Page 8 - India Inc

Inside India Inc's Diwali hamper: Paid leaves, group experiences and more

Companies are opting to offer indulgences with social responsibility added to the package

Gharwapsi: India Inc taps former talent pool to fill executive positions

There has been a growth in the number of boomerang employees over the last few months; experts say the trend of 'great resignation' has now evolved into the 'great regret'

India Inc revenues to rise 8-10% in Q2, profit margins to expand: Crisil

India Inc is all set to report an 8-10 per cent jump in revenues for the September quarter while profit margins will also witness an expansion, an arm of rating agency Crisil said on Friday. This will be the first time in four quarters that the revenue growth will see an increase, it said. Automobiles, construction (which benefitted from truant monsoons) and information technology services sectors will be driving the revenue growth in the quarter, the rating agency said, adding that the year-on-year revenue growth in the preceding June quarter had stood at 7 per cent. The agency said its expectations are based on an analysis of 300 companies excluding ones in banking and oil sectors. "Growth in revenue was largely skewed towards consumer discretionary products and services, where automobiles and the retail sector led the pack, and construction-linked sectors, where companies accrued benefits from an early deployment of capital expenditure by the roads and railways ministries, Direc

Hotels to steel: India Inc unlocks subsidiaries' value with mergers, splits

Combined value of deals reaches $32.9 bn in Q3 CY2023, the highest quarterly total since Q2 CY2022

'Centre keen on recruit-train-deploy model for skilling scheme PMKVY 4.0'

Inviting training partners and India Inc to collaborate with the government on the Prime Minister's Kaushal Vikas Yojana 4.0, a top official on Wednesday said the Centre is keen on having a Recruit-Train-Deploy model for its flagship skilling scheme. Secretary in the Ministry of Skill Development and Entrepreneurship Atul Kumar Tiwari also called upon the industry to assist in designing some courses. "We would also like the training partners and industries to come together and work with us on the Prime Minister's Kaushal Vikas Yojana 4.0 in which we would like to have the RTD model. We would like industries also to come forward and help us in terms of designing some courses for them and funding some part of that so that they can skill people for their workforce," Tiwari said. He was addressing the Global Skills Summit organised by Ficci. Union Finance Minister Nirmala Sitharaman in her Budget speech this year announced that the fourth phase of the PMKVY 4.0 will be launched in orde

India Inc set to show further improvement in credit metrics in Q2: Report

India Inc's credit metrics are likely to show further improvement in the September quarter, a domestic rating agency said on Friday. The recent trends in softening of commodity prices, price hikes by companies, and anticipation of a favourable demand are the factors helping the industry, Icra Ratings said. The interest coverage is likely to improve to 4.5-5 times in the July-September period from 4.5 times in the June quarter, the agency said, adding that inflationary trends remain a monitorable. "India Inc's ability to improve earnings will depend on its ability to navigate ongoing headwinds such as tepid growth in the developed markets and impact of fluctuations in foreign exchange on import as well as export-oriented sectors," its Co-Group Head for Corporate Ratings Kinjal Shah said. Sequential improvement in operating profit margin was the most visible in sectors such as aviation, oil and gas, retail and auto brands, Shah said, adding that the evolving geo-political situation .

India Inc's leverage to stablise; refinancing risk to remain low: Moody's

Agency's report on non-finance entities says earnings growth will be a function of lower prices of key commodities

Top headlines: All eyes on Chandrayaan-3 landing, 28% GST move, and more

Business Standard brings you the top headlines at this hour

Top headlines: Apple, Dell impacted by licensing norms, Jet Airways revival

Business Standard brings you the top headlines at this hour

India Inc plans to press the pedal on capital expenditure: CEO poll

59% expect markets to remain buoyant; rising prices a worry for 27%

Top headlines: India Inc profit surges 65%, world entering green energy era

Business Standard brings you the top headlines at this hour

Wage bill of listed pvt. companies up 17% at Rs 11.5 trn in FY23: Report

The rising trajectory of private corporate wage bill appears structural, having grown from around 9 per cent of GDP in FY12 to around 13 per cent in FY22

Uneasy lies the start-up head

While start-ups in India are not inherently better managed, their promoters seem less secure compared to shareholder-driven, board-managed companies

India Inc's fundraising from overseas up 12% to $9.7 billion in H1 2023

Several companies, led by Reliance Industries, raised funds from overseas

The dividend route to disaster

Abnormally high dividend pay-outs may harm not only the company but also the market and the economy

A clutch of Indian companies talk supply chain integration with Apple

The value addition for iPhone vendors is currently around 15 per cent but the government expects them to hit 30 per cent by FY26

Diversity drive: How LGBTQIA++ struggles for pride of place in India Inc

Inclusion of women improves with corporate DE&I initiatives, but discourse for the disabled and LGBTQIA++ has only begun

India Inc is excited about generative AI, says Salesforce India CEO

But the actual deployment of the new-age technology would still take substantial time, says Arundhati Bhattacharya

India Inc may feel heat of new governance norms, higher compliance

Sebi has brought about a raft of changes to listing norms aimed at greater transparency

Will banks become risk-averse in the quest to seek a governance premium?

India Inc will have to pencil in Mint Road's stress on the governance premium in bank lending