News for 'INC India'

Why India Inc is opting for long-term borrowing

Why India Inc is opting for long-term borrowing

Rediff.com16 Jan 2025

With short-term rates firming up due to tight liquidity conditions, Indian corporates are opting to borrow long term to take advantage of the attractive rates by locking them in these uncertain times. The banking system has a liquidity deficit of over Rs 2 trillion. According to market participants, engineering conglomerate Larsen & Toubro (L&T) raised Rs 1,500 crore through 10-year bonds in December 2024.

Can India Inc Absorb 10 Million Interns?

Can India Inc Absorb 10 Million Interns?

Rediff.com14 Aug 2024

'India's top companies currently lack the organisational wherewithal to hire and train 2 million interns annually, given their current scale of operations and existing employee base.'

Paranoid India Inc wants early conclusion of trade pact with US

Paranoid India Inc wants early conclusion of trade pact with US

Rediff.com26 Mar 2025

The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday. They said that the talks for the proposed bilateral trade agreement are going well.

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.

Delhi HC protects Karan Johar's personality rights

Delhi HC protects Karan Johar's personality rights

Rediff.com20 Sep 2025

The Delhi High Court has protected the personality and publicity rights of filmmaker and producer Karan Johar by restraining several websites and platforms from illegally using his name, image and persona for commercial gains.

Apple Boosts Output For iPhone 17 Launch

Apple Boosts Output For iPhone 17 Launch

Rediff.com4 Sep 2025

India has become Apple's main export hub to the US, which consumes over $40 billion worth of iPhones annually.

India, UK trade deal will unlock thousands of jobs

India, UK trade deal will unlock thousands of jobs

Rediff.com24 Jul 2025

India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.

India Inc revenue growth in Q2 likely slowest in 4 years

India Inc revenue growth in Q2 likely slowest in 4 years

Rediff.com25 Oct 2024

The revenue growth of Indian companies for the July-September quarter is estimated to be 5-7 per cent year-on-year (Y-o-Y), marking the slowest growth in 16 quarters, rating agency CRISIL said on Thursday.

India Inc profits crawl as sales stay sluggish

India Inc profits crawl as sales stay sluggish

Rediff.com24 Feb 2025

Corporate India's struggle with subdued revenue and earnings growth persisted in the October-December quarter of 2024-25 (Q3FY25). The combined net sales (gross interest earnings for lenders) of listed companies grew in single digits for the seventh consecutive quarter, while their combined net profit rose by a single digit for the third straight quarter.

Byju's Founders to Sue Investors

Byju's Founders to Sue Investors

Rediff.com18 Jul 2025

'Byju's founders reserve all rights to bring actions against those parties that have caused damage to them personally and to their businesses.'

India-origin Sabih Khan appointed new COO of Apple

India-origin Sabih Khan appointed new COO of Apple

Rediff.com9 Jul 2025

Apple Inc has named India-origin Sabih Khan as its new Chief Operating Officer (COO), marking a key move in its long-planned leadership transition. Khan, 58, who has been with Apple for 30 years and is currently the senior vice president of operations, will succeed Jeff Williams later this month, the iPhone maker said in a statement.

India Inc holds breath for Trump's new tariffs to kick in

India Inc holds breath for Trump's new tariffs to kick in

Rediff.com27 Feb 2025

Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.

Stocks of domestic-facing firms lag despite tariff-related hedge calls

Stocks of domestic-facing firms lag despite tariff-related hedge calls

Rediff.com1 Sep 2025

To shield against US President Donald Trump's tariff shock, analysts have been advising investors to focus on stocks of domestic-oriented companies, rather than export-centric ones, to minimise potential losses.

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'

'I Won't Wait For Decades To Get Reform Done'

'I Won't Wait For Decades To Get Reform Done'

Rediff.com19 Sep 2025

'That is going to have an impact on literally every one, whether you buy a toothpaste, a safety pin, a car, shoes or medicines or you go to a diagnostic centre.'

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

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.

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Rediff.com11 Jul 2025

India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.

Rahul alleges 'vote theft' in Maha CM's constituency

Rahul alleges 'vote theft' in Maha CM's constituency

Rediff.com25 Jun 2025

Gandhi's remarks came on a day it emerged that the Election Commission has formally written to him on his allegations of rigging in the 2024 Maharashtra polls, saying all polls held by the poll panel strictly as per laws passed by Parliament and rules, and the entire exercise involves thousands of personnel, including booth-level agents appointed by political parties.

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Rediff.com26 Aug 2025

The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.

ONGC Q1 net profit drops 10% on lower oil prices

ONGC Q1 net profit drops 10% on lower oil prices

Rediff.com13 Aug 2025

State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields. The company reported a net profit of Rs 8,024 crore in the first quarter of 2025-26 fiscal year, compared to Rs 8,938 crore earning in the same period last year, a company statement said.

Air India's Crew Killed In Line Of Duty

Air India's Crew Killed In Line Of Duty

Rediff.com13 Jun 2025

All the 12 cabin crew members, including two pilots, on board the ill-fated London-bound Air India flight were killed in the Ahmedabad air crash on Thursday.

Global majors keen to make e-cars in India; Tesla quiet

Global majors keen to make e-cars in India; Tesla quiet

Rediff.com4 Jun 2025

Elon Musk-led Tesla Inc is yet to express interest in India's flagship scheme to attract global investment in electric vehicle (EV) manufacturing, said Union Minister for Heavy Industries H D Kumaraswamy on Monday. In contrast, multiple global automobile giants -- such as Mercedes-Benz, koda Auto Volkswagen, Hyundai Motor, and Kia Motors -- are keen to participate, the minister noted.

Can India Inc outpace global peers in future tech adoption?

Can India Inc outpace global peers in future tech adoption?

Rediff.com9 Jan 2025

Employers in India are planning to outpace global adoption in certain future technologies as companies operating in the country are heavily investing in technologies like artificial intelligence (AI), energy technologies, robotics, and autonomous systems, said the World Economic Forum (WEF) in its latest "Future of Jobs" report released on Wednesday. The report, released days before the WEF annual meeting in Davos from January 20-25, notes that 35 per cent employers in India think that adopting semiconductors and computing technologies (compared to 20 per cent globally) will transform their operations while 21 per cent employers think that adopting quantum and encryption technologies (compared to 12 per cent globally) will also transform their operations.

India Inc sends mixed signals on H2FY25 capex path

India Inc sends mixed signals on H2FY25 capex path

Rediff.com16 Nov 2024

After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March 2025, according to management commentary. Minutes from the October monetary policy meeting show the Reserve Bank of India's (RBI's) optimism about private investments picking up.

Trump's Tariff Give Electronics A Breather

Trump's Tariff Give Electronics A Breather

Rediff.com31 Jul 2025

But the respite may not last long.

India Inc earns fat profits but wages have not kept pace

India Inc earns fat profits but wages have not kept pace

Rediff.com1 Feb 2025

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.

LIC's stock portfolio sees Rs 46,000 cr dent in July

LIC's stock portfolio sees Rs 46,000 cr dent in July

Rediff.com5 Aug 2025

Life Insurance Corporation (LIC) , the country's largest domestic institutional investor (DII), has seen a Rs 46,000 crore erosion in the value of its equity holdings amid market downturns in July. The benchmark indices, Nifty 50 and BSE Sensex, have slipped 2.6 per cent from their June 2025-end level to 24,837 and 81,463.09 respectively.

Factors that will support credit access of India Inc in FY26

Factors that will support credit access of India Inc in FY26

Rediff.com13 Jan 2025

Fitch Ratings on Monday said India's steady GDP growth outlook, improved banking sector's financial health and expected interest-rate cuts in 2025 will support credit access for corporates in FY26.

This will Likely Shape the Future of Pharma Inc

This will Likely Shape the Future of Pharma Inc

Rediff.com8 Mar 2025

Indian pharmaceutical companies may have units abroad as part of "distributed manufacturing" across various locations, according to industry veterans. This may come about over the next five to 10 years.

US sanctions Indian companies over Iran oil trade

US sanctions Indian companies over Iran oil trade

Rediff.com31 Jul 2025

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.

Hospitals Boost IT Spend to Fight Cyber Threats

Hospitals Boost IT Spend to Fight Cyber Threats

Rediff.com20 Jun 2025

The growing caution among hospitals is being driven by a rise in double-extortion ransomware attacks, AI-enabled phishing, deepfake fraud, and vulnerabilities in connected medical devices.

What India Inc Expects From Modi 3.0

What India Inc Expects From Modi 3.0

Rediff.com7 Jun 2024

'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'

India to send multi-party delegations for diplomatic outreach

India to send multi-party delegations for diplomatic outreach

Rediff.com16 May 2025

The diplomatic exercise aimed at presenting India's stance against Pakistan on terror comes in the wake of Operation Sindoor -- the Indian offensive against terror camps in Pakistan and Pakistan-occupied Kashmir following the April 22 terror attack in Pahalgam in which 26 people, mostly tourists, were killed.

Budget 2024: What India Inc wants from Nirmalaji

Budget 2024: What India Inc wants from Nirmalaji

Rediff.com20 Jun 2024

India Inc on Thursday pitched for lowering income tax burden on common man, increase in capital expenditure, and firm steps to contain food inflation in their nearly two-hour long interaction with finance minister Nirmala Shitharaman ahead of the Union Budget. During pre-Budget consultation with Sitharaman, the industry leaders and associations also urged the government to focus more on infrastructure development with a view to maintaining the economic growth momentum. The industry leaders also laid stress on boosting the MSME (micro, small, and medium enterprises) sector, considered a backbone of the Indian economy and main employment generator.

Congress to Challenge Waqf Bill in Supreme Court 'very soon'

Congress to Challenge Waqf Bill in Supreme Court 'very soon'

Rediff.com4 Apr 2025

The Congress party announced its intention to challenge the constitutionality of the recently passed Wakf (Amendment) Bill, 2024 in the Supreme Court. AICC general secretary Jairam Ramesh stated that the party will "very soon" file a petition, citing concerns about the bill's impact on constitutional principles. Ramesh highlighted the Congress's ongoing legal challenges against other legislation, including the Citizenship Amendment Act (CAA), amendments to the Right to Information (RTI) Act, and changes to the Conduct of Election Rules. He emphasized the party's commitment to defending the Constitution's principles, provisions, and practices.

Boxing Federation of India's elections 'paused'

Boxing Federation of India's elections 'paused'

Rediff.com21 Mar 2025

The Boxing Federation of India (BFI) elections have been put on hold after conflicting orders from the Delhi and Himachal Pradesh High Courts.

Operation Sindoor outreach: Congress names 4, no Tharoor

Operation Sindoor outreach: Congress names 4, no Tharoor

Rediff.com17 May 2025

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.

'Cong office in Turkiye' claim: HC stays cases against Malviya, Arnab

'Cong office in Turkiye' claim: HC stays cases against Malviya, Arnab

Rediff.com23 May 2025

The Karnataka high court has granted an interim stay on criminal proceedings initiated against Bharatiya Janata Party leader Amit Malviya and Republic TV's Editor-in-Chief Arnab Goswami, in connection with allegations of spreading false claims that the Indian National Congress (INC) operates an office in Istanbul, Turkiye.

'Whole World Is Under A Cloud Of Uncertainty'

'Whole World Is Under A Cloud Of Uncertainty'

Rediff.com30 May 2025

The CII Business Summit 2025's inaugural session witnessed a rousing standing ovation and a felicitation ceremony for the defence top brass sending a strong message about India's rising military industrial complex and hghlghting that security is a top-of-the-mind issue for India Inc.

PayPal receives RBI nod to operate as cross-border payment aggregator

PayPal receives RBI nod to operate as cross-border payment aggregator

Rediff.com28 May 2025

PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregatorross Borderxports (PA-CB-E). This marks a key milestone in PayPal's operations in India and its continued support for Indian small businesses, enabling secure cross-border payments to approximately 200 markets, the company said in a statement.