Even international companies in the country have not commented on the issue
The proposal to broaden the definition of price-sensitive information comes on the back of Sebi's study which showed lack of proper judgement and prudence exercised by India Inc
TeamLease on Tuesday released its 'Stipend Primer Report' for FY22, which suggests that a 2% increase was witnessed in 2022 in average stipend payouts, as against the previous fiscal
RIL, ONGC, SBI among key firms that are yet to declare final dividend for FY23
Here's why companies like Amazon, JP Morgan, KPMG and Goldman Sachs are increasingly hiring defence veterans
Firms will have to meet two different standards - domestic and global, say experts
Financial institutions, including banks, accounted for the highest mobilisation at Rs 4.2 trillion, up 12 per cent over FY22
The full measure of Apple's success in India will depend on its becoming more than a phone company. Still, this promising start is sufficient for the moment, writes T N Ninan
While the Covid-19 period saw CEO transitions take a back seat, Jefferies said that businesses are now dealing with changed macro / geopolitical situations
Reliance Retail to join the club; High returns attract overseas investors to InvITs
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Nifty50 firms may show 15.6% earnings growth, say brokerages; revenue growth to disappoint
India Inc cheered the Reserve Bank's stance to hold key interest rate on Thursday terming it a "prudent" move in the wake of headwinds emanating from global banking stress and said the move will improve business sentiments by containing the rise in borrowing costs. Industry bodies cautioned that any further hike in the benchmark repo rate at this juncture would have affected India's economic growth even as domestic demand impulses remain healthy. Sanjiv Bajaj, President, CII said the industry body agrees with the central bank's observation that the lagged impact of the past rate hikes should be allowed to percolate into the system, and not stifle demand by further rate hikes. Though the domestic demand impulses remain healthy, headwinds from the global banking stress have gained pace, hence it was important for the central bank to remain cautious in its stance. This move by RBI will help bolster business sentiments by containing the rise in borrowing costs which have constricted th
The UP State Industrial Development Authority (UPSIDA) is looking to buy about 7,000 acres of land in Phase I to add to its existing inventory of 15,000 acres
Across sectors, CFOs are stepping into the role of CEOs as companies see value in their realistic outlook grounded in numbers
Interest rate hikes, global slowdown, stubborn inflation pose risk
India Inc's key credit ratios moderated sharply in the second half of FY23 on expected lines and are likely to go down further, Crisil Ratings said on Monday, maintaining that upgrades will continue to outpace downgrades. The Crisil credit ratio, or the number of upgrades to downgrades, moderated to 2.19 times for the October 2022-March 2023 period, as against 5.52 times in the first half of FY23. There were 460 companies whose debt got upgraded, as against 210 which saw a downgrade. Looked at from the outstanding debt perspective, the agency which rates 7,000 entities said the ratio moderated to 2.47 times, as against 7 times in the first half of the fiscal. The agency's managing director Gurpreet Chhatwal told reporters that it has a "positive bias" on the overall credit scenario quality for FY24, and the upgrades will continue to be higher than the downgrades even though there can be a further moderation in the ratios. Going forward, the key risk factors to watch out for, which
Most top executives appear to be upbeat about sales and profit
Sustained deleveraging, continued revenue, profitability growth boost rating
India's new foreign trade policy is pragmatic and positive, and has set a stage for exporters to increase the country's share in global trade, industry bodies and experts said. Commerce and Industry Minister Piyush Goyal unveiled a 'dynamic and responsive' Foreign Trade Policy 2023 on Friday with the objective of raising the country's outward shipments to USD 2 trillion by 2030, pushing the rupee trade and incentivising e-commerce exports. Director General of industry chamber CII Chandrajit Banerjee said with many innovative measures, the new FTP will go a long way to help India achieve USD 2 trillion in exports of goods and services and is in line with the many policy announcements to promote exports in the recent past. "At a time when the world is looking for resilient global value chains, FTP 2023 will facilitate the regulatory environment, foster globally competitive firms and make exports more inclusive," he said. Commenting on the policy, Assocham Secretary General Deepak Soo