Page 4 - India Inc

Boom time for companies: What record profits may mean for govt's revenue

If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be wrong with corporation tax, writes T N Ninan

India Inc lauds PM's resolve to protect livelihood, economy amid Covid-19

India Inc has applauded Prime Minister Narendra Modi's resolve to protect the livelihood of the common people and economic activities amid the surge in Covid-19 cases.

Covid-19: India Inc welcomes PM's emphasis on maintaining economic momentum

The Prime Minister on Thursday asked chief ministers to ensure minimum damage to the livelihood of common people and economic activities as they work to contain the coronavirus

Link Covid curbs to hospitalisation rate: India Inc urges govt

As local authorities impose restrictions in view of Omicron, industry bodies have asked the government to link restrictions to hospitalisation and not the overall case count

India Inc's FY21 debt-equity ratio at 6-yr low on massive deleveraging move

Analysts expect a further reduction in the current financial year, helping companies lower interest cost and thereby boosting profitability

Q3 preview: India Inc may see 100-120 bps margin compression, says report

The operating margin of India Inc is likely to drop in the December quarter with a 100-120 bps year-on-year decline, as 27/40 sectors are set to see crimped margins despite higher revenue, according to a report. Surging commodity prices and price hikes may help companies report a healthy 16-17 per cent revenue growth to Rs 9.1 lakh crore during the quarter ending December, the Crisil report said on Tuesday. Software major TCS will open the earnings season Wednesday. For the first time in as many as 12 quarters, corporate profitability as defined by the earnings before interest, taxes, depreciation and amortisation (Ebitda) margin, is likely to drop by 100-120 bps year-on-year and 70-100 bps sequentially in the December quarter, as 27/40 sectors with 300 companies tracked, excluding financial services, and oil & gas sectors, are likely to see their operating margin shrinking, the report said. According to the analysis, the margin fall will be led by software (230-250 bps fall due ..

India Inc's overseas direct investment dips over 8% to $2.05 bn in Dec 21

The domestic companies had invested $2.23 billion in their overseas joint ventures and fully-owned subsidiaries during December 2020 in the previous financial year

Explained: How Covid got HR to relook its role in a changed world

The nimbleness of the HR department is now visible again, with Omicron threatening to derail work

RIL's $4-bn forex bond: India Inc's fundraising in 2022 begins with a bang

Renew Power, Shriram have queued up to raise dollar bonds after RIL raises $4 bn in India's largest-ever foreign currency bonds issue

Covid Redux: India Inc switches back to SOS mode from wait-and-watch

Remote to flexi working, only essential travel, and vaccination camps back on the table

Reliance raises $4 bn via foreign currency bonds at finest rate

India's largest-ever foreign currency bonds issue gives strong base for India Inc's fundraising efforts in 2022

Top Headlines: India Inc expects growth in 2022; record unicorns in 2021

Business Standard brings you the top headlines at this hour.

India Inc expects 2022 to be a growth story: Business Standard CEO poll

India Inc to hire more and increase capacity in the new year to meet rising demand

India Inc welcomes deferment of proposed GST hike on textiles

The proposal intended to hike GST rate on apparel from 5 to 12 per cent

India Inc raises over Rs 9-trn through equity, debt issuances in 2021

In 2020, firms raised Rs 11 lakh crore, including Rs 7.91 lakh crore through debt and Rs 2.12 lakh crore through equity

FIBAC 2021: India Inc spoilt for choice as funding avenues open up

Panelists at FIBAC say banks lose monopoly of being only source of funding to firms

Top headlines: India Inc faces stricter code, Meta cracks on surveillance

India Inc's corporate governance mettle will soon be put to the test with a stricter framework. More on top headlines this morning

FY23 Budget: Persist with thrust on infra, India Inc tells FM Sitharaman

FM to meet economists on December 22 for pre-Budget consultations

India Inc's mettle to be tested with voluntary corporate governance norms

Sources said NSE's initiative will involve signing a contractual arrangement between the exchange and the company to give the scheme more sanctity

BS Awards: Be agile, adapt, says India Inc as change becomes a constant

The India Inc leaders, winners of the Business Standard Awards: Celebrating Excellence, were speaking at the 22nd edition of the awards held online