Page 4 - India Inc

Datanomics: R&D spends by India Inc lag global peers despite improvement

India has improved its ranking in the frontier technologies readiness index from 48th in 2022 to 36th in 2024 out of a total of 170 economies

RBI's rate cut to cushion economy amidst global turmoil, says India Inc

The Reserve Bank's move to lower its benchmark repo rate for the second time in a row will cushion India's economy against external shocks in the face of reciprocal tariffs imposed by the US that has triggered a global turmoil, industry bodies said on Wednesday. The RBI on Wednesday slashed the key interest rate by 25 basis points to 6 per cent providing relief to home, auto and corporate loan borrowers. CII Director General Chandrajit Banerjee termed the decision to continue with the rate easing cycle as timely and prudent. "The rate cut coupled with the shift in monetary policy stance from 'neutral' to 'accommodative', too, is a big positive," Banerjee said. The RBI's rate cut, and stance change reflect concerns about the impact of slower global growth on domestic economy and a relatively benign outlook for domestic inflation, he added. CII is of the view that RBI's accommodative monetary policy combined with the government's growth-centric fiscal policy will help boost domestic

Slowdown suspense: India Inc trails without a macroeconomic crisis

Companies are struggling to improve revenue and profit even as there's no macroeconomic crisis. Sectors as varied as consumer goods and cement are affected

Manufacturing sector must not rely on tariffs for cover: India Inc

With supply chain uncertainties looming, companies are trying to procure more components and create an inventory, felt industry insiders

India Inc files ECB intents worth $4 billion with RBI in January 2025

NMDC Data Centre Private Ltd filed ECB papers to raise $175 million with a maturity period of three years for local sourcing of capital goods

Why are enterprises reluctant to adopt GenAI despite the hype around it?

Reluctance to adopt AI at scale boils to fear of change; while technical factors include inadequate training, client hesitation over security

Outcome, not work hours, matters: India Inc leaders on productivity

"If you really love your work and are good at it, it does not matter what is work and life"

India Inc revenue to grow 7-8% in Q4 on demand revival, govt spend: ICRA

Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India. Nonetheless, certain sunrise sectors such as electronics, semiconductors and niche segments within the automotive space like electric vehicles (EVs) will continue to see a scale-up in investments, in line with various production-linked incentive programmes announced by the Government of India, it said. In a statement, ICRA said the recovery in the operating profit margins (OPM) for India Inc witnessed over the past quarter is likely to be sustained at 18.2-18.4 per cent, supported by an increase in demand, led by improved consumer sentiments. "Rural demand

Summer deals: Ice-cream, beverage makers hot on boosting capacity

Lahori Zeera maker introduces 4 new products, more in pipeline

Q3 results review: India Inc profits crawl as sales stay sluggish

But operating profit margin of 28.7% the best in 21 quarters

Indian companies filed ECB intent worth $9.54 billion in December 2024

Of this, the intent for fund-raising through the automatic route amounted to $6.23 billion, while that via the approval route stood at $3.3 billion, according to RBI data

Profitability vs hiring in India Inc needs a relook, says CEA Nageswaran

He spoke about investments from China, India's potential to develop cost-effective artificial intelligence solutions, and the role of India Inc in driving demand

CEOs bet on boost in consumption, infrastructure this Budget: BS Poll

India Inc sees uptick in investments, jobs

Indian companies raised Rs 3.64 trn through ECB route in 2024

It is the is the highest amount raised in the last five years through that route

India Inc's foreign borrowings decline 20.2% in 2024 as rupee slips

The decline last calendar year followed a major uptick in 2023 when foreign loans had more than doubled from $14.38 billion in 2022 - the sharpest spike in over a decade

India Inc's leverage to improve in FY26-27 despite high capex: Fitch

The downside risks could materialise if energy prices rise significantly, given ongoing geopolitical risks, cautioned the rating agency

Adani surpasses Mukesh Ambani's RIL group firms in 2024 M&A deals

Listed entities of top five groups collectively account for 15.3% of total value

India Inc files ECB plans worth $ 2.83 bn in November, shows RBI data

Out of this, the intent for fund raising through the automatic route amounted to $1.39 billion and that via the approval route was $ 1.43 billion, according to RBI data

India Inc thrived, witnessed robust growth in 10 yrs of Manmohan Singh govt

The last five-years however has been the best for corporate India in terms of net profit growth thanks to margins expansion and gains from a cut in corporate tax in September 2019

Fundraising via QIPs hits all-time high in 2024, exceeds Rs 1 trillion

Fundraising through qualified institutional placements (QIPs) reached an all-time high in 2024, surpassing the Rs 1 lakh crore-mark for the first time ever in a calendar year, fuelled by strong stock market conditions and higher valuations. Indian companies have raised Rs 1,21,321 crore through QIPs till November, according to data compiled by Prime Database. This represents a more than two-fold increase compared to the Rs 52,350 crore mobilised in the previous calendar year. The sharp increase showed market resilience has been a key factor driving this growth as companies will continue to garner capital through Qualified Institutional Placements (QIPs), analysts said. According to the data, 82 companies have tapped capital markets with QIP issues till November this year, compared with just 35 that raised Rs 38,220 crore during the same period last year. QIP is one of the quickest products to raise funds from institutional investors. It is designed for listed firms and investment