Page 28 - Companies
Best of BS Opinion: Gaps in tax reform, mapping recovery, and more
Here are the best of Business Standard's opinion pieces for Monday
 "Best of BS Opinion: Gaps in tax reform, mapping recovery, and more")
Playing field: India's toy story needs govt strongly backing the game
80% toys still imported, mostly from China; local industry suffers from lack of scale and innovation
 "Playing field: India's toy story needs govt strongly backing the game")
Brazen gaming of bankruptcy process on
According to the data from the Insolvency and Bankruptcy Board of India (IBBI), in over 363 major NCLT resolutions since 2017, banks have taken an average loss of 80 per cent
As work from home deepens …
… are far-reaching social changes coming with it?
Mitsubishi Electric CEO to quit over long-running data deceit
Japan's economy and trade minister, Hiroshi Kajiyama, said earlier that the government would act if it found that Mitsubishi had broken any laws or regulations.
 "Mitsubishi Electric CEO to quit over long-running data deceit")
Lunch with BS: Meet Marjet Andriesse, the head that wears the hat
The number of women in leadership roles in tech companies has gone up since she started out 30 years ago but it is still small, Andriesse tells Samreen Ahmad
 "Lunch with BS: Meet Marjet Andriesse, the head that wears the hat")
Federal Soft Systems announces appointment of Kishore Kumar Yedam as CEO
Federal Soft Systems announces welcoming of Kishore Kumar Yedam on board as the new CEO to support the organization's future growth
 "Federal Soft Systems announces appointment of Kishore Kumar Yedam as CEO")
Averse bankers, willing RBI push companies towards the bond market
The corporate bond market is still dominated by financial companies, but non-financial companies have marked their presence in the past one year
 "Averse bankers, willing RBI push companies towards the bond market")
Let's step back from the NPA Scare
Regulators and agencies need to instil less fear in lenders, so that they are able to actively restructure debts
 "Let's step back from the NPA Scare")
Reliance Industries: Key financial ratios fall to three-decade low in FY21
On a consolidated basis, firm's RoCE declined to 7.8% in the fiscal
 "Reliance Industries: Key financial ratios fall to three-decade low in FY21")
Creating 'Me Inc'
Book review of Control the Narrative: The Executive's Guide to Building, Pivoting and Repairing Your Reputation
 "Creating 'Me Inc'")
Apollo Hospitals Enterprise posts Rs 169-cr net profit for Mar quarter
Healthcare chain Apollo Hospitals Enterprise Ltd on Wednesday reported a consolidated net profit of Rs 169.89 crore for the fourth quarter ended March 31, 2021. The company, which posted a consolidated net profit of Rs 209.60 crore in the corresponding quarter of the previous fiscal, also announced a re-organisation with the formation Apollo HealthCo, with the aim of "creating India's largest omni-channel healthcare platform". Consolidated revenue from operations in the fourth quarter stood at Rs 2,867.95 crore in the quarter under review. It was Rs 2,922.43 crore in the year-ago period, Apollo Hospitals Enterprise Ltd (AHEL) said in a regulatory filing. For the fiscal ended March 31, 2021, the company said its consolidated net profit stood at Rs 136.77 crore. It was at Rs 431.80 crore in FY20. Consolidated revenue from operations for FY21 was at Rs 10,560.01 crore. It was at Rs 11,246.80 crore in FY20, the filing said. The company said the divestment of its front-end retail pharm
 "Apollo Hospitals Enterprise posts Rs 169-cr net profit for Mar quarter")
Applyboard to leverage $300-mn funding to expand India operations
Applyboard has raised $300 million at an enterprise valuation of $3.2 billion led by Ontario Teachers' Pension Plan Board through its Teachers' Innovation Platform in the latest funding round
 "Applyboard to leverage $300-mn funding to expand India operations")
OVL-led consortium asks Iran for 30% share in Farzad B discovery
The company has written to the Iranian authority asking it to share the agreed technical proposal and contractual terms, and conditions for development
 "OVL-led consortium asks Iran for 30% share in Farzad B discovery")
Manipal Group chief, Rohan Ajila launch consumer-sector focused SPAC in US
GCAC raised this week $170 million in an initial public offering listed in NASDAQ.
 "Manipal Group chief, Rohan Ajila launch consumer-sector focused SPAC in US")
Young workers want to return to offices to save their careers in pandemic
This workforce says the coronavirus has left them under-informed and cut off from their teams.
 "Young workers want to return to offices to save their careers in pandemic")
Covid-19 drugs portfolio boost domestic sales of companies in FY21
Chronic therapy areas like cardiac and anti-diabetic have maintained their growth rates during FY21 despite a washout in the first quarter
 "Covid-19 drugs portfolio boost domestic sales of companies in FY21")
60% companies looking to hire talent for new positions this year: Survey
60% companies looking to hire talent for new positions this year: Survey
 "60% companies looking to hire talent for new positions this year: Survey")
Seal a tax deal
Minimum global corporate tax rate solves many problems
 "Seal a tax deal")
NIIT inducts promoters' children Udai Pawar, Leher Thadani to board
The appointments shall be effective from the date of approval by shareholders at the forthcoming AGM
 "NIIT inducts promoters' children Udai Pawar, Leher Thadani to board")
