HOW CORPORATES ARE DEALING WITH STRESS
TATA STEEL Increased liquidity levels to ₹20,000 crore-plus as contingency buffer
PIRAMAL ENTERPRISES Sold 20 per cent stake in pharma business, replacing short-term debt with long-term borrowings
GVK GROUP Sold stake in Mumbai International Airport to Adanis
ARVIND FASHIONS Sold part of stake to Walmart, raised money through rights issue and mobilised resources by transferring trading business of Flying Machine
TAJ GVK HOTELS No capex plan in FY21; deferred renovation-related expenses; reduced operating cost considerably
THOMAS COOK Scaled down marketing spends, renegotiated rentals and improved debtor management
WOCKHARDT Sold part of domestic branded formulations division to Dr. Reddy’s Laboratories Ltd for ₹1,850 crore.
GMR INFRASTRUCTURE Divested entire stake in Kakinada SEZ to Aurobindo Realty and Infrastructure
The only man who sticks closer to you in adversity than a friend is a creditor,” 62-year-old Harsh Goenka, Chairman of RPG Enterprises, quotes a famous line to describe the current predicament of corporate India whose debt in stressed sectors amounts to ₹37.72 lakh crore, nearly 38 per cent of all loans given by the banking sector.
Diese Geschichte stammt aus der October 18, 2020-Ausgabe von Business Today.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 18, 2020-Ausgabe von Business Today.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
"Moving to cloud helped us grow❞
What was the problem you were grappling with?
She's Got Time
MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP
RISING STAR
PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.
Building on a Legacy
WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.
LEADER IN INNOVATION
AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.
WAITING IN THE WINGS
Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025
A DECENT PROPOSAL
IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?
Women and the STEM Bias
EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.
ROCKET WOMEN
WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.
ONE STEP FORWARD
THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.
