'A key reason for the strong interest in IPOs has been an increased focus on profitability and reasonable pricing of deals.'
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
Amid a surge in dengue cases in Karnataka, Chief Minister Siddaramaiah on Monday said he has instructed officials to take all necessary precautionary measures to prevent spread of the vector borne disease and urged the people to give utmost priority to cleanliness in their neighbourhoods.
Among the Sensex firms, Larsen & Toubro, Bharti Airtel, HCL Tech, Tata Motors, Sun Pharma and Tata Steel were the major gainers. On the other hand, Nestle, Asian Paints, Bajaj Finserv, HDFC Bank and Axis Bank were among the laggards.
Among the Sensex firms, Axis Bank, Mahindra & Mahindra, Wipro, Tata Motors, HDFC Bank, Tech Mahindra, ICICI Bank, JSW Steel, Tata Consultancy Services, Infosys, HCL Technologies and Bharti Airtel were the major gainers. Nestle, Titan, Bajaj Finserv and UltraTech Cement were the laggards.
Although the credit for acquiring the technological skill must be given to India's outstanding nuclear scientists, the decision to go nuclear was a political one that entailed clarity of vision, courage and resolve, points out Rup Narayan Das.
Salaries in India are expected to increase by 9.5 per cent in 2024, slightly lower than the actual increase of 9.7 per cent in 2023, largely in response to market dynamics, according to global professional services firm Aon plc. According to the firm's annual salary increase and turnover survey 2023-24 India, that analysed data across 1,414 companies from almost 45 industries, salary increase in India seems to have stabilised at high single digits, after the post-pandemic high increments in 2022. "The projected increase in salaries in the Indian formal sector indicates a strategic adjustment in response to the evolving economic landscape.
'I did not bother to collect my diploma certificate because the course was a waste of time and more or less useless. It would be instructive for me to describe it because manufacturing is seen as the way out for India's great unemployment problem. It is? I do not think so,' says Aakar Patel.
The petitioner sought a direction from the court for his registration form to be accepted and to permit him to appear for JEE-Advanced scheduled to be held on June 4.
With the last quarter of 2023-24 (FY24) expected to have been soft owing to lower discretionary spend and macro uncertainty, many are hoping FY25 will be a year of recovery for the information-technology (IT) industry. The fourth quarter, January-March, is considered soft, and will continue to see the headwinds the sector has been facing. And the sector has entered the new financial year on a weak footing. Analysts are expecting Tier-I firms to report sequential growth of -1 per cent to 1.5 per cent and midcap players' growth may range between 0.7 per cent and 4 per cent.
Twelve universities from India feature in the top 100 of QS Rankings by Subject 2021.
Amid current geopolitical challenges and a slowdown in global growth, veteran emerging market investor Mark Mobius called India a safe haven for investors, backed by a stable government. The renowned investor, who is excited about the opportunities available in India, said the country is now the second largest in the portfolio of Mobius Capital Partners after Taiwan. Calling India a "land of opportunities and innovation", he said that his optimism about India is driven by the stable government and young demographic, with an average age of 27 years.
Eighty per cent, or 60 of the 75 companies that made their debut on the mainboard this financial year, ended their listing day with gains.
Among the Sensex firms, NTPC, Mahindra & Mahindra, Wipro, Kotak Mahindra Bank, Tata Steel, Asian Paints, Bharti Airtel, Power Grid, Titan and HDFC Bank were the major gainers. Bajaj Finance, Bajaj Finserv, Infosys, Tata Consultancy Services, Tata Motors and HCL Technologies were the laggards.
In the 2021 QS rankings announced in London on Wednesday, IIT Bombay continues to be the best-ranked Indian institute at 172, a 20-slot dip from the 2020 ranking.
Indian start-ups breathed a sigh of relief after the UK government facilitated the acquisition of the now-defunct Silicon Valley Bank's (SVB's) British arm by HSBC. In a bid to allay fears, the US Federal Deposit Insurance Corporation (FIDC) announced recently that it had transferred all deposits of start-up-focused SVB to a newly created bridge bank and all depositors would have access to their money. President Joe Biden also sought to reassure jittery depositors that they can have confidence that the US banking system is "safe".
'If we want our economies to be strong, we need to invest in young people who are our future.'
The other prominent gainers were Tech Mahindra, HCL Technologies, Wipro, State Bank of India and Larsen & Toubro. Bajaj Finserv, Power Grid, UltraTech Cement and HDFC Bank were among the laggards.
IIT Delhi comes in way down at No 222, dropping from 212 last year, in the QS World University Rankings which is predictably dominated by US universities, with MIT grabbing the top slot and Harvard at No 2, pushing Britain's Cambridge University to No 3.
Here's a simple way of knowing the change in the rank secured by each institution from 2017 to 2018.
On Friday, Biden announced his intent to appoint 14 people to the advisory committee, which provides overall policy advice to the United States trade representative on matters of development, implementation, and administration of the US trade policy.
JP Morgan has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over. Rising margin headwinds in the near-term and the revenue headwinds in the medium-term from a potential macro slowdown, Ankur Rudra and Bhavik Mehta of JP Morgan said in the report, will mean that the sector's earnings upgrade cycle is behind. "We see peak revenue growth behind us and earnings before interest and taxes (EBIT) margins trending down from inflation, mean revision.
Whether Rajeev Chandrasekhar wins or not, Thiruvananthapuram will likely never see such an interesting contest again.
Asserting that Indian democracy is a "global public good", Congress leader Rahul Gandhi has said that its "collapse" will have an impact on the world and is not in America's national interest.
In 1930, John Maynard Keynes predicted that by 2030 technology would be so advanced that three hours of work per day would suffice. Has AI brought about the transformation that Keynes predicted, asks Atanu Biswas.
This new institute, which will be modeled after the Harvard-MIT Division of Health Sciences and Technology, will include faculty from multiple disciplines and professions and offer degrees through multidisciplinary programs.
The only Indian university in THE world rankings this year.
'The fraud is the electronic voting machine is being manipulated by humans, and not counting the votes that is shown on VVPAT.'
India-France synergy is poised to open vistas of collaboration between the two countries, notes Rup Narayan Das.
The statement added that Goel was removed from the post of DGP for not taking interest in departmental work.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Days after landing on the Moon, India will aim for the Sun on Saturday with its maiden solar expedition, as ISRO's trusted PSLV will carry the Aditya L1 mission on a 125-day voyage to the Sun.
A student collective at the Indian Institute of Technology Bombay on Wednesday demanded the resignation of the premier institute's director against the backdrop of alleged suicide by a first-year Dalit student and allegations that he was facing caste discrimination.
Nationhood is constituted by people who share a "common sense of their history" and a "common vision of their future", National Security Advisor Ajit Doval said as he released an 11-volume book series that charts different phases of the history of ancient India and its accomplishments.
'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'
India improved its representation in the Times Higher Education rankings with 25 universities in the top 200. But it is far behind China which has four in the top five.
'These companies hired in high numbers last year and are balancing that out this year by recruiting fewer freshers.'
'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'
From the Sensex basket, Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro and NTPC were the major laggards. Tata Steel, Bajaj Finance, JSW Steel and Bharti Airtel were among the gainers.
It offers a lease of life to terminally ill patients since heart transplant still remains out of reach for most.
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