Page 46 - Indian Companies

Centre to ask foreign firms to use more local materials for govt projects

Indian authorities have been aggressively promoting Prime Minister Narendra Modi's flagship campaign of a self-reliant economy by urging domestic manufacturers to cut down on imports

No procurement from nations where Indian tenders prohibited: Govt

The government has barred companies from countries, which do not allow Indian firms to participate in their government procurement, from participating in any government procurement tenders in India

More than 1,000 listed companies file June quarter numbers in September

Some believe the Sebi should now revert to the original deadlines as such leeways keeps investors in the dark

Parliamentary panel bats for abolishing LTCG on startup investments

This should apply to investments made through collective investment vehicles such as angel funds, alternate investment funds and investment LLPs

'Unshackle AIFs to boost high-growth imperative'

A normalisation of the definition of "capital assets" for Indian AIFs will ensure that they can compete fairly with global capital on home soil

Guaranteed loans have multiplier effect

Government guarantee will help and restart businesses which will kickstart the virtuous circle of employment, consumption, and growth

Govt plans secondary listing for firms joining foreign markets: Report

India said in March it would allow local firms to directly list abroad to better access foreign capital for growth, but the rules have yet to be decided

Suicides by businesspeople: Seeking help is necessary, say psychiatrists

A total of 9,052 such cases were seen in 2019, an increase of 13.3 per cent over the previous year

Weak demand continues to be a main challenge for companies: Survey

More companies (5 percentage points) now expect the economy to come to normal levels in one year than in June

RBI's loan restructuring scheme: Here's how it benefits you

The debt restructuring process involves a reduction of the interest rates on loans or an extension of its repayment tenure, or both

Kamath panel recommendations: 1,027 listed firms eligible for debt recast

These exclude banks, insurers, and NBFC

Covid-19 impact: MCA gives companies three more months to hold AGM for FY20

Companies are required to hold the AGM within six months of the end of a financial year

Indian firms did well against cyberattacks after chaos amid lockdown: EY

EY in its Global Integrity Report 2020 had found that cybercriminals, trying to exploit the fears and uncertainties around the virus, have stepped up phishing and ransomware attacks

Annapoorna Masalas eyes 5X top-line growth to Rs 200 cr in three years

Firm plans to expand its current product portfolio of 53 products and 101 stock-keeping units (SKUs) to over 80 products and 130 SKUs

Once nearly half, China's market capitalisation is now 5x India's

According to Bloomberg data, China's m-cap stood at just $407 billion in May 2006 - 45 per cent below India's m-cap of $745 billion

Why Premjis, Ambanis and Nadars beat non-family run companies

Family-owned businesses outdo peers in returns since 2006, suggests a Credit Suisse report

Covid-19: 1,700 mid-size companies need debt restructuring, says CRISIL

The average debt size of these companies in CRISIL's rated portfolio, excluding outliers, is around Rs 25-30 crore

A home on rent for your furniture storage amid Covid-19 pandemic

Self-storages spaces have seen a spurt in demand from professionals in big cities who have chosen to leave for their hometowns following the lockdown

Jaquar Group to start production at two new factories in October

The firm, which invested around Rs 200 crore in capex for the units, expects additional employment to range between 1,500 and 2,000 workers at full production

Fee discord stokes company-auditor divorces amid Covid-19 pandemic

So far this year, nearly 12 firms have reported resignations by their auditors due to disagreement over fees