Page 43 - India Inc

India Inc raises Rs 1.4-lakh crore via equities in 2017

The amount is more than double when compared with the entire previous calendar year

India Inc foreign borrowings down 40 per cent

No new capacity addition is planned for 2018 and capital expenditure plans are on hold

India Inc raises over Rs 36,000 cr via QIP in Apr-Sept

QIP is an alternative mode of resource raising available for listed companies to raise funds from domestic market

India Inc pitches for cut in interest rates by RBI

Wholesale inflation fell to 2.60% in September as prices of food articles, led by vegetables, softened

Disqualification of directors to hurt India Inc: Legal experts

They liken the move to the barring of 331 suspected shell firms, without following principles of natural justice

Govt to set up panel to ease regulatory hurdles

Relax fiscal consolidation, boost public capex and reduce cost of finance, industry demands

Lesson from Mistry, Sikka exits: India Inc fumbles in succession

Experts blame hurried processes with lack of clarity about the kind of leader one wants to have

India Inc targeting strategic cost reduction initiatives: Deloitte survey

Indian companies have set the most aggressive cost reduction targets in the APAC region

India Inc's net worth gets big boost from Ind AS

However, 17 firms witnessed a decline of Rs 35,000 crore in their net worth after the transition

Pay gap: Indian CEOs earn up to 1,200 times more than the average employee

TCS saw the ratio between top-paid executive pay & median employee remuneration rise to 515 times

Statsguru: India Inc's debt dynamics

The financial position of India Inc is deteriorating

India Inc's investment growth hits 25-year low

Fresh investments by corporates up just 5.8% in FY17, lowest since 1992

India Inc's foreign borrowings dip

The RDB route has become a popular source of fund raising

Unfortunate that India Inc has not invested enough in innovation: President

Pranab Mukherjee on Tuesday said the lack of investment was 'unfortunate'

Graphic: India Inc is coming out of the woods

The interest coverage ratio has improved to 5.4 times in FY17 from 4.9 times a year ago

Financial stress spreads in India Inc despite improvement in profitability

85 firms had interest obligations higher than their operating profits in FY17, up from 67 in FY16

The telling silence of India Inc

With Mr Modi's parliamentary majority, India Inc, turned up the praise to full throttle

Credit rating agencies downgrade debt instruments of 116 companies

Debt instruments of 42 companies were rated in the default category in January-May

India Inc displays pricing muscle in Q4

Premiumisation, improving demand aid realisation growth at most large firms

India Inc begins to shed loss-making foreign assets acquired in boom years

After almost a decade of problems, Indian companies are taking clear steps to rid unprofitable foreign assets they'd acquired during the boom years of 2006-07. Tata Steel, Hindalco and JSW Steel have either sold off the stake in their foreign subsidiaries or taken impairment provisions on their assets in the March quarter.On Tuesday, Tata Steel announced it would pay around $711 million to the British Steel Pension Scheme (BSPS), and offer the latter a 33 percent equity stake in its UK business. The deal would help Tata Steel to finally merge its European business with Germany's ThyssenKrupp. This would de-risk the parent company, Tata Steel, whose debt was Rs 73,000 crore as of March and has lost billions since the $12.1 bn acquisition of Corus Steel in 2007. Tata Steel Europe was named a "hot spot" by former Tata Group chairman Cyrus Mistry soon after he was ousted in October last year. "We are upbeat on the recent developments in the UK pension scheme, as this will not only ...