Page 50 - Indian Companies

Decline in order inflow at L&T does not augur well for capital goods sector

Even though it was better than what analysts had expected, it still paints a bleak picture.

Layoffs during pandemic shows India Inc's lack of empathy: Ratan Tata

Several Tata Group companies, including its airlines, hotels, financial services, and auto business, are severely hit, but have not laid off employees to date

Promoters of loan defaulting companies to soon face crackdown by lenders

With apex court's backing, banks to speed up enforcing personal guarantees

Total registered firms top 2 million at June-end; over 740,000 closed: Govt

The latest data from the corporate affairs ministry also showed that there were little over 1,215,000 active companies as on June 30.

Galwan Valley face-off: Indian tech firms shun China, switch to US camp

In April, the Centre had changed foreign direct investment norms and introduced a pre-clearance mechanism on investments from China

HR dept has its work cut out as companies manage layoffs, work from home

Inducting new employees virtually and deciding about earned leave: HR managers have lots of decisions to make.

Reimagining CSR

For long it was considered that a company is collective of shareholders and, therefore, the best interest of shareholders is the best interest of the company

Fewer takers for smaller companies' shares amid the Covid-19 crisis

A total of 423 stocks declared illiquid in June quarter, up from 340 a year ago and and 223 in June 2018

Letter to BS: Firms should focus more on customer satisfaction than profits

In spite of the Consumer Protection Act, 2019, the consumer's awareness about the quality of product or service remains low.

Covid-19 scare: Deaths at work raise questions over compensation

Without laws specific to the pandemic, compensation is left to the discretion of companies

If govt does not take immediate fiscal steps, MSMEs will die: Pronab Sen

Sen said that while the lockdown had created supply side shocks, these had transformed into demand side issues now when the lockdown was being lifted.

Covid-19 crisis: Strategy change spurred business revival, says InMobi

However, the home-grown mobile marketing and advertising software firm will have to wait for at least six months to achieve $1 billion in revenue, said Founder and CEO Naveen Tewari

Double-digit decline for PepsiCo's India revenue amid Covid-19 crisis

The firm's sales of snacks and beverages during the period was hit as lockdowns kept sporting events off ground and hotels, malls, restaurants, and multiplexes shut to contain the spread of Covid-19.

Indian industry welcomes UK govt's post-Brexit immigration regime

The ongoing Brexit transition period concludes at the end of December this year, when the UK will no longer be part of the European Union (EU) free movement of people rules

Tata Consultancy Services lifts curb on lateral hiring amid Covid-19 crisis

The Mumbai-headquartered company, however, said it would selectively hire experienced employees from outside.

Default risk for Indian companies drops at fastest pace in decade

The cost to insure against nonpayment by a basket of Indian companies, including Reliance Industries and State Bank of India, dropped by 252 basis points in May and June combined

Over half of Indian firms 'vulnerable' on wage payments, says Crisil

Ashu Suyash, the MD and CEO of the agency, said it has done an analysis of 40,000 companies having a collective wage bill of Rs 12 trillion, which revealed the grim situation.

Companies, e-comm firms need to show 'country of origin' on products: Govt

The provision of declaration of 'country of origin' has been in place since January 2018 for all manufacturers, importers, packers and e-commerce players

Majority companies report 5% revenue de-growth in Q4FY20: SBI Ecowrap

The report pointed out that sectors also suffered from around 30% dip in operating profit as well as bottom line

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Leading business houses report pre-tax loss of Rs 19,342 crore in Q4