Oil & gas companies take the shine out of India Inc’s Q2 show

Oil & gas companies take the shine out of India Inc’s Q2 show

ET Intelligence Group: Initial trends from the ongoing earnings season suggest corporate India to have posted single-digit growth in both revenue and profit for the quarter ended September 30, with a muted performance by oil and gas companies offsetting a stellar show in the financial services sector. Revenue rose 7.2% from a year earlier, the … Read more

Industry to Sebi: Defer rule that bars Chairman, MD from being related

Industry to Sebi: Defer rule that bars Chairman, MD from being related

Corporate India has renewed its demand that the Securities and Exchange Board of India (Sebi) stay the implementation of the provision that makes it mandatory for the chairman and managing director of a large listed company to not be related to each other. It has asked the capital markets regulator to either make this provision, … Read more

India Inc’s business confidence highest in decade: FICCI Survey

India Inc’s business confidence highest in decade: FICCI Survey

FICCI’s Overall Business Confidence Index has witnessed a decadal high of 74.2 in the current round on account of improvement in present conditions as well as expectations, the industry body said on Sunday. The Index had stood at 70.9 in the previous survey and 59 a year ago, noted the survey. It revealed recovery of … Read more