Page 47 - Indian Companies
Letter to BS: Good sign that firms think about employees before layoffs
Layoffs should be well thought out as it could affect the morale of the employee
 "Letter to BS: Good sign that firms think about employees before layoffs")
US corporate sector hails India's move to cut income tax rate for companies
This is a welcome step to reverse the economic slowdown
 "US corporate sector hails India's move to cut income tax rate for companies")
Indian corporates need to follow global standards of governance: K M Birla
Birla said there were various sectors in India which had the potential to grow into billion dollar business over a period of time
 "Indian corporates need to follow global standards of governance: K M Birla")
Boards of Indian companies are becoming getting older but more independent
The Companies Act, 2013, mandated that listed firms must have one female director from April 1, 2015, with businesses given one year to comply
 "Boards of Indian companies are becoming getting older but more independent")
Software, energy, realty at bottom of list in new company formation
Trading, finance, social services and manufacturing firms, on the other hand, topped the list during 2016-2018
 "Software, energy, realty at bottom of list in new company formation")
India's corporate profits one of the lowest among major economies
Combined net profit of BSE500 companies at $63 bn is 2.3% of GDP; global average is 5%
 "India's corporate profits one of the lowest among major economies")
More Indian cos setting up offices in UK, London remains preferred location
842 Indian companies operating in the UK, up from about 800 in the previous year; combined revenues at about £48 billion
 "More Indian cos setting up offices in UK, London remains preferred location")
Nine of top 10 cos lose Rs 88,609 crore in m-cap; HDFC, TCS suffer the most
In the ranking of top-10 firms, RIL was placed at the number one position, followed by TCS, HDFC Bank, HDFC, HUL, ITC, SBI, Infosys, Kotak Mahindra Bank and ICICI Bank
 "Nine of top 10 cos lose Rs 88,609 crore in m-cap; HDFC, TCS suffer the most")
Indian firms supplying US tech to Huawei may face US sanctions: Report
The government has not yet taken a call on whether to ban the Chinese telecom equipment maker
 "Indian firms supplying US tech to Huawei may face US sanctions: Report")
Tax proposal in Budget 2019 hits Indian companies' year of share buybacks
More than 70 companies, including software exporter Wipro Ltd., announced or completed Rs 354.6 billion ($5.2 billion) of share buybacks in the first half of 2019
 "Tax proposal in Budget 2019 hits Indian companies' year of share buybacks")
We need more business institutions, not just companies
There is an art that 'shapers of institutions' deploy compared to 'leaders of companies'
 "We need more business institutions, not just companies")
UK top choice for Indian investors with record investments in 2018: Report
London emerged as the top choice for Indian investors ahead of other cities such as Dubai and Singapore, with investments by Indian companies in the British capital reaching an all-time high last year, according to a new analysis. The UK emerged as the top most country to attract Indian FDI with 52 projects, ahead of the US (51) and the UAE (32), in 2018, said London & Partners (L&P), the Mayor of London's promotional agency, in the new analysis released here on Friday. Indian companies choosing to invest and expand in London reached an all-time high last year, with 32 investment projects a giant leap from the previous year, it said. "Foreign Direct Investment (FDI) from India into London increased by 255 per cent from 2017 to 2018. And, investment into the UK from India grew by over 100 per cent compared with the previous year, with London accounting for over 60 per cent of all Indian investment into the UK in 2018," notes the analysis, based on fDi Markets and fDi ...
Indian firms see great value in data, 47% already monetising it: Dell study
Survey finds leaders in data protection in the country rose from 1% in 2016 to 30% in 2018, while data protection adopters were up from 12% in 2016 to 60% in 2018
 "Indian firms see great value in data, 47% already monetising it: Dell study")
Six of top 10 Indian firms lose Rs 42,827 crore in m-cap in a week
IT major TCS took the biggest hit
 "Six of top 10 Indian firms lose Rs 42,827 crore in m-cap in a week")
Fact free
What does it say about Indian law and jurisprudence that a company would prefer to fight a branding battle in the courts rather than through a marketing campaign?
Indian M&A hits all-time high in 2018 with deals worth $125 billion
Walmart's purchase of Flipkart sees M&A deal values double from $63 bn a year ago
 "Indian M&A hits all-time high in 2018 with deals worth $125 billion")
Overseas listings of Indian companies decline on shrinking premiums
Increased participation of foreign investors in domestic markets another reason for the drop
 "Overseas listings of Indian companies decline on shrinking premiums")
OPIC commits $125 mn for Indian firms with international growth ambitions
GPC is an investing institution that focuses on providing capital to Indian companies with international growth ambitions
 "OPIC commits $125 mn for Indian firms with international growth ambitions")
From MRF to Shree Cement, here are Dalal Street's wealth-creating machines
23 companies from consumer-facing businesses have given over 30% compounded returns over past 15 years
 "From MRF to Shree Cement, here are Dalal Street's wealth-creating machines")
What is an Indian company? Does it really matter!
India's economic policy debates should not be allowed to be held captive by narrow lobbying based on whether a company is owned by Indians or foreigners
