Ayan Pramanik and Shivani Shinde Nadhe report on the uncertainties that have dragged down shares of TCS, Tech Mahindra and HCL Technologies.
Infosys chief mentor N R Narayana Murthy has been given the 'Lifetime Achievement Award' by IT magazine Dataquest for building an institution that has changed the IT scenario in the country.
Tata remains India's powerful brand with its value ring over $15 billion for the first time.
The six IT majors -- TCS, Infosys, Wipro, Satyam, HCL Technologies and Congizant -- along with two BPO giants Genpact and WNS are recording a yearly growth rate of over 40 per cent, according to technology consultancy firm Everest Group. Apart from these big names, all the other smaller players are struggling at a growth rate of around 20 per cent a year, Everest Group CEO Peter Bendor-Samuel told PTI.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
According to reports, Vodafone NZ had offered all its employees, other than call centre and retail staffers, voluntary severance package
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
Chennai's Great Lakes Institute of management (GLIM) has equipped its students with some knowledge of Mandarin, Chinese history and culture.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
When these villagers had no work, an NGO stepped in and transformed their lives, says Geetanjali Krishna.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Others in the top 10 include Uday Kotak at the 6th place with a wealth of Rs 94,100 crore, Cyrus S Poonawalla at 7th position with Rs 88,800 crore assets, Cyrus Pallonji Mistry at 8th spot with a wealth of Rs 76,800 crore, Shapoor Pallonji at 9th position with a net worth of Rs 76,800 crore and Dilip Shanghvi at 10th slot with Rs 71,500-crore wealth.
Tatas, Adani, Bharti, HDFC and Sun Groups have clocked huge gains.
Sectorally, telecom, realty, auto and banks were among the top losers, shedding as much as 2.22 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
In dollar terms, its m-cap rose to $76 billion
At times of slow growth, India has seen number of graduates doubling since 2008 to almost 25 million in 2016
Tepid growth in verticals like banking and finance, healthcare, retail and automotive will drag overall IT spends in the current year, reports Debasis Mohapatra.
Premji is ranked 13th on Forbes' first ever list of '100 Richest People In Tech', followed by Nadar on the 14th spot.
In a move to attract bidders for loss making Hindustan Copper Ltd, the divestment ministry has decided to ease norms for group transfer of equity stake in the divested company allowing strategic partners a greater say in the matter.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investors will look at how TCS has performed when it announces the quarter's results on October 13, and the forecast from Infosys on October 14
TCS is setting up a large BPO operation in Varanasi next year, some staff could be absorbed there
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The issue arose after TCS dismissed hundreds of employees in January 2015, leading to the formation of the IT Employees Wing supported by the NDLF.
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
He is followed by Nandan Nilekani and Narayan Murthy in Hurun India Philanthropy List
Despite higher gross additions, growth in overall customer base has been tepid for these companies, says Debasis Mohapatra.
Reliance Industries chairman Mukesh Ambani continues to top India's richest list, according to the Hurun India Rich List 2014.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
In the Sensex kitty on Wednesday, Tata Motors emerged as the top loser falling 3.01 per cent, followed by Vedanta shedding 2.92 per cent. Other laggards include HUL, Kotak Bank, NTPC, Infosys, HDFC Bank, Bajaj Finance, Hero MotoCorp, ICICI Bank, Yes Bank, HDFC, IndusInd Bank and PowerGrid, falling up to 1.77 per cent.
'The industry growth in 2016< came from the new digital technology segment which grew at over 20%.' 'The challenge for the industry is that the legacy business makes up almost 80% of revenue.' 'Hence the urgency to transform into digital business.'
Faced with a spate of senior-level exits, Infosys co-founder N R Narayana Murthy has written to employees to reassure them that the "leadership changes" will be in the "best interest" of the company.
Morgan Stanley's Asia and Global Emerging Markets Strategy Report downgraded software firms on valuation and earnings concerns.
