customer

Mirages in corporate governance

The issue of separation of powers between corporate owners and professional managements has become a hardy perennial in the Indian corporate governance discourse

India Inc and climate: Janet Yellen's voice will boom louder John Kerry's

The aim: ensure banks and insurers across the globe adhere to "climate-responsible financing", thereby making it costlier for India and China to finance their fossil fuel needs

India Inc must separate CMD post, deadline won't be extended: Sebi

The Securities and Exchange Board of India (Sebi) has asked Indian companies to work towards separating the roles of chairperson and managing director (MD)

India's changing corporate landscape

We are in the early stages of an extraordinary episode of rapid scaling up of new companies

India Inc in China concerned over China's Covid-19 travel restrictions

The CEOs of a host of Indian businesses and industries in China have expressed concern over the continuing COVID-19 related visa and travel restrictions being pursued by Beijing which they say are hampering their activities. They expressed their concern during their interaction with the Indian Ambassador to China, Vikram Misri. Misri, who is on a visit to Shanghai, inaugurated on Friday the Amrut Mahotsav festival, marking the 75 years of India's independence. Inaugurated India@75 #AmrutMahotsav in #Shanghai. A soulful rendition of #Upanishad & #Gita, melodious Sitar/Tabla performance, #Deshbhakti songs, films on musical traditions of #Varanasi & #VaccineMaitri marked the occasion," Misri tweeted. He also interacted with a group of CEOs and representatives of the Indian businesses based in and around Shanghai, the business hub of China. Over 30 officials representing eight sectors such as textiles, pharma, electronics, manufacturing, chemicals and IT etc attended the meeting ..

Vindication for Tatas

Another legal battle over stake valuation must be avoided