Page 12 - Indian Companies
Covid-19: Future of work fast-forwarded with VR meetings, job sharing
From corporate offices to shopfloors, from vendor meetings to client servicing, Indian companies are - just like some big Wall Street firms - debating the pros and cons of remote working
 "Covid-19: Future of work fast-forwarded with VR meetings, job sharing")
Indian PE funds looking for exit from companies toy with SPACs in US
Discussion has started between blank check companies in the US and Indian PEs on possible deals in certain key sectors
 "Indian PE funds looking for exit from companies toy with SPACs in US")
Not very concerned about third wave impact on biz: Dabur India CEO
Share of our healthcare portfolio went up to 45 per cent from 30 per cent and essentials like oral care did well, while share of skin-care, hair oils, and foods shrank, says CEO
 "Not very concerned about third wave impact on biz: Dabur India CEO")
A love letter on family businesses
Book review of The Ultimate Family Business Survival Guide
 "A love letter on family businesses")
IT dept detects Rs 880-cr hidden income after survey of Bengaluru company
The Income Tax Department has detected "concealment" of Rs 880 cr income after it surveyed the Bengaluru premises of a leading manpower service providing company, the CBDT said on Tuesday.
 "IT dept detects Rs 880-cr hidden income after survey of Bengaluru company")
Patanjali clocks Rs 30K-cr turnover in FY21; aims to be debt free in 4 yrs
Patanjali Group said it has achieved a turnover of around Rs 30,000 crore in the fiscal 2020-21
 "Patanjali clocks Rs 30K-cr turnover in FY21; aims to be debt free in 4 yrs")
Recovery tracker: Office visits at 78% of pre-Covid days as cases fall
Roads see more traffic and power generation a brighter week
 "Recovery tracker: Office visits at 78% of pre-Covid days as cases fall")
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 loosens purse strings for sales, IT functions, says report")
Second Covid-19 wave, higher input cost set to weigh on Q1 earnings
Nifty50 firms' net profit expected to decline 10.1% QoQ
 "Second Covid-19 wave, higher input cost set to weigh on Q1 earnings")
Tata go-ahead not needed to pledge shares, says Shapoorji Pallonji Group
Has approached foreign banks for a Rs 5,000-crore bridge loan
 "Tata go-ahead not needed to pledge shares, says Shapoorji Pallonji Group")
Bajaj Group market cap hits $100 bn; fourth family-owned biz to hit mark
Many family business houses have seen a huge jump in their market cap in the past one year
 "Bajaj Group market cap hits $100 bn; fourth family-owned biz to hit mark")
Indian SPACs to raise nearly $1 billion through IPOs in US stock market
To acquire domestic media, tech, and consumer goods firms
 "Indian SPACs to raise nearly $1 billion through IPOs in US stock market")
Furlenco raises $140 million to enter new cities, widen portfolio
Currently in 13 cities, firm will serve 15 cities by year-end, including Tier-2 market; also exploring options to enter Dubai and Singapore next year
 "Furlenco raises $140 million to enter new cities, widen portfolio")
Covid-19 pandemic: Big and organised companies escape unscathed
Analysts say when industry growth bounces back over the next few years, listed players will be better positioned
 "Covid-19 pandemic: Big and organised companies escape unscathed")
Strong deal pipeline may boost Q1 show of IT companies: Analysts
Margins will be a concern with salary hikes and attrition taking centre-stage
 "Strong deal pipeline may boost Q1 show of IT companies: Analysts")
Towards better governance
New norms for independent directors need strict monitoring
 "Towards better governance")
From Times Group to Zee, Indian media business in the post-pandemic world
The post-pandemic list tells just one story - that of utter devastation
 "From Times Group to Zee, Indian media business in the post-pandemic world")
Demand recovery key to Apollo Tyres' aggressive $5 billion revenue target
Street will watch out for capital allocation, deleveraging progress
 "Demand recovery key to Apollo Tyres' aggressive $5 billion revenue target")
A sharp turnaround
India Inc remains cautious after a robust Q4 performance
Global capability centres bet big on Indian talent to drive operations
The GCC sector comprises over 1,300 global organisations, which employ more than 1.3 million people
