Page 35 - India Inc

India Inc chooses deleveraging over growth; net debt-equity ratio improves

The net result was an improvement in balance sheet leverage, which is positive for bankers and the stock market valuation for many of the debt-laden companies

India Inc's credit profile moderates YoY in April-September: CRISIL

Sectors that saw an improvement in the credit quality are ferrous metals, micro lenders and fertilisers

Regulatory policies pose top risk to India Inc in next 3 years: Deloitte

The survey showed a divide on the viewpoint of risk management amongst Indian organisations

Banks meet 4% of India Inc's Q1 funding requirement of Rs 2.87 trillion

Sources other than banks provided Rs 2.76 trillion of finance to the corporate sector in the same period

India Inc capex grows, but revival in investment cycle unlikely; here's why

A closer look at data reveals that much of the large firms' capex in FY18 was driven alone by Reliance Industries, which has spent roughly Rs 3.31 trillion on capex in the past 3 years

From Merc to Unilever, India Inc takes advantage of demand to raise prices

Auto to steelmakers passing on higher input costs to consumers

If big business is miffed with Mr Modi, then it only suits him electorally

There is no doubt that Mr Modi has guided his policy away from one that India Inc expected to be openly and substantively pro-business

India Inc's Jan-Jun deal tally at $74.8 bn on big-ticket deals, jumps 90%

Corporate India announced deals worth USD 74.8 billion in the January-June period, registering a 90 per cent jump over last year, largely driven by big ticket consolidations, says a report. According to Grant Thornton's Dealtracker report, the year so far has witnessed deals (both merger and acquisition and private equity) worth USD 74.8 billion through 638 deals as against USD 39.3 billion by way of 610 transactions in January-June 2017. "The various reforms of the government, such as Goods and Service Tax (GST), Real Estate Regulatory Authority (RERA), Housing for All and Insolvency and Bankruptcy Code (IBC), had a visible positive effect in the first half of 2018. However, it would take some time to realise the full benefits of these reforms," said Prashant Mehra, Partner, Grant Thornton India LLP. Key growth drivers for the deal activity continue to be big ticket consolidation both domestic and inbound supported by high-value private equity investments. India Inc's M&A value ..

India Inc to post 12.8% revenue growth in Q1; highest in three years

The estimates are based on an analysis of 350 companies excluding those in the banking, finance, insurance and oil sectors

India Inc raises Rs 672 billion by issuing shares to investors in FY18

The funds were mobilised for business expansion, refinancing of debt, working capital requirements and other general corporate purposes

Corporate reputation vs the cover-up

Several governance advisories in India have raised doubts on ethical grounds

Barring banks, India Inc's showing in Q4 is encouraging

There is some benefit of a low base effect as earnings were down 4.6 per cent during the corresponding quarter in the last fiscal year after the note ban

India Inc lines up to hedge forex exposures before it is too late

Unhedged positions may have gone as high as 80%, which is now changing

Sale season at India Inc

While big defaulters and bargain hunters at bankruptcy courts may be hogging the limelight, outside it a big M&A season is already upon us

India Inc's average salary hike pegged at 9.6% in FY19: KPMG report

Employees in India are expected to get an average salary hike of 9.6 per cent this financial year, while key talent are likely to get as much as 14.7 per cent, says a report. "Salary hikes for financial year 2018-19 are expected to be in single digits at an industry average of 9.6 per cent, based on data from over 270 organisations across 18 sectors who participated in our Annual Compensation Trends Survey 2018-19," said Vishalli Dongri, Partner & Head, People & Change Advisory Services, KPMG in India. In financial year 2017-18, the average projected increment for the year 2017-18, was 9.7 per cent, while the actual hike stood at 9.4 per cent. The report further noted that as many as 19.9 per cent of participants saw attractive benefit offerings as one of the top three levers for drawing talent. Moreover, almost 75 per cent of organisations identify high potential employees and may offer them an average hike of 14.7 per cent, the report noted. "Organisations across sectors ...

India's business journey: FY18 was a defining year for India Inc

Even as the telecom slugfest played out, N Chandrasekaran completed one year as the new chairman of the $100-billion Tata group

India Inc in 2012

Kingfisher Airlines loses license to fly: Bad times have befallen the King of Good Times. The Directorate General of Civil Aviation (DGCA) suspended Kingfisher Airlines' licence. The move came after the airline failed to come out with a viable operational and financial revival plan, for which it had been given an October 20 deadline.

India Inc raises Rs 1.4-lakh crore via equities in 2017

The amount is more than double when compared with the entire previous calendar year

India Inc foreign borrowings down 40 per cent

No new capacity addition is planned for 2018 and capital expenditure plans are on hold

India Inc raises over Rs 36,000 cr via QIP in Apr-Sept

QIP is an alternative mode of resource raising available for listed companies to raise funds from domestic market