Majority says that candidates lack technical skills they seek.
Private equity deal activities in the first quarter of 2013 fell by 39 per cent to $1.29 billion, amid a sluggish global and domestic economic environment, says a report.
According to the Grant Thornton International Business Report, a quarterly survey of more than 3,000 businesses in 44 countries, India is one of the top 10 countries that plan to increase hirings.
While 83 per cent of respondents do not expect major changes in the corporate taxation rates, they expect increase on the limits of tax savings investments especially linked to housing loan and principal repayments, the survey says.
Corporates are adopting cleantech products and technologies largely motivated by the need to reduce cost and increase profitability and not because of environmental concerns, says a survey.
The findings of the Grant Thornton International Business Report come ahead of the ceremony tomorrow of the 2012 Olympic Games in London.
PE investment so far in 2014 stood higher at $ 8.4 billion as against $ 7.8 billion in 2013, with 38 per cent higher volumes in 2014 as compared to 2013, led by the technology sector.
There has been 'a slowdown' in workplace stress in the country, as the businesses are adjusting to more realistic performance goals, a survey by the advisory firm Grant Thornton says.
In the corresponding period of the last year, there were 614 deals worth $ 27.7 billion.
The year saw 30 QIP deals raising over $5 billion and 35 IPOs.
For the quarter ended June, most FMCG companies reported growth of 15-20 per cent in revenue, as demand for daily-use items continued to be high.
India's investigating agencies have in the past made a lot of noise about probes that resulted in few convictions
Corporate India's deal activity in the period between January till March this year was better than last year.
Household budget may make a larger hole in the pockets of Indian consumers in the coming months, as an estimated 41 per cent of food and beverages businesses are looking to hike their prices over the next one year, a survey has said.
According to assurance, tax and advisory firm Grant Thornton, corporates in the country announced 458 deals in the January-November period amounting to $26.76 billion.
Post-elections, the pace is expected to be greater for inbound deals, which have been largely pushed back for many months now for want of better clarity on the policy stance of new government, experts said.
Grant Thornton reports says total value of deals in 2013 crosses $8 bn, up 34% from the year-ago period, momentum likely to continue
Globally, 69 per cent businesses plan to finance their growth through retained earnings, followed by bank finance at 59 per cent.
This was mostly driven by Qatar Foundation Endowment's $1.26 billion investment in Bharti Airtel.
According to Grant Thornton's January data, IT & ITeS tracked the highest in terms of value, with the industry investing $1.2 billion in M&A over 12 deals.
Share prices of Indian companies listed on LSE continue to outperform both the AIM All-Share and the FTSE 100, according to India Watch, a quarterly review due to be released by business and financial adviser Grant Thornton. AIM is the LSE's international market for smaller growing companies.
According to global consultancy firm Grant Thornton, 57 per cent of privately held businesses in 14 of the world's leading emerging markets indicated that they were optimistic about the prospects of their country's economy in the year ahead, while just 2 per cent in mature economies believed so.
The highest compensation package for the Global MBA class at the S P Jain School of Management stood at Rs 43.9 lakh while that for the MGB programme was Rs 35 lakh.
Indian fast moving consumer goods (FMCG) players are once again on the prowl to acquire companies, as the economy picks up.
The year 2009 was a difficult year for Indian merger and acquisition deals.
The value of mergers and acquisitions that India Inc snapped up in the first half of the year surged over seven times to a staggering $38 billion or over Rs 1.8 trillion, led by big ticket deals in the telecom and pharma sectors.
The contraction in M&A activity in India contrasts sharply with the upbeat global picture, much of it led by a reviving US economy.
According to the International Business Report by global consultancy firm Grant Thornton International, Vietnam tops the employment growth index 2008 with a 14 per cent rise in employment by privately held businesses, followed by India and China at 12 per cent each. With double digit growth, Vietnam, India, mainland China and Armenia (11 per cent) top the employment growth table.
Corporate India's shopping spree continued unabated in the second month of this year, as deals worth over $1.3 billion were announced, a five-fold jump from the year-ago period, a report by global consultancy firm Grant Thornton said.
India Inc's deal making saw a sharp decline in 2009 with just $24 billion worth of mergers and acquisitions and private equity deals taking place, but 2010 is likely to be a year of "opportunity," according to a report by a consultancy firm.
The year 2009 was a difficult year for Indian merger and acquisition (M&A) deals. However, it established the supremacy of Indian investment bankers (i-bankers) by catapulting them to the top of the league table, leaving their international peers far behind.
The number of deals were only 31 in August this year, but the value was just a notch higher at $4.63 billion than in September this year, international accounting and business advisory firm Grant Thornton said in its monthly report. During July-September period of the current year, Indian company's had done more acquisitions valued at $9.2 billion than in the same period in 2007 at $5.3 billion.
We take a sneak peek at the hiring scene in the years to come and which sectors are set to emerge in a big way with all those dream jobs.
However, the tribunal rejected the plea by the Netherlands based vendors for filing an intervention application, saying the Dutch district court had no jurisdiction to order bankruptcy of Jet Airways.
Merger & acquisition and private equity deals struck by Indian Inc in the first half of the current year nosedived by more than half in terms of volume to 216 deals and by 66 per cent value-wise at $7.814 billion over the same period last year.
The total number of M&A deals announced till December 15 stood at 445 and its combined value was $30.72 billion, according to global consultancy firm Grant Thornton said. It hardly a match to last year's 676 deals worth $51.11 billion.
However, Icra Rating Principal Economist Aditi Nayar feels that the numbers are a bit too optimistic and need real heavy-lifting by the Centre and the states. "The survey forecasts on real and nominal GDP will require a substantial push from Central and state spending as private sector capacity expansion is anticipated to be intermittent, and sector-specific in the next couple of quarters," she said. Nayar added that private consumption is likely to chart a differentiated recovery across income and age groups. Based on the comments made in the Survey, she expects the Union Budget to incorporate a growth in gross tax revenue of 15-16 per cent.
Since families multiply much faster than the number of businesses, after a point, there just aren't enough independent firms for each member to run.
Grant Thornton's international business report claims India Inc to be most optimistic about economy.
In July, 43 M&A deals were announced with a total announced value of $583.95 million. Out of the 43 deals 17 were domestic, where in both acquirer and target being Indian and 26 were cross-border deals. In the private equity deal segment similar trend was witnessed. The total number of PE deals during the first seven months of 2008 stands at 215, with an announced value of $7.74 billion as against 224 deals amounting to $9.52 billion during the corresponding period in 2007.
