Corporate Crisis

The Foremost Leads Story: How Arpit Sharma & Yashvardhan Singh Scaled a ₹9 Crore Company at 20

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Housr Corporate Stays: The Face of Future Hospitality

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'Pure corporate dispute': Abhishek Lodha on litigation with HoABL

Realty firm Macrotech Developers MD Abhishek Lodha on Sunday said there is a "pure corporate dispute" between his company and House of Abhinandan Lodha over use of trademark and it is "nothing to do with brothers". Macrotech Developers has recently filed a suit in the Bombay High Court against House of Abhinandan Lodha (HoABL), formed by younger brother Abhinandan Lodha, for infringement of its trademarks and sought appropriate injunctions, reliefs, and damages. In an interview with PTI, Abhishek Lodha said he has no problem with younger brother Abhinandan Lodha doing real estate business, but asserted that his company has every right to protect its trademarks -- 'Lodha' and 'Lodha Group'. Macrotech Developers is listed on stock exchanges and is one of the leading real estate firms in the country, while House of Abhinand Lodha is into plotted developments across various cities including Ayodhya. Breaking silence on the matter, Abhishek said, "He (Abhinandan) is my brother. I have l

Key to Citi Group's regulatory woes: Staff need skills 'enhancement'

In one place, for example, the analysis cites "insufficient compliance risk management skills” among staff directly dealing with such issues. The sections of the analysis seen by Reuters did not add

India Inc earnings slow down in Q1FY25 despite operating margin gains

The companies in our sample reported a combined net profit of Rs 3.39 trillion in Q1FY24, down 4.23 per cent from a record high quarterly net profit of Rs 3.54 trillion in Q4FY24

Payback time: India Inc cut back on dividends in FY24 despite record profit

A cut in dividend payout last financial year came after three years of high double-digit growth, mirroring the boom in corporate profits in the post-pandemic period

Corporate capex growth slows in FY24 after picking up pace in FY23

The firms in these two sectors together accounted for 30 per cent and 15 per cent of the fixed assets of all companies, respectively, in the sample in FY24

Govt must ensure corp takeovers are fair, monopolies not created: Cong

The Congress on Saturday said it is the government's responsibility to ensure that competition among corporates is not stifled, oligopolies or monopolies do not emerge and corporate takeovers are free and fair. It is also the government's responsibility to ensure that undue advantage arising out of access to political power is not exercised, party general secretary Jairam Ramesh said. His comments came after the Adani Group acquired Penna Cements while strengthening its share in the cement sector in southern India. "Aap chronology samajhiye (understand the chronology): September 2022: Adani acquires Ambuja Cements and ACC, to become country's second largest cement player. August 2023: Adani acquires Sanghi Industries, India's largest single-location cement unit. June 2024: Adani acquires Penna Cements, giving it substantial market share even in the last remaining region of South India." he said. "Upcoming: Adani is exploring the acquisition of Saurashtra Cement, Vadraj Cement, and

India Inc's combined net profit in Q4 grew least in last 5 quarters

Companies reported combined net sales of Rs 37.57 trillion in Q4FY24, up from the Rs 35.05 trillion in Q4FY24 and Rs 35.44 trillion in Q3FY24

India Inc's capex frontier: When will companies start spending big time?

The economy is growing and capital markets are buoyant. A look into why companies aren't spending enough

Corporate real estate sentiment highest since April-June 2022: Report

Number of corporate real estate deals likely to increase in quarters ahead, it indicates

Best of BS Opinion: Dominance and vibrancy, Meaningful updates & more

Here is the best of Business Standard's opinion pieces for today

Corporate exits under C-PACE now in 100 days instead of 180 days: MCA secy

In her Budget speech last year, Finance Minister Nirmala Sitharaman had introduced the inception of C-PACE for the 2022-23 fiscal year

Is SHE enterprise an oxymoron?

History is replete with examples of when an enlightened business approach did not prevail, but even cynics agree it is worth striving for

Adani's $108 billion crisis shakes foreign investors' faith in India

The Adani Group has shed $108 billion in market value since Hindenburg Research accused it of stock manipulation and accounting fraud in a Jan. 24 report

Kirloskar brothers spar over non-compete agreement, family settlement deed

Sanjay Kirloskar moves Supreme Court to enforce family settlement

Best of BS Opinion: Mamata wins, climate change, corporate sector, and more

Here are the best of Business Standard's opinion pieces for Monday

What not to do in a corporate crisis

Putting out the right information in a crisis is not easy to do. But by being open and direct one can restore some of the lost credibility