The meeting will focus on how to make the crisis an opportunity for India.
Recovery from the second wave of the pandemic in April-May is expected to be swifter as compared to the first wave in 2020, according to the Confederation of Indian Industries (CII) chief executive officers (CEOs) poll of 119 top corporate. During the second wave, the lockdowns were largely designed to limit social gatherings and impact on economic activities was restricted. This helped arrest the impact of the second wave on economic growth, according to a survey conducted by the industry lobby group Confederation of Indian Industries (CII). About 59 per cent of the CEOs polled expect the recovery in sales to be better than in the first wave for their companies, while 46 per cent of them expressed a similar trend for their respective industry sectors.
Many members of ministry panel give dissent note on clause; no clarity yet on whether it will apply to existing shares or new ones.
A vast majority of the business leaders believe that the Production Linked Incentive (PLI) schemes have been beneficial and expect an extension to other sectors in the coming years, a Deloitte Survey said on Friday. An overwhelming number of survey respondents hope the budget will fuel growth across industries by building strong domestic demand and focussing on capital expenditure and believe that it would define the 'Amrit Kaal'. "Critical to this growth will be the pace of capital expenditure, infrastructure development, and the need to boost infrastructure financing through private partnership. 60 per cent of respondents suggested raising funds through Indian Government Bonds," the survey said.
'Netflix, Amazon Prime Video, Crunchyroll, and Disney+ Hotstar are continuously expanding their Anime libraries.'
The Enforcement Directorate on Tuesday said it had filed a chargesheet on April 9 in a money laundering case related to the National Herald newspaper. Apart from Sonia and Rahul Gandhi, the chargesheet also names senior Congress leaders Sam Pitroda and Suman Dubey as co-accused.
Too many corporate leaders cherish the crown of indispensability.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Expressing serious concerns over the current account deficit touching a record 4.8 per cent in 2012-13, India Inc on Thursday asked the government to take all policy measures, including boosting exports and foreign exchange inflows to bring down CAD.
While praising the internship scheme announced in the Budget, India Inc wants clarity on how it will be implemented. The scheme is expected to help companies address the skill gap in employment. Dheeraj Hinduja, chairman, auto major Ashok Leyland, said: "We had started an internship programme at our plant in Pantnagar, which we established in 2010 with colleges there.
Corporate India lags the rest of its Western and Asian peers by a wide margin when it comes to the presence of women on their boards, with just 17.3 per cent of the large companies having them on their key decision making bodies, an international report said on Tuesday. However, this is a near 6 percentage points improvement between 2015 -- when it was only 11.4 per cent -- and 2021, Swiss brokerage Credit Suisse said in the report, which covered over 33,000 executives from more than 3,000 companies across 46 countries, including over 1,440 firms across 12 Asia-Pacific markets. Female representation on boards of large Indian companies has increased by 5.9 percentage points from 11.4 per cent in 2015 to 17.3 per cent in 2021.
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
'Birla only made representations to then PM for coal blocks allocation.'
The Pricol and Graziono cases are extreme ones, but there has been a steady rise in the number of worker disputes.
While companies have not launched too many products in rural areas of late, easy financing has helped push up demand.
Tharoor had earlier criticised India's stance when Russia attacked Ukraine and called for condemnation of the aggression.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
US President Donald Trump on Tuesday wooed Indian industry leaders to invest more in America, promising to reduce more regulations in his country as he looked for overseas investment to boost the economy there. Speaking at a high-profile CEO round-table which included captains of the Indian industry such as Reliance Industries chairman Mukesh Ambani, Mahindra group chairman Anand Mahindra, Tata Sons chairman N Chandrasekaran and Aditya Birla group chairman Kumar Mangalam Birla, Trump reassured that regulations "will only get better" for investment in the US.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
The US provides large investment opportunities for Indian companies in software, IT services, gas exploration
Prime Minister Narendra Modi urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around $3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years.
'While most companies were bullish before the second wave of double-digit sales growth in FY22, that may not be the case now.'
Top leaders of the two parties are campaigning in Jharkhand and Maharashtra for the ongoing assembly polls in the two states.
Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.
What do we need more of: Leaders who dominate global institutions or local leaders with a 'Make-in- India' mindset?
Congress legislators continued their sit-in protest inside the assembly while the party held protests at all district headquarters on Saturday against the suspension of six party MLAs.
Corporate honchos on Wednesday expressed confidence that Manmohan Singh as prime minister would take the economic reforms, initiated by him in 1991, to their logical conclusion.\n\n\n\n
Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.
Partnership between Israel and India is doing wonders, the visiting prime minister tells business leaders.
Amid charges for flouting environment laws by some influential business houses, Prime Minister Manmohan Singh on Tuesday said there was a perceived 'ethical deficit' among some corporates which need to follow fair means in their pursuit.
Companies will have to build data base of their employees, including their religion, to enable the government implement minority welfare programmes under the oversight of the Equal Opportunity Commission.
'We are getting to understand the mind of this generation.' 'Minor tweaks are being made to ease the process as we go along.'
The Salary Budget Planning report released by Willis Towers Watson said the median salary increase at the executive level for 2020 is projected at 10.1%, an increase from 9.6 per cent in the previous year.
Bharat Ram, Chairman Emeritus of DCM Ltd, will be remembered as a leader who successfully forged partnerships between private sector and the government besides bringing international recognition to Indian business.
Around 41 per cent of these companies saw such instances, compared to the global average of 29 per cent. India's number is higher than other countries such as the United States (26 per cent), the United Kingdom (32 per cent) and Japan (27 per cent). It is also worse than other emerging markets. China had 39 per cent of firms affected by data theft. It was 19 per cent and 16 per cent for Brazil and Russia, respectively.
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