Page 32 - Indian Companies

Govt likely to get tax bonanza under Mistry exit plan, say experts

A legal source said the Mistrys would have to sell shares in listed Tata companies to pay the tax (if Tata Group agrees to the Mistry plan) and lower their stakes in them

Indian economy set to bounce back, emerge stronger from Covid crisis: Ficci

Ficci President Sangita Reddy said it was time to take bold actions and push the growth agenda vigorously

Govt to frame sector-specific model employment contracts for industries

Move aimed at easing compliance burden for companies; experts see it as micromanagement

Cautious optimism

Corporate results are showing turnaround signs

India Inc needs to respond to various reform measures of govt: CEA

CEA emphasised that India is the only country which utilised the opportunity provided by the current crisis to unleash the second generation reforms that are focused on factor markets.

A reform that demands more attention

Awareness of the banking sector's many initiatives to help stressed businesses tide over the pandemic is low

Preparing for the next crisis

The last two decades have been peppered with events like 9/11, the financial crisis, the taper tantrum and now Covid-19, with many regional and consequently less calamitous occurrences

Food focus keeps PepsiCo going, but Coke struggles amid Covid-19 pandemic

Estimates indicate that volumes for the whole year for beverages will be down to a third of last year, despite the push by soft drink companies to go online

For Mumbaikars, work from home triggers an escape to beach town Alibaug

As ferry services increase and remote working becomes the norm, the rural beach town has turned into a sought-after refuge for city slickers from Mumbai and Pune

IPO expenses likely to ease further this year, say industry players

Investment banking and legal fees, advertisement and marketing, listing fees and brokerage, and selling commission are the typical cost heads incurred by a company for an IPO

Six of top 10 most valued firms add Rs 86,684 cr in m-cap; HDFC twins lead

HDFC Bank, India''s biggest private sector lender, witnessed its valuation soar by Rs 20,198.59 crore to stand at Rs 6,80,092.72 crore.

Strong prospects of Biologics business keep Street positive on Biocon

Even though Q2 performance missed estimates, analysts expect a stronger second half

Early bird results show unlocking gains, net profit of 104 firms rises 9.8%

Cement makers and metal producers clearly show the impact of an uptick in prices of their products and a fall in costs boosting their profitability

Firms from India's western region lead fundraising spurt from stock market

Accounts for 97% of over Rs 75K crore raised via 19 issuances so far in FY21

Company Act overhaul: Experts call for careful, balanced approach

Company law recently went through an overhaul, decriminalising more than 48 offences in one go, removing the prison sentence, and doing away with or reducing the fines.

Dxomark plans to engage with Indian tech companies in 2021, says CEO

Mobile camera and display rating firm Dxomark plans to visit India to engage with technology companies in 2021 to work on quality parameters of their products

Indian entities can give guarantees on behalf of WOS abroad: Expert

Provided that the terms and conditions stipulated in Foreign Exchange Management Regulations, 2000, for promoting or setting up such company or subsidiary are continued to be complied with

CARO 2020: Wary of increased scrutiny, auditors and firms attempt push-back

Auditors and business are wary of the new audit guidelines

Only 8% Indian firms have ESG-related compensation policy: Refinitiv

These findings are part of a new study on ESG

Zero cash flows during Corona time spark fire sale of India Inc's assets

Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months