Page 35 - India Inc

India Inc's EBITDA to shrink 24% in FY21 due to Covid disruptions: Moody's

Moody's said recovery will gather pace in the third quarter of fiscal 2021 (Q3Fy21) as the lifting of lockdown releases pent-up demand and helps to normalise economic conditions

Top headlines: India Inc's EBITDA to shrink 24%, Soota's IPO jackpot

From Centre releasing rants for states amid Covid, India-China agreeing on a 5-point plan to Moody's saying India Inc's EBITDA to shrink, Business Standard brings you top news of the evening

Banks' asset quality to worsen but face less risk of defaults: Moody's

The disruptions from the coronavirus outbreak will strain finances for households and small businesses more severely

India Inc heaves sigh of relief as Kamath panel identifies key sectors

The report has identified power, construction, steel, retail and real estate sectors among 26 sectors that need relief

India Inc mirrors GDP contraction in Q1: Revenues of 2,170 firms dip 24.3%

At current prices, GDP was down 20.6 per cent, doing better than India Inc

India Inc to spend 50% of cloud budget on hybrid in 3 years: IBM Survey

Currently 17% of IT spend is allocated to cloud

Deep contraction in GDP on expected line, recovery to be gradual: Industry

India's GDP shrank steeply by 23.9 per cent in the April-June period as the coronavirus lockdowns battered an already slowing economy

Period leave: Does not hamper business or reduce employability, say firms

One may argue, period leaves are easier for a small digital set-up. However, companies, like Tata Steel, have also offered period leave within the sick leave quota since 2018

Ease of doing biz: Govt proposes unified compliance platform for India Inc

The Ministry of Corporate Affairs has started discussions with RBI, Sebi, and DPIIT

Q1 snapshot of the Indian economy: Attaining recovery will be a long haul

The severity of contraction in economic activities due to Covid-19 is declining, but sustainable recovery is far away still. A K Bhattacharya explains the problems and positives for the Indian economy

India Inc welcomes PM Narendra Modi's Independence Day announcements

India Inc on Saturday welcomed various announcements made by Prime Minister Narendra Modi on the occasion of 74th Independence Day

Self-reliance to determine how high flag of freedom flies, says India Inc

Welcoming the National Digital Health Mission, Biocon CMD Kiran Mazumdar Shaw said it gives India's healthcare sector a digital backbone

Covid effect: Worst Indian profits in a decade are beating expert estimates

Analysts have cut the 12-month average profit estimates for Nifty members by 20% since January on concerns about a patchy recovery and climbing virus numbers

India Inc faces rough weather in overseas biz; domestic ops take priority

Post-Covid-19, the action has shifted to the home market

India Inc's foreign loans fall 35% on Future Retail default, shaky economy

Interest rates have gone up to as high as 10%, making it uneconomical to raise funds from abroad

Why Atmanirbhar could be govt's biggest gift to Indian pvt sector in 30 yrs

Despite the largesse, however, it remains to be seen whether or Indian companies can shrug off the old habit of jugaad, tweaks and twists

India Inc goes slow on increments; pay hikes for select profiles: Report

While salary growth may range from a marginally positive to stagnant or even negative, the increment for some of the "super-specialised" profiles can go beyond 15%

Four-fifths of CEOs expect Covid pandemic to entrench remote working: PwC

New York, London and some other major cities currently have only a fraction of their normal workforce in offices as employers and governments have told staff to work from home

India Inc recovery likely to be prolonged due to Covid-19 lockdowns: ICRA

The economic activity started to recover from the troughs experienced in April when the lockdown was at its severest and many sectors seem to be adjusting to a new normal

New defence measures a game changer for indigenous firms: India Inc

Chief executive officers (CEOs) of defence companies said if the plan is implemented well, this will help India become a net exporter