Page 27 - Indian Companies

India Inc's big boys: Share of large borrowers on banks' books decline

However, large advances in the SMA-0 (special mention accounts) category registered a quantum jump (155.6 per cent) over the previous quarter and 245.6 per cent over March 2020 levels

Brace for selective interest in stressed assets

With looming uncertainty, investors will be very selective, cautious and careful in allocating funds towards this asset class

Flipkart to Oyo, top 4 unicorns account for half of combined valuation

Indian unicorns notch up valuation of $128.9 bn in 2020; several looking at IPOs

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

IT and auto lead the spurt in hiring so far; most of the jobs for junior or entry levels

11 domestic companies in Hurun's top 500 list, India ranked 10th

The total value of these 11 companies grew 14 per cent and has been pegged at $805 billion or nearly a third of the Indian GDP

CEOs expect Budget 2021 to kick-start next wave of investment cycle

Companies plan to hire more, expect staff to return to offices in new year

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

The Budget will be presented in the backdrop of a revival of the economy and expectations of good corporate earnings in the December quarter

Promoter pledging declines to a two-year low of 11% in December

But value of pledged holding rises, buoyed by market rally

Peering into 2021

Macroeconomics in 2021 will turn on consumer demand and firm resolution

Q3 earnings preview: Nifty profit growth pegged at 10%, best in 5 quarters

Combined net profit of 50 index firms estimated at Rs 1.14 trillion, led by commodity producers

FMCG firms may hike prices to offset inflationary pressure on raw material

FMCG firms, which are facing inflationary pressure on their key raw material inputs, are considering marginal hike on their products price to offset it

M-cap of BSE-listed firms zoom to fresh record high of over Rs 195.2 trn

The market capitalisation of BSE-listed companies zoomed to a fresh lifetime high of over Rs 195.21 trillion in morning trade on Friday as markets returned to winning ways after two days of decline

The long-term growth opportunity 2021 presents

The digital super cycle will encompass progress in all areas and will accelerate further on advancements in machine learning and artificial intelligence

India to have 50-plus strong 'Unicorn club' in 2021: Nasscom-Zinnov report

India saw 12 new unicorns being created in 2020, the highest ever addition in a single year, and is on track to have a 50-plus strong 'Unicorn club' in 2021, a Nasscom-Zinnov report said. Unicorns are companies having valuation of more than USD 1 billion. The report titled 'Indian Tech Start-up Ecosystem On the March to Trillion Dollar Digital Economy' said the Indian tech start-up base is witnessing a steady growth of 8-10 per cent year-on-year, and over 1,600 tech start-ups were added in 2020. Although cautiously optimistic, the report said 2021 promises a return to normalcy for the Indian tech start-up ecosystem and deep-tech and new start-up hubs will continue to grow at 40-45 per cent CAGR, it said. India is on track to have a 50-plus strong 'Unicorn club' (companies with over USD 1 billion in valuation) in 2021 (from 38 in 2020), and M&A deals and IPO pipeline are also expected to accelerate in 2021, it added. The report said over 2,100 start-ups are leveraging deep-tech, .

PLI Scheme: Dixon CMD Sunil Vachani is ready for the next big leap

A two-part series looks at how two home-grown manufacturers are leveraging the govt's production-linked incentive scheme

Prepack insolvency resolution: Swiss Challenge options, IBC tweaks on cards

The prepack is to start with a base resolution plan (BRP), which will face a Swiss Challenge; and this should come from the promoters if they are eligible and interested

Share buybacks fail to boost firms' long-term stock performance

Since April 2017, 176 companies have repurchased their shares. Some of them have done multiple buybacks. Of these shares of 111 companies are trading currently below the price

RailTel to Indigo Paints: January likely to see IPOs worth Rs 8,000 crore

RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation (IRFC), and Suryoday Small Finance Bank are among the companies looking to tap the market

Telecom, pharma on revival path as businesses limp back to pre-Covid levels

In the second part of the series, we are looking at the telecom, pharma, and automotive sectors

CBI books Shakti Bhog Foods in alleged Rs 3,269-crore bank fraud case

The CBI has booked Delhi-based Shakti Bhog Foods Limited for an alleged fraud of Rs 3,269 crore on a consortium of 10 banks led by the State Bank of India (SBI), officials said on Friday.