Page 28 - Indian Companies
Covid-19 stress: Companies may not get immediate relief measures
Some of the exemptions given as part of Covid relief measures last year would come to an end in June 2021
 "Covid-19 stress: Companies may not get immediate relief measures")
Positive start to Q4 corporate earnings; combined net profit 36.2%
Earnings growth in the early-bird sample has been driven BY banks and iron & steel companies.
 "Positive start to Q4 corporate earnings; combined net profit 36.2%")
Our deal pipeline at present is the best in last few years: Tech Mahindra
The company's MD & CEO C P Gurnani and president (BFSI, HLS and corporate development) Vivek Agarwal talk to Shivani Shinde on the business momentum and M&A pace
 "Our deal pipeline at present is the best in last few years: Tech Mahindra")
Indian companies go slow on long-term bonds amid Covid-19 concerns
They will likely rely on short-term ones if the pandemic continues longer
 "Indian companies go slow on long-term bonds amid Covid-19 concerns")
India Inc may have to keep date with filings as Sebi cites partial lockdown
Auditors struggle with Covid, but no extension likely for FY21 earnings reports
 "India Inc may have to keep date with filings as Sebi cites partial lockdown")
Big groups plan O2 storage, transport; PM Cares Fund for 551 plants
The government is using "linear programming", an operation research tool, to get oxygen to cities from their nearest sources
 "Big groups plan O2 storage, transport; PM Cares Fund for 551 plants")
Govt examining industry demands; breather on tax compliance deadline likely
Proposals for a 3-month extension of compliance timeline being considered
 "Govt examining industry demands; breather on tax compliance deadline likely")
Negative outlook list may get longer, Q1 biz to be hit: Rating agencies
In February, things seemed to be coming under control with vaccination, giving the impression the system would cope with the pandemic
 "Negative outlook list may get longer, Q1 biz to be hit: Rating agencies")
The start, not the end, of Unicorn seeding
Conditions are ripe in a broad range of sectors for strong growth and innovation
A woke board for India
Are Indian boards too docile when dealing with the State? Should they be more vocal regarding policy?
Govt panel to iron out e-commerce delivery hurdles in curfew-hit states
E-commerce firms also making arrangements to keep their supply chains running
 "Govt panel to iron out e-commerce delivery hurdles in curfew-hit states")
Govt limits industrial use of oxygen amid spike in Covid-19 cases
The decision to restrict the industrial usage of oxygen has been taken to meet the rising demand for medical oxygen
 "Govt limits industrial use of oxygen amid spike in Covid-19 cases")
Blocking and chaining resume fraud
A mini-industry has come up to manage employee background checks. Studies indicate that one in five resumes have information discrepancy that is serious enough to be considered a fraud
 "Blocking and chaining resume fraud")
Markets could see a time and price correction: Valentis Advisors MD
Returns in FY22 will be relatively more muted, but still healthy in the low double-digits, said MD Jaipuria
 "Markets could see a time and price correction: Valentis Advisors MD")
Mindtree ticks double-digit growth to ride on strong deal pipeline
After a strong finish to FY21, the key trigger for the stock would be the growth metrics the company will deliver in FY22
 "Mindtree ticks double-digit growth to ride on strong deal pipeline")
Winning Air India bidder may need to furnish Rs 15,000-crore guarantee
A former finance head of the airline said some of the lease rentals may not have been paid lately due to the severe cash crunch
 "Winning Air India bidder may need to furnish Rs 15,000-crore guarantee")
Pre-packaged insolvency for small & medium firms
A notable feature of the ordinance is the pre-packaged process' two-step voting structure
 "Pre-packaged insolvency for small & medium firms")
Lo! Foods raises $1mn in pre-series A funding led by Chona Family Office
Bengaluru-based Lo! Foods on Friday said it has raised USD 1 million (about Rs 7.4 crore) in funding, led by the Chona Family Office, the erstwhile promoters of Havmor Ice Cream. The pre-series A round also saw participation from Ecosystem Ventures, Raveen Sastry (Co-Founder, Multiply Ventures), KRS Jamwal, Pratyush Prasanna (Gojek) among others, a statement said. The funds will be used towards accelerating growth, strengthening existing distribution networks and ramping up marketing, it added. Started in 2019 by Sudarshan Gangrade, Lo! Foods offers low-carb and Keto-friendly packaged products. It also has also ramped up to 20 cloud kitchens across Bengaluru, Delhi, Gurugram and Hyderabad that offer fresh low-carb food on demand through food delivery apps. * * * * AnKa SumMor raises Rs 3 cr funding led by Inflection Point Ventures * AnKa SumMor, a Sales and Distribution (S&D) platform for the FMCG sector, on Friday said it has raised Rs 3 crore in funding, led by Inflection ...
 "Lo! Foods raises $1mn in pre-series A funding led by Chona Family Office")
Governance: Putting the 'G' in ESG
A study found that over the 12 months, governance consistently ranked second, behind only a company's products, as a driver of corporate reputation
Best of BS Opinion: Legality versus morality, rising Covid-19 cases & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Legality versus morality, rising Covid-19 cases & more")
