They need to upgrade their skills and become smaller, smarter organisations, says Devangshu Datta.
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
The consolidated entity can target good growth FY18 onwards, analysts say.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
It can be noted that the rupee lost nearly 7 per cent since the beginning of May as FIIs have pulled out nearly $4 billion from the domestic debt, as bond yields fell on expectation of RBI cutting rates on Monday.
Rera's implementation is patchy across states, and the powers of the regulator to enforce its orders are also limited.
Stocks and sectors impacted most by GST.
India's software industry mounts two-pronged campaign to tackle Trump administration. Ayan Pramanik & Karan Choudhury report.
TRAI removed network interconnection charges.
Pai is the fourth Indian-American to become part of Trump's administration.
Add a term plan with a child mutual fund for best results.
An innovator creates intellectual property for a need no one knows exists, says Chandru Chawla.
Prospects are grim for many, as humans and organisations aren't keeping up with the pace of technology. Shyamal Majumdar ponders the future of employment.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
After at least 50 women got in touch with me, I realised that housewives had suddenly discovered that WhatsApp could give them a whole new profession, says Keya Sarkar.
'We don't know how much the Pay Commission outflow will be.'
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
The comments come about a week after PSU bank employee unions went to a four-day relay strike to press for early revision of wages.
'The industry growth in 2016< came from the new digital technology segment which grew at over 20%.' 'The challenge for the industry is that the legacy business makes up almost 80% of revenue.' 'Hence the urgency to transform into digital business.'
In this scenario, the Indian information technology industry and government have two distinct items on the agenda before them.
Expert staff in the line of fire in the tech sector. Analysts attribute these job losses to a slowdown in growth, automation of lower-end work.
80% of incremental enterprise investment to be in digital technologies by 2020.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
To neutralise this, RBI has been doing forward swaps
The dollar gained strength with the emergence of the US as the only developed economy showing signs of recovery.
Concerned over decline in gold exports from SEZs following ban on its trading, the government has allowed units in these zones to export gold items after a minimum value addition of 3 per cent.
He had said the sector was running on a treadmill of lowering costs
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
Balanced funds may be a good option for first-time investors.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
This was the near-unanimous replies of 10 market participants.
The next revision will make the rates similar to those of bank FDs.
Also says PSU banks divestment to be considered after improvement in governance
Analysts said FIIs had created long positions worth Rs 9,700 crore (Rs 97 billion) in index futures till recently.
Investigation to be over by weekend, Mumbai police EOW to lodge FIR thereafter.
These banks are finding it hard to pick up seasoned bankers at the pay they are offering
Some investment bankers expect the Indian currency to touch 60-65 by the end of the year
Make in India can be a success if teh govt focusses more on technology, says Pawan Geonka.
