MUMBAI: Markets watchdog Securities and Exchange Board of India found in its recent study that many of the 233 listed companies in India that it analysed in the last one decade starting from 2014, paid over 20 percent of their net profit to related parties as royalties at several occasions. At least one out of four occasions of royalty payments, …
Financial Year 2021, the one-year period just after the national lockdown was announced, was a relatively better year for Central Public Sector Enterprises in terms of profits. Of the 254 CPSEs for which data are available, 177 made net profits while 77 made net losses in FY21. Worryingly, 28 of those 77 loss-making CPSEs have made net losses for the …
