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India Inc capital expenditure story gets cement to semiconductor push

India Inc capital expenditure story gets cement to semiconductor push

Rediff.com19 Apr 2024

Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.

India's Big Guns Firing On Capex Front

India's Big Guns Firing On Capex Front

Rediff.com13 Feb 2024

'Interim Budget has ignited the entrepreneurial spirit.'

'Black swan events are becoming increasingly frequent'

'Black swan events are becoming increasingly frequent'

Rediff.com6 Nov 2023

If the war in the Israel-Gaza region escalates into a larger West Asian conflict, it could pose problems.

Soaring veggie prices stoke inflation fears

Soaring veggie prices stoke inflation fears

Rediff.com12 Jul 2023

Unprecedented rains and floods in the northern region in the past few days have not only caused extensive damage to lives and property but have also impacted business and commercial establishments. Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month. Traders say vegetable prices would come down only after roads open and skies clear, even as water in the fields will take time to recede.

Modi's US visit: Why Amazon, Google raised their India bet

Modi's US visit: Why Amazon, Google raised their India bet

Rediff.com26 Jun 2023

American online major Amazon seems to be almost doubling its India investment going by the company's recent announcement during Prime Minister Narendra Modi's state visit to the US. From the time the Seattle-headquartered company started its India journey in 2013, its investment into the country is pegged at $11 billion or roughly $1.1 billion a year. By committing a fresh round of $15 billion by 2030, the Jeff Bezos-founded company's investment would go up to more than $2 billion a year over the next seven years.

'Banking system moving from bad to normal'

'Banking system moving from bad to normal'

Rediff.com14 Jun 2023

'It is nice that the banking system is in good shape.' 'It is a little early to call it too good because I think it was too bad in the past.'

93% CEOS Plan To Hire More Employees

93% CEOS Plan To Hire More Employees

Rediff.com12 Apr 2023

Many CEOs said they plan to give special leave to women employees so as to encourage their participation in the workforce.

Capex tops India Inc's 2023 to-do list

Capex tops India Inc's 2023 to-do list

Rediff.com9 Jan 2023

Indian companies are planning to increase investments in the new year to expand capacity, acquire companies, and go on a hiring spree, a survey of top executives showed. They, however, cited rising costs, weak consumer demand, and increasing interest rates as major concerns for 2023 which may impact their plans.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

V Krishnamurthy, PSUs' turnaround man, dies at 97

V Krishnamurthy, PSUs' turnaround man, dies at 97

Rediff.com27 Jun 2022

Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.

Covid redux: India Inc switches back to SOS mode from wait-and-watch

Covid redux: India Inc switches back to SOS mode from wait-and-watch

Rediff.com14 Jan 2022

With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.

Banks And Fintech Both Need Each Other

Banks And Fintech Both Need Each Other

Rediff.com2 Dec 2021

The fundamental issue between banks and fintech would be who will own the customer and who will be the service provider.

Policybazaar's Rs 5.8k-crore IPO to open on Nov 1

Policybazaar's Rs 5.8k-crore IPO to open on Nov 1

Rediff.com27 Oct 2021

PB Fintech, the parent of Policybazaar and Paisabazaar, has set a price band of Rs 940-950 apiece for its initial public offering (IPO), which will open on November 1 and close on November 3. The company may be valued at around Rs 44,000 crore, and looking to raise an amount of around Rs 5,826 crore. The IPO comprises a fresh issue of Rs 3,750 crore, along with an offer for sale (OFS) of Rs 1959.72 crore by existing promoters and shareholders.

There's no stopping India's start-up juggernaut

There's no stopping India's start-up juggernaut

Rediff.com17 Jun 2021

With 16 start-ups gaining unicorn status in 2021, India's tally has touched the 50 mark. The newest entrant to this list include Pune-based MindTickle, which is close to finalising a $100-million funding round from Softbank's Vision Fund 2, taking the company's valuation to $1.1 billion.

Share of women in boardrooms up for eighth year in a row

Share of women in boardrooms up for eighth year in a row

Rediff.com15 Mar 2021

Investment banking star and Moelis India Chief Executive Officer Manisha Girotra remembers a colleague who wanted to resign because she needed to attend to her parents' health issues in a different state. Rather than quit a promising career, she was given the flexibility of working from home on Fridays, which was unusual in the pre-pandemic days. This allowed her to take care of her parents' visits to the doctor and other health-related needs without quitting her job. She would be back in the city office on Mondays.

India Inc steps up, foots bill for staff vaccination

India Inc steps up, foots bill for staff vaccination

Rediff.com6 Mar 2021

RIL, Capgemini, IndiGo among companies which have offered to pay their employees' vaccination cost.

India Inc gets back to office cautiously, even as many MNCs remain shut

India Inc gets back to office cautiously, even as many MNCs remain shut

Rediff.com21 Jan 2021

Many are testing hybrid models including getting small batches to work, rotating staff every week, introducing shifts and allowing certain functions to operate from office in small numbers.

10 things that will make 2021 different!

10 things that will make 2021 different!

Rediff.com10 Jan 2021

From 5G to Tesla to Covid vaccine, 10 things will shape India's future.

India Inc against investing in new parliament building and bullet train

India Inc against investing in new parliament building and bullet train

Rediff.com8 Jan 2021

A majority of the CEOs are expecting the economy to show growth in the next financial year on the back of rising consumer spending and a sharp turnaround in rural India.

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