The Indian government has asked the cement industry to concentrate on modernisation and upgradation of technology, optimisation of operations and increased application of automation and information technology.
'These companies hired in high numbers last year and are balancing that out this year by recruiting fewer freshers.'
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
'We condemn recent illicit missile launches in the region that violate UN Security Council resolutions. We express serious concern over recent dangerous and aggressive actions in the maritime domain. We seek a region where no country dominates and no country is dominated one where all countries are free from coercion, and can exercise their agency to determine their futures,' the declaration said.
Many German companies have invested in India and more are willing to come, but it should not be only one way, Deputy Consultant General of Germany, Horst Pfeifer said at a seminar in Kochi on 'Europe Via Munich' to explore the market and business opportunities for Indian companies in Bavaria. India is now a strong economic power and the bilateral trade between the two countries has doubled from euro 5 billion to euro10 billion, he said.
'Sector funds like IT funds should be included only in the satellite portfolio.' 'Limit your exposure to IT sector funds to around 5-10 per cent of your equity portfolio.'
The Bombay high court on Friday said the recently amended Information Technology (IT) Rules against fake content on social media against the government may be excessive, quipping that one cannot bring a hammer to kill an ant.
Stocks of smallcap and midcap companies, which had caught the fancy of retail investors, also feature in the portfolio of leading politicians in addition to bluechip stocks.
The government on Tuesday blocked access to 43 more Chinese mobile apps, including Alibaba Workbench, AliExpress, Alipay Cashier, CamCard and WeDate, for being prejudicial to the sovereignty, integrity and defence of the nation.
The Mumbai police has registered an FIR against unidentified persons for posting obscene comments and issuing death threats to journalist Rana Ayyub on her social media accounts, a police official said on Monday.
The actor also maintained that the photos which he had shared were not obscene as he was wearing underwear.
Mutual funds (MFs) are betting on a turnaround in the healthcare sector to boost returns but are divided on the prospects of the information technology (IT) sector amid uncertain growth outlook. At the end of June, all of the top 20 fund houses were overweight on the healthcare sector vis--vis the sector's presence in the BSE 200 index, shows a report by Motilal Oswal Financial Services (MOFS). In the case of the IT sector, only six of the 20 fund houses had overweight positions.
