Page 57 - Indian Companies

Overseas listings dry up as Indian companies eye domestic market

The decadal average of funds raised through this route is currently at its lowest on record

Cabinet approves proposal for overseas listing of Indian companies

Corporate Affairs Secretary Injeti Srinivas said the Act would have an enabling provision for listed as well as unlisted companies in India to list their shares abroad.

Coronavirus can hit Indian companies amid supply chain disruptions: Report

Coronavirus outbreak could cause a dent to the recovery of the Indian economy amid supply chain disruptions and inflationary pressures, a report said on Thursday. According to Dun & Bradstreet's Economy Observer report, manufacturing companies could face production disruptions if the length of the outbreak gets prolonged and their supply chain is not restored to normalcy. "The outbreak of coronavirus, through the direct and indirect linkages of trade and commerce and global supply chain, could impact Indian companies," said Arun Singh, Chief Economist Dun & Bradstreet India. Singh further said that inflationary pressures are likely to rise, at least in the short term, through the channels of uncertainty and disruption in the supply chain. The coronavirus outbreak has brought a large part of the world's second-largest economy China to a standstill and its impact has been felt across industries. On January 30, the World Health Organization (WHO) declared the coronavirus ...

More firms in India complying with CSR norms under Companies Act: Report

CSR-related disclosures need to be made in the annual report in the format prescribed by the Act

Indian firms' foreign borrowings dip 45% to $2.09 bn in Dec 2019: RBI data

Cholamandalam Investment and Finance Company was the only company to have floated masala bonds overseas

Coronavirus outbreak may impact India Inc's fund-raising via IPOs, QIPs

Roadshows are integral to fund-raising - foreign investors get to meet the promoters and query them face-to-face on company prospects

Companies likely to change dividend tax policy after Budget changes

Analysis of S&P BSE 500 companies suggests that promoters of Indian private-sector companies in particular could end up paying at least 20 per cent more as additional tax on the same dividend income

Brazilian President Bolsonaro calls for investments by Indian companies

Brazil is pushing India to expand its footprint in the country's mining, power and agri business sectors

Govt likely to allow Indian companies list their equity shares overseas

Currently, quite a few Indian companies have American Depository Receipts (ADRs) that are traded in the US. Some other corporates have their Global Depository Receipts (GDRs).

Six of 10 most-valued firms add Rs 62,773 cr in m-cap; RIL, HUL top gainers

The market cap of ITC rose by Rs 2,273.86 crore to Rs 2,94,802.65 crore

Automation, AI offer rich promises to Indian firms despite slow growth

For 2019, Nasscom said it was 'cautiously optimistic' and cited rising global economic uncertainties arising out of trade wars and protectionism

Why, how, and to what extent AI could enter the decision-making boardroom?

Through the use of AI, the board could have access to independently assessed and analysed data.

Indian firms should list overseas, improve governance: Kris Gopalakrishnan

The global and domestic economy will grow and to capitalise on the same companies need to invest in innovation, he said

India needs to outflank China in Africa: Exim Bank CEO Rasquinha

Adding that exporters needed to outflank the Chinese and not fight them, Rasquinha said exporters need to tie up with Japanese companies

The 'social' aspect of ESG

The debate on diversity is expanding to include ethnicity, disability and sexual orientation, not only on board but also in senior management

Letters to BS: Indian companies must practise what we preach to others

Indian firms wishing to do business abroad must meet internationally accepted standards and have the ability/capacity to adhere to the laws as well as the regulatory requirements in those countries

Over 338,000 firms deregistered from official records in FY18, FY19: Govt

RoCs can remove the names of such companies from the official records in case they have not applied for dormant status under the Companies Act, 2013.

Indian IT firms open up to cloud, seek to ramp up spending next year

Cloud spend is seen as the key growth driver in 2020 as large traditional enterprises like Pentagon give out multi-billion dollar contracts

Weak corporate earnings in H1 FY20 reflect overall economic slowdown: CARE

The growth in power and fuel cost witnessed a significant moderation from 16.5% in H1 FY19

Govt may re-introduce curbs on royalty payments for technology transfer

Royalty is paid to a foreign collaborator for the transfer of technology, usage of brand or trademarks