Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
US senators have alleged that TikTok, owned by the Chinese Communist Party, has interfered in elections of various countries, including India, and called for extending the deadline for a ban on the platform in the US. They applauded India's ban on the social media platform, citing concerns about Chinese propaganda and data harvesting. Lawmakers, including Democrats and Republicans, introduced legislation to delay the ban by 270 days, arguing it would allow for a more thorough review of the implications and potential alternatives to a ban. They also criticized the rushed nature of the ban and its potential impact on free speech and the livelihoods of American users.
China has cast a long shadow on India's economy.
Indian CEOs might like to make some serious course correction.
The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years
Officers across departments and ministries have been asked to speak to people across sectors for 'SWOT' analysis of issues for revival of the economy.
But industry needs to take up the issue at the highest level, business groups need to set aside their differences and work together, inconceivable as the idea may seem. It would be a pity if the corporate sector were to keep quiet this time.
The Indian industry stands staunchly opposed to job reservations in the private sector, Bharti Group promoter and Confederation of Indian Industry vice-president Sunil Mittal has said as he vowed to fight the move at every fora.
For fast-moving consumer goods, growth is likely to be tepid.
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.
Industry chambers also sought conducive policies for completion of large infrastructure projects in time.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
Modi has often been accused of promoting crony capitalism in Gujarat for his proximity to certain businesses.
"Profitability of companies will be negatively impacted due to rising input prices, as the ability of companies to pass on these hikes to customers is limited. Further, higher interest rate outlook would lead to lower investment, as profitability margins will be reduced," Crisil Ratings Director Pawan Agrawal said over the conference call.
Premiumisation, improving demand aid realisation growth at most large firms
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
Aiyar, who has stoked controversies in the past with his comments, made the remarks at the launch of the book Nehru's First Recruits.
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
India' can't succeed unless it is made easier for people to do business.
India Inc had few tough issues to deal with in 2014.
Clearly not. But to take the case of the Indian airline industry which is in the news, its fleet must be cut by a fifth but it can't do this unless it also has the right to fire workers.
The Nassau County ground's pitch in New York has become a concern in the ongoing T20 World Cup.
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
Maruti Suzuki and other Indian companies are bracing themselves for a slump in demand after a 13-year high inflation triggered fears of curbs on consumer spending and the central bank raising interest rates, thereby hurting India Inc's expansion plans. The annual wholesale price index -- the most watched index in the country to gauge rising prices -- rose to 11.05 per cent in the last 12 months ending June 7.
The general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on their toes.
In a recent awards event, industrialist Rahul Bajaj said that India Inc was afraid of criticising the Narendra Modi government, The comment drew flak from Finance Minister Nirmala Sitharam who said spreading one's own impression "can hurt national interest".
Tesla Inc, the world's largest electric car producer, is looking to make a significant investment in India, said its chief Elon Musk, who saw India as holding more promise than any other large country around the globe. Musk, after meeting Prime Minister Narendra Modi, said he plans to visit India in 2024. "I am confident that Tesla will be in India and we will do so as soon as humanly possible," Musk told reporters after the meeting.
'A close relationship between India Inc and the government cannot help the BJP win elections.' 'While Opposition parties may feel good about Mr Bajaj criticising the Modi regime, the BJP should be seeing the indictment as a political boon,' says A K Bhattacharya.
The Congress now knows that it is the only force -- however weakened it might be -- that stands between the BJP and India's evolution into a single-party Republic. Because, once it is out of the way, the BJP could sort out the other regional powers: Co-opting some, demolishing others, asserts Shekhar Gupta.
In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.
'We remain positive on technology, private sector financials, gas, infrastructure, and export-oriented plays.'
NIIT Technologies continues to show resilience despite the weakness in the West. The tier-2 IT services company reported sustained order flows and employee utilisation as well as moderate attrition rates for the June 2012 quarter. CEO Arvind Thakur about how they are surviving the slowdown.
In its complaint against Shah, the Congress told the EC that the home minister claimed in a speech in Chhattisgarh's Rajnandgaon on October 16 that "...Bhupesh Baghel's government, for appeasement politics and vote bank politics, lynched Chhattisgarh's son Bhuneshwar Sahoo and got him killed..."
Many analysts find market expensive, even at current levels.
'If you are going to have only a handful of telecom players on whom the entire dream of Digital India rests, it's important they are financially sustainable.'
As per the plea, the image of eggs shown in the augmented reality game appear in places of worship of different religious groups.