Page 20 - Indian Companies

Three mantras for informal sector

By some accounts, the informal sector accounts for more than 80 per cent of the workforce and 50 per cent of the GVA in India

Byju's raises $460 mn in ongoing Series F round led by MC Global Edtech

As reported earlier, Byju's is in talks to raise up to $700 million from new and existing investors in a fresh funding round

Second Covid-19 wave: Night curfew pushes Patiala biz to the brink

The hospitality sector, which was gradually picking up after the lockdown, is one among many that is feeling the heat

Statsguru: IBC mechanism ready to take up cases after a year-long hiatus

As many as 1,942 cases are currently going on under the Code (as of Septem­ber 2020)

Status check of PLI schemes that aim to make India world's factory

Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers

Corporate affairs ministry facilitates tracking down of payments to MSMEs

From the next month, companies are required to disclose trade payables according to their ageing - less than one year, 1-2 years, 2-3 years, and more than three years - in their financial statements

Limited e-invoicing window a worry for small and medium companies

The e-invoicing system was first made mandatory for entities with a turnover of Rs 500 crore and above and later extended to businesses with Rs 100 crore or more on January 1

ReNew Power plans to raise $575 million in green bonds this year

Such fundraising by Indian companies has hit close to $5 billion in 2021 so far

Cairn to seize overseas Indian assets to enforce $1.2-bn arbitration award

UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover USD 1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return USD 1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a

Govt mandates companies to disclose investments in cryptocurrencies

Govt asks companies to also reveal CSR spend, benami property transactions from FY22

BS 1000: From listed to unlisted companies, here're the key numbers

A snapshot of the key data on Indian companies

India Inc's earnings recovery signals double-digit growth in next 2 years

The latest trend is in sharp contrast to the sombre mood in corporate board rooms at the end of FY20, when India was in the middle of one of the world's most draconian Covid-19 lockdowns

From Caterpillar to USV, here're top 30 unlisted companies in India

The list of India's best unlisted companies is dominated by the subsidiaries of US, European and Japanese MNCs

Nielsen predicts revival of FMCG growth; some differ as Covid-19 cases rise

In an update last month, Nielsen said the January-March 2021 period also looked strong.

Bottom-of-the-pyramid once again in focus

The coronavirus pandemic-led economic shock just shrunk the lucrative middle class market by 32 million people, according to a recent report by the Pew Research Centre based on the World Bank data

Welcome back, IBC

Govt should now focus on strengthening the NCLT

Groupe Atlantic to invest Rs 68 cr for 50% stake in SHIL subsidiary

French company Groupe Atlantic would invest Rs 68.3 crore in Somany Home Innovation Limited (SHIL) for 50 per cent stake in its water heater business, as per a regulatory filing.

BS Annual Awards: High-powered jury selects India Inc's best seven

Leading decision makers met virtually to pick the outstanding achievers

Best of BS Opinion: Increase vaccine supply, focus on pollution & more

Here's a selection of Business Standard opinion pieces for the day

Deals back for IT firms but shortage of skilled workforce a concern

According to an industry executive, attrition is likely to reach pre-Covid levels of 17-20 per cent as employees switch jobs.