Page 9 - India Inc

India Inc loosens purse strings for sales, IT functions, says report

With technology and sales becoming critical functions for business continuity and recovery, the salaries that these professionals command have increased significantly with a median increment of 7.12 per cent; while for super-specialised jobs, it was over 11 per cent, according to a report. According to the latest 'TeamLease Jobs and Salaries Primer Report 2021', while the median salary increment was 7.12 per cent, the average growth of salary for talent in IT and sales functions have been 8.55 per cent and 9.82 per cent, respectively. As per the report, the positivity is not restricted to sales and IT functions alone, but also to super-specialised jobs that are being rewarded handsomely. Super-specialised jobs have commanded a salary increment of over 11 per cent. The 'Jobs and Salaries Primer' is an annual report from TeamLease Services Ltd that analyses the hiring and salary trends across industries. The latest edition has taken into consideration the salary payouts of over 2,63,0

India Inc expects swifter recovery from second wave of Covid-19 pandemic

Private investments will be better in first half of FY22, according to CII CEOs' poll

BankAm's i-bankers continue to pull off deals for India Inc amid Covid-19

BankAm topped Dealogic's league tables for equities at $2.8 billion in deals (followed by ICICI Securities at $2.4 billion and JP Morgan, or JPM, at $2.4 billion) for FY21

Best of BS Opinion: Stock market as mirror, politics in diversity & more

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

Amid Covid, India Inc's foreign borrowings plunge by 51% to $738 mn in May

Indian businesses had raised $1.49 billion by way of external commercial borrowings (ECB) in May 2020.

MakeMyTrip announces mandatory paid offs for employees this year

The company has unveiled the wellness policy by hosting Jumpstart Week with employee engagement activities to reinvigorate the workforce.

India Inc getting back in biz with no-jab-no-entry, thrust on vaccine drive

Companies gear up to protect employees after second wave disrupts operations

India Inc fares well on environmental, social and governance disclosures

Parameters where India scored high included policy on equal voting rights (100 per cent), policy on community involvement (99 per cent), and CSR sustainability reporting (98 per cent)

With massive investment plans, steel leads India Inc's capacity expansion

Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters

A sharp turnaround

India Inc remains cautious after a robust Q4 performance

Covid-19 vaccination: Fear, myths & rumours inject vaccine hesitancy

Govts, NGOs and corporations try to get fence-sitters to take the jab

Govt asks industry to take benefit of PLI, food processing sector schemes

Food Processing Industries Minister Narendra Singh Tomar on Thursday called the industry players to take benefit of the government initiatives, including the production-linked incentive (PLI) scheme. "The government is committed to the development of the food processing sector. The government has taken several initiatives to harness the food and horticulture potential of the country," an official statement quoted Tomar as saying at the northern region food processing summit organised by industry body CII. The government has launched the PLI scheme for the food processing industry, under which Rs 11,000 crore will be spent, he said. Another scheme 'Prime Minister formalization of Micro Food Processing Enterprises (PMFME) has been launched under the Atmanirbhar Bharat Abhiyan to enhance the competitiveness of existing individual micro-enterprises in the unorganised sector. The scheme focuses on supporting groups engaged in agri-food processing such as Farmer Producer Organizations ..

We are expecting a U-shaped recovery: Titan Company's Ajoy Chawla

We are opening up only those stores - 270 so far - where 100 per cent of our staff has been vaccinated

Firms' m-cap grew fastest in 2020 despite GDP contraction: SBI economists

Indian firms' market capitalisation grew at the fastest pace last year among major economies despite contraction in GDP, economists from SBI said, flagging the risks to financial stability it poses

India Inc goes for price hikes again as input cost pressures increase

Durables, paints, and consumer staples among worst affected by raw material prices

India Inc earns 72% of revenue from the domestic market: Morgan Stanley

On an aggregate basis, 72 per cent of EM companies' revenues come from their home country

PM announcement on Covid vaccine to help ensure quick rollout: India Inc

Prime Minister Narendra Modi's announcement that the central government will provide free coronavirus vaccine to states will help ensuring quick rollout of vaccine, India Inc said on Monday.

Post-Covid recovery will be uneven

If the pandemic were to prolong, or if the monsoon is below normal, rural incomes will be impacted, and demand recovery will be slow.

India Inc trims FY22 growth outlook over third Covid-19 wave fears

Companies remain cautious about improvement in sales in FY22

Look forward to repo rate cut by RBI in future, says India Inc

RBI decided to leave the benchmark interest rate unchanged at 4 per cent