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.
Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Should NOTA ever get the maximum number of votes (which makes it the 'winner'), then a re-election should be held and all the candidates should be disqualified.'
Vivek Mahajan (Head - Research) Aditya Birla Money, analysed the slow IIP growth.
Last year, the software giant launched a cloud adoption programme for SMBs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The meeting will focus on how to make the crisis an opportunity for India.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
IIM-Trichy has seen a dip in the number of offers per recruiter. IIM-Udaipur is yet to place 20 of its 144 students.
His father is a former finance minister. His brother is a minister in the Modi government. But Sumant Sinha wants nothing to do with politics and tells Shreya Jai why he is bullish on the renewable energy sector.
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
Seven students were made international offers.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
Jhunjhunwala passed away early on Sunday morning due to a cardiac arrest, a source in his newly set up airline said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sensex rises, snapping two-session losing streak; banks, auto gain.
In August, RBI allowed 11 business houses to start a payments bank.
'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
Ad rates on regular days are less than half, media planners said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India's cash-rich promoters are not the same as the wealthiest. For example, Mukesh Ambani is the richest Indian based on his stake in Reliance Industries, followed by Premji, the Adani family of the Adani group, and Radhakishan Damani of Avenue Supermarts.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern finance and banking passes into the ages.
Jaitley's Budget has the potential to change the face of Modi's Bharat
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
Bandhan Bank is the first bank to be launched in eastern India post Independence.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With the objective of making the country a manufacturing hub for domestic and foreign companies, Prime Minister Narendra Modi is launching the NDA government's "Make in India" campaign today.
Hindalco has done very well with Rs 900 crore (Rs 9 billion) of ebidta in June quarter.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
Additional levy to eat into Rs 6,000-crore income of top promoters
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
12,000: Number of people Flipkart plans to hire in FY15.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
