India's smaller cities and towns would register a faster growth in software and business process outsourcing exports as information technology and BPO firms, backed by booming offshore orders, expand into secondary cities to arrest costs and talent a
Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February. as global investors latched on to Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits. Analysts remain bullish on Japan, mostly aided by gains in technology shares. Adoption of artificial intelligence (AI), according to a note by Morgan Stanley, is likely to benefit Japanese companies, which is almost at par with the US-based companies.
Equity fundraising through qualified institutional placements (QIPs) has gained traction, thanks to supportive equity markets and the need for fresh fundraising to meet capital expenditure (capex) requirements.
'Due to the fear caused by the Byju's crisis, several employees have chosen to take up entry-level jobs in firms other than edtech.'
India's first $1 trillion company by market capitalisation (mcap) is achievable by 2032 and HDFC Bank and Reliance Industries (RIL) are seen as lead contenders, ICICI Securities said in a note on Monday. To achieve this, the shares of both the firms will have to appreciate at least 20 per cent annually for the next decade. ICICI Securities believes this is possible if India's gross domestic product (GDP) growth accelerates to 9 per cent per annum and corporate profitability cycle peaks. "Our calculations suggest that India's first $1 trillion mcap stock could emerge by 2032.
A survey has revealed that Asia Pacific outsourcing market has grown substantially in 2007.
'Playing for India was my dream and when I get tired, I always remind myself of this. That's where the smile is from.'
Worldwide air transport volumes are set to double within 15 years, given the average annual growth of 4.5 percent, and by the year 2050 they will have increased six-fold, to around 3 billion tonne-kilometres transported.
A look at films that were shot in Sri Lanka.
Sam Bahadur brims with patriotic fervour, but one can trust Director Meghna Gulzar's refined sensibilities to not descend into nationalistic jingoism, believes Mayur Sanap.
The growth of Indian newspapers continues to startle.
Treat yourself to two of Chef Satish Arora's signature five-star dishes.
Will the warning shots from giants like Unilever and P&G break digital growth?
The behaviour of stock markets in the short term is affected by sudden changes in the availability of liquid funds in the hands of the big market players, which is what has happened now with the sub-prime crisis and the changed economics.
So many amazing bowling performances on Friday night, let's look at the best spells...
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
Sanjana Ganesan and Jasprit Bumrah wed in Goa on March 15, 2021.
On Govinda's 60th birthday on December 21, Subhash K Jha looks back at his top 10 songs.
'It required a lot of hard work, commitment and dedication to be back, but the journey to Australia has been thoroughly rewarding.'
'When things are going your way, it's important to stay in the present and not to overdo things.'
The pitches might not have been entirely in their favour, but the Indian pacers' ability to strike at vital situations has made a sea of difference in the Test series against England, reckons top-order batter Shubman Gill.
The Indian Space Research Organisation is set to rake in a revenue of about Rs 1,250 crore (Rs 12.5 billion) with the launch of INSAT-4B satellite as transponders are fully booked on the back of booming demand for Direct-To-Home services.
Devaswoms are meant to manage temples, not the faithful. Why didn't they simply stick to their set of responsibilities and execute it well and efficiently?, asks Shyam G Menon.
'The second generation of migrant labourers is not enthusiastic about continuing in this field.' 'The parents of the next generation do not wish their children to be part of this trade.'
Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.
'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.'
A flight on one of India's budget airlines offers the best opportunity to view the country's economic boom.
In FY23, Indian operations accounted for 41.6 per cent of the consolidated revenue of India's top five multinationals, up from 34 per cent in FY18 and 33.2 per cent and 34.2 per cent in FY21.
Did Jake Fraser-McGurk walk away with your vote?
'You will never reach your destination if you stop and throw stones at every dog that barks'.
Prime Minister Narendra Modi on Thursday appealed to farmers and other stakeholders associated with the cooperative sector to make GCMMF, which owns the 'Amul' brand, the world's number one dairy company from its current eighth position. He was addressing nearly one lakh people, mostly cattle rearers and farmers, gathered at the Narendra Modi stadium in Motera area of Ahmedabad for the golden jubilee celebration of the Gujarat Cooperative Milk Marketing Federation (GCMMF).
IndiGo heads towards $400 mln IPO as air travel booms.
Manchester City won an unprecedented fourth straight English top flight title with a 3-1 win over West Ham United.
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
Metal and mining companies, such as Tata Steel, JSW Steel, Hindalco, and Coal India, have been among the top-performing sectors on the bourses in recent months. The S&P BSE Metal Index is up 13 per cent in the past three months, rallying 29 per cent in the past year, outperforming the broader market. For comparison, the benchmark S&P BSE Sensex has only seen a 1.7 per cent increase in the past three months, with a 15 per cent gain since the end of September last year.
