Page 44 - Indian Companies

India blocks automatic FDI route for neighbours to curb hostile takeovers

Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.

Lockdown 2.0: Office space leasing sees 37% fall on coronavirus outbreak

Companies deferred their decision to hire workspace amid global economic slowdown caused by Covid-19, according to Cushman & Wakefield.

Default-wary banks say won't use RBI funds for low-rated companies

The first TLTRO facility took place on March 27, and so far Rs 1 trillion has already been deployed.

Coronavirus outbreak: Why cities may not remain the same after lockdown

Tens of thousands of workers who returned to villages are now similarly weighing whether to return at the end of the lockdown, which Modi this week extended to May 3.

Indian High Commission in UK hosts Covid-19 virtual meet for businesses

The government of India and the High Commission of India are constantly working in consultation with businesses and business organisations with regard to the government's response to Covid-19

Covid-19 crisis: Over 100 firms missed deadline to appoint women directors

At least 37 of the ones which missed the Securities and Exchange Board of India (Sebi) deadline were government-owned

Govt norms on resuming work may come as a burden to firms: Experts

Companies will have to make special arrangements to bring workers to office, with '30-40 per cent passenger capacity' in each vehicle

Idling trucks, staff shortage: Bottlenecks for industries amid lockdown

Close to 3.5 million trucks (along with their drivers and assistants) are off the road - some because of manpower shortage, and some because they are stuck in various parts of the country.

Hyper AI to wellness helpdesk: BPM firms adapt to coronavirus crisis

Information Technology and IT-enabled services were classified as essential services by the Indian government soon after the lockdown was announced to prevent the spread of Covid-19.

Coronavirus impact: India Inc focuses on preserving liquidity amid lockdown

Reputed conglomerates are opting for moratorium on debt servicing

In caring company: Firms make working from home stress free and fun

Some companies have engaged doctors and therapists to talk to employees over webinars and answer questions related to the virus.

Govt unlikely to grant any package for industry to pay workers' salaries

"The government lacks the fiscal space. It will not be feasible to give grants to the industry to take care of its wage bills," sources said.

Firms weigh measures, protocols to adapt to post-coronavirus world

Sanitisation, social distancing top of the agenda as shop floors get ready to open again

No cold turkey start: Experts want phased exit from coronavirus lockdown

Pronab Sen, former chief statistician, pointed out, "In the unaffected districts, we should open up the lockdown but not allow movement out of these areas.''

Contraction in Indian economy due to Covid-19 may be short-lived: UBS

"The potential slowdown of the economy will be determined by the duration of the lockdown, and the economic policy choices taken to ensure a safe recovery," said Tanvee Gupta Jain

Recovery for brands look difficult as anxious consumers maintain distance

India among the top 3 nervous nations in the world; consumers expect long-term spending to be hit, want brands to spread optimism and cheer: Kantar

How Indian companies are contributing to the war against coronavirus

Corporate India is donating crores of rupees, supplying medical equipment and opening hospitals. Here's a look at some of the Business Groups that have opened their purse strings

Firms looking at time, cost relief while invoking force majeure

Corporates are relying on a government notification in February that says firms can invoke the clause as coronavirus can be considered a major "natural calamity."

India Inc asks new recruits to 'stay home' amid coronavirus outbreak

Chief executives (CEOs) and head-hunters say that besides an across-the-board freeze on hiring, a salary cut for staff starting April is a possibility.

Downgraded Rs 7-trn debt as credit quality of Indian firms worsened: ICRA

The agency said policymakers will have to unleash more measures to avoid severe economic imbalances if the COVID-19 crisis prolongs