Corporate

Work from the office, get laid off at home: Was that a good idea?

With offices open again, and remote work more common, companies now have options - and it's not necessarily clear what is best for workers

More directors paid Rs 1 lakh per board meeting than before pandemic

Number of board meetings have also gone up post pandemic according to Excellence Enablers' Survey on Corporate Governance

Corporate India recognises need for flexibility, skilled workforce: Study

A significant percentage of organizations understand the current skills and development needs of their employees and are providing access to upskilling or reskilling opportunities to all employees, says a study. According to Mercer's 2023 Global Talent Trends study, 64 per cent of companies surveyed offer flexible work options for all employees and 54 per cent of organizations have total well-being initiatives. Mercer conducts a comprehensive Global Talent Trends study that includes the perspectives of CXOs, HR leaders and experts, and employees. As many as 124 HR leaders participated in the pulse survey, representing approximately 8,00,000 employees across technology, auto, manufacturing, professional and financial services sectors. Amid external challenging environmental situations laden with inflation, recession and tight labour market concerns, 45 per cent of the companies in India are redesigning work with employee well-being in mind such as realistic workload, no-meeting days

Hindenburg allegations against Adani puts investor trust in India in doubt

If Hindenburg is right, then a network of shadowy operators has placed itself right in the middle of those conflicting impulses

Variable capital firms to boost India's fund management space, says Sahoo

Such entities have a variable capital base as they issues and redeems shares on an on-going basis. With every issue or redemption, the capital base of the VCC changes

Flex spaces in demand as 35-40% of firms prefer hybrid working: Awfis study

Survey finds that 45% of companies are looking for new office spaces including conventional and flexible ones, 35% have adopted a multi-office approach by collaborating with co-working spaces

Best of BS Opinion: Chinese chequers on the LAC, women on boards, and more

Here is the best of Business Standard's opinion pieces for today

Hybrid working here to stay; 63% corporates embracing it, says survey

Hybrid working is here to stay as about 63 per cent of corporates are currently embracing the flexible model, according to a survey by Colliers India. Real estate consultant Colliers surveyed occupiers of office space to understand their current and future workplace strategies. The survey was carried out during May-June 2022 across various occupier segments and about 300 responses were received from occupiers. Small-sized (less than 500 employees), mid-sized (501-5000 employees) and large-sized firms (over 5,000 employees) participated in the survey. "Three days a week in the office seems to be the most popular mode, furthering business goals and at the same offering work-life balance to employees," Colliers India said in its report -- Hybrid working: Occupiers' narrative 2022. As per the survey, 26 per cent of occupiers are preferring 3 days a week, 17 per cent 4 days a week, 9 per cent 2 days a week and 11 per cent one day a week. As many as 28 per cent of occupiers are opting

Credit to industry hits 8-year high as corporations opt for bank funding

According to the latest Reserve Bank of India (RBI) data, loans to micro, small, medium, and large industries rose to Rs 31.82 trillion as of July end, up 10.5 per cent year-on-year (YoY).

MCA tweaks rules about company deposits, enhances statutory auditors' role

The new rules, according to experts, will widen the responsibility of directors to the statutory auditors. They came into effect on August 29

Corporate defaults may rise again on cost pressures: Crisil report

Crisil warned of more companies defaulting on their debt obligations as it expects withdrawal of pandemic-induced relief measures coupled with volatile input prices creating cost pressures

Global dealmaking braces for dry spell as boardrooms put expansion on hold

Russia's invasion of Ukraine in February and fears that an economic recession is looming dealt a blow to merger and acquisition (M&A) activity in the second quarter.

Corporate profit-to-GDP ratio attains 11-year high of 4.3% in FY22

Performance comes on the back of 48% YoY growth in bottomline. GDP also expanded 19.5% in FY22 after contracting in FY21 due to Covid-19 disruptions

UP govt likely to launch projects worth Rs 70,000 cr in June; PM may attend

Many corporate honchos, including those of Adani Group, Microsoft India, Reliance Industries, Hiranandani Group, Birla Group and ITC, are also likely to attend the event, the spokesman said

83% of people in India believe bots will succeed where humans failed: Study

People around the world are demanding more progress on sustainability and social efforts and are looking to businesses to step up

79% professionals plan to upskill in 2022: Upskilling Outlook in India rpt

As jobs in newer domains soared high in 2021, more than 70% of people chose to upskill to grab new opportunities

Eco Survey: Formalisation of economy increased corporate tax collection

The corporate income tax registered a growth of 90.4 per cent over April-November 2020 and 22.5 per cent over April-November 2019

CAT Productions disrupted the corporate film status-quo in India, says CEO

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Dumping stocks to punish bad corporate behavior has tiny impact

Even as billions of dollars diverts toward firms scoring higher on environmental, social and governance measures, the funding costs for bad actors has hardly budged, a study has found

At 17.3%, India Inc badly lags presence of women board members: Report

Corporate India lags the rest of its Western and Asian peers by a wide margin when it comes to the presence of women on their boards