All stories by BS Reporters
93% CEOS Plan To Hire More Employees
Rediff.com12 Apr 2023Many 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
Rediff.com9 Jan 2023Indian 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
Rediff.com12 Aug 2022From 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
Rediff.com27 Jun 2022Venkataraman 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
Rediff.com14 Jan 2022With 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
Rediff.com2 Dec 2021The 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
Rediff.com27 Oct 2021PB 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
Rediff.com17 Jun 2021With 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
Rediff.com15 Mar 2021Investment 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
Rediff.com6 Mar 2021RIL, 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
Rediff.com21 Jan 2021Many 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!
Rediff.com10 Jan 2021From 5G to Tesla to Covid vaccine, 10 things will shape India's future.
India Inc against investing in new parliament building and bullet train
Rediff.com8 Jan 2021A 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.
Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors
Rediff.com12 Nov 2020The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.
How mini lockdowns are making a hole in consumers' pockets
Rediff.com24 Jul 2020To tide over the difficulties due to incessant shutdowns, several farmers in Maharashtra have turned into aggregators and started selling their produce without the help of mandis or agents. They have started contracting with bulk consumers like hypermarkets and co-operative housing societies to sell their produce directly.
The 2 BIG challenges facing India Inc
Rediff.com16 Jul 2020As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
Sops India Inc is giving to woo back labour
Rediff.com10 Jun 2020Chief executives in the real estate, consumer products, automobiles, construction, and textile sectors said they were all expecting workers to re-join in the next 45-60 days, which would help them ramp-up production from July.
In battle against COVID-19, India faces new challenges
Rediff.com29 May 2020The pandemic is set to become even more challenging, with migrant workers returning home, relaxations in lockdown rules, and the approaching monsoon. However, states are looking at community participation to ramp up testing and home treatment of patients
Sector-specific steps must, says India Inc
Rediff.com18 May 2020Some sectors like aviation, hospitality, travel and tourism, and automobile have witnessed zero cash flow since the lockdown began.