Page 9 - India Inc

India Inc's revenue grew 11.4% in Q4FY23, but geopolitical tensions remain

According to Icra, sequential recovery in the overall performance of India Inc is contingent upon how well the entities are able to cope with the headwinds going forward

'Against' votes by institutional investors surged to 6.31% in 2022

Others'-non-promoters and non-institutional investors-- polled just 29.01 per cent of their shares, an improvement over 26.31 per cent in the previous year

BFSI firms drive earnings of India Inc to a record high in Q4FY23

By comparison, their combined net sales (gross interest income for BFSI companies) were up 14.3 per cent YoY to Rs 33.2 trillion in Q4FY23, from Rs 29 trillion a year ago

India Inc's dividend payout rises 26% to Rs 3.26 trillion in 2022-23

The dividend per share recommended by the top three corporations was more than double that of the previous year, with TCS again at the top of the list

Income tax department to monitor advance tax payments by companies

The idea is to both widen and deepen tax bases, according to two official in the know

Where is corporate India in the marriage equality debate?

Even international companies in the country have not commented on the issue

Market regulator Sebi slams India Inc on price-sensitive disclosures

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

India Inc offers higher stipends to apprentices, shows TeamLease report

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

TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

RIL, ONGC, SBI among key firms that are yet to declare final dividend for FY23

From Amazon, JP Morgan to KPMG, India Inc is hiring defence veterans

Here's why companies like Amazon, JP Morgan, KPMG and Goldman Sachs are increasingly hiring defence veterans

India Inc prepares for a tough road to evolving standards, ESG compliance

Firms will have to meet two different standards - domestic and global, say experts

Privately placed bond mop-up at record Rs 8.3 trillion in FY23

Financial institutions, including banks, accounted for the highest mobilisation at Rs 4.2 trillion, up 12 per cent over FY22

Is Apple's focus on India as momentous as Suzuki's entry 40 yrs ago?

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

Can a CEO change impact a company's stock performance? Some insights here

While the Covid-19 period saw CEO transitions take a back seat, Jefferies said that businesses are now dealing with changed macro / geopolitical situations

India Inc leans on InvITs to reduce debt, generate returns for investors

Reliance Retail to join the club; High returns attract overseas investors to InvITs

Top headlines: Likely profitable Q4 for India Inc, rural FMCG sales up

Business Standard brings you the top headlines at this hour

Results preview: India Inc likely to report highly profitable Q4

Nifty50 firms may show 15.6% earnings growth, say brokerages; revenue growth to disappoint

India Inc cheers RBI stance to hold interest rate, terms it 'prudent' move

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

Work for 7,000 acres of land for India Inc starts in Uttar Pradesh

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

The new corner office favourite

Across sectors, CFOs are stepping into the role of CEOs as companies see value in their realistic outlook grounded in numbers