Bengaluru-based developers, such as Puravankara Limited and Sowparnika Projects, have witnessed over 85-90 per cent of their customers being first time buyers or end users.
As IT majors face a decline in their legacy business, they are realigning their sales strategies to push up revenues from newer technologies.
Analysts are of the opinion that given the change in the business model, which is resulting in smaller deals spreading across the whole year, clients may be already renegotiating prices.
Thousands of retail investors are reaping the benefits of the disruption that the latest technologies have brought to the equity market. Brokerage firms are aggressively investing in technologies such as artificial intelligence, machine learning, big data and analytics, social media, chatbots, virtual assistants and so on.
A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.
With their net debt estimated at Rs 1.15 trillion, the merged entity will not be in much of a position to dole out freebies, says Romita Majumdar.
Compared to a 64 per cent penetration in Brazil (130 million users total) and 53 per cent in China (total 733 million users), India has barely 28 per cent penetration. Of the digital reach, almost 80 per cent are from affluent segments in urban areas. How can this change?
A scroll through Akshay Kumar's Instagram feed shows numerous posts and stories promoting Gold. Sonakshi Sinha, on the other hand, posts stories from her shoots and events to drive home the message of an upcoming release. In both cases, the film in question gets much-needed attention.
TCS plans to build ignio as a standalone company.
ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space
A large team led by Kumar Mangalam Birla has taken charge of the integration process.
Factors like dedicated recovery teams, centralised follow-up on bad loan accounts and resolutions via NCLT are driving the trend
TCS will manage 'Question Creation Wizard' to frame question papers unique to each candidate with the same level of difficulty.
India's huge digital prowess and potential will play a huge role in enabling digital lending, says Romita Majumdar.
While there has been an improvement in the overall demand environment, the other reason expected to trigger this growth is the absence of a bench strength in most companies
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
'We are not in the race of how much is the revenue, but how good is the revenue.'
The company's decision comes when there has been a dip in intake due to tepid demand, increasing automation, reports Debashis Mohapatra.
Overall attrition jumped to 20.6 per cent in the quarter, a 400 basis points rise over 16.6 per cent in the earlier quarter.
While existing players are expected to first drop prices, acquisition of smaller firms by larger ones is likely in future
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