Corporate India

Corporate India News

India's job market strong as 54% companies plan to hire in October-December, shows survey
India

India's job market strong as 54% companies plan to hire in October-December, shows survey

As per the survey, in India, 64 per cent of companies expect to increase their staffing levels, 10 per cent anticipate a decrease in hiring intent and 24 per cent do not anticipate any change, resulting in a seasonally adjusted Net Employment Outlook of 54 per cent

Around 93% of employees are stressed about returning to office post-lockdown, finds survey; 85% want safety guidelines enforced
Business

Around 93% of employees are stressed about returning to office post-lockdown, finds survey; 85% want safety guidelines enforced

Employees expect their employers to take responsibility to ensure a healthy and safe environment for them as they prepare to return to work post-coronavirus and lockdown.

Coronavirus Outbreak: Business confidence at 'sharpest moderation' since global financial crisis of 2008-09, FICCI survey
Business

Coronavirus Outbreak: Business confidence at 'sharpest moderation' since global financial crisis of 2008-09, FICCI survey

A survey by industry body FICCI has "revealed sharpest moderation" in the confidence level of India Inc since the global financial crisis of 2008-09 as the coronavirus outbreak has adversely affected their businesses

Lockdown 2.0 guidelines: Industry backs move, calls for reopening export sectors from 20 April
Business

Lockdown 2.0 guidelines: Industry backs move, calls for reopening export sectors from 20 April

India Inc on Wednesday backed the government's move to allow industrial units located in rural areas to function from 20 April, and said it will ensure preventive measures for Covid-19 while restarting economic activities

Union minister Nitin Gadkari asks corporate India to clear outstanding payments to MSMEs
Business

Union minister Nitin Gadkari asks corporate India to clear outstanding payments to MSMEs

Union Minister Nitin Gadkari on Tuesday asked India Inc to clear huge outstanding payments to micro, small and medium enterprises at the earliest in order to ease the distress in the sector and inject liquidity into market

Corporate India's credit ratio drops to 3-year low in second half of FY20; negative outlook for FY21: CRISIL
Business

Corporate India's credit ratio drops to 3-year low in second half of FY20; negative outlook for FY21: CRISIL

CRISIL on Thursday said India Inc’s credit ratio fell to an over three-year low for the second half of FY20, and gave a “negative” outlook for FY21 expecting downgrades to continue outpacing upgrades due to the COVID-19 pandemic

Coronavirus Outbreak: Experts urge corporate India to avoid layoffs, pay cuts for faster recovery
Business

Coronavirus Outbreak: Experts urge corporate India to avoid layoffs, pay cuts for faster recovery

With the coronavirus pandemic threatening a sharp economic slowdown, experts are suggesting companies to adopt a humane approach in rationalising their expenses without going for across-the-board pay cuts or freezing of hikes to ensure a faster recovery from the slump

Coronavirus: Over 50% of corporate India sees impact on operations, 80% witness fall in cash flow
Business

Coronavirus: Over 50% of corporate India sees impact on operations, 80% witness fall in cash flow

In wake of the novel coronavirus (Covid-19) outbreak, over 50 percent of Indian companies see the impact on their operations and nearly 80 percent have witnessed a decline in cash flows, says a survey

Corporate India fears coronavirus will pull down GDP by 50 bps in FY2020-21; to push fiscal deficit, create more bad loans
Business

Corporate India fears coronavirus will pull down GDP by 50 bps in FY2020-21; to push fiscal deficit, create more bad loans

Corporate India is expecting a 0.5 percent hit on economic growth in FY2020-21 if the coronavirus pandemic lasts longer, pushing up fiscal deficit and creating more bad loans for the bank, says an industry survey

Govt receives 121 applications for compounding CSR-related offences
Business

Govt receives 121 applications for compounding CSR-related offences

Under the companies law, certain classes of companies have to shell out at least two percent of the average net profits, made during the three immediately preceding financial years, towards Corporate Social Responsibility (CSR) activities.

List of nominees for CNBC-TV18 Indian Business Leader Awards 2020 ready, winners to be honoured on 28 February
Business

List of nominees for CNBC-TV18 Indian Business Leader Awards 2020 ready, winners to be honoured on 28 February

The India Business Leader Awards (IBLA) honours high-achievers, outstanding leaders and true visionaries of corporate India.

Top J&K officials to visit Mumbai today, meet industry leaders to pitch business possibilities in Valley
Business

Top J&K officials to visit Mumbai today, meet industry leaders to pitch business possibilities in Valley

A global investors' summit is being planned at Srinagar in May, and the event in a city hotel is organised by industry lobby CII, which is also a national partner for the summit

RBI monetary policy: Corporate India pitches for rate cut going forward; welcomes economy-boosting measures
Business

RBI monetary policy: Corporate India pitches for rate cut going forward; welcomes economy-boosting measures

India Inc on Thursday welcomed the measures announced by the RBI to boost growth and improve liquidity, but called for slashing the policy rate, which was kept unchanged for the second time in a row

Union Budget 2020-21: Industry leaders draw govt attention on ease of doing business in India
Business

Union Budget 2020-21: Industry leaders draw govt attention on ease of doing business in India

India Inc leaders, including Bharti Enterprises Chairman Sunil Bharti Mittal, CII President Vikram Kirloskar and Assocham President Balkrishna Goenka, on Thursday asked the government to take measures to augment ease of doing business to "create more freedom for the industry to perform"

Nirmala Sitharaman exhorts Corporate India to expand CSR reach to poor, North East states
Business

Nirmala Sitharaman exhorts Corporate India to expand CSR reach to poor, North East states

Corporate Affairs Minister Nirmala Sitharaman on Tuesday exhorted India Inc to expand CSR reach to poor states like Jharkhand, Chattisgarh, Bihar and North East region

India ranks 63 in World Bank's Ease of Doing Business: Improvement is outcome of Narendra Modi govt's reforms, says Corporate India
Business

India ranks 63 in World Bank's Ease of Doing Business: Improvement is outcome of Narendra Modi govt's reforms, says Corporate India

India Inc on Thursday cheered as the country jumped 14 places to the 63rd position on the World Bank's ease of doing business ranking, and said the performance was an indicator of the Narendra Modi-led government's reformist credentials

Corporate tax cuts to create positive impact on economy, boost industry; now need to focus on spurring demand: India Inc
Business

Corporate tax cuts to create positive impact on economy, boost industry; now need to focus on spurring demand: India Inc

Industry leaders from diverse sectors such as manufacturing and services expect the reduction in corporate tax rates to create a positive impact on the economy, leading to a speedier turnaround

Spooked by Narendra Modi's plastics ban, corporate India seeks clarity, exemptions
Business

Spooked by Narendra Modi's plastics ban, corporate India seeks clarity, exemptions

Companies in India will seek exemptions from the government’s planned ban on certain plastic items, fearing the move will disrupt supply chains and raise costs ahead of a festive season, according to sources and an industry document seen by Reuters

Corporate India seeks Rs 1 lakh cr stimulus to kick-start investment cycle, revive growth
Business

Corporate India seeks Rs 1 lakh cr stimulus to kick-start investment cycle, revive growth

India Inc on Thursday said the government has assured to take action soon to revive the industry and push economic growth, which is showing signs of a slowdown

Corporate India earnings disappoint, analysts warn of gloomy festive season amid slowing economy
Business

Corporate India earnings disappoint, analysts warn of gloomy festive season amid slowing economy

India Inc has turned in its most disappointing quarterly numbers in at least three years and analysts warn hopes for any festive season cheer are likely to be dashed by a slowing economy