Data

Top 50 corporates reduce debt by Rs 59,600 crore in first half of FY20

Eco/Invest/Demography       Dec 29, 2019

  New Delhi: Top 50 corporates in the country have reduced debt by Rs 59,600 crore in the first half of this fiscal as part of their strategy to deleverage their balance sheet, according to government sources. This has some bearing on the credit growth of...

India Inc garners Rs 8.7 lakh crore from domestic, overseas markets in 2019

Eco/Invest/Demography       Dec 29, 2019

  New Delhi: Marking a major upswing in fundraising activities, Indian companies garnered Rs 8.7 trillion from domestic and overseas markets in 2019 -- up 20 per cent from the previous year -- with debt instruments remaining the most preferred route for financing business needs.   Fundraising...

1.24 mn jobs created in Oct, marginal rise from Sept: ESIC payroll data

Eco/Invest/Demography       Dec 24, 2019

  Around 1.24 million jobs were created in India in October as compared with 1.23 million in the previous month, according to payroll data of Employees' State Insurance Corporation (ESIC).   Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19,...

12.66 lakh new jobs created in May: ESIC payroll data

Eco/Invest/Demography, Pension       Jul 25, 2019

Around 12.66 lakh jobs were created in May, a tad higher than 11.15 lakh jobs in April this year, the Employees' State Insurance Corporation (ESIC) payroll data showed. Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by...

Mukesh Ambani keeps salary capped at Rs 15 cr for 11th yr in a row

  Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the trot. Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs...

Money Indians have in Swiss banks down 6% in 2018, record low in 20 yrs

      Jun 27, 2019

  Zurich/New Delhi: Money parked by Indian individuals and enterprises in Swiss banks, including through India-based branches, fell by nearly 6 per cent in 2018 to 955 million Swiss francs (about Rs 6,757 crore) to hit its second-lowest level in over two decades, Swiss National Bank...

India:Manufacturing, infrastructure sectors to add 58,200 jobs in Apr-Sept FY20

      Jun 18, 2019

The manufacturing, engineering and infrastructure sector is likely to add of 58,200 new jobs in the April-September of this financial year, a report published Monday said.   According to TeamLease Services biannual 'Employment Outlook' report for April-September FY20, these industries will witness a 2 per cent...

ITC CMD Sanjiv Puri's remuneration up by over 51% to Rs 6.16 cr in 2018-19

Wealth Management       Jun 13, 2019

  Total Remuneration of diversified group ITC Chairman & MD Sanjiv Puri has gone up by over 51 per cent to Rs 6.16 crore in 2018-19.   Puri (56), who has been recently elevated as Chairman of the Kolkata-headquartered company after Y C Deveshwar passed away, took...

FDI inflows to India rose 6% in 2018 to $42 bn, says UN report

Eco/Invest/Demography       Jun 12, 2019

  “Investment in India – the subregion's largest recipient – rose by 6 per cent to $42 billion with strong inflows in manufacturing, communication, financial services and cross-border merger and acquisition (M&A) activities,” the report said.   The report added that India has historically accounted for 70...