The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a turnaround in its financial position.
Repeat business from existing clients is not coming easily and companies are still in the process of building digital capabilities
And will sell its 50 per cent stake to State Bank of India in Russia as part of rationalisation of overseas branch network.
India's gross domestic product growth rate slipped to 7%.
Similarly, the wide-based 50-issue CNX Nifty of the NSE jumped 109.30 points, or 1.46 per cent, to end above 7,500-mark for the first time at 7,583.40.
The wide-based NSE sensitive index is currently hovering around 7,900.
The transformational reforms like GST, Bankruptcy Code and recapitalisation of banks, Black Money Act, demonetisation, flexible inflation targeting and adoption of fiscal discipline (FRBMA), etc, have temporarily and purposefully pulled us back only to propel us forward with greater velocity, Rajiv Memani.
Top 5 losers include Lupin, Cipla, Sun Pharma, Dr Reddy's Lab and GAIL down 1.6%-11%.
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
Bengaluru-based developers, such as Puravankara Limited and Sowparnika Projects, have witnessed over 85-90 per cent of their customers being first time buyers or end users.
Infosys is yet to announce its 2014-15 results.
Growth has been slowing year-on-year for the IT sector but investors have continued to bet on it.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Investors remain cautious ahead of F&O expiry.
Sensex is under pressure due to concerns in the global market.
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
Users send a message on the app and a virtual assistant responds.
RNOR status is a sub-set of the Resident Status.
Companies from the capital goods space will under-perform.
