Indian Companies

PM Modi signed the trade deal with his British counterpart Keir Starmer during the former’s two-day visit to the UK on July 24

Government amends Foreign Exchange Management rules to simplify FDI and overseas investment

One of the most significant amendments simplifies the rules for cross-border share swaps, allowing Indian companies to issue or transfer equity instruments in exchange for foreign company equity instruments.

Companies with multiple overseas holding structures face enhanced RBI scrutiny

The list of companies that have received such communication includes one of the largest Information Technology(IT) companies in the country, a group company promoted by one of the country's leading conglomerates, and a well-known fintech company.

NASDAQ talks to India about overseas listings for local companies

Allowing Indian companies to list abroad on exchanges like Nasdaq will give them wider access to capital, Nasdaq's Executive Vice Chairman Edward Knight said

Govt says 3,560 companies in India have Chinese directors

In a written reply to the Lok Sabha, Minister of State for Corporate Affairs Rao Inderjit Singh said there are 174 Chinese companies that are registered in the country as foreign companies having place of business in India with the ministry.

Rated Indian companies better placed to withstand rising interest rates, inflation: S&P

It said further hike in interest rates is on the cards as the inflation remains above the RBI's upper tolerance limit of 6 per cent despite a 140 basis points increase in policy rate in the current fiscal year.

Customer Service | For most Indian companies, ‘Customer is King’ only till a sale is complete

An overwhelming majority of Indians say they are dissatisfied with their experiences as customers 

Tencent buys stake worth USD 264 million in Flipkart from Binny Bansal

Singapore-headquartered e-commerce firm Flipkart has operations in India only. Bansal holds around 1.84 percent stake in Flipkart after selling part of his stake to Tencent Cloud Europe BV.

India on top for trust in domestic companies: Study

The Edelman Trust Barometer Special Report: The Geopolitical Business, which was released here on the sidelines of the World Economic Forum Annual Meeting, also showed that geopolitics is now a litmus test for trust in business.

Indian businesses in wait and watch mode as sanctions on Russia pile up

The US and its European allies have imposed sweeping sanctions on Russian banks, businesses and powerful oligarchs with major business interests. With the US warning of secondary sanctions for non-US citizens who conduct business with these entities, Indian companies are waiting for the dust to settle.

The perennial succession woes of Indian companies are baffling

Holding shareholders, employees and investors in a state of animated suspense for months, sometimes years, till a successor to the CEO is found, is guaranteed to erode confidence in the company, as also in the newcomer

Flexibility is the mantra business leaders will take away from 2020

As COVID 19 ravaged the world, the best companies learnt to cope and even advance. Many posted significant gains in terms of productivity and even profitability

Indian firms keen on setting up shops in London as Brexit transition deadline nears

In 2019, India became the second-largest source of FDI for the UK after the US with 120 new projects and creating 5,429 jobs in 2019-20.

Indian firms’ cash buffers are among the lowest in the world

BIS says around 60 percent of Indian companies may not be able to cover their interest costs and operating expenses this year even with 100 percent debt rollovers

Trying to keep out Chinese investors can turn out to be counterproductive

A downside of the latest step-back from allowing freer cross border trade and investment as the economy grows bigger and more complex is funding of Indian startups

About a third of Indian listed firms are Zombies. Coronavirus could tip them into default

Usual suspects such as textiles, construction and real estate most at risk of default

Sebi panel proposes direct listing of Indian companies on foreign bourses

Currently, Indian companies can list their shares through depository receipts abroad, while foreign companies need to go through the Indian Depository Receipt route for listing of equities.

OPIC commits $125 mn for Indian companies

OPIC will contribute to a USD 700 million fund established by GPC to expand access for growing Indian companies operating in the healthcare, energy, technology, agricultural, and services sectors, a release said.

Indian cos need to brace up for EU data protection regulation: PwC

The EU GDPR will usher a new data and privacy protection regime to give regulators unprecedented power to impose fines, requiring large-scale privacy changes across organisations - including India-based companies- if they conduct business in Europe, it said.

Cos raise Rs 7,900 cr through e-bidding platforms of bourses

Individually, firms have garnered Rs 6,900 crore and Rs 1,000 crore on electronic book mechanism of BSE and NSE, respectively.

Cos raise Rs 6,900 cr on BSE Bond platform under Sebi's new norm

Under the new norms, Sebi has made electronic platform mandatory for all private placement issues on debt basis that have a threshold of Rs 200 crore, a move aimed at achieving better and transparent price discovery through the bidding process.

Microsoft says 2 lakh Indian companies using its cloud service

Microsoft and Amazon Web Services are considered as entrenched players in this category, where Google is seeking to make inroads through initiatives such as dedicated 'cloud regions'.

Indian companies 3rd most optimistic globally on hiring plans

According to the survey released today by leading staffing consultancy ManpowerGroup India, workforce gains were expected across all seven industry sectors monitored and in all four regions.

Fund-raising via debt placement up 32% to Rs 51,000 cr in November

With the latest mobilisation, the total fund-raising through private placement of debt securities reached Rs 4.2 lakh crore in the April-November period of 2017-18 fiscal, as per the latest data by markets regulator Securities and Exchange Board of India (Sebi).

Fund raising via preferential allotment rises 8% in April-October

The funds were mobilised for business expansion, refinancing of debt, working capital requirements and other general corporate purposes.