The COVID-19 pandemic and the ensuing lockdown may have put the best of funds on a backfoot of deal activity, RIL, however, has been an outlier. With 10 different investors brought in for its telecom venture Jio Platforms, RIL undertook 12 different transactions since April this year.
Automobile industry in India is going through a long-term structural slowdown as the compound annual growth rate (CAGR) across all major vehicle segments has witnessed a decline over the last three decades, as per industry body SIAM. The auto industry has been facing headwinds even before the COVID-19 pandemic derailed the entire sector last year, a research conducted by the Society of Indian Automobile Manufacturers (SIAM) has revealed. The study clearly shows that the pandemic is not the only reason for the auto sector slowdown, which is facing deeper structural issues that need attention, the industry body noted.
Gautambhai has shown that he has ability to withstand payment delays or vexatious court cases. That is where he is on a more comfortable wicket than many others. A revealing excerpt from R N Bhaskar's Gautam Adani: Reimagining Business in India and the World.
Imports, however, were higher at $350.69 billion, despite growing at a lower pace of 21.6 per cent amid increasing crude oil prices.
Naveen Jindal, Chairman and Managing Director of Jindal Steel and Power Ltd (JSPL), has topped the executive pay charts for listed companies in India.
CAD of a country represents the difference between inflows and outflows of foreign currency.
Indian companies, like their Western counterparts, are becoming more global with mergers and acquisitions.
Food inflation, which remains remarkably high at over 12 per cent, could be tamed through innovative agriculture business models, a KPMG report said.
Union Budget 2012-13 has hiked the cess on crude petroleum oil produced in India from Rs 2,500 per tonne to Rs 4,500 per tonne. This is highly negative for upstream companies producing crude oil because the companies have to absorb the hike in cess as crude oil prices are priced based on the landed cost of imports.
It has posted losses in four consecutive quarters as higher operating costs wiped out revenue gains.
HCL Infosystems has emerged as the best employer among IT companies in India.
In line with the industry expectations, the government has indicated that it is actively considering extension of the NBS regime to cover urea.
The company, which claims to be the world's number one air-conditioning firm in terms of revenue, with earnings of 940 billion yen in FY2010-11, said it has identified India as one of its most important strategic markets for the next five years to sustain the growth momentum.
Elaborating on the reasons behind the expected slowdown in the country's economic growth, the multilateral lending agency said it 'stems from a moderation in domestic demand, as elevated inflationary pressures have cut into disposable incomes and household spending'.
Executive take-homes touched a new peak, fuelled by companies' hunt for star talent.
Per capita income in India has doubled between 2004-05 and 2010-11 to touch Rs 54,835 per annum. The PCI figure gives a fair idea of the standard of living of the people. India's per capita income in 2009-10 was Rs 46,492.
As finance minister Pranab Mukherjee gets ready to present the much anticipated budget for financial year (FY) 2010-11 on February 26, we tell you what you ought to know about the Union budget.
Finding the right way to save taxes requires a great deal of planning. Here's a helping hand.
EPFO's suggestion to hike interest on EPF is with Finance Ministry. What it means for you...
A weaker pound and robust economies at home have made Asians the largest investors in Central London's real estate market, a global property consultancy firm, Knight Frank said recently.
Nashik-based Sula Vineyards, a leading premium wine brand company in the country, has now diversified into hospitality industry.
According to the study, the corporate space would witness a gradual but sure advent of aggressive hiring in the first quarter of FY 2010-11.
IT companies are dependant on headcount for their revenues and fringe benefits forms a part of the compensation payable to employees.
The United States Citizenship and Immigration Services (USCIS) will begin accepting H-1B visa petitions for the fiscal year 2010 from Wednesday, April 1, 2009. Read on to find out all you wanted to know about H-1B visas.
In the last five years of NDA rule, 2018-2019 was the worst for exporters.
The National Highways Authority of India will this year witness the highest ever growth out of the last decade. But Gadkari himself admits his biggest failure as India's roads minister has been his inability to curb loss of life in road accidents.
But the Robert Vadra firm, which held luxury apartments in top DLF projects, sees income and profits dry up since FY11.
In this industry, a company's strategy needs to be adaptable in order to keep up with the pace of change.