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India Inc

India Inc set to touch new heights, fastest pace of growth in Modi 3.0: Assocham

India Inc set to touch new heights, fastest pace of growth in Modi 3.0: Assocham

Mon, Jun 10, 2024

Assocham Secretary General, Deepak Sood, said the Indian industry and global investors are feeling reassured of fast and bolder reforms well beyond the economy, touching upon wider governance, quality and ease of living and leveraging upon the aspirational young population.

Berger Paints Q2 preview: EBITDA estimated to jump 87% YoY; gross margins likely to improve

Berger Paints Q2 preview: EBITDA estimated to jump 87% YoY; gross margins likely to improve

Wed, Nov 01, 2023

Berger Paints Q2 preview: According to Zee Business Research estimates, the paint company will report a 6 per cent growth in consolidated revenue on a year-on-year (YoY) basis at Rs 2,843 crore against Rs 2,671 crore logged in the year-ago period. Its domestic decorative volume is also estimated to grow by 6 per cent.

Federal Bank reports 35.5% YoY rise in Q2 net profit to Rs 954 crore; NII up 17%

Federal Bank reports 35.5% YoY rise in Q2 net profit to Rs 954 crore; NII up 17%

Mon, Oct 16, 2023

Federal Bank Q2 results: Shares of the bank were trading at Rs 150, up 0.33 per cent on the BSE.

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India Inc expresses disappointment over RBI's policy status quo

India Inc expresses disappointment over RBI's policy status quo

Wed, Dec 06, 2017

India Inc today expressed disappointment over RBI's decision to hold fire, saying there is a need to revive domestic demand and encourage investment through lower cost of capital to crank up growth.

Companies may use IPO market boom to meet credit demand

Companies may use IPO market boom to meet credit demand

Mon, Dec 04, 2017

"There are various reasons that can explain the recent splurge in the IPO market. Ease of listing criteria for MSME has been one of the reasons for increasing number of companies approaching capital market,” said Dr Soumya Kanti Ghosh, Group Chief Economic Adviser at SBI.

India Inc demands rate cut in December policy; will RBI follow?

India Inc demands rate cut in December policy; will RBI follow?

Sun, Dec 03, 2017

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, will meet on December 5 and 6 for the Fifth Bi-monthly Monetary Policy Statement for 2017-18. The resolution of the MPC will be made public on December 6.

Rise in Q2 GDP signals economic recovery: India Inc

Rise in Q2 GDP signals economic recovery: India Inc

Fri, Dec 01, 2017

India Inc. on Thursday said the rise in the second quarter (Q2) GDP numbers showed signs of economic recovery. "Growth numbers are in sync with the expectations and re-affirm that signs of recovery are in sight," said Pankaj Patel, President of Ficci.

Metal, OMCs and NBFCs lifted India Inc's earning in Q2FY18

Metal, OMCs and NBFCs lifted India Inc's earning in Q2FY18

Wed, Nov 22, 2017

Many sectors dragged down the earnings of India Inc in Q2FY18, but there is also a list segments which eased down the pain in overall growth.

US is the new favourite destination for India Inc

US is the new favourite destination for India Inc

Wed, Nov 15, 2017

Commerce and Industry Minister Nirmala Sitharaman said Prime Minister Narendra Modi has directed that every proposal that entails some expenditure must lead to job creation and need to include jobs estimate.

How does Indian government's fiscal situation look

How does Indian government's fiscal situation look

Fri, Nov 03, 2017

Finance Minister Arun Jaitley in February 2017 announced India's Union Budget 2017-18 in Lok Sabha. So far two quarters have completed and the performance of the government's account in this period provides better picture of where India's economy stand.

Job creation in India Inc grows at slower pace; Banks, IT, Healthcare top employers

Job creation in India Inc grows at slower pace; Banks, IT, Healthcare top employers

Tue, Oct 31, 2017

Banks, IT, retailing, and healthcare continue to provide increasing job opportunities while sectors like mining, power, telecom have witnessed reduction in the employees.

India Inc pitches for cut in interest rates by RBI

India Inc pitches for cut in interest rates by RBI

Mon, Oct 16, 2017

Reacting to the numbers, Ficci (Federation of Indian Chambers of Commerce and Industry) President Pankaj Patel said overall, inflation remains within RBI's indicative trajectory and this is an encouraging sign.

Q2FY18 preview: India Inc to see another moderate quarter

Q2FY18 preview: India Inc to see another moderate quarter

Thu, Oct 05, 2017

India Inc has been performing on single-digit growth since the past few quarters, and looks like the second quarter of fiscal year 2017-18 (Q2FY18) will be no different.

Sales growth slows but profits of India Inc in first quarter fall

Sales growth slows but profits of India Inc in first quarter fall

Mon, Aug 21, 2017

Large companies accounted for over 75% of the share in terms of total net sales but they recorded lower net profits of about 23.2% y-o-y in Q1 FY18. Those at the lower end of the size scales witnessed negative growth in both sales and profit.

Over 12 lakh businesses apply for new GST registration

Over 12 lakh businesses apply for new GST registration

Sat, Jul 29, 2017

"The figure of new registrations approved in GST crosses 10 lakhs today. About 2 lakh applications pending in process," Revenue Secretary Hasmukh Adhia tweeted.

Biz get time till Aug 16 to opt for GST composition scheme

Biz get time till Aug 16 to opt for GST composition scheme

Sun, Jul 23, 2017

"With a view to ease the compliance burden of provisionally migrated small taxpayers opting to pay tax under the composition scheme, it has been decided to extend the time limit for filing intimation for composition levy up to August 16, 2017," the finance ministry said in a statement.

India Inc's owes Rs 27 lakh crore in loan payments

India Inc's owes Rs 27 lakh crore in loan payments

Thu, Jun 22, 2017

Despite reporting positive performance in FY17, India Inc still faces hard time repaying its debt. Outstanding loan funds reached to Rs 26.5 lakh crore in FY17.

India Inc reiterates rate cut demand as IIP growth slows, CPI falls

India Inc reiterates rate cut demand as IIP growth slows, CPI falls

Tue, Jun 13, 2017

With slowing down of industrial production growth to 3.1 % in April and falling consumer price index to 2.18 % in May, industry players on Monday reiterated its demand for an interest rate cut by the Reserve Bank of India.

RBI's new rules may make India Inc shun masala bonds

RBI's new rules may make India Inc shun masala bonds

Thu, Jun 08, 2017

RBI has made some changes to rules pertaining to masala bonds that may make this fundraising route less attractive.

Banking, IT, Oil, Finance sectors accounted 69% of India Inc's earnings this Q4FY17

Banking, IT, Oil, Finance sectors accounted 69% of India Inc's earnings this Q4FY17

Mon, Jun 05, 2017

Despite their current problems - banking, IT, oil and finance sector dominated India Inc's earnings accounting for 69% of India Inc's earnings this Q4FY17.

How Indian millennials are changing dynamics of workplace

How Indian millennials are changing dynamics of workplace

Sun, Jun 04, 2017

With millennials slowly taking over and likely to soon dominate the leadership roles, organisations are rapidly changing their working environment to suit the younger generation, according to industry experts.

Rupee, Credit profile of steel, infrastructure & telecom to impact India Inc in FY18

Thu, Jun 01, 2017

Due to their low in ability of refinancing credit, sectors like telecom, steel and infrastructure will remain under-pressure even in FY18. Rupee appreciation will be another factor that will haunt steel and infrastructure sector.

Corporate bonds via private placement crosses over Rs 7 lakh crore in FY17

Corporate bonds via private placement crosses over Rs 7 lakh crore in FY17

Wed, May 17, 2017

Fund mobilisation through corporate bonds on private placement has reached to a whole new level – over Rs 7.03 lakh crore in the financial year 2016-17, Prime Database data show.

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