Page 48 - Indian Companies

CEOs expect better job creation despite monetary tightening in H1FY23

A majority of CEOs in the poll anticipate improved job creation prospects in their companies in the first half of FY23, even as expectations of monetary tightening are pervasive

FMCG companies expect demand recovery, price stability in next quarter

With commodity prices peaking out, major FMGC players in India expect a recovery in demand in both rural and urban markets going forward aided by price stability

Q1 earnings, inflation figures, global cues to dictate markets next week

Domestic equity market this week will be influenced by macro data announcements, including inflation number for June, first quarter earnings from companies, global trends and foreign funds movement

e-con Systems opens new site in Bengaluru, eyes $10 million funding

e-con Systems plans to ramp up employee base by 50%, with focus on salesforce and R&D personnel

IL&FS approves Siva Shelters's proposal to restructure loan to subsidiary

Siva Shelters offers to pay 20% of settlement amount immediately on signing of agreement

Well begun, but US recession fears to hit Indian firms' foreign M&As

Bankers bullish on local acquisitions by India Inc in rest of FY23

Sanjiv Mehta appointed as president commissioner of Unilever Indonesia

Sanjiv Mehta will join Unilever Indonesia's board of commissioners and chair it in a non-executive capacity

Deadline 14 days, but time to decide on admitting insolvency cases goes on

Resolution professional in Anil Ambani insolvency case says that it had been more than a year since a suit for recovery was filed against the businessman

India defies global slump with a record $82 bn dealmaking spree in Q2

India saw $82.3 billion pending and completed M&A deals in the second quarter, the highest amount on record, according to data compiled by Bloomberg

PwC India to buy salesforce consultancy Venerate Solutions for unknown sum

Deal aligns with PwC's move to invest in digital transformation and strategic alliances

No plans to exit business, clarify Metropolis Healthcare promoters

Metropolis Healthcare is continuously exploring various strategic options and investment

TCS sees fall in staff attrition, robust demand for IT services: Top exec

More tech talent is expected to enter the job market from startups facing funding crunches, as central banks withdraw stimulus and hike rates: Girish Ramachandran

Tata Starbucks sees 76% growth in revenue to Rs 636 crore for 2021-22

Its revenue growth was led by higher realisation from existing stores and new stores added during the financial year ended on March 31, 2022

Aditya Birla cos to invest Rs 77,000 cr to build capacity, enter new areas

Hindalco leads with Rs 54,000 crore investment as demand booms

Four of top-10 firms add Rs 2.31 trn in m-cap; Reliance lead gainer

The valuation of Reliance Industries jumped Rs 1,38,222.46 crore to reach Rs 18,80,350.47 crore

France woos Indian cos after topping attractive investment rank in Europe

France is wooing Indian companies, particularly startups, for investments after it topped for the third year in a row an EY survey on most attractive investment destinations in Europe.

Top Indian firms show resilience post pandemic, Tata Group at top spot

Top Indian firms have shown resilience in post pandemic business conditions and TATA Group, with its brand value up 12 per cent to $24 billion, continues to be the most valuable brand, a report showed

LIC to declare Q4 results 2022 today, may consider payment of dividend

LIC board will consider and approve the audited financial results

Indian firms log on to Metaverse, from jewellery brand to IT giants

It's not just Facebook: more and more companies are keen to offer customers and employees the joys of working and playing in the virtual world.

In Pictures: India at World Economic Forum Annual Meeting 2022 in Davos

The WEF 2022 took place at a watershed moment in history from May 22 to May 26