Page 38 - Indian Companies

India sees 19 IPOs worth $1.84 billion in 2020 December quarter: Report

Reflecting strong momentum, India witnessed 19 initial public offers worth $1.84 billion in the fourth quarter of 2020 and market sentiment remains positive in what could be a stellar 2021

Capex plans alive even during Covid-19; BSE100 firms add Rs 55K-cr assets

BSE100 firms add Rs 55K-cr assets amid pandemic, per Deloitte-Business Standard analysis

Consumer goods companies feel margin squeeze on raw material cost

After the initial spurt in demand after lockdown, manufacturers were hoping for a smooth run in the next few quarters

The iconic, incredible scooter Lambretta rides into the Indian sunset

Centuries of colonisation had sapped the Indian economy of its riches and cars were not an option. Scooters were.

Indian companies should remain agile to face future crisis: Birla

Birla in a webpost said the way Covid had hit people with comorbidities which were measurable and identifiable

Lofty earnings growth estimates, liquidity boom keep stocks afloat

Analysts are forecasting Nifty EPS to grow 60% by FY23

Companies call for demand creation and income tax relief in Budget

Only 28 per cent in Ficci survey are for fiscal consolidation

Indian cos mustn't get caught in covid co-morbidities: Kumar Mangalam Birla

Likens the way Covid impacted those with hypertension, diabetes etc, with the business shocks it delivered, while asserting that enterprises aren't genetically predisposed towards co-morbidities

How emerging uptick in commodity prices spells good news for Indian firms

A key reason the upswing in the commodity cycle is likely to help India is the relative performance of the dollar vis-a-vis the rupee

Mindtree net profit rises 65% to Rs 326 crore in December quarter

On a sequential basis, net profit grew 28.7 per cent and revenue was up 5.1 per cent.

India Inc's big boys: Share of large borrowers on banks' books decline

However, large advances in the SMA-0 (special mention accounts) category registered a quantum jump (155.6 per cent) over the previous quarter and 245.6 per cent over March 2020 levels

Brace for selective interest in stressed assets

With looming uncertainty, investors will be very selective, cautious and careful in allocating funds towards this asset class

Flipkart to Oyo, top 4 unicorns account for half of combined valuation

Indian unicorns notch up valuation of $128.9 bn in 2020; several looking at IPOs

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

IT and auto lead the spurt in hiring so far; most of the jobs for junior or entry levels

11 domestic companies in Hurun's top 500 list, India ranked 10th

The total value of these 11 companies grew 14 per cent and has been pegged at $805 billion or nearly a third of the Indian GDP

CEOs expect Budget 2021 to kick-start next wave of investment cycle

Companies plan to hire more, expect staff to return to offices in new year

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

The Budget will be presented in the backdrop of a revival of the economy and expectations of good corporate earnings in the December quarter

Promoter pledging declines to a two-year low of 11% in December

But value of pledged holding rises, buoyed by market rally

Peering into 2021

Macroeconomics in 2021 will turn on consumer demand and firm resolution

Q3 earnings preview: Nifty profit growth pegged at 10%, best in 5 quarters

Combined net profit of 50 index firms estimated at Rs 1.14 trillion, led by commodity producers