Page 4 - India Inc

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

Time for India Inc to join the capex party and invest more, says Birla

Industrialist Kumar Mangalam Birla on Friday exhorted India Inc to push up the pedal on investment. The government has increased its capital expenditure five-fold in the last decade, Birla said while speaking at a Bombay Chamber of Commerce and Industry's 189th foundation day event here. In the comments that come amid concerns of slowing private capex, chairman of the Aditya Birla Group said his diversified grouping and other large conglomerates have embarked on unprecedented capacity expansion spree. "It is now time for India Inc to join the party this investment fervour needs to be far more widespread," Birla said. "We (businesses) have the capacity and the responsibility to define the vision for development and shape the India of tomorrow," the billionaire added. The comments come at a time when growth has hit a seven-quarter low of 5.4 per cent for the July-September period as per official data. Reluctance to invest and a preference to operate at higher capacities has been ...

Sequential revenue growth for India Inc in Q3 on rise in rural demand: ICRA

Rating agency ICRA on Monday said it expects sequential revenue growth for India Inc in the December quarter, led by improved rural demand and uptick in government spending, additionally supported by the festival season. However, headwinds such as uneven urban demand and evolving global uncertainties could weigh on growth in the second half of the fiscal, it said. On balance, ICRA said it expects the operating profit margin (OPM) for India Inc to improve in the coming quarters. As a result, the credit metrics of India Inc in the October-December period of FY25 are estimated to improve with the interest coverage ratio in the range of 4.5-5 times, against 4.1 times in Q2 FY25, the agency said. Commenting on the trends, Kinjal Shah, Senior Vice President and Co-Group Head -- Corporate Ratings, ICRA -- said while corporate India witnessed a muted sequential revenue growth in Q2 FY2025, led by the ongoing slowdown in urban demand, lower government spending amid monsoon-related disruptio

Second half likely to see a pick-up in GDP growth, says India Inc

The GDP data for Q2 this year are a reflection of the vagaries of monsoons, as well as slower than expected consumption growth in urban areas

Indian firms tackle air pollution with flexible work, install air purifiers

The Delhi government has enforced GRAP Stage IV, banning diesel vehicles, restricting non-essential trucks, halting construction, and urging work-from-home to combat severe air pollution

India Inc capex slows down marginally to Rs 9.4 trn in FY24: Care Ratings

This is mainly because of poor data for Q1FY25 due to election-related restrictions and uncertainties