Outperforming peers following a crisis in the debt markets is an act that ICICI Prudential Asset Management Company fund manager Manish Banthia has pulled off more than once.
Keep cover letters under one page long, advises Ajay Singh, head, people services, Quess Corp.
This doctor couple put their faith in India. And in return India has put faith in them.
'Military is too serious a matter to be taken as a tour for a few years.'
The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
'The future is about autonomy and tanking.'
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
The coming year will be one that will test sabka vishwas to the utmost, predicts Aditi Phadnis.
'Top lines will grow, volume growth will be there, but margins might also be impacted.'
Putin said the purpose of the West is to weaken, divide and ultimately destroy Russia.
The Sri Lankan government has asserted that the recently signed maritime security pacts with India will "neither result in hindrance nor threat" to the island nation's security as "misinterpreted" by several media outlets in this country.
10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.
Under the new model, the IT services firm will replace the current structure of its various strategic business units, service lines and geographies with four strategic market units and two global business lines.
In their counter-letter, the group of former IFS officers acknowledged that the remarks made at the Haridwar event should be condemned by all right thinking, before adding that when the import of these is "exaggerated out of all proportion and the rantings by fringe elements" are seen as representative of the sentiments prevailing in ruling circles, then the political leanings and moral integrity of the critics can be rightly questioned.
While for clients it has led to increased outsourcing, they are no more worried about which shore the service providers are executing the project in - offshore, onshore or near-shore - because remote working has become the standard norm in the industry, giving rise to a "no shore" kind of model.
Companies like Amazon Prime Video are also temporarily lowering bit rates -- a measure of how much data is being transferred -- to ease pressure on telecom network infrastructure.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
Loans for Indian airlines have dried up as banks have become cautious to lend to the sector.
Will Annamalai's attacks on the DMK revert the anti-BJP feeling in Tamil Nadu, asks N Sathiya Moorthy.
While HDFC Bank has vowed to recoup its lost market share in the credit card segment in three to four quarters by aggressively sourcing new cards, brokerages believe it is a little hard to come by, given how competitive the landscape has become, with other players in the market becoming equally aggressive to gain market share. Kotak Institutional Equities in its report on Monday said, "We would like to believe that the recovery in market share is likely to be gradual, if any. "All the key players, including Axis Bank, are now willing to expand their credit card portfolios as they have tested quite well against Covid-19."
'The recent correction in indices has made the markets cheaper to invest for the long term.'
Inflation trajectory, domestically as also globally, is what will shape the economy, and therefore the market, over the next couple of quarters.'
There's no place like home, but even for the affluent buying one in India is difficult. On top of that, the coronavirus pandemic-now in its eighteenth month-has made life uncertain. A hopeful thing is buying a house looks alluring as loan interest rates fall below 7 per cent, their multi-decadal lows. The slow decline in GDP growth after demonetisation, followed by the economic shock caused by Covid-19 waves, has hurt us unevenly.
The recoveries have surged to 20,37,870 in the country, while there are 6,76,514 active cases of COVID-19, according to the data updated at 8 am. The record high recoveries have ensured that active cases of coronavirus infection, the 'actual caseload' of the country, currently comprises less than 1/4th (only 24.45 per cent) of the total cases.
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
Only 30 flights per week will operate between India and the UK when services resume from January 8 and this arrangement will continue till January 23, Aviation Minister Hardeep Singh Puri had said on Friday.
'He was not scared of Covid, but always took all precautions.'
'All enemy positions lay exposed, providing immense information to the Indian Army and IAF to conduct successful flushing out operations.'
'By the end of 2022, we expect the installed base of 5G smartphones in India to reach 80-85 million.'
A look at six indicators shows all of them have collapsed from positive growth in April to contraction in September.
India's manufacturing sector activities moderated in August, as business orders and production rose at softer rates due to the pandemic and rising input costs, a monthly survey said on Wednesday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) stood at 52.3 in August, down from 55.3 in July, indicating a softer rate of growth that was subdued and below its long-run average. The August PMI data pointed to an improvement in overall operating conditions for the second straight month.
However, this restriction will not apply to international all-cargo operations and flights specifically approved by the DGCA.
In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.
Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.
Billionaire Mukesh Ambani's Reliance Industries on Friday reported a 43 per cent jump in its September quarter net profit as its businesses from oil to retail fired on all cylinders, growing both sequentially and on a year-on-year basis. Net profit of Rs 13,680 crore, or Rs 20.88 per share, in July-September compared with Rs 9,567 crore, or Rs 14.84 a share, in the same period a year back, the company said in a statement. While better realisation and a sharp rise in crude oil prices benefited the old-economy business, retail saw footfalls at stores reach pre-Covid levels and per user earning from telecom business rose.
For the longest time the Polo GT had no real competition in terms of its build quality and product positioning. Until now, says Pavan Lall.
To be able to manage any such uptick, Indian IT services players are hiring more locals, and relying on hybrid work models.
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
Pakistan's Sohail to return home after injury ends England tour
Moody's Investors Service on Thursday said loans to retail customers, especially those to low-income borrowers, will remain most affected due to the shock caused by the coronavirus pandemic. Despite the pandemic challenges, asset quality at Indian banks has performed better than expected at the start of the outbreak, Moody's said. "Corporate loans, in particular, have performed well because banks prior to the pandemic had largely provisioned for legacy problem loans and tightened underwriting standards," Moody's vice president and senior credit officer Srikanth Vadlamani said. Addressing an online conference organised by Moody's and its affiliate Icra, Vadlamani said an increase in non-performing loans in both public and private sector banks is subdued.
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