Growing protectionism in their main markets - the US and the UK - has forced them to hire local workers, upending the cost arbitrage model they had built their business on.
The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.
The IT slowdown directly threatens the well being of other industries as well as India's IT cities. This impact has not necessarily been factored in, yet.
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
Net sales during the reported quarter rose to Rs 20,594.3 crore, up 14.4 per cent against the year-ago period.
The surge in export, domestic demand and public spending in infrastructure projects might revive private investment during 2017-18.
Globally, the SME business is among the fifth and sixth positions for Adobe.
A normal monsoon, softer interest rates and inflation, pent-up demand, along with mild budgetary support may help growth pick up in coming quarters.
CRR to remain unchanged at 4.00 pc this fiscal
Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.
Finance Minister Arun Jaitley presented the Union Budget.
These schemes are expected to perform in the next 2-3 years.
The TCS results are probably a pointer to the subdued outlook.
The profit boost for studios will in large part be driven by the rush for local-language content from platforms like Netflix Inc
For the four new players, the spike in wealth is 126 per cent.
Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
'India has jackboot laws legislated by all parties, a State prepared to stomp all over you, and citizens who don't often realise how easily they can be crushed under both,' says T N Ninan.
If the economy gains momentum, that is a big positive for markets, given the strong macro of low inflation, falling rates, and a stable rupee, says Akash Prakash.
Strong passenger growth will help domestic airlines improve their top line and margins.
For years, India has been a low priority for Apple as spending power is weaker than in China
Raghuram Rajan remains focused on a long-term inflation target of 4 percent.
The Reserve Bank of India hiked key interest rates by 0.25 per cent each in the last two reviews to tame inflation.
Because of Rajan's policies, the banking system has mustered enough courage to disclose their toxic assets
This equity capital infusion is the country's largest-ever FDI.
'India's print media appears to be on the ventilator, gasping for breath, cutting staff, cutting salaries, cutting editions, cutting off its hands and legs,' notes Krishna Prasad.
This kind of growth will turn India into a $8 trillion economy.
US-based outsourcing firm iGate on Wednesday said its net profit declined 89.6 per cent to $3.1 million for the quarter ended June 30, 2014 hit by a one-time charge related to a debt settlement.
'Is it time to think beyond the traditional questionnaire-based approach in India?' asks Atanu Biswas.
The global economy may just be entering a new phase.
The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points
The large drop was for export orders that were meant to be delivered until October.
In these times of global uncertainty, be cautious in selecting the right market and fund.
The carmaker has managed to significantly improve its product mix in the past two-three years by successfully launching sedans, utility vehicles and premium hatchbacks.
In its latest transition, the company will also double up as an investment vehicle.
The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%
Raghuram Rajan is correct -- the RBI's monetary response to inflation in the past has been too weak.
NRIs are increasingly buying properties in India online.
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
India Inc will report good set of numbers in Q4.
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