The business confidence of India Inc for April-June quarter witnessed the steepest fall in the last three years as the Union Budget did not have any major steps towards reforms, says research firm Dun and Bradstreet.
Indian companies had raised $2.39 billion from foreign markets in May 2015.
The redevelopment of stations is good news for construction companies.
The Crisil study covered 600 companies excluding financial services and oil companies, representing 71 per cent of the overall market capitalisation of India Inc.
There, however, has been an improvement in operating margins.
Embedded redemption premium and 36 per cent depreciation in five years will realise forex losses worth Rs 67.2 billion.
The use of information technology across all hierarchies of an organisation not only increased but also became more sophisticated in the last one year, according to the observations made by a survey.
In fact, the companies have already raised $8.9 billion even before this year-end as against $9 billion raised last year, says Dealogic.
This was reflected in India Inc's lackadaisical attitude towards sensitising employees on fraud prevention.
The first spending item on the chopping block is capital expenditure, followed by operating costs and overheads, including sales and marketing expenses.
Of the total investment announcements, tracked by an Assocham Eco Pulse study during August and September this year, the petroleum sector attracted Rs 53,300 crore (Rs 533 billion) with Indian Oil Corporation and the Reliance Group planning to pump in Rs 43,500 crore (Rs 435 billion) and Rs 8,000 crore (Rs 80 billion) respectively.
.jpg)
The rate cut, the industry chambers argued, could have given a positive signal to the manufacturing sector, which is undergoing difficult times.
Households may be feeling the pinch of higher inflation but corporate India is enjoying record high margins and profits. The combined quarterly net profit of listed companies scaled a new high in the April-June 2023 quarter owing to a sharp rise in operating and net profit. The expansion in margins more than compensated for the slowdown in revenue growth, which slipped into single digits in Q1FY24 after a gap of nine quarters.
'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.'
Foreign banks and private credit funds are queuing up to fund acquisitions by Indian companies who are buying out their local rivals. The Adani Group, Torrent Group, and the Hindujas have approached several foreign banks and private equity (PE) firms to fund their acquisitions. Global investors have about $2 trillion of funds to invest, and about $100 to $150 billion is set aside for India, according to an estimate by JP Morgan.
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.
A group of current and retired faculty members at the Indian Institute of Management-Bangalore (IIM-B) has asked leaders of corporate India to "de-fund" the spread of misinformation and hate speech through news channels and social media.
The industry urged the central bank to consider a rate even before the next monetary policy review on July 30.
More than 61 per cent of women choose non-professional courses.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
Reliance Industries chairman Mukesh Ambani might have made news for purchasing the most expensive beach-side villa in Dubai recently, but he is not the only Indian eyeing the city for investment. Since Dubai allowed foreign investors full ownership in specific sectors in June 2021, a horde of Indian companies have moved or expanded into the desert city. The list even includes a kindergarten, an elementary and middle school, and a hotel that has sought 100 per cent ownership.
The operating margin of India Inc is likely to drop in the December quarter with a 100-120 bps year-on-year decline, as 27/40 sectors are set to see crimped margins despite higher revenue, according to a report. Surging commodity prices and price hikes may help companies report a healthy 16-17 per cent revenue growth to Rs 9.1 lakh crore during the quarter ending December, the Crisil report said on Tuesday. Software major TCS will open the earnings season Wednesday.
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.
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
Industry bodies called for implementation of measures announced in the Budget to arrest inflation, saying these would pave the way for a stable inflation regime.
Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
India needs to be technologically and militarily prepared to defend itself from both Pakistan and China, alerts Ramesh Menon.
Polling for the 288-seat Assembly is being held in a single-phase on Wednesday.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
The Boxing Federation of India (BFI) elections have been put on hold after conflicting orders from the Delhi and Himachal Pradesh High Courts.
The investments were a mix of issuance of guarantees ($2.53 billion), loan ($257.60 million) and of equity ($232.59 million).
72 per cent of the revenue of Indian firms (India Inc) is derived from the domestic / home market - the sixth highest in percentage terms in the emerging market (EM) and the Asian region, said a recent report by Morgan Stanley. The balance, according to the report titled 'Global Exposure Guide 2021' co-authored by analysts led by Jonathan F Garner, their chief Asia and emerging market strategist, is split between the developed markets (DMs) and other EMs. The report is based on an analysis of 3,300 companies globally that have revenue exposure in 17 different regions.
Narendra Modi has earned a ranking of eight out of 10 in an India Inc survey.
Hailing the announcement of Raghuram G Rajan as the new RBI Governor, India Inc on Tuesday said the appointment of the former IMF Chief Economist will help bring the economy back on growth path.
More than 80 executives participated in the survey that was done from April to June this year.
On the profitability front, Crisil foresees a 0.5 per cent basis points y-o-y jump in EBITDA (operating profit) margins in Q2 FY15.
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.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances