Total of 11 private Indian firms have made it to the list of 500 most valuable companies across the world, and the country is ranked 10th on the chart, as per a report. The total value of these 11 companies grew 14 per cent and has been pegged at $805 billion or nearly a third of the Indian GDP. All these companies in the list of non-state enterprises have gained in value during 2020, which was hit by the pandemic, barring tobacco major ITC and second largest private sector lender ICICI Bank, as per the 'Hurun Global 500' report.
There will be different ways of returning the money, depending on the profile of the depositors and the amount, predicts Tamal Bandyopadhyay.
With top Indian software giants like Tata Consultancy Services, Infosys and Wipro setting up and expanding operations in China, the domestic players have started feeling the heat.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
Mumbai-based IT products and services firm Aftek Infosys Ltd said on Thursday that it has entered into a joint venture with UK-based IT firm in the wireless and mobile area.
'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Quarterly revenue from Europe rose 35 per cent, the strongest growth since the company started breaking out revenue by region two years ago.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investments by Indian corporates in IT have not risen in two years, with 40% of proposed projects being cancelled, says Infosys Chairman N R Narayana Murthy.
In a bid to tap the growing information technology market in Germany, Aftek Infosys Ltd, will participate in Systems 2003, a major international fair for IT and telecommunications, to be held in Munich from October 20 to 24.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The 50-share NSE Nifty after moving between 10,374.30 and 10,307.30 settled flat at 10,348.75, up 6.45 points, or 0.06 per cent.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
According to analysts, IT firms like Infosys, TCS and HCL Technologies are likely to benefit the most on account of larger US exposures and dollar billing.
Rajasthan has lined up a slew of incentives and benefits for startups to set up base there as the state aims to become a technology hub like, Andhra Pradesh and Karnataka.
'Because of the failure of the UPA era (2004-14), we will add another 10 crore by 2025...total 20 crore in the 21-45 age group with low skills, low education.'
TCS has done better than Infosys in sequential and yearly revenue growth so far this financial year.
The upsurge in capital market seems to have bypassed the information technology sector where the top 25 companies including Wipro, Infosys, HCL and NIIT, lost almost Rs 66,500 crore in market value since March 8, 2001.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Anant Gupta, HCL Technologies' chief has an amazing success formula to get things done.
Murthy is launching an online market place for healthcare products.
HCL's president & CEO Anant Gupta talked to Business Standard about the demand environment, its in the European market and Roshni Nadar's induction into the company's board of directors.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.
The broader NSE Nifty gained 22 points to 10,480.60
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
People who are close to retirement and don't intend to go back to full-time work again should deploy a part of their VRS money in equities so that it keeps growing at a faster rate.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The company expects around $40 million annualised revenue from the acquisition but declines to share financial details of the deal.
The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
Indian IT industry veterans believe lack of maturity from the political leadership may have helped people in the US to take advantages.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
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