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Why US-based IT firms are likely to send more work to India

Most of the large Indian IT services players, such as TCS, Infosys, Wipro, and HCL Tech, have signalled increased offshoring efforts and opting for local hires in the US, primarily to address the......

Where will multi-cap funds find small-caps to invest?

And if there are so many opportunities, why haven't they invested in them, asks Debashis Basu. Illustration: Dominic Xavier/   The Securities and Exchange Board of India on......

What Sebi's multi-cap circular is all about

The recent circular follows the ‘true-to-label’ concept, but large funds in the multi-cap category may be forced to merge in the absence of sufficient small-cap options. Illustration:......

HDFC Bank denies charges by US law firm

The law firm had specifically named the bank's chief executive and managing director of over 25 years, Aditya Puri, his designated successor Sashidhar Jagdishan and company secretary Santosh......

Sensex, Nifty end flat; IT stocks gain

SBI was the top gainer in the Sensex pack, spurting over 2 per cent, followed by TCS, Tech Mahindra, HUL, Bajaj Finance, Kotak Bank and Titan. On the other hand, IndusInd Bank, PowerGrid, Bharti......
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Investment tech startup Smallcase raises Rs 100 crore

Prior to the latest round, the company had raised $8 million in 2019 in a round led by Sequoia India along with several investors including Blume... ...
Is it time to announce a quantitative easing?

Mumbai: Bond investors and the Reserve Bank of India (RBI) appear to be on a collision course, evident in last week’s auction outcomes, as the... ...

The broad up move and healthy advance decline ratio are encouraging signs for the up move to sustain for the next few sessions. Traders could take... ...
Top 15 things to know before Opening Bell

Any upside bounce up to 11,350-11,400 could be a sell on rise opportunity in the market, Nagaraj Shetti of HDFC Securities said. ...
Gold rises by Rs 324, silver jumps Rs 2,124

In the international market, gold was quoting with gains at USD 1,873 per ounce, while silver was flat at USD 23.10 per ounce. New Delhi: Gold... ...

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