India deserves a rating upgrade in view of improvement in macro-economic situation, the conservative outlook of Standard & Poor's notwithstanding, Finance Minister P Chidambaram said.
Tata Communications has seen analyst upgrades after reporting Q3FY24 results. The biggest factor is the visible signs of a turnaround in its new acquisition, Kaleyra. The consolidated revenue grew 16 per cent Q-o-Q to Rs 5,630 crore led by 15 per cent Q-o-Q improvement in the data segment.
Global rating agency Fitch has upgraded its support ratings for several Indian banks, including ICICI Bank, HDFC, Punjab National Bank, Canara Bank, Bank of India and IDBI among others.
The upGrad Mumba Masters climbed to third place, while the Titans improved their position from the bottom of the scoreboard.
The inaugural edition of the Global Chess League, which aims to revolutionize chess, got underway in Dubai, with the first two matches taking place on Friday.
Along with the order, the ministry had sent a list of 24 names of former secretaries, who would be entitled to these facilities.
Fitch Ratings had in December affirmed India's 'BBB-' rating with a stable outlook.
Patni's margin pressures have eased and their topline growth is robu
It has been seven months since the iconic motorcycle manufacturers, Harley-Davidson and Triumph, embarked on their journey in India with the backing of partners Hero MotoCorp and Bajaj Auto. According to data shared by the Indian majors, both brands are already creating ripples in the above 350cc category. The increase in sales has prompted a ramp-up in production and even the doubling of retail touchpoints for one of them.
The Tridents squadron which is now also known as the "Defender of the North" has replaced the MiG-21 squadron at the Srinagar air base which has traditionally been responsible for taking care of the threat from Pakistan.
In selectors' radar, Kumar Kushagra gets maiden India A call-up against England Lions
The Centre has appointed senior IAS officers Vumlunmang Vualnam and Neeraj Mittal as new secretaries in the ministry of civil aviation and the department of telecommunications respectively in a major secretary-level bureaucratic reshuffle, a government order stated.
Asked about the BJP's claim that its performance in southern states will be exemplary, Tharoor said, "The claim of an 'exemplary' performance is yet another product of the BJP's propaganda mill."
Dhanush, Mahesh Babu, Sushmita Sen, Bhumi Pednekar, it's a star studded show on OTT this week.
The depiction of screechy jingoism within India-Pakistan dynamic is still a wet dream for Bollywood film-makers, observes Mayur Sanap.
Tata Passenger Electric Mobility (TPEM), a subsidiary of Tata Motors, on Friday announced that it has commenced production at its second factory in Sanand, Gujarat, which it had acquired from Ford India last year. This new facility will unlock an additional manufacturing capacity of 300,000 units per annum, which is scalable to 420,000 units. The new facility is spread over 460 acres and is adjacent to Tata Motors' existing passenger vehicle facility in Sanand.
The budget has strong growth impulses and response of the economy is positive.
Rating agency Fitch on Tuesday upgraded India's long-term foreign and local currency issuer default ratings
Goods and Services Tax collections jumped 10.4 per cent to over Rs 1.72 lakh crore in January, reflecting buoyant economic activity and setting the stage for the next phase of GST reforms. This is the second-highest monthly collection ever and marks the third month in this financial year with a collection of Rs 1.70 lakh crore or more, a finance ministry statement said on Wednesday.
Credit rating agencies have been raising red flag over high debt to GDP ratio of India.
Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave as there is excess manpower now compared to the number of planes in service. A final decision on the quantum of layoffs is expected this week, one of the officials in the know said.
'The fraud is the electronic voting machine is being manipulated by humans, and not counting the votes that is shown on VVPAT.'
Never got mentally down when people made fun of my weight: Neeraj Chopra in Fit India Champions podcast
When you want to lean into something excitingly stylish, turn to actress Gayatri Bhardwaj for inspiration.
The new Duster will go head-to-head with popular models like Hyundai Creta, Kia Seltos, Volkswagen Taigun, Skoda Kushaq, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, MG Astor, etc in the highly competitive mid-size SUV segment.
Given the gap between budgetary allocation and use, a parliamentary standing committee has asked the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy (Ayush) to take steps to prevent underutilisation of funds under the National Ayush Mission (NAM) scheme. According to the data, the ministry was allocated Rs 1,200 crore for the mission in the Budgetary Estimate (BE) for FY24. The Revised Estimate (RE) for the year fell to Rs 815 crore, of which Rs 589 crore, or 74 per cent, has been spent till January.
The upstream oil and gas (O&G) sector has delivered a stellar performance in the stock market in the recent past. The O&G sector is dominated by PSUs and despite the imposition of a windfall tax, profitability has been impressive. Oil India Limited (OIL) is particularly favoured by investors.
IBM, HP and HCL, have evinced interest in Sebi's proposal to upgrade toolsused for detecting frauds.
The 'P-3' ratings suggest acceptable ability to repay short-term obligations.
India has pitched for a sovereign credit rating upgrade with Fitch Ratings, after announcing its budget last month.
The 1.4% decline projected for 2025 is driven by a 5.6% (72,000) dip in the strength of railway employees to 1.2 million by next year.
Growth in India's gross domestic product for the June quarter of 2013-14, as well as for the entire 2014-15, was 4.7%.
Dominica will be unable to meet the deadline for completing the construction work of their stadiums and the government on Thursday announced its decision to withdraw from hosting their allotted matches of the T20 World Cup next year.
With the Rafale contract in limbo, the upgrade of IAF's Mirage 2000 and Jaguar fighters has become vitally important.
'Why should we disclose classified information to satisfy those who doubt our Hydrogen Bomb capability?'
The ratings agency currently rates India at Baa3
Identifying major thrust areas for growth of telecom sector, Planning Commission has stressed on the need to upgrade and modernise telecommunication technology being used by the country's defence, police and para military forces.
I'm relentlessly trying to learn from Kohli's batting: Rajat Patidar
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