India Inc's margin boost cushions slower revenue growth in Q1

Households may be feeling the pinch of higher inflation but corporate India is enjoying record high margins and profits. Illustration: Uttam Ghosh/Rediff.com The combined quarterly net profit of......

Macro uncertainties may keep IT hiring in slow lane this fiscal year

India’s information technology (IT) sector will witness subdued hiring in 2023-24 as macro uncertainties impact demand environment, with clients either taking a pause on spend or stopping......

Pvt equity inflow in realty sector down 5% to $1.9 bn in Q1

Private equity (PE) investment in real estate declined 5 per cent year-on-year in April-June to $1.9 billion because of high interest rates, according to Anarock. PE inflows stood at $2 billion in......

Hiring slowdown lifts India's top IT companies' profit per employee

A slowdown in hiring by India’s top IT companies has resulted in a sharp increase in the industry’s profit per employee in Q3FY23. Illustration: Uttam Ghosh/Rediff.com The top four IT......