Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's retail behemoth.
The official said the listeners of all the languages are sending messages through e-mails and WhatsApp to AIR. "The gist of the messages are that the people are considering this act of Pakistan as unIslamic as punishing innocent is against the tenets of Islam. Travellers are given high regards in Islam," the official added.
The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
Top Indian IT services companies - TCS, Infosys, Wipro and HCL Tech - have said that they would continue to hire freshers through campus interviews, though lateral hiring will be mostly on exception basis.
At the sector level, commodity linked sectors (energy, materials and utilities) and industrials reported the strongest revenue growth, while telecom, consumer discretionary saw the most decline in net profits.
The Street is especially looking forward to the management commentary to get a sense of its new direction
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
Many lay folks cannot fathom the arcane language of the corporate governance brouhaha. I found that a mythological story connects very well, says R Gopalakrishnan.
A UK judge presiding over the extradition proceedings of Nirav Modi on Tuesday ruled that the evidence submitted by the Indian authorities to establish a prima facie case of fraud and money laundering against the fugitive diamantaire is broadly admissible. District Judge Samuel Goozee heard the arguments for and against the admissibility of certain witness statements provided by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) at Westminster Magistrates' Court in London and concluded that he considered himself "bound" by the previous UK court rulings in the extradition case of former Kingfisher Airlines chief Vijay Mallya. He then adjourned the case for a two-day hearing on January 7 and 8 next year, when he will hear the final submissions in the case before he hands down his judgment a few weeks later.
The markets have been unable to sustain at higher levels as a rise in bond yields globally, especially in the US have dented sentiment. Surging commodity prices, especially crude oil that have now hit $70 a barrel (Brent) coupled with inflation woes and fear of sporadic lockdown across major economic hubs back home as Covid cases rise have chased the bulls away. In the short-term, analysts expect the markets to remain volatile as they react to news flow - both from overseas and developments back home. Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs), including India.
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
For all the disappointment that fans will feel, few could be more heartbroken that Honda Motor will leave the Formula One circuit than Takeo Fukui.
'This little incident might seem trivial to most people. But when such things happen in the BCCI's own backyard...'
While most analysts remain positive on TCS and Infosys, they are cautious on Wipro.
The Committee of Administrators (COA) has recommended former India captain Kapil Dev's name as a part of the four-member steering committee that will help in the formation of Players' Association as per Lodha Panel Recommendation.
'Women's voices are too high or too low, or they are seen as too short or too tall, or too fat or too thin, to be great leaders.' 'These judgments wear us down.'
'Captain Vikram Batra, PVC and his unit 13 Jak Rif did stand out because of the sheer magnitude of the task allotted to them but also the exceptional professionalism with which it was executed and completed,' recalls Lieutenant General Syed Ata Hasnain (retd).
The Bharatiya Janata Party on Friday defended cricketer-turned-politician Navjot Singh Sidhu's prolong absence from party affairs for the past few months, saying the Amritsar member of Parliament is still the "favourite candidate" for them.
It had reorganised its India business by carving out public sector undertaking and government businesses. Besides the company had also split its India and West Asia businesses.
The Dulquer factor is the only saving grace of this witless, charmless sham posturing as satire, feels Sukanya Verma.
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
Former Australia captain Richie Benaud, the voice of cricket for millions of television viewers, has been injured in a car accident and will remain in hospital for the next few days, Channel Nine said on Thursday.
Australia's voice of cricket Richie Benaud has been offered the chance to commentate on Test matches from his home this year if he is not well enough to get to the grounds, according to broadcaster Channel Nine.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
Former Australia fast bowler Max Walker has died after a two-year battle against skin cancer, Cricket Australia said on Wednesday. He was 68.
The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.
After turning net buyers for the fifth straight month till June, foreign portfolio investors (FPIs) withdrew a net of Rs 11,743 crore ($1.7 billion) in July. This was their highest outflow since October 2018.
Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports
The article is in stark contrast to the TIME cover story done on Modi earlier this month titled 'India's Divider in Chief', written by Aatish Taseer, son of Indian journalist Tavleen Singh and late Pakistani politician and businessman Salmaan Taseer.
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
A coroner's inquest into the death of Phillip Hughes opened on Monday, almost two years after the Australian cricketer died when he was struck by a ball during a match at the Sydney Cricket Ground. Hughes was hit on the back of the neck by a rising delivery when batting for South Australia in a domestic match on Nov. 25, 2014. He died two days later in a Sydney hospital.
"Not at all," Gambhir said when asked if he was contesting in the next general elections.
VVirat Kohli's franchise wants to unite fans on an innovative digital community platform.
From Michael Holding to Virender Sehwag, the cricket fraternity mourned the demise of renowned West Indies commentator Tony Cozier and paid glowing tributes to the legendary voice of the game.
'A balanced head plus heart approach would be a full opening up of the economy including manufacturing and internal travel in the country but excluding COVID-19 hotspots,' recommends Jaimini Bhagwati.
L&T is the preferred pick, but given the opportunities in the power T&D space analysts are also positive on KEC, ABB and Kalpataru
BJP President Amit Shah has authorised Union Minister M Venkaiah Naidu to liaise with M Thambidurai and TTV Dinakaran from the Sasikala camp, just in case it turns against the BJP after the income tax raids on its health minister C Vijayabaskar.
Out of 3.3 crore applicants, over 19 lakh people were excluded from the final NRC published on Saturday.
SBI Chairperson Arundhati Bhattacharya said any rate cut by the bank would depend on a lot many factors.
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
