Ahead of the Budget, India Inc has asked Centre to up divestment target to at least Rs 25,000 crore (Rs 250 billion).
Experts said a future rate cut would depend on the inflation.
India Inc on Saturday cheered the road map for lowering corporate taxation.
Experts say the focus is on preserving liquidity as there is uncertainty over the duration and impact of the 21-day nationwide lockdown imposed to check the spread of COVID-19.
MakeMyTrip, RBL Bank, Inox wind and IRCTC are among the firms that have made it to the Fortune Next 500 list of Indian companies.
'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'
They say that a stimulus package may not be necessary because, unlike last year's total lockdown, public transport, including the railways and airlines, is running and the restrictions on movement are localised and, in some cases, are partial rather than total.
As many as 58 companies raised money from automatic route and 8 firms raised via approval route.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
India continues to rank as the third top source of overall malicious activity including spam, malware, phishing hosts and bots
Encouraged by softening inflation, the RBI on Thursday decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent with a view to boost growth.
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
A total of Rs 52,759 crore has been raised by 61 companies through initial public offers till October this fiscal, higher than the funds mopped up through this route in the last financial year, the government told the Lok Sabha on Monday. Out of the 61 companies that hit the markets till October of the current fiscal, 34 entities were Small and Medium Enterprises (SMEs). Finance Minister Nirmala Sitharaman said that a large number of manufacturing and service sector companies are coming up for listing.
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.
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.
At the annual general meeting (AGM) of Larsen & Toubro (L&T) on Wednesday, shareholders made the usual request to the top management for bonus shares. But this time, the setting was different. The man at the helm, outgoing group chairman AM Naik, 82, was heard assuring shareholders that he would join the chorus soon. There were laughs and chuckles at Naik's playful remark as he addressed the last AGM, nearly six decades after he joined L&T as a junior engineer and some 25 years at the top.
Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.
He lauded the government's 'minimum government and maximum governance' policy.
55% of respondents still unsure if their employer has a specific anti-graft policy.
For debt-laden companies, asset sales is an obvious solution.
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.
The country's largest consumer goods company Hindustan Unilever says it has been able to reduce its water use by regular metering, monitoring and controlling of utilities consumption at all its manufacturing sites
June indicates a change in trend from previous quarters in terms of how much companies are spending on employees. The worst hit sectors included steel, air transport service and automobile firms.
With the threat of a third Covid-19 wave looming large, companies are scrambling to protect employees and keep operations safe--from a no-jab-no-entry-at-workplace policy to ramping up vaccination, it's an all-out effort to prevent the scale of devastation seen in the first two waves. At least two top steel companies--Tata Steel and ArcelorMittal Nippon Steel India (AM/NS India)--are pushing for vaccination certificates for entry into work premises. AM/NS India, a joint venture between world's leading steelmaker, ArcelorMittal, and Japan's Nippon Steel, is set to make vaccination the certificate a requirement from July 1.
Companies announce Rs 768 bn worth investments in Dec quarter versus Rs 1.15 trn in Sep quarter
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
Corporate India handed over an average increment of 8 per cent in 2021, and early estimates reveal that average increment for 2022 is expected to increase to 8.6 per cent in line with a healing economy and improving confidence, according to a Deloitte survey. As per the second phase of Deloitte's Workforce and Increment Trends survey 2021, 92 per cent companies gave an increment in 2021 at an average of 8 per cent, compared with only 4.4 per cent in 2020, where just 60 per cent companies had extended a pay hike. For 2022, average increment is expected to increase to 8.6 per cent, at par with the pre-pandemic levels of 2019, the survey said, adding that about 25 per cent companies surveyed have projected a double-digit increment for 2022.
The RBI had lowered policy rates by 0.50 per cent between January-March to prop up economic growth.
It would pave the way for Jammu and Kashmir to attract large-scale investments, the industry leaders said.
Cheering the rebound in India's economy which grew 5.7 per cent in the April-June quarter, highest in the past two-and-a-half years, India Inc on Friday said it expects the GDP to pick up further on the back of conducive investment policies and execution of reforms by government.
When it comes to key hands-on management positions, India Inc is still largely run by men.
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The Companies Bill asked for promoting gender diversity by specifying induction of a minimum number of women directors
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
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.
A large number of large and small businesses process EU data, have customers from the EU or have access to data of EU citizens in one way or another.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
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