Page 26 - Indian Companies

M&A deals hit slow lane, drop 43% in deal value since January 2024

Indian companies had reported deal value worth $23.5 billion between January to 22 March 2023

Electoral bond disclosures: BJP gets lion's share from listed companies

70 per cent of electoral bond flows went to the saffron party

71 Indian companies on FT's Asia Pacific top 500 high-growth list

Indian companies top the list, with Zypp Electric at number one and BigHaat at number two

Novartis eyes sale of listed unit in India, says Global CEO Narasimhan

Narasimhan emphasised that India remains pivotal for talent sourcing and research, despite a shift away from manufacturing

Cashfree Payments launches product solution to cut fraudulent transactions

Cashfree's 'RiskShield' enables customers to add limits on the frequency and cumulative sum of transactions that an individual customer is permitted to pay on a periodic basis

India will have an upper hand in AI: PM Modi at Startup Mahakumbh

The prime minister Modi said that he is making use of AI technology for his election campaign

Pocket FM's valuation crosses $750 mn, bags $103 mn in Series D funding

The audio platform secures $103 mn in Series D funding. Funds to drive global growth, enhance content library, and advance Gen AI

HUL to decarbonise its supply chain by 2039, use 100% green energy by 2030

HUL has signed MoU with BP and Jio-BP to use BIO-CNG for its trucks. Emissions from BIO-CNG are about 70 per cent less than those from fossil fuels

Reorganisation to simplify market strategy, services: Deloitte India

Changes in Deloitte India's structure to align with changes in other countries

ATC opts to convert Rs 1,440 crore Voda Idea debt bonds into equity

Move to marginally reduce Vi's debt burden, ATC to continue holding Rs. 160 crore Vi OCDs

Funds safe, claims edtech major Byju's after US court's freeze order

In Delaware hearing, Judge rejects lenders' request for mandatory injunction, said Byju's. Instead orders a preliminary injunction, effectively seeking to maintain status quo

Govt nod for 17% wage hike for Life Insurance Corporation employees

The revision includes an increase in the National Pension System (NPS) contribution to 14 per cent from 10 per cent for nearly 24,000 employees

EC declares electoral bond data: Future Gaming & Hotel tops the list

Future Gaming was probed by the Enforcement Directorate recently, It bought electoral bonds worth over Rs 1,368 crore under two different sets of companies

Fusion Strategy can deliver low-cost solutions to masses: V Govindarajan

Vijay Govindarajan argues that AI and real-time data should be leveraged to radically transform physical products and the companies that make them

Market size for flexible office spaces in India to double by 2030: Anarock

Co-working spaces will be the top choice of industry professionals by the end of the decade

Short seller attack was to defame India's governance practices: Adani

After the Hindenburg report's release, shares of the Adani group fell sharply but later recovered after the promoters sold shares and prepaid part of their debt

Indian beer startups growing, launching new products after surge in funding

Proost attributes the growth in the beer market due to rising per capita beer consumption, increased disposable income, and reduced societal stigma around alcohol

Hyatt Hotels to expand India footprint with 7 new properties in 2024

On the back of this boost in domestic tourism, the company debuted JdV by Hyatt - its ninth brand in the country - in February 2024

Time taken for startups to get Series A funding longest in over a decade

Waiting for institutional round of financing could extend to 86 months compared to 81 last year

Indian firms report strongest hiring outlook for Jun quarter 2024 globally

Employers in India continue to report bullish hiring outlook for the upcoming June quarter, with 36 per cent of companies planning to add more staff in the next three months, a survey said on Tuesday. According to the latest ManpowerGroup Employment Outlook Survey of nearly 3,150 employers, India reports the strongest outlook among 42 countries across the globe. For the April-June period, 50 per cent of employers are forecasting an increase in payrolls, 14 per cent anticipating a decrease and 33 per cent expecting no change, while 3 per cent are unsure, the resulting net employment outlook is 38 per cent. "India tops the list of countries across the globe with a Net Employment Outlook of 36 per cent despite organisations struggling to activate their hiring plans with talent shortages at 80 per cent," ManpowerGroup said in a statement. India's net employment outlook has strengthened by 6 per cent since April-June 2023 and is down 1 per cent when compared to the same period ?last ..