Money managers have turned cautious about the technology space.
The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.
'...and defensive until the global macro headwinds turn more benign.'
He is the first Indian-origin person to head a 'Big-Four' audit co.
India gains at the expense of Russia and Brazil
Further outperformance hinges on pickup in industrial activity, buying by local investors.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
Without exception, the top four majors beat Street estimates across all parameters - revenues, profitability, or net profit growth. However, what stood out were the large deal wins reported by the big two, TCS and Infosys.
Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.
German Chancellor Angel Merkel, French President Francois Hollande, Chinese Prime Minister Li Keqiang, Pakistan Prime Minister Muhammad Nawaz Sharif and Switzerland President Simonetta Sommaruga would be participating in the 45th edition of the meet.
Anoop Pabby, managing director of Deutsche Postbank Home Finance Ltd, spoke to Atanu Kumar Das about the challenges faced by home finance companies and how profitability is linked to customer satisfaction.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
RJio is targeting the existing base of high-value customers.
Chinese stock markets have slumped 30 per cent since mid-June.
The e-commerce firm recruited 18 post graduate students.
While money is among the key reasons why employees move to a new company, a strong company culture can also attract employees.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
A round-up of Wednesday's action in the UEFA Champions League.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Goldman Sachs downgraded its rating on Indian stocks to 'underweight'.
Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.
Most say a rate cut could come in RBI's June policy.
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
Experts say the market is more bullish on the BJP as it will ensure continuity in policymaking.
The next key battle the market will watch out for will be in Congress-ruled Karnataka
Battleground shifts to rural and small towns, where user base aspires to upgrade to smartphones.
The B-school also witnessed new roles in the domain.
Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
At the close, the 50-share NSE Nifty was at 8,611.15, up 19.90 points, or 0.23 per cent, after moving between 8,637.15 and 8,555.20.
Both Sensex and the rupee posted slight gains on Monday but Brexit concerns lingered.
The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.
Air India is keen to raise working capital by selling aircraft.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
Images from matches played across top football leagues in Europe.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
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The benchmark has gained 2 per cent this week on continued hopes the incoming Narendra Modi government would unveil substantial economic reforms.
US Fed rate rise raises risk of further drying up of FII flows.
Credit Suisse said $5.6 may work for Reliance Industries' R-Series gas field in the KG-D6 block but the economics for its satellite fields and NEC-25 block are uncertain.
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