Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.'
Shares of Billionbrains Garage Ventures, the parent of online broking platform Groww, soared nearly 30 per cent on their market debut on Wednesday, defying the recent trend of muted listings. The stock opened at Rs 112 and hit a high of Rs 134.4 before settling at Rs 128.85 on the NSE - a gain of 28.85 per cent over its issue price of Rs 100.
It was a unique celebration; there is no other instance where Harijans were feted to celebrate India's Independence, says Prakash Bhandari.
Brokerages lowered their earnings estimates following muted results in Q1FY24. While analysts remain optimistic about the stock's medium-term prospects, they highlight near-term concerns stemming from lower realisations due to changes in the product mix and margin pressures resulting from new plane additions.
Company aims to cross $1 billion in revenue for its BPO business.
Now they are reinventing their strategies to stay afloat, as they see no sign of recovery for at least six months.
We asked readers to help Tiger out by suggesting titles for his new film with Hrithik Roshan, and we got many responses!
Indian IT services provider Wipro said it is keen to expand its footprint in France as the country offers huge potential for growth and has stepped up its investment in the region.
Wipro Technologies CFO Manish Dugar tells Ravi Menon that smaller deals are coming in use to gain mindshare and pave the way for the big-ticket contracts.
Sethia's accomplice Bhagat Ram Thapar was sentenced to six months jail for helping him commit the crime.
The study has predicted that confirmed COVID-19 cases reported daily will show a rising graph till the end of June. "A clear downward trend in the confirmed cases is likely to be observed each day from the second week of July," Nandadulal Bairagi, a senior professor of Jadavpur University who was involved in the project told PTI.
The Tata Sons' chairman emeritus has been aggressively investing in start-ups, ranging from e-commerce firms to cab aggregators
The amount millenials spend on eating out is changing everything about the eating-out business.
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
Ditch the usual, embrace your creative side!
Trai lowering of roaming tariffs likely to have negligible impact on financials as existing headline tariffs are lower.
An increasing number of b-school graduates are exploring tea-based services and products for businesses and some of them have tasted success too.
The much-awaited soft launch of Reliance Jio's next-generation mobile services has been delayed by another month.
Sunita Dugar, Parneet Sandhu and Neetha Jegan set out on a dream trip that changed their life. This is their story.
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While cost pressures could partly offset the expected gains, given the currency hedging by companies the gains will not accrue immediately.
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.
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