HomeNewsBusinessEconomyBig Story | Does sharp surge in company registrations in July indicate improving business sentiment?

Big Story | Does sharp surge in company registrations in July indicate improving business sentiment?

In this edition of Big Story, Moneycontrol's Sakshi Batra shines light on whether a number of company registrations hints at an improvement in the overall business sentiment.

August 25, 2020 / 14:14 IST
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From a mere 3,209 companies incorporated in April, registration of new companies in India increased to a record high of seven years in July.

Data from the corporate affairs ministry shows a total of 16,487 companies were incorporated in July, the highest since January 2013 when 5,508 companies were registered.

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In this edition of Big Story, Moneycontrol's Sakshi Batra shares more details on the economic activity-wise classification of the newly-registered companies and shares insights into whether this data indicates an improvement in the overall business sentiment and revival of investors' interest.

 

Moneycontrol News
first published: Aug 24, 2020 07:31 pm

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