Page 11 - India Inc

Second Covid-19 wave: India Inc steps in as govt falters on health care

Amid a massive surge in Covid patients, companies are coming forward with several innovative initiatives to help people

Large firms can take another 15% rupee drop due to natural hedge: Moody's

Analysing 22 rated Indian firms, Moody's found nearly half of them had dollar revenues or contracts priced in US dollars that protect the local earning

Most Indian companies protected against weakening rupee: Moody's report

Firms' costs in dollar terms might rise as India battles second wave of Covid-19, says agency.

Tech firms, startups gearing up to vaccinate employees after May 1

Healthcare platform PharmEasy says 5 million individuals and 1,200 companies have already made a "soft commitment" to vaccinate themselves and their families

India Inc may have to keep date with filings as Sebi cites partial lockdown

Auditors struggle with Covid, but no extension likely for FY21 earnings reports

India Inc lends a hand to ease shortage and transportation of oxygen

On Friday, Dharmendra Pradhan tweeted that steel units across India had supplied over 143,000 tonnes of liquid medical oxygen till now with steel CPSEs pitching in with 39,000 tonnes

Covid-19 second wave: India Inc lends a hand amid shortage of oxygen

Over the weekend, many companies stepped in to ease the bottleneck in supply and transportation of oxygen, as demand ran high with the surge in cases

PM asks India Inc to step up oxygen supply, calls for united effort

He urged the industry to utilise tankers meant to transport other gases for oxygen supply

85% Indians see environment focused firms as better employers: IBM Study

Companies could face the risk of losing top talent to more sustainability-conscious competitors

Employee vaccination spending may not classify as CSR, says Centre

Centre reluctant; experts say it could speed up vaccine drive

The financial risk posed by Janet Yellen's climate agenda on India Inc

The US may be way behind the EU in adopting a climate change agenda but could be driving it soon. Although it is just coming into the game, it has the money to demand a change

IL&FS case complexities reveal what India's resolution mechanism is lacking

A stretched rescue process reveals critical deficiencies in India Inc's corporate layering and resolution mechanism worsened by the pandemic

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

"The impact on GDP would not be significant due to lockdowns in some states and the estimates made in the Budget have been conservative," said another government official

India Inc braces to vaccinate all employees, seeks more clarity on supply

Godrej, RIL, Tatas and Infosys are striking procurement deals with vax makers

How Covid-19 is accelerating digital manufacturing for factories in India

The ecosystem for digital manufacturing in India isn't yet as complex as it is in the West or China but is developing breadth and depth

Need complete trust between industry, govt to sustain growth amid Covid: FM

Finance Minister Nirmala Sitharaman on Tuesday said there should be complete trust between the industry and the government to sustain growth amid the COVID-19 situation. Sitharaman, addressing a seminar organised by the Merchants' Chamber of Commerce & Industry here, said the Centre has taken several steps to ensure that revival of the economy continues despite a raging second wave of the pandemic. "There should be complete trust both between the government and the industry and vice versa to sustain growth. There should not be disturbances in the continuity, which lead to mistrust or distrust," she said. Speaking about West Bengal, the minister said industries in the state require "oxygen" along with a globalised approach to prosper. "Industries in the state need a lot more oxygen to flourish. The history of India was written from Bengal... but even a signature product like the Darjeeling tea is now languishing. "Kolkata used to shine with industries in the past, it

Covid hurts working cap, top-500 cos' cash cycles stretched by 6 days: EY

The pandemic has impacted the working capital management for companies

Centre working to save lives, livelihoods, FM Sitharaman tells India Inc

Finance Minister has sought feedback over impact on businesses and economy

Change in tax structure prompted India Inc to favour buybacks again in FY21

In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous financial year

Board rules for fair play

Corporate India may not be too thrilled, but Sebi's proposals on independent directors are good for India's governance credentials