The year saw significant corporate events particularly in the financial services sector. Yet, there were some who managed to make the most of the crisis executing record number of deals. Here is a look at some of the Corporate and Industry events. Continue reading The Year That Was – Corporate & Industry
Chairman of the Fifteen Finance Commission called state distribution companies (discoms), “The Elephant in the room”, in an interview recently. Indeed, discoms are in a dire state, operating with AT&C (aggregate transmission & commercial) losses of over 22% and accumulated losses of close to Rs 4 lakh crore. To improve their viability, the Finance Minister … Continue reading Power Distribution Companies – The Elephant In The Room
Inauguration of a natural gas pipeline by the Prime Minister recently is an important milestone for India’s quest for cleaner fuel options. The pipeline would help increase the capacity utilization of LNG (liquified natural gas) terminal at Kochi. However, inadequate pipeline capacity is only one aspect of the complex dynamics of natural gas market. Here … Continue reading Natural Gas Market in India – An Overview
Covid-19 seems to have brought greater attention to food processing industry, with most of the population having increased their spending on the same. For the nation, the challenge was to produce enough to feed its people fifty years ago, the objective now is to help agri-producers move up the value chain. India, at the moment, … Continue reading Food Processing Industry – An Overview
Government’s PLI (Production Linked Incentive) scheme has drawn greater attention as global mobile manufacturers controlling 60% of the market had applied and have received approval under the scheme. These companies have, together, projected production of mobile phones worth over Rs 10 lakh crore cumulatively over next five years. About 60% of this would be for … Continue reading PLI (Production Linked Incentives) Scheme – Going Beyond Electronic Goods Sector
Covid-19 is having an unprecedented impact on financials of corporate sector putting a serious question mark on survival of many of them. Other than the cash required to pay salaries etc, companies need to generate sufficient cash to pay interest and loan installments. As per Kamath Panel report, as much as Rs 37.7 lakh crore … Continue reading Corporate Debt Restructuring – Understanding the Issues Involved
Covid- 19 is having another side effect in the form of sharp slump in crude oil demand. The demand crash and lack of timely cut in production has created a situation never seen before – WTI Oil futures turning negative! While the market players have come to an agreement to cut production, prices are down … Continue reading Understanding the Dynamics of Crude Oil Market
Public sector enterprises (PSEs) invariably face criticism as loss making behemoth and for their inefficiency. While there are PSEs which have sunk significant amount of public money, there are also a large number of PSEs which are running very efficiently. These PSEs are making substantial profits even after meeting number of government mandated norms. Here … Continue reading Public Sector Enterprises – Boon or Bane??
The face of Corporate India has changed dramatically in the last 30 years since the economic liberalization began. Liberalization exposed the then established firms to competition, changing corporate mindset of taking markets for granted. Failure to adept to these changes led to what the Economic Survey has called ‘creative destruction’. Here is a look at … Continue reading Corporate India – The ‘Creative Destruction’ since Liberalization.
Automobile sector continues to be in the throes of a slowdown quite unprecedented in terms of its magnitude. While aggregate sales data for Feb’20 is not yet available, individual company data shows decline of as much as 40%. Even though part of the decline is due to impending transition to BS-VI, there are deeper reasons … Continue reading Automobile Industry – Challenges Abound…