Page 6 - India Inc

Time to forge new bonds: Is corporate bond market at an inflection point?

Corporate bond issuance is looking impressive, but the market still has some distance to go before it can be considered deep

India Inc is beginning to take baby steps towards LGBTQ+ inclusion

Tata Steel, Godrej Consumer Products among those ushering in change

India Inc's foreign investment declines over 50% to $1.11 billion in July

India Inc's foreign direct investment in July declined over 50 per cent to USD 1.11 billion in July 2022, the Reserve Bank data showed. As per the RBI data, on Outward Foreign Direct Investment (OFDI), the domestic companies had invested over USD 2.56 billion in July 2021 in the form of equity, loan and issuances of guarantees. In a breakup, the Indian businesses invested USD 579.15 million by equity infusion, USD 193.21 million as loans and USD 337.49 million infused by issuing guarantees to their overseas ventures during July 2022. Among the major investors included Reliance Industries USD 160 million in its wholly-owned energy subsidiary in Singapore, Reliance Industrial Investments & Holdings USD 40.74 million in the fully-owned unit in retail business in the UK, and Ravindra Energy putting USD 33 million in its fully-owned unit in the UAE. Hasham Traders invested USD 32.71 million in a joint venture in the US, which is into financial services.

Input cost hike compresses India Inc's margin by 213 bps in Q1: Report

India Inc saw a 39 per cent jump in top lines during April-June quarter but their operating margins declined 213 basis points to 17.7 per cent due to input cost inflation, a report said on Monday. While companies passed on higher input costs in the form of commodity and energy cost, leading to revenue growth, the same led to margin compression, rating agency Icra said in a note based on the analysis of 620 listed companies, excluding financial sector entities. Margin compression was attributed to the supply chain disruptions triggered by the war in Ukraine. The report expects margins to recover from the second half. The sample 620 companies reported an aggregate revenue growth of 39.1 per cent on-year in the June quarter, which was optically aided by the low base of the previous year impacted by the second wave of the pandemic. Another major reason for the massive growth is price hikes across several sectors, the agency said. But sequentially, the top line grew by 1.5 per cent and

India's outbound deal value at $7.6 billion, rises for third year in a row

US upstages UK as biggest target for outbound deals in 2022

From NTPC to banks, India Inc make a dash for debt as yields plateau

Large state-run companies such as Power Finance Corp and NTPC raised funds recently, while REC and Indian Oil Corp are expected to tap the market by next week

Rethinking the start-up economy

This is a good time to give another thought to the place of start-ups in the world of finance and business

Number of companies looking for freshers to triple in H2CY22, shows data

The study, which analyses freshers' hiring sentiment, covers 865 companies across 18 industries and 14 locations

India Inc sees deal value decline as prime investments vanish: Reports

India Inc saw steepest decline in deal values owing to the lack of big-ticket investments last month, registering 171 mergers and acquisitions (M&A) and private equity (PE) deals valued at $2 billion, a new report has shown.

Did inflation hurt India Inc more than what markets expected in Q1?

Companies hiked prices to cushion their margin from inflation. But it hit the volumes in the rural markets. With the commodity prices cooling off, will the upcoming quarters be better for India Inc?

India Inc tells employees to return to office; IT firms take the lead

Wanting its employees to trade in their sweatpants for a sharp suit as Covid cases rise

Financials lead earnings in Q1; metal & mining, IT firms among laggards

BFSI companies together accounted for 48 per cent of the incremental growth in corporate profits on a year-on-year (YoY) basis in the quarter

India Inc's profits fall off record high in April-June quarter

Earnings lowest in four quarters; sales surge

Top Headlines: India Inc celebrates Theme Tiranga; CEO earnings up and more

India's 75th Independence Day calls for something unique and India Inc is stepping out in unusual ways to celebrate it, with employees, customers and trade partners

Freedom at 75: From Jio to Tata Steel - India Inc flags off Theme Tiranga

For most corporate houses, the 75th I-Day is about sending out a message of solidarity

Bang for their buck: Behind corporate India's asset efficiency

Businesses are doing better two years after the pandemic began, but not everyone is sailing smoothly

India Inc's capex costs to shoot up as RBI hikes repo rate by 50 bps

The biggest losers would be the rate-sensitive real estate and two-wheeler sectors, which may see demand coming down

India Inc's green push gets a fillip with amended Energy Conservation Bill

Share of thermal energy for manufacturing companies almost 95%

India's top companies flag slowdown concerns as global recession looms

Chairman of the top two consumer goods companies, namely ITC and HUL, were blunt in their assessment of the market

Q1 early-bird results show inflation effect on India Inc's profits

First sequential contraction in corporate earnings after 4 quarters of expansion