India Inc asks for sops, lower rates after IIP growth falls
With industrial output growth slowing down in December, India Inc on Thursday pitched for incentives in the Budget to revive investments while reiterating its call for lower interest rates.
Feb 12, 2015, 21:44 PM IST
Indian companies raise $2 bn in debt from Six Swiss Exchange
Some eight Indian firms including six banks raised nearly USD 2 billion in debt from Six Swiss Exchange between 2012-14.
Feb 11, 2015, 20:05 PM IST
'Decisive mandate to AAP provides opportunity for development'
Industry body CII expressed confidence that the new government would be industry friendly and would strengthen Delhi's position both economically and socially.
Feb 10, 2015, 15:05 PM IST
Industry faces weak demand despite high growth rate: India Inc
Notwithstanding government's projection of higher growth at 7.4 percent this fiscal, India Inc on Monday said demand remains weak, and sought steps in the forthcoming budget to boost investments and kick start the capex cycle.
Feb 09, 2015, 21:47 PM IST
India Inc must make 'growth with equity' as CSR goal: Ansari
Asking India Inc to embrace the concept of 'growth with equity' as part of their Corporate Social Responsibility (CSR) motto, Vice-President Mohammad Hamid Ansari Monday said industries should voluntarily take up community projects instead of being pushed by laws to to do.
Feb 02, 2015, 23:22 PM IST
No change in economy performance in last 6 months: Industry
Showing signs of restlessness, a majority of business leaders have said "not much" has changed on the ground in the last six months, while many of them do not foresee any change in investment plans even during the current quarter.
Feb 01, 2015, 20:15 PM IST
India Inc strikes deals worth $50 bn in 2014: Grant Thornton
Total number of merger and acquisition deals of Indian companies in 2014 rose to 1,177 -- the highest ever in a decade -- and the momentum is set to pick up this year as well, says a report.
Jan 28, 2015, 17:58 PM IST
Obama visit will take economic ties to new high: India Inc
Decisions taken during the meeting of Prime Minister Narendra Modi and US President Barack Obama will take the bilateral strategic ties to an "altogether new high", India Inc said Sunday.
Jan 25, 2015, 22:33 PM IST
India Inc purchases shares worth 34% of buyback targets
India Inc bought back shares worth Rs 3,000 crore from public shareholders through the repurchase programme last year, achieving just about 34 percent of the targeted amount.
Jan 23, 2015, 17:16 PM IST
RBI rate cut to boost investor sentiment: Industry
India Inc Thursday said the move will boost investor sentiment and revive growth, even as it hoped the central bank will further bring down interest rates to lower the cost of capital for the industry.
Jan 15, 2015, 14:46 PM IST
Mixed reaction from industry on mines ordinance
Steel makers on Wednesday welcomed mines ordinance while some core mining firms alleged that unfair treatment has been metted out to them by giving just 5-year lease extension for non-captive mines.
Jan 14, 2015, 21:01 PM IST
India Inc wants rate cut, says inflation likely to remain low
Reversing a six month declining trend, WPI inflation moved up marginally to 0.11 per cent in December mainly due to increase in prices of food items.
Jan 14, 2015, 18:03 PM IST
India Inc's Dec foreign borrowing up 14% at $637.29 mn
India Inc raised USD 637.29 million from overseas markets in December 2014, up 13.65 per cent from year-ago period, according to the RBI data.
Jan 14, 2015, 17:19 PM IST
BofAML sees $100 billion forex debt raising by India Inc in 2 years
Bank of America Merrill Lync (BofAML) India head has predicted a five-fold rise in forex debt raising by domestic corporates to a record USD 100 billion over the next two years.
Jan 12, 2015, 21:25 PM IST
'IIP growth incipient sign of revival, hope for firm recovery'
With factory output in November 2014 growing at the fastest pace in 5 months, India Inc on Monday said the turnaround needs to be made consistent for a longer period and reiterated its call for a rate cut even as December retail inflation was below the RBI's 6 percent target.
Jan 12, 2015, 20:58 PM IST
Perks in India Inc get fancy; top talent gets iPhones, Mercs
When it comes to rewarding top- performing employees, many large corporates are giving out expensive gifts such as latest iPhones, Mercs, flats and jewellery - a trend started by a little-known diamond firm in Gujarat a few months back.
Jan 11, 2015, 13:34 PM IST
India Inc Q3 revenue growth may slip to 6-quarter low: Crisil
Revenue growth was around 9 percent in the preceding quarter and 13 percent in the October-December 2013 period.
Jan 08, 2015, 21:19 PM IST
India Inc debt raising hits near record at $57 bn in '14: Report
Primary bond offerings by domestic issuers rose by 2.7 percent to USD 56.9 billion in 2014 from USD 55.4 billion a year ago, clocking the second best performance since the record USD 63.6 billion mop-up in 2012.
Jan 07, 2015, 17:36 PM IST
WEF expects record presence at Davos meet; India Inc gears up
WEF's high-profile annual congregation of the world's rich and powerful at the Swiss ski resort town of Davos will this year host over 300 heads of state and government along with 1,500 business leaders, including more than 100 members of India Inc.
Jan 06, 2015, 19:19 PM IST
Budget 2015-16: India Inc demands cut in corporate tax, income tax
Pitching for a non-adversarial tax environment, India Inc Tuesday suggested reduction in tax rates on corporate as well as individuals to boost economic growth.
Jan 06, 2015, 17:21 PM IST
