India Inc sees marginal decline in legal spending during FY21 at Rs 36,973 crore thumbnail
India Inc sees marginal decline in legal spending during FY21 at Rs 36,973 crore
economictimes.indiatimes.com
n a year beset by the pandemic, India Inc got a small relief in terms of a fall in legal cost. Legal expenses of listed Indian companies declined 1.67% to Rs 36,973.75 crore in the fiscal year ended March 31, 2021 from Rs 37,604.80 crore the year before, according to their annual reports. Pandemic
1 Users
0 Comments
2 Highlights
2 Notes

Top Highlights

  • n a year beset by the pandemic, India Inc got a small relief in terms of a fall in legal cost. Legal expenses of listed Indian companies declined 1.67% to Rs 36,973.75 crore in the fiscal year ended March 31, 2021 from Rs 37,604.80 crore the year before, according to their annual reports. Pandemic-induced lockdowns, restrictions on travel and gat...
  • He said companies were also more focused on streamlining their operations to the new normal, so corporate restructurings and M&A deals were fewer. Besides, regulators gave relaxations on compliances, which too led to a fall in costs. The top five legal spenders last fiscal year were Sun Pharmaceutical Industries (Rs 2,023.54 crore), Reliance Indus...

Ready to highlight and find good content?

Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.