'Despite a challenging FMCG environment, ITC Foods has grown at or above the industry rate.'
'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'
Romance may be personal, but when it enters the workplace, particularly in reporting hierarchies, it becomes a matter of governance.
'Due to tariff uncertainty, automotive customers reduced their steel uplift by almost 15 per cent.'
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.
The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
'The steel industry expects the government to decide on safeguard measures from dumping post-Budget'
'Spending by the middle class is limited with a focus on savings. However, there is buoyancy at the top-end.'
'In India, managers and the leadership almost glorify overworking.'
'The biggest impact will be on coal and hence on power cost. Then comes iron ore, coking coal, bauxite.'
'When you look at reviving private sector capex, I don't think there's a better story than steel.'
'Which is growing fast and where we are very strongly positioned.'
'The Budget will be positive, continuing on the path of growth taken so far.'
'The UK is more of a structural problem, and that's why we're doing the restructuring.'
'While every year presents new challenges, it also provides opportunities for better growth and performance.'
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.
If the war in the Israel-Gaza region escalates into a larger West Asian conflict, it could pose problems.
'As Tata Steel we will obviously use group-level leverage to make progress where we want.'
'While lower steel prices may impact a part of the quarter, this will be offset by softer raw material prices.'
Many CEOs said they plan to give special leave to women employees so as to encourage their participation in the workforce.
'It's an open secret that the UK business is structurally not in a great place.'
Kolkata trams -- now in their 150th year -- are the last to survive modernity in Indian cities, writes Ishita Ayan Dutt.
Last year, HPL posted losses of around Rs 960 crore (Rs 9.6 billion) on revenues of Rs 8,662 crore (Rs 86.62 billion).
Mamata Banerjee and Singur share a history that dates back to 2006.
City of Joy singing blues as Didi celebrates one year in office at Writers' Building. Ishita Ayan Dutt reports
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.
Trinamool's break with the Congress is encouraging the Left in Bengal to finally bestir itself. But it may be relying too much on the Trinamool's weaknesses rather than its own strengths, writes Ishita Ayan Dutt
The Saffron Brand Consultants chairman talks about the perception and reality about Brand India.
Within two days, the business school had 108 recruiters making 370 domestic and international offers, including 23 new final recruiters with an average salary of Rs 25.08 lakh.
A global steel producer is putting up 14-million-tonne capacity, Essar Steel aims to achieve a global capacity of 20-25 mt.
White-lipped tamarin is a type of monkey that lives in the Amazon area of Brazil and Bolivia. Prevost's squirrel is a colourful species from the forests in the Thai-Malay Peninsula and nearby islands. Sugar gliders are tiny marsupials - 6.3 to 8.3 inches in length - native to Australia.
'In India, mega projects in any sector face initial hurdles. That's a reality for all companies or sectors. We need to have the tenacity and perseverance, which we have,' says Koushik Chatterjee, CFO, Tata Steel.
A hotel in 1975, entry into paperboards in 1979, India's dominant cigarette maker, ITC, read the tea - or tobacco - leaves early, leveraged its enterprise strengths and stepped up the diversification agenda to create multiple drivers of growth. Some failed, some faltered, some were transformational, adding steadily to the top line. Now those efforts are making a difference: margins from non-cigarettes - FMCG, hotels, agri, paperboards, paper and packaging - are expanding and profits are kicking in more significantly than ever before.
Not a single opposition party is saying it is against industrialisation and this reinforces our belief that people are not against industrialisation as a concept
After the Trinamool's overwhelming majority in the West Bengal assembly elections last year, the SSC scam has given fresh ammunition to the Bharatiya Janata Party and the Communist Party of India-Marxist. Ishita Ayan Dutt reports.
In the early part of 1800, a 30-acre plot next to Fort Gloster on the banks of river Hooghly in Howrah district of Bengal was the nerve centre of industrial activity; it housed India's first steam-powered cotton mill, Bowreah Mills, which was set up by a British merchant and went on to become a hub of factories - a rum distillery, foundry, cotton yarn factory, an oil mill and a paper mill, et al. Spearheaded by Dwarkanath Tagore, the industrialist grandfather of Rabindranath Tagore, the commercial complex was possibly the first of its kind in the country. Close to 200 years later, after much ebb and flow of history, the hub is set for a resurgence of sorts.
83% of the CEOS plan to hire more in the new year.
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.