Indian IT firms are winning large deals in Europe, helped by the greater investments they are making in that geography, and the rising propensity of European...
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23rd Apr 2024 | Updated at 05:00am 23rd Apr 2024
Tata Motors Q3 net more than doubles to £714.5 mn
Smashing street estimates, Tata Motors’s Q3FY24 profit more than doubled to £714.5 million, benefiting from the strength of its UK luxury car business, Jaguar Land Rover (JLR). It had posted a profit of £304.3 million in the year-ago period,...
India Inc wants RBI to go slow on interest rate hikes
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
Indian IT firms have lined up robust hiring plans for 2021-22. The top four IT firms - TCS, Infosys, HCL Technologies and Wipro - collectively plan to hire 91,000 from campuses, a little higher than last year.
As part of pre-Budget deliberations, India's finance minister Nirmala Sitharaman held a meeting with state FMs, who suggested steps to revive growth and boost revenue collection against the backdrop of the Covid crisis.
Tata Consultancy Services (TCS) reported 4.1% sequential growth in constant currency in the third quarter. This, it said, was its best performance in nine years in a seasonally weak quarter, as demand from clients remained strong during the...
Prime Minister Narendra Modi highlighted the fiscal and reform measures undertaken by the government following the Covid-19 outbreak as he held deliberations...
India’s economy is expected to contract by 7.7% in 2020-21 ravaged by the impact of the Covid-19 induced lockdown, with the crucial services and manufacturing...
China last week expressed its “deep concern” over the recent foreign direct investment (FDI) policy changes initiated by Modi government, alleging that it curbs takeovers and acquisitions of Indian companies.
The government will look to bridge the yawning fiscal deficit through sale of spectrum that begins from March1. The sale of airwaves, a total of 2,251MHz, is being seen as crucial for the exchequer even though struggling telecom companies such...
The Indian government may not be able to close the BPCL and Air India disinvestment transactions by March 31, although it is pushing the sale of five large...
Zhong Shanshan, founder of bottled water company Nongfu Spring has overtaken Reliance Industries chairman Mukesh Ambani as the richest person in Asia, with a net worth of $77.8 billion
