Page 10 - India Inc

Investment activity hits historic low in FY21 amid Covid-19 pandemic

This is because of the lockdown in Q1; sharp pick-up in Q4 may not sustain, say experts

India's second Covid-19 wave rattles business confidence: Survey

India is set to announce gross domestic product data for the January-to-March quarter on Monday.

Second Covid-19 wave impact manageable for most of India Inc: Fitch

'Weaker domestic demand is a key channel of risk transmission for businesses. However, lockdowns in 2021 have been less stringent,' says the rating agency

Top headlines: OMCs pay high excise; CoalMin aims for asset monetisation

Lavasa Corporation bankruptcy proceedings terminated by lenders to Corporate profits to GDP ratio at 10 years high. Top news this morning.

Corporate profit to GDP ratio hits 10-year high of 2.63% in FY21

India Inc's combined net profit was up 57.6% to Rs 5.31 trillion in FY21

Another data breach

Air India's delay in informing customers is inexplicable

Visible Covid & market rally, invisible growth

The market rally is visible, as is the horrendous impact of Covid 19. What is invisible is earnings growth

Boards of Nifty 500 companies have grown smaller over time: IiAS report

Shrinkage cuts across MNCs, PSUs, institutionally-controlled firms and widely held ones; Drop in independent directors, largely led by public sector companies, is a key reason

India Inc's profit-to-GDP at 4-year high of 2.6% in FY21 despite pandemic

ICICI Securities says impact of GDP weakness felt more by unorganised sector

India Inc's foreign investment jumps over two-folds to $2.51 bn in Apr'21

India Inc's foreign investment in the first month of this current fiscal jumped by more than two-times year-on-year to USD 2.51 billion, data from the Reserve Bank showed on Monday. Indian investors had committed USD 1.21 billion worth of outward foreign direct investment (OFDI) in April 2020. Of the total commitment of USD 2.51 billion in April this year by the Indian company owners, USD 1.75 billion was in the form of loan, USD 421.42 million as equity capital and USD 333.11 million was chipped in through issuance of guarantee, showed the RBI data on OFDI for the month of April 2021. In March 2021, Indian firms made investment of over 1.99 billion in their overseas ventures. Among the major investors, Tata Steel invested USD 1 billion in its wholly owned subsidiary in Singapore, Interglobe Enterprises Pvt Ltd invested USD 145.61 million in a joint venture based in the UK and Reliance Industrial Investments & Holdings Ltd committed USD 78.52 million in a fully owned unit in the ..

Second Covid-19 surge will drag earnings recovery for India Inc: Moody's

Automobile, housing sales to be hit; drop in fuel demand seen; Steel firms to see limited impact on output despite O2 diversion

Losing steam

Second wave could derail strong corporate recovery

Best of BS Opinion: Herbs need good marketing, second Covid-19 wave & more

Here are the best of Business Standard's opinion pieces for Monday

Boardroom bonanza: Dividend payout up 9% as India Inc sees recovery

All 268 early-bird firms in surveyed sample may pay a total of Rs 1.16 trillion

Tauktae: Restore power since oxygen supply is at stake, says India Inc

Representatives of major industry associations and chambers of commerce also asked for real-time information about the cyclone and its trajectory

'Promoter' vs 'person in control': How will Sebi's new proposal play out?

The rationale behind replacing the concept of "promoter" with "person in control" is to absolve entities, which, in real­ity, don't have any control over a company

Opportunity for India Inc to take forward cover widens as rupee strengthens

Many mid-sized firms don't take proper forward cover, exposing themselves to risk; others are going for it as they feel the rupee will weaken again and hit 80 to the dollar

Covid-19 crisis: HCL Tech to HUL, corporate India extends a helping hand

Supports with isolation centres, medical & financial help, friendly leave policies

India Inc's foreign borrowings jump 24% to $9.23 billion in March: RBI data

India Inc's external commercial borrowings jumped by over 24 per cent to $9.23 billion in March this year, RBI data showed

Gujarat: Essar joins Covid fight; sets up 100-bed hospital

The 100-bed centre was virtually inaugurated by the Chief Minister of Gujarat, Vijay Rupani