With iGate posting a better-than-expected results in the third quarter, CEO of iGate has brought much needed relief to the shareholders of the information technology services provider.
Ratan Tata, the outgoing head of the Tata business empire, has said that a lack of government support was preventing Indian industry from competing with China and lashed out at a "venal" business environment.
Due to project delays pressurizing BHEL’s operating margins, Macquarie Capital Securities cuts earnings estimate for the capital goods major by 10% and says the decline could continue for two consecutive years.