Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports
While TCS will see demand in the US and Europe, its local business is likely to be hit on poor IT spending.
To celebrate India's glorious World Cup win on June 25, 1983, Paymentz launch The 1983 World Cup Opus exactly 39 years later.
Zwigato urges viewers to think critically about the kind of unethical behaviour that food delivery workers have to put up with on a daily basis because of insensitive customers, observes Chintan Girish Modi.
The number of times public sector undertakings (PSUs) have held conference calls with investors, their capital management, and debt financing are among the parameters that the Centre will use to judge their performance for the first time, a senior official in the know said. The government will evaluate PSUs for FY22 based on new parameters that were finalised by the Department of Public Enterprises (DPE) in consultation with the Department of Investment and Public Asset Management (DIPAM) last year, the official said. The government had included more conditions in the memorandum of understandings (MoUs) - used to set annual targets - that public sector enterprises sign with the DPE every year. These included a consistent dividend policy, which seeks to transfer dividends by PSUs every quarter; and market capitalisation or share price improvement over the sectoral index on an annual average basis for listed companies.
Markets
'We will likely be buffeted by tailwinds from the global economy, geopolitical shifts and robust domestic demand.'
While Mukesh Ambani-led RIL posted a 108 per cent YoY rise in profit after tax for Q4FY21 at Rs 13,227 crore, it fell short of Bloomberg estimate of Rs 13,704 crore.
While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.
Most positives seem to be factored into current valuations.
'Doubt if we will ever see Indian players in overseas leagues'
'Historically, Qatar has done wonders as I don't think this will ever be possible with the new format of the World Cup.'
The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.
Axis Bank and ICICI Bank consumed 37-59 per cent of their operating profit for COVID-19 provisioning, while the figure is 24 per cent in case of Kotak Mahindra Bank and 10-12 per cent for IndusInd Bank and HDFC Bank.
'I don't think Shami had any doubts that Ravi would stick by his word, but to see the head coach move heaven and earth to ensure his best interests were taken care of at a difficult time must have made a massive impact on him.' A fascinating excerpt from R Sridhar's must-read book Coaching Beyond: My Days with the Indian Cricket Team.
Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price.
If Boland gets a chance to play the first Test in Nagpur, he would probably like to walk the talk as he said in episode No. 2 of 'Test'.
Arunoday Singh shines in this wickedly funny crime thriller, observes Namrata Thakker.
Bharti's ratings headroom is likely to improve with an equity infusion, planned asset sales and growing EBITDA from Africa.
Chetan Sharma salutes the memory of Dean Jones.
Check out the best playing XI from the IPL 2023 league stage.
Kulkarni was part of the commentary team of the official broadcaster before being approached by the five-time champions.
How sweet it is: Eubanks's climb up the ranks is 'icing on the cake'
Bajaj Finserv was the top gainer in the Sensex pack, jumping nearly 5 per cent, followed by Bajaj Finance, Infosys, M&M, Maruti and HDFC. NSE Nifty surged 93 points to 15,301.45.
'The market won't wait for earnings to recover.'
'I never imagined that there would come a day when the NBA game would be seen and heard by Indian fans in their own language.'
Former Australia cricketer Michael Slater has admitted himself into care for 'health and mental issues' after being charged by police following a report of a domestic violence incident in Sydney.
Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's retail behemoth.
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
Naresh Kumar, who famously mentored a young Leander Paes as India's Davis Cup captain, has passed away.
Accenture's Q1 FY22 results have sent a wave of cheer among analysts, as the company raised its revenue guidance and said it expects double-digit growth in outsourcing, up from single digit to low double-digit growth expected earlier. Accenture's financial year ends on August 31. The company raised its revenue outlook for FY22 to 19-22 per cent in local currency, up from 12-15 per cent earlier.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
'I'm very passionate. I feel I've got the support of the men behind me to take the team forward. That's not changed at all.'
Company's revenue growth is likely to be volatile going ahead
They just wanted their angst noticed, and as a symbol of recognition, Jallikattu, restored without the annual ritual of court cases and adjournments, explains N Sathya Moorthy.
The December quarter, generally a soft one for India's IT sector due to holidays and furloughs in certain sectors, is expected to be further affected because of currency volatility.
Mili establishes Janhvi Kapoor as an actor striving to be taken seriously, observes Sukanya Verma.
'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'
It had reorganised its India business by carving out public sector undertaking and government businesses. Besides the company had also split its India and West Asia businesses.
While growth metrics for Infosys was skewed to a single vertical and it is struggling to get a handle on costs, TCS has been able to manage growth and keep cost inflation under control.
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