The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.
'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'
'In the Indian government there are no illusions about the United States reliability or the possibility of having any kind of preferential treatment from Washington when it comes to trade.'
An IIT Delhi professor has been booked for alleged negligence following the death of a PhD student during excavation work near the archaeological site of Lothal in Gujarat. The incident occurred in November 2024 when the student, Surabhi Verma, died after a 10-foot deep excavation pit collapsed on her while she and her professor, Yama Dixit, were collecting soil samples. The FIR was registered based on a complaint by the student's father, alleging that Dixit's negligence led to Verma's death. Dixit has been charged with causing death by negligence and endangering life. The investigation revealed that the team was unaware of the high water level beneath the visible dry soil, and had not informed police or local authorities before starting the excavation.
News reports that GE Aerospace has delivered the first of 99 F404-IN20 engines ordered by Hindustan Aeronautics (HAL) for the Tejas Mk-1A has revived interest in the HAL stock.
Vishal Sikka, chief executive officer of Infosys has become the highest-paid professional CEO in India.
Indian Information Technology companies are among the world's 10 lowest-paying employers in the segment, with their mid-to-senior level staff getting an average salary of $38,767 (about Rs 21.5 lakh) per annum - less than one-fourth of the IT pay package at globally top-paying Swiss firms.
The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or are being fixed.
'That is why I'm extremely concerned when India says that every terrorist incident in future from Pakistan will be treated as an act of war.'
What is pushing students to take this extreme step?
Amidst growing panic over Trump's ban on Harvard's international student enrolment, overseas education consultants have this advice for Indian students.
'Unfortunately, India and Pakistan could learn a 'lesson' from this conflict that will make them more likely to use these weapons against each other in the future.' 'Rounds of missile and drone attacks could be more routine features of their hostility, just like artillery fire has become a familiar fact of life along the Line of Control.'
As regards mid-caps and small-caps, analysts suggest investors buy only those stocks of those companies where there is earnings visibility for at least a few quarters and where the valuations have become reasonable.
Companies say they have ensured that services to clients remain unaffected.
Institutional investments in Indian real estate have seen a strong start to 2025, with inflows reaching $ 1.3 billion in the first quarter - a 31 per cent year-on-year (YoY) increase. This growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the quarter. With $ 0.8 billion inflows, domestic investments saw a 75 per cent annual rise and were largely focused on industrial & warehousing and office segments.
'Expect India to keep doing well irrespective of geopolitics.'
In a major relief to Indian information technology (IT) companies operating in Australia, Canberra has agreed to amend its domestic laws to stop taxing offshore income of such Indian companies, as part of the free trade deal inked. This may lead to savings up to $200 million each year for over 100 Indian IT companies operating in Australia. "The Government of Australia has agreed to amend the domestic taxation law to stop the taxation of offshore income of Indian firms providing technical services to Australia. "This will resolve the issue that the Indian government has raised about the double taxation avoidance agreement (DTAA) between the two governments for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income," said a commerce ministry official.
The Mumbai police were on high alert after an X user @ffsfir wrote a post about the potential threat which reads like "My mind is wondering shamelessly that half the world would go upside down tomorrow after a bomb went off at the Ambani wedding. trillions of dollars in one pin code."
MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.
'It is typical of China's strategic deception of making virtue out of necessity,' observes Rup Narayan Das.
As Japan makes frantic efforts to deal with the nuclear radiation leaks from the Fukushima Daiichi nuclear power plant in the aftermath of earthquake and tsunami, Indian information technology firms have begun relocating the families of their Indian employees in the country.
ATS has found that Labhshankar Maheshwari, a native of Pakistan who was granted Indian citizenship in 2005, had agreed to be part of the conspiracy to expedite the visa process for him, his wife and two other family members wanting to visit the neighbouring country to meet relatives.
Every mobile user is a content creator and broadcaster and has the moral responsibility to ensure the veracity of the information shared by them, Minister of State for Information and Broadcasting L Murugan said in New Delhi on Thursday.
India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.
The move came against the backdrop of Turkiye backing Pakistan and its condemnation of India's strikes on terror camps in the neighbouring country and Pakistan-occupied Kashmir under Operation Sindoor.
Twitter chief Elon Musk on Wednesday said the social media platform has no choice but to follow the local laws in any given country or risk being shut down.
The beta of large IT firms has increased since 2008 and is expected to inch up further given the rising challenges.
Technology giant Apple has informed its customers in India that it will no longer store their card information on file and will not be accepting payments made by debit cards and credit cards for purchases or subscriptions on the App store or other Apple services. The decision has been taken by the US-based company in view of the Reserve Bank of India's (RBI's) card data storage guidelines, which will kick in from July 1. The deadline for implementing these norms was extended twice.
The South Korean government is inviting applications for fully funded Seoul Tech Scholarships 2025.
Information Technology sector grew by 19 per cent in 2011, clocking revenue of $76 billion
The Supreme Court of India has assured the creation of a robust mechanism to address the alarming number of suicides occurring in Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs). The court was informed that 18 suicides had taken place in these institutions over the past 14 months. The court has also directed the University Grants Commission (UGC) to finalize draft regulations aimed at combating caste-based discrimination in educational institutions.
India needs to unleash technological and social innovations that can usher in a new developmental model the world has not seen before, TCS Vice-Chairman S Ramadorai said.
Sikka's remuneration will likely be comparable to CEOs of global giants like IBM and HP.
'If creative jobs can get disrupted, then left brain jobs like coding are easily disrupted. We are going through the journey of huge disruption.'
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.
About two-thirds of the incremental net income of the Nifty 50 over FY19-24 has come from companies in relatively low-valued sectors such as banks, diversified financials, IT services, and metals and mining.
Mental health experts and counsellors highlight how to identify early signs of distress in children and what parents and peers can do to prevent someone from taking their life.
