India Inc. rocks with 140% profit jump, 44% topline growth in H1 2022
Fortune 500 companies account for chunk of profits; six companies net ₹1 lakh crore.
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Industrial growth slips even as corporate profits soar to historic highs
The disconnect is stark because industrial production and capacity utilisation continue to be low for several years, indicating a structural economic slowdown.
Fortune 500 India: 10 Firms With Maximum Cash
Cash and cash equivalents of listed companies rose 13% in FY21. Tata Motors topped the list of cash-rich companies with Rs 46,972 crore, followed by Infosys and RIL in the Fortune 500 rankings.
Fortune 500 India: 10 Most Profitable Companies
Reliance Industries was the most profitable Indian company in FY21. The pandemic-driven digitisation spree helped IT, with TCS and Infosys in the Fortune 500 rankings. Banks were key beneficiaries.
Fortune 500 India: RIL’s consumer bet
Mukesh Ambani has expanded the Reliance empire by betting big on telecom and retail.
Fortune 500 India: India Inc. sweeps profits amid revenue decline
Fortune 500 companies deliver their highest-ever profit growth of 75%, while revenues fall year-on-year for the first time since the beginning of India listing in 2010.
Fortune 500 India: Brace up for capex booooom!
The Fortune 500 companies reported their best ever net profit of ₹6.22 lakh crore in FY21, a remarkable 75% higher than FY20 when cumulative profit had fallen 22% to just ₹3.6 lakh crore.
A sea of opportunity for Avanti Feeds
In a country that feasts on poultry, Alluri Indra Kumar has focussed on shrimp farming. Now his firm Avanti Feeds is set to reap the benefits from the government’s focus on the seafood industry.
Fortune India 500: Why are there so few women leaders?
Only around 6% companies on the Fortune India 500 list are managed by women.
India and China: The great divide
Even with the tag of the fastest growing major economy, India will take decades to catch-up with China, even if the latter were to stop growing completely.
