BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
This will be the first time BJP's prime ministerial candidate holds a discussion with IT, telecom czars.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
HR experts believe however that times are changing and more and more companies are planning a revamp of their appraisal systems
Tata Consultancy Services scrip ended the day 4.27 per cent higher at Rs 2,214.65 apiece on the BSE.
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.
With Infosys reportedly increasing the pay packages of senior executives, including executive vice-presidents and a few vice-presidents, threefold, the Indian information technology (IT) services space might well get a new benchmark.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
Facebook enabled users to mark themselves safe in Chennai since Thursday morning
Chinese handset maker OnePlus on Tuesday said it expects India to become its biggest market in the next few months.
Reliance improved its ranking this year to 121 from 142 last year, with a market value of $50.6 billion and assets worth $91.5 billion.
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
Donation to go to Sarojini Damodaran Foundation and Advaith Foundation
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
Modest growth projections hits IT sector.
Smaller cities like Pune and Noida score better than 'Vibrant' Gujarat's Ahmedabad.
Tatas' brand value grows 12% in the past year, far ahead of Reliance and Airtel.
The company's net profit went up 27% in December quarter, sequentially better than peers; core IT services up 33%..
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
IT sector replaces auto sector after a 6-month gap.
There, however, has been an improvement in operating margins.
The recovery was led by information technology exporters.
Large and small businesses alike have delivered low-key performances.
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
The Nifty is up 6.5% in the last 12 months. The NSE IT Index is down 10% in the same period. But will the sentiment improve going ahead?
Four of the founders of Infosys are seeking to raise about $1.1 billion by selling stakes in the company.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
HDFC and HUL are the latest entrants in the club
managers said the weaker rupee, which has driven up shares of technology companies, has helped the fund fetch better returns.
Banking and telecom will see the highest impact of this transition.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
A 150 basis points fall in realisations too weighed on the top-line.
Good investors learn how to think beyond the obvious and to make deeper, less obvious judgments.
Only double-income households can buy flats in India's top 8 cities, except Mumbai
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