Page 39 - Indian Companies

FMCG firms may hike prices to offset inflationary pressure on raw material

FMCG firms, which are facing inflationary pressure on their key raw material inputs, are considering marginal hike on their products price to offset it

M-cap of BSE-listed firms zoom to fresh record high of over Rs 195.2 trn

The market capitalisation of BSE-listed companies zoomed to a fresh lifetime high of over Rs 195.21 trillion in morning trade on Friday as markets returned to winning ways after two days of decline

The long-term growth opportunity 2021 presents

The digital super cycle will encompass progress in all areas and will accelerate further on advancements in machine learning and artificial intelligence

India to have 50-plus strong 'Unicorn club' in 2021: Nasscom-Zinnov report

India saw 12 new unicorns being created in 2020, the highest ever addition in a single year, and is on track to have a 50-plus strong 'Unicorn club' in 2021, a Nasscom-Zinnov report said. Unicorns are companies having valuation of more than USD 1 billion. The report titled 'Indian Tech Start-up Ecosystem On the March to Trillion Dollar Digital Economy' said the Indian tech start-up base is witnessing a steady growth of 8-10 per cent year-on-year, and over 1,600 tech start-ups were added in 2020. Although cautiously optimistic, the report said 2021 promises a return to normalcy for the Indian tech start-up ecosystem and deep-tech and new start-up hubs will continue to grow at 40-45 per cent CAGR, it said. India is on track to have a 50-plus strong 'Unicorn club' (companies with over USD 1 billion in valuation) in 2021 (from 38 in 2020), and M&A deals and IPO pipeline are also expected to accelerate in 2021, it added. The report said over 2,100 start-ups are leveraging deep-tech, .

PLI Scheme: Dixon CMD Sunil Vachani is ready for the next big leap

A two-part series looks at how two home-grown manufacturers are leveraging the govt's production-linked incentive scheme

Prepack insolvency resolution: Swiss Challenge options, IBC tweaks on cards

The prepack is to start with a base resolution plan (BRP), which will face a Swiss Challenge; and this should come from the promoters if they are eligible and interested

Share buybacks fail to boost firms' long-term stock performance

Since April 2017, 176 companies have repurchased their shares. Some of them have done multiple buybacks. Of these shares of 111 companies are trading currently below the price

RailTel to Indigo Paints: January likely to see IPOs worth Rs 8,000 crore

RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation (IRFC), and Suryoday Small Finance Bank are among the companies looking to tap the market

Telecom, pharma on revival path as businesses limp back to pre-Covid levels

In the second part of the series, we are looking at the telecom, pharma, and automotive sectors

CBI books Shakti Bhog Foods in alleged Rs 3,269-crore bank fraud case

The CBI has booked Delhi-based Shakti Bhog Foods Limited for an alleged fraud of Rs 3,269 crore on a consortium of 10 banks led by the State Bank of India (SBI), officials said on Friday.

Corporate reforms top govt's agenda for 2021 amid return to normalcy

Experts feel the government is likely to carry forward this theme in the corporate sector next year.

Brexit to benefit Indian firms only in the long run, say analysts

Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names

Return of rent-seeking

PLI schemes have already set off the expected lobbying

Share of family-owned firms in total market capitalisation rises to 64.5%

The combined m-cap of all private sector companies rose by 24.4 per cent this year to Rs 142.4 trillion as of December 24, up from Rs 114.5 trillion at the end of December 2019

In search of Covid capital, companies raised Rs 1.7 trillion in 2020

Of this, Rs 1.44 trillion was raised through QIPs and rights issues

Indian businesses in Britain welcome EU-UK trade and cooperation agreement

Domestic banks operating in Britain are among 5,500 with passport authorisations into Europe

WFH to 'phygital' and virtual commute: How Covid has changed working world

What is 'normal' going to look like for offices in the new year?

Covid-19 impact: E-grocery to grow at a much faster rate beyond 2020

Likely to become $18-billion market by 2024 with Tatas, Reliance throwing their hats in the ring

On the road to recovery: Marquee companies raise advance tax payment

Larsen & Toubro (L&T), state-owned heavyweight Indian Oil Corporation (IOC), IT major Infosys, Tech Mahindra, and private banks ICICI Bank and Kotak Mahindra Bank led the table

Antony Waste Handling Cell IPO subscribed 15 times on the last day

Antony Waste had priced its IPO between Rs 313 and Rs 315 per share