Accenture’s Q3 earnings report: any cheer for Indian IT?
No incremental deterioration in the demand environment and orders are driven by large-scale transformation projects
Which stock is well positioned to play the IPO rush in Indian markets?
The depository space is likely to benefit both from a strong secondary market and a booming primary market
Gland Pharma has been a sound investment for Fosun, will retail investors benefit too?
Long-term stock returns will be contingent on turnaround of the European acquisition and growth in US business
Blue Dart collaborates with Skye Air to successfully commence drone deliveries
This move marks a significant advancement towards cleaner and more efficient delivery solutions, the courier and integrated express package distribution company said in an exchange filing.
Nvidia Dethrones Microsoft & Apple as world’s most valued company | M-cap surpasses $3 trillion
AI chipmaker Nvidia became the world's most valuable company, dethroning Microsoft and Apple, while its rally lifted the S&P 500 and Nasdaq to record highs.
Indian Startups: Watering the seeds for India to become world’s deeptech capital
The deeptech sector has had a big impact on Indian economy, startups raised $2.7 billion in 2021 and is poised to contribute between $450 billion to $500 billion by 2025. It is imperative to develop strategic capabilities for India to ascend as a global leader in innovation
US sues Adobe over subscription plan disclosures
The government said Adobe hides important terms in fine print and behind textboxes and hyperlinks, clearly discloses the fees only when subscribers try to cancel
Eco Hotels expands with 'The Eco' in Vadodara
The new hotel is part of the hospitality company's plans to have a 500-room capacity by the end of June 2024, the firm said in a statement
'Marwari' school of business keeps 3 generations of Ruia family under one roof
They share the family homes in Mumbai, Delhi and London as well as business that now spans energy, metals and mining, infrastructure and logistics and technology and retail.
HDFC AMC appoints Harish Narayanan as chief marketing officer and chief digital officer
Narayanan will lead the firm’s marketing and digital initiatives, “driving its mission to be the wealth creator for every Indian”.
Over 50 high-impact growth projects to power Vedanta's plan to achieve $10 bn EBITDA
These projects are at an advanced stage of completion, according to a powerpoint presentation made to more than 45 fund managers and analysts, who were on a site visit organised by the Vedanta Group.
Indian room air-conditioner market to reach Rs 50,000 crore by FY29: Voltas
Besides RAC, competitive intensity is also going to increase in Commercial Air Conditioning (CAC) where leading foreign players have started focusing on this sector
NCLT orders insolvency proceeding against Supernova project developer Supertech Realtors
The NCLT also put a moratorium on all transactions related to Supertech Realtors, as per the provision of the Insolvency & Bankruptcy Code
Hyundai India’s royalty outgo to parent company stands at 3.5% of sales revenue, as per pre-IPO DRHP
During the April-December period of FY24, the country's second largest carmaker paid Rs 8,088.80 crore to parent company based in Seoul, as per the DRHP.
Hyundai Motor India poised for sustained growth in FY24 bottomline
During the April-December period of this fiscal, the company registered a topline of Rs 52,157.91crore and bottomline of 4,382.87 crore
Infosys to provide IT services to Ikea in $100 million deal: Report
Infosys will provide enterprise service management based on ServiceNow, IT services management, and a service desk for 170,000 workers and 260,000 devices in 19 languages during the course of the five-year deal, the report said.
SBI hikes lending rate by 10 basis points across tenures, EMIs to go up
From October 1, 2019, all banks including SBI have to lend only at an interest rate linked to an external benchmark such as RBI’s repo rate or Treasury Bill yield
Broadcom soars as demand for AI chips powers forecast raise
Broadcom's software division has benefited from its buyout of VMware, which added $2.7 billion to its second-quarter revenue.
India Inc looking for credit to fund capex, corporate loan worth Rs 5 lakh crore in pipeline: SBI Chief Dinesh Khara
HCL, Infosys and now Cognizant—Why IT companies are increasingly betting on engineering R&D services
The engineering R&D outsourcing spends are projected to outpace IT services in the next several years
Mafatlal stock up 15% on pact with armed forces for anti-microbial bed sheets
The technology transfer agreement will support the company’s initiative to expand product range as well as its market presence, particularly in the defence sector, Mafatlal has said
Volvo shifting EV production to Belgium to avoid China tariffs, The Times reports
Volvo confirmed last October that it would be adding capacity in Ghent for EX30 production from 2025, the spokesperson said
Saudi Aramco says foreigners grab 'majority' of share offering
Aramco, the mostly state-owned jewel of the Saudi economy, announced on May 30 that it would sell 1.545 billion shares, or approximately 0.64 percent of its issued shares, on the Saudi stock exchange.
Air India utilising group airlines' engineering skills for improved aircraft maintenance works
While the airline sees continued opportunities for expansion, the official said it is also aware about the unreliability of the legacy aircraft
TVS Motor recalls select units of e-scooter for proactive inspection
The company will inspect the bridge tube of units that were manufactured between July 10, 2023 and September 9, 2023 to ensure that the vehicle’s ride handling is good over extended usage
