Page 22 - India Inc

It's back to business for industry, but not quite 'business as usual' yet

From high-end cars and mobiles to steel and cement, demand is rising

India Inc welcomes RBI's rate cut, says will revive demand in auto, realty

Falling rates to help; rise in group exposure limits will support large companies

India's FMCG market contracts 34% in April amid Covid-19 outbreak

Traditional trade sees bigger drop, says Nielsen

'Polarised' and 'sell on rally' may define markets' character, say experts

With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast

Covid-19 crisis: Slippages may jump to Rs 5.5 trillion, says India Ratings

Credit costs could touch Rs 2.7 trillion

Firms red-flag pitfalls of IBC suspension; law's future unsure, say experts

With the Insolvency and Bankruptcy Code, which was the instrument lenders had to make their borrowers fall in line, suspended for a year, many say this makes uncertain the future of a landmark law

Resume operations, says FM Sitharaman; India Inc cites hurdles in way

Industry wants cash in the hands of the poor, more policy reform in sectors such as tourism, automotives and aviation

Voda Idea clubs 22 telecom circles into 10 clusters; move may hit jobs

"...... In the past also, we have seen that over time, it is possible to accommodate most of the people against natural voluntary attrition that keeps happening," Voda said downplaying likely job cuts

Analysts willing to give India Inc long rope amid Covid-19: IiAS survey

Voting advisory firm Institutional Investor Advisory Services surveyed 'sell-side' analysts to get a sense of their views on various governance practices in the current environment

Sebi advises India Inc to make enhanced disclosures on Covid-19 biz impact

Market regulator observed that while many have made qualitative disclosures like shutting down and sanitation measures undertaken, only a few have dwelt on financial impact

Covid-19 crisis: Indiabulls sacks over 2,000 employees to control expenses

The attrition is in line with the process we follow every year, says company

Covid-related disclosures by Indian companies

While filing their financial results for FY20, corporations should adequately address the Covid-19 related concern and its impact on asset quality

Different Centre-state rules slow India Inc's bid to restart business

The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.

Covid-19 impact: JSW Energy puts GMR Kamalanga acquisition on hold

In February, JSW Energy said it would acquire GMR's Kamalanga power project (1,050 Mw) in Odisha for Rs 5,321 crore.

Coronavirus crisis must prompt industry to reset ties with workers: FM

The industry should also strive to work towards the skilling of employees at all levels, CII quoted her as saying in a statement

I've to be careful, am answerable to Parliament: FM Nirmala Sitharaman

Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.

Bharti Airtel to go slow on capex in Q1FY21 amid Covid-19 crisis, Q4 loss

Bharti Airtel reported a consolidated net loss of Rs 5,237 crore in Q4FY20 against a net profit of Rs 107.2 crore in the corresponding quarter last year.

Logging in with facemasks: Offices look different as staff returns to work

Office life in these cities resumed on Monday, albeit cautiously and with full knowledge of the need to maintain social distancing.

All for liquidity: Watch every rupee, chase dues, and refinance debt

Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs

Fiscal stimulus by FM is mostly credit oriented, says Subhash Chandra Garg

He said that the fiscal stimulus, by its very nature, is additional fiscal burden on the public finances