'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.'
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.
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.
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.
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.
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.'
Former India spinner Laxman Sivaramakrishnan lamented that the current lot of leg-spinners don't have the ambition to play Test cricket and blamed it on too much stress on reverse swinging the ball these days.
Yes Bank was the top gainer in the Sensex pack, surging 3.76 per cent, followed by SBI at 3.18 per cent.
'We remain positive on technology, private sector financials, gas, infrastructure, and export-oriented plays.'
Will Infy spring a surprise in subdued second quarter?
Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are strong enough to withstand such pressures. Taking the markets by surprise, US Fed chair Jerome Powell had told the annual Jackson Hole summit of central bankers and economists last week that he would have to keep raising federal fund rates to tame inflation, which remains the biggest challenge to the world's largest economy. He also warned of the pains that such monetary policy actions would create on growth and jobs.
Infosys, HCL might fare marginally better than TCS.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
The UK judge who handed down his judgment on Thursday in favour of the extradition of Nirav Modi to face charges of fraud and money laundering in India said he had found no evidence of adverse political influence in the case, as claimed by the diamond merchant's legal team.
Good growth in BFSI segment, favourable currency to aid the company in Dec quarter
US private equity firm I Squared Capital is dropping out of the race to buy India's second-largest state oil firm, Bharat Petroleum Corporation Ltd (BPCL) owing to a complex deal structure and lack of financial backers for the transaction, sources said. I Squared Capital through its Indian arm, Think Gas was among the three suitors that had evinced interest in buying the government's near 53 per cent shareholding in BPCL. "The company has made a decision not to participate in the financial bidding," a source with direct knowledge of the development said.
Till such time that a new governance framework comes into being, the progress of reforms in health, education, land, labour, electricity and agriculture could remain fraught with problems, agitations and delays, observes A K Bhattacharya.
'He doesn't find a place in this playing XI. That is stunning. Astonishing'
'At present Metaverse is a hype cycle.' 'If it succeeds, then I would like to see TCS there, too.'
As Nasdaq-listed company indicates poor spending in financial services space, Indian firms feel jittery
'For an introduction to his career-spanning genius, watch just five of his movies: Anand, Saudagar, Abhiman, Black and Pink,' notes Kalyan Singhal, McCurdy Professor of Business at the University of Baltimore.
TCS, Infosys do well but Wipro & HCL disappoint analysts; however, outlook for FY17 bullish in general.
The Indian batting legend reckons the pressure is now on Australia.
Last week, Team India roared into the final of the inaugural edition of the ICC World Test Championship (WTC) following an emphatic 3-1 series win over England.
The Tata group has begun its second innings with Air India from a war zone. Being first up in Operation Ganga to evacuate Indian nationals from Ukraine, the salt-to-software conglomerate has faced a real war. But the fire-fighting that the group experienced in appointing a chief executive officer (CEO) for the airline that it acquired from the government in a Rs 18,000-crore deal recently may have felt no less.
"My department is being singled out publicly. I always regard him as my elder I always listen to him."
'Private banks are well-placed to deliver good performance over the next six months.'
If they can sit together and hammer out 'Black Sea Initiative' deal for much needed food shipments, surely, they should be able to address the madness of the larger military conflict?
Gland Pharma, promoted by China's Fosun, has extended its gains, is up 40 per cent since its listing.
'Higher than expected inflation in the US or the European Union, faster than expected tightening by the major central banks, break out of a war in Europe, and withdrawal of portfolio equities from the emerging markets are factors which can result in equity market corrections.'
Prime Minister Narendra Modi on Sunday said he regrets not being able to learn the world's oldest language Tamil during his long political innings as a chief minister and prime minister.
India's top IT companies have shown a hiatus between their performance on the bourses in the pandemic period and earnings growth. The combined market cap of the top five IT companies - Tata Consultancy Services, Infosys, Wipro, HCL Technologies, and Tech Mahindra - is up 87 per cent since the end of March 2020. In comparison, the benchmark BSE Sensex is up 68 per cent during the period. So the industry beat the broader market by a big margin in the last one year.
The Ethics Officer has ruled that the former India players have to choose between CAC, IPL jobs
Amid fears of a third wave of coronavirus pandemic and hardening of retail inflation, the Reserve Bank is likely to maintain status quo on interest rate and watch the developing macroeconomic situation for some more time before taking any decisive action on monetary policy. The RBI is scheduled to announce its bi-monthly monetary policy review on August 6 at the end of the three-day meeting -- August 4-6 -- of the Monetary Policy Committee (MPC). The RBI Governor-headed six-member MPC decides on the key policy rates.
Attrition is driving the hiring effort on campuses.
'I was seven years old in 1983. I never heard about that historic win because we did not have a radio set in our village.'
India, who went into the World Cup as one of the favourites, were handed a heartbreaking defeat by New Zealand in the semifinals.
'What the northern Indian states lack is responsive politics based on the principles of development, social justice and equality.' 'A cut-and-paste job cannot make up for such lethal deficiency,' observes says Ambassador M K Bhadrakumar.
'Money that came into mutual funds near the previous peaks -- the second half of 2017 and 2018 -- has in most cases experienced unflattering returns.' 'A large proportion of redemptions could be such inflows exiting when the market recovered sharply from July 2020 onwards.'
