One key provision is the taxation of indirect transfers when shares of foreign entities change hands.
'Birla only made representations to then PM for coal blocks allocation.'
Companies feel higher rates in India would not be justified.
After dishing out a slew of incentives for foreign investors, France is now aggressively trying to woo the Indian corporate and holding talks with bigwigs like the Tatas, Reliance, Godrej and Mahindra and Mahindra.
Take part in the growth story, Amit A Shah tells Corporate India.
A UK government-funded organization British Midland, dedicated to attracting international businesses to the region comprising East Midlands and West Midlands, is eyeing around 40 investors from India across various sectors in the next three years.
In 2023, the share of US electronics imports from India was a mere 1.9 per cent of the $520 billion they imported, while the total Indian electronics exports to the US was pegged at only $10 billion.
A symbol of self-reliance, India's space endeavours are a model for public-private partnership.
A weak rupee, though seemingly good for exporters, would push up input cost further for Indian companies.
Besides business skills, leadership needs to be steeped in the culture of the company and aligned to its goals.
Firms to find alternative export routes or face increased trade barriers
'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'
Indian businessmen and executives may not yet be the most meticulous executioners of management principles in the world. But when it comes to keeping the Gods and lady luck happy, they leave no stone unturned.
Experts say that until the market bounces back to a respectable level and creates confidence among investors, who could look forward to some price appreciation, IPOs will not be successful.
Mid- and small-cap companies seem to have done better than top-tier companies
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Firms with low promoter holding may get to buy shares from secondary market.
Companies that have a net worth of at least Rs 500 crore, a turnover of Rs 1,000 crore or a net profit of Rs 5 crore are required to spend 2 per cent of their net profits on corporate social responsibility programmes.
Between 2007-08 and 2017-18, the number of countries they imported steam coal from has increased from six to 12.
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
A statement issued by the parliamentary affairs ministry earlier on Saturday said the all-party delegations will project India's national consensus and resolute approach to combating terrorism in all forms and manifestations.
Rs 35,000 crore investment to increase capacity by 75%.
Local banks no match for foreign peers in global reach and better services.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
The corporate healthcare segment may replicate the success of the Indian IT sector, say experts.
Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.
India Inc is encouraged by a determined Budget.
June indicates a change in trend from previous quarters in terms of how much companies are spending on employees. The worst hit sectors included steel, air transport service and automobile firms.
The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide.
Corporate India's credit quality showed a sharp improvement in the second half of FY22, but high input prices and withdrawal of pandemic-related relief measures can pose pressures in the new year, rating agencies said on Friday. Crisil Ratings, which rates a large number of financial sector entities, reported an improvement in the credit ratio -- the number of upgrades to downgrade -- to 5.04 times in the second half of this financial year, from the 2.96 per cent in the first half of the fiscal. It attributed the improvement to a sustained rebound in demand, which lifted revenues of most sectors to pre-pandemic levels and proactive relief measures by the government that cushioned the pandemic blow.
As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral". In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated. After annualized growth of 25 per cent in recent years, profits appear to have softened while valuations are elevated at 23x forward earnings.
In a survey, four out of five companies forecast an increase in hiring over the next six months.
With more favourable view on Indian economy and business environment under the Narendra Modi government, the risk premium for Indian papers began to climb down.
The NITI Aayog's vice-chairman's charge holds ground.
Highlighting the special incentives offered to meetings, incentives, conferences and exhibition travellers, Sri Lankan Airlines on Thursday said it would target Indian corporates to increase MICE traffic to the island nation.
