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.
Smartphones, for the first time, emerged as India's largest individual export commodity by value over 10 months of any financial year, during the April-January period of FY25, based on harmonised system (HS) codes. During the period under review, smartphone exports from India reached $18.31 billion, according to data from the Department of Commerce, surpassing automotive diesel fuel exports, which stood at $16.04 billion.
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.
Suresh Prabhu has announced a slew of measures to improve servcies in trains and railway stations
The one-time restructuring of loans will help every firm and prevent cost-cutting measures such as lay-offs.
India Inc raised Rs 47,720 crore (Rs 477.20 billion) through various debt instruments during the first six months of the fiscal 2004-05 even as central public sector undertakings lagged behind the private sector and state-level undertakings in the re
Overall business confidence index is at 6-quarter high: Ficci survey
Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Corporate India is indicating cautious hiring in the March quarter of 2023 as concerns rise over possible recession and steady inflation, a survey said on Thursday. According to the ManpowerGroup Employment Outlook Survey, based on interviews with nearly 3,030 public and private employers, hiring intentions will decrease in the quarter both on year-on-year and quarter-on-quarter basis. During the quarter, 48 per cent employers expect to increase their staffing levels, 16 per cent anticipate a decrease in hiring intent and 34 per cent do not anticipate any change in hiring, resulting in a net employment outlook of 32 per cent.
The capital raised by Indian companies in the 2010 calendar year was over one-third more than the Rs 1,50,000-crore (Rs 1,500-billion) mop-up in the previous year and was a beacon of hope in a global economy that has been witnessing turbulence on account of the poor health of Western economies.
As the Modi government enters the fourth year of its tenure, it is looking more confident, shedding its earlier inhibitions about offering sops or new opportunities to big business, says A K Bhattacharya.
While asking firms not to worry about sharp volatility in prices, Birla said companies must make sure they do not get caught in 'comorbidities'.
If we basically expect the government to use taxpayers' money to intervene every time when there are some 'sunsets,' then I think you introduce possible moral hazards: Subramanian.
Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. The combined net profit (adjusted for exceptional gains and losses) of 175 early-reporting companies rose by 3.8 per cent year-on-year (Y-o-Y) in Q4FY25, marking the slowest growth in 17 quarters.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Fraud is a big concern among many board members.
India Inc raised $2.78 billion from overseas markets in October this year, up 44 per cent from a year ago, according to the Reserve Bank data released on Friday.
'Instead of making this a four-year phenomenon, when you look at us and get thrilled, do it more regularly.'
Welcoming the UK government's move to scrap the controversial 3,000-pound visa bond scheme, India Inc on Tuesday said this would further help in boosting trade and investments between the countries.
There has been a sharp recovery in the headline corporate earnings in the April-June 2023 quarter (Q1FY24), after a dismal showing by early bird companies. The combined net profit of the 983 listed companies that have declared their quarterly results, so far, was up 64.7 per cent year-on-year to record a high of Rs 2.68 trillion in the first quarter, but growth in earnings remained lopsided because most of the incremental gains came from a handful of companies. Moreover, the quarterly numbers showed a continued slowdown in revenue growth.
The total number of M&A deals during the first eight months of this year stood at 346, with an announced value of $22.74 billion as against 456 deals amounting to $48.23 billion in the corresponding period in 2007, according to the data compiled by Grant Thornton. There was an increase in high-value deals in August.
India Inc on Friday said the hike in railway passenger and freight fares will help in resource mobilisation, hoping that the higher fares will lead to better quality and safety of services offered by the Indian Railways, while asking the government to allow FDI in Railways.
The companies stayed cautious about making fresh commitments and about 46 per cent saw no change in investment levels.
The rupee has depreciated by 0.95 per cent in two days.
It is the six per cent target RBI is more concerned about.
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The Companies Bill asked for promoting gender diversity by specifying induction of a minimum number of women directors
As many as 58 companies raised money from automatic route and 8 firms raised via approval route.
MakeMyTrip, RBL Bank, Inox wind and IRCTC are among the firms that have made it to the Fortune Next 500 list of Indian companies.
With crude and commodity prices ebbing and the twin deficits under check, the Reserve Bank should have cut the key policy rate to push investments and boost economic growth, India Inc said.
Majority of respondents feel that the government in the forthcoming Budget will increase the standard deduction and give more incentives for housing loans.
India and China are the only two countries who have reported a slight dip in pay hike.
Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.
According to assurance, tax and advisory firm Grant Thornton, corporates in the country announced 458 deals in the January-November period amounting to $26.76 billion.
India Inc on Thursday rallied behind the Army's move to conduct surgical strikes on terror launch pads across the Line of Control and said it was the time to act tough while ruling out any negative impact on the country's economy and trade.
Introduction of GST would make Indian products competitive in the domestic and international markets.
55% of respondents still unsure if their employer has a specific anti-graft policy.
India Inc's net profit has slowed down to 15 per cent in the September quarter so far compared to a 16.8 per cent rise in the same period last fiscal due to the ongoing economic slowdown, industry body Assocham said.
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