Economic TimesLean R·
India Inc registrations jump 16% in June
New Delhi: Company incorporations, a gauge of the economy's formalisation, rose 16% year-on-year in June, signalling a rebound in investor sentiment as tensions in West Asia eased.The number of companies incorporated increased to 19,375 in June from 16,654 a year earlier, according to the latest corporate affairs ministry data. Incorporations had fallen 8.6% in April before rising 5.5% in May.The momentum is expected to continue despite an unfavourable base effect, after incorporations hit a re…
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