The study was conducted by tax compliance firm Avalara and the Center for Economics and Business Research (Cebr)
A cooler-than-usual summer this year - followed by the earliest onset of rain since 2009 - has hurt companies selling everything from talcum powder to air conditioners
With regulatory curbs stalling Chinese investments in India, electronics firms like Voltas and PG Electroplast are exploring technology partnerships
But payouts to shareholders grew slowest in five years
India, Paraguay to explore expanding India-Mercosur PTA
Forty-two per cent of professionals in India view GenAI as a threat to job security, while the number inches up to 44 per cent when it comes to middle-level management
External commercial borrowing proposals reached a 72-month high of $11.04 billion in March 2025, with full-year filings touching $61.18 billion, RBI data showed
Companies unlikely to roll back employee safeguard measures in a hurry
The corporate affairs ministry is set to strike off the names of more than 3,300 companies from the official records after receiving applications for removal of their names. Registrar of Companies (RoC) from various states and Union Territories issued public notices regarding striking off the names of these companies in April in accordance with the provisions of the Companies Act, as per the latest data available with the ministry. More than 3,300 companies across states and Union Territories are set to be struck off from the official records, the data showed. Out of the total, there are over 700 such companies in Maharashtra, nearly 500 in Delhi, more than 350 in Karnataka, over 200 each in Gujarat, Uttar Pradesh and West Bengal, among other places. RoCs had received applications from the companies under Section 248(2) of the Companies Act on certain grounds, including that they failed to commence business within one year of their incorporation or that they are not carrying on any
India Inc's revenue growth will remain flat at about 5-6 per cent in the March quarter, but profitability will widen, a domestic rating agency said on Thursday. Crisil Ratings said the operating profit margins are seen at 8 per cent, a widening of up to 0.60 per cent, when compared with the year-ago performance. The agency analysed over 400 companies accounting for over 50 per cent of NSE's market capitalisation to arrive at its estimates. Some companies, especially in the information technology sector have already announced their earnings. Improved showing by the consumer-driven sectors excluding staples will be a key contributor for the topline growth, while the bottom line will benefit from a mixed set of aspects which are unique to a sector, it said. Crisil Intelligence's director Pushan Sharma said consumer discretionary products, services and staple services segment is expected to see 8-9 per cent on-year increase in revenue. "This would be led by an expected 15 per cent sur
Mohammad Ali Rashid Lootah added that with strong trade ties that go back to the age of the spice and silk routes, both the countries can collaborate to meet the growing demand in emerging markets
For industries like steel manufacturing, where extreme temperatures are part of daily operations, structured heat management protocols are crucial
Internship opportunities in the country have doubled over the past three years as organisations are trying to equip young professionals with industry-ready skills, a report has said. Internships are taking centre stage as companies gear up to equip young talent with real-world skills, said a report by global job site Indeed. According to data from Indeed, India witnessed a 103 per cent increase in internship postings over the past three years (February 2022 till February 2025), underscoring how businesses are doubling on internships to bridge the gap between academics and industry expectations. The report by Indeed is based on an analysis of data on its platform from February 2022 to February 2025. It further revealed that as industries evolve-especially with the rise of AI, data analytics, and digital transformation, companies are using internships not only to offer hands-on experience but also to spot and groom top talent early on. Delhi, Karnataka, and Maharashtra lead the pack
The rise in hedging longer-tenor exposures follows a pickup in shorter duration hedges
The audience response to Oscar-nominated films in India has been consistently growing over the years and access to these films for theatrical release has improved significantly, says Sanjeev Bijli, executive director of PVR INOX Ltd. Ahead of the 97th Academy Awards, the multiplex chain brought back its annual Oscars Film Festival, which showcases a stellar lineup of Oscar-nominated and award-winning films on the big screen over the course of three weeks in 22 cities and across 54 cinemas. We've been doing it every year now for a long time, and the audience reaction has always been very good. As a cinema company, we remain committed to bringing all kinds of films. Over the years, the availability of these films has also become easier, Bijli told PTI. The film gala, which commenced on February 21, is screening films like "Dune: Part Two", "Wicked", "Inside Out 2", "The Brutalist" and "Emilia Prez". Bijli highlighted the role of PVR INOX Pictures' distribution division, which has pla
Two South African companies with strong links to India have signed a Memorandum of Understanding (MoU) to help resolve the water and energy crisis in the country. Imbanita Consulting and Engineering Services, established in 2017 as a joint venture company between Imbani Holdings and Tata Africa, and the local subsidiary of ION Exchange, which offers total water and environment management solutions, signed the MoU at the office of the Consul General of India here on Wednesday. Bish Chakraborty, CEO of Inbanita, said his company could assist in significantly reducing the load-shedding problems which have left South Africa in the dark for lengthy periods during the past few years. Load-shedding problems have had a drastic effect on the South African economy. Chakraborty claimed Imbanita was very well-placed to assist on the power generation side. Gourish Chakravorty, CEO of Ion Exchange Safic, said his company had been working on the water challenges in South Africa for the past 17 .
The FCPA is jointly enforced by the Department of Justice (DOJ) and the SEC in the United States, applying criminal and civil penalties, respectively
Deloitte India and MEGA, a Bizzdesign company, on Thursday announced a strategic alliance geared to help Indian enterprises strengthen their enterprise architecture and drive digital transformation. By combining Deloitte's Advice-Implement-Operate (AIO) capabilities with MEGA's 'HOPEX platform', the collaboration would look to address the complexities of modern IT landscapes, including managing legacy infrastructure, adopting emerging technologies and overcoming silos across organisations. According to a release, the HOPEX platform integrates strategic planning, process optimisation and Governance, Risk and Compliance (GRC) management into a unified framework. This enables organisations to manage their IT environments more effectively, make informed decisions and navigate regulatory requirements better. "The collaboration will deliver scalable, adaptable solutions that streamline processes, enhance collaboration and reduce operational inefficiencies," the release added.
The government's plan is estimated to help around 25-30 million personal tax payers save about 100,000 rupees annually, according to Kamal Bali, managing director of Volvo Group India