India Inc
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PM Modi asks India Inc to step up investment
•Addressing the 10th webinar on Budget, PM Modi said the government has increased outlay on capital expenditure to Rs 10 lakh crore, the highest ever
Ajit Mohan, country head of Meta India quits with immediate effect, reportedly to join Snap
Fp Staff •Ajit Mohan, Meta India's country head, made a sudden decision to quit the organisation today. It is being reported that he will be joining Snap Inc. as President of its APAC business.
India Inc welcomes 5G launch, says it will usher in inclusive digital transformation
•Capable of supporting ultra-high-speed internet, the fifth generation or 5G service is expected to unleash new economic opportunities and societal benefits, serving as a transformational force for Indian society
Images: How India Inc is raising its voice against Sec 377
Adrija •In a rare show of solidarity some of India's largest companies expressed their support for gay rights on Facebook and Twitter by releasing online advertisements. Take a look at them here.
Q1 revenue seen falling 8-10% sequentially; year-on-year may clip at 50%: Crisil
•The Crisil estimate is based on an analysis of 300 companies accounting for 55-60 percent of the market capitalisation (excluding financial services and oil companies)
Books of the week: From Gitanjali Kolanad's Girl Made of Gold to Tara Shine’s How to Save Your Planet One Object at a Time, our picks
Aarushi Agrawal •Our weekly roundup of books that should be on your radar.
Around 93% of employees are stressed about returning to office post-lockdown, finds survey; 85% want safety guidelines enforced
Fp Staff •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.
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
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
•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