INDIA INC

Indian companies faced a decline in interest coverage ratio to 4.8% in the September quarter. This was due to rising interest costs and slower growth in operating profit. Interest costs surged by 7.2% year-on-year, while revenue growth slowed down t...

The second quarter of FY25 saw mixed financial results for Nifty 50 companies. While Pharma and Realty thrived, Energy and Infrastructure struggled. Factors like uneven rainfall and inflation impacted sectors like FMCG and Auto. Despite challenges, ...

India's Chief Economic Advisor, V Anantha Nageswaran, cautioned Indian businesses against relying on a weak currency to boost exports. He emphasized that while a weaker currency can make exports cheaper, it shouldn't replace productivity and innovat...

Indian companies, excluding oil and gas, reported solid double-digit profit growth for the seventh consecutive quarter, although the pace of expansion slowed. While banks and finance companies performed well, overall earnings were subdued due to a h...

Vedanta Ltd., a metals and mining company, announced a planned investment of nearly USD 500 million in its display glass unit, AvanStrate Inc. The investment aims to bolster ASI's research, development, and manufacturing capabilities to meet the inc...

Indian industry bodies have submitted their wishlist for the upcoming budget, calling for an amnesty scheme for customs, tax cuts for individuals and LLPs, and streamlined tax compliance processes. They also urged the government to expedite faceless...

"This Diwali, we are celebrating with our delivery partners by recognising their dedication, including awarding bikes to top performers," said Pallavi Tyagi, CMO, Ecom Express. Ecom Express is also conducting team bonding activities like fun games, ...

After a lackluster 2023, corporate gifting companies like IGP, FNP, PrintStop, Loopify, and Swageazy are experiencing a 25-50% increase in business this season. Many companies that reduced or eliminated gifting last year are now loosening their budg...

Indian Inc's revenue growth slowed to 5-7% in Q2 of FY25, driven by poor performance in construction, industrial commodities, and agriculture. However, sectors like IT services, pharmaceuticals, and consumer discretionary saw strong growth, resultin...

India Inc experienced its slowest revenue growth in four years, hitting 5-7% due to stagnation in construction, industrial commodities, and investment-linked sectors. Key boosts came from pharmaceuticals and IT services, as overall profitability imp...

Indian companies are grappling with a sharp rise in cyberattacks, nearly double the global average. Large conglomerates like Reliance and Tata are targeted due to their extensive data and reputation. Boards are increasingly vigilant, mandating regul...

Amid India's evolving risk landscape, a report by TATA AIG and Dun & Bradstreet reveals businesses are prioritizing technological, legal, and geopolitical risks. Concerns span data privacy, environmental regulations, and economic fluctuations, under...

Jio Finance and Blackrock Inc are planning to collaborate to enter India's Asset Management Industry. They have received preliminary approval from SEBI and are working towards establishing a joint venture company. This partnership will focus on inve...

BlackRock Inc., the world's largest asset manager, is negotiating with Mukesh Ambani's Jio Financial Services to establish a 50-50 joint venture focused on private credit in India. This venture aims to lend to a range of businesses, from large corpo...

India Inc increased CSR spending on non-traditional segments like sports, art, culture, and women empowerment by 68% to ?1,800 crore in 2022-23. Education received the highest CSR funds totaling ?10,085 crore, while health spending decreased to ?6,8...

A LinkedIn report highlights that 90% of Indian professionals are seeking more support in evolving workplaces. The biggest opportunity lies in integrating AI, with 62% believing it's crucial for career growth. Video formats, particularly short-form ...

In the first half of the fiscal year, India Ratings and Research (Ind-Ra) upgraded ratings for 202 corporate issuers, indicating continued robust performance. Large and 'A' rated corporates saw significant improvements due to steady economic growth,...

The KPMG ESG Conclave and Awards 2024, in partnership with CNBC-TV18, focused on strategies for inclusive and sustainable growth. Discussions highlighted the importance of aligning business practices with ESG goals. The event also featured panel dis...

India, poised to become the world's third-largest economy by decade's end, is on a high-growth trajectory. Despite challenges like high funding costs and sluggish demand recovery, sectors such as consumer products, ecommerce, healthcare, and technol...