In previews of Q2FY25 and beyond, industry analysts are expecting a turnaround for IT services. High teens earnings per share or EPS growth is expected for the next two-three financial years. The hopes are backed by deal wins of above $100 billion as at Q1FY25, up 16.6 per cent year-on-year ( Y-o-Y).
Kashmir is at the cusp of a new beginning as the security situation in the Valley is "peaceful and stable" but reducing the footprints of security forces is not recommended at this stage, a top Army officer said here on Thursday.
"Based on this consensus, the process of disengagement is almost complete. Our efforts will be to take the matter beyond disengagement; but for that, we will have to wait a little longer," he added.
Before assuming charge of the CDS, Gen Chauhan paid tributes to India's fallen soldiers at the National War Memorial in the India Gate complex.
Sukanya Verma raises a toast to the top female performers of 2024.
India is among the fastest-growing markets for Google in the cloud services segment, a senior executive has said, adding that the tech giant is looking to partner companies in their business transformation through its offerings. Google Cloud India is seeing an "increased adoption" of its offerings across segments from the public sector to small and medium businesses and from startups and digital-native companies, Google Cloud India vice president and country managing director Bikram Singh Bedi told PTI.
While several international films and Web series on the OTT have explored the dangers of AI, it's interesting to see a desi take on it, believes Divya Nair.
Amid severe cold and fog, the march resumed in the morning from Dodwa in Karnal's Nilokheri region and entered the Kurukshetra district later in the day.
The government is expected to outline a policy framework for artificial intelligence (AI) at the annual India Mobile Congress (IMC) 2024, beginning Tuesday, officials said. Apart from industry participation, the four-day event will feature booths from over 15 ministries showcasing how AI is being integrated into their departments.
Defence Minister Rajnath Singh announced that India's defence exports have crossed a record Rs 21,000 crore, a significant jump from Rs 2,000 crore a decade ago. He set a target of achieving defence exports of Rs 50,000 crore by 2029. Singh highlighted the importance of mastering frontier technologies in the face of evolving warfare, emphasizing the role of military training centers in preparing soldiers for future challenges. He also underscored the government's commitment to strengthening integration and jointness among the three services, aiming to enhance the armed forces' ability to face challenges together.
Lt Gen Ghai said as for the process of documenting these weapons and informing those who need to know about them, "that is definitely continuing, and I can definitely authenticate that".
With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is 'cautiously optimistic' for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation.
IT services major HCL Technologies (HCLTech) on Monday reported a 10.51 per cent increase in consolidated net profit to Rs 4,235 crore in July-September quarter of FY25, as the company raised the lower band of its growth guidance on the back of better-than-expected performance. The Noida-headquartered firm had posted a net profit of Rs 3,832 crore in the year-ago period. HCLTech increased the lower band of its revenue growth guidance to 3.5-5 per cent year-on-year in constant currency, against a guidance of 3-5 per cent in the first quarter.
Bangladesh has summoned the Indian High Commissioner in Dhaka over border tensions, accusing India of violating a bilateral agreement by constructing fences at five locations along the Indo-Bangla border. The development comes after Bangladesh officials alleged that India had halted construction of barbed wire fencing due to strong opposition from the Border Guard Bangladesh and local residents.
Security forces on Tuesday morning gunned down two terrorists holed up in a forest area near a village in the Akhnoor sector in Jammu and Kashmir, taking the number of militants killed in the 27-hour-long gunfight near the Line of Control (LoC) to three, officials said.
Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.
The aircraft was allowed to move inside India as the air defence personnel knew who was inside the plane, they said.
Gen Pande, who was serving as the vice chief, became the first officer from the Corps of Engineers to helm the force.
'Our growth in banking, financial services, and insurance (BFSI) is a prime example.'
India and China have implemented a pact on patrolling in Depsang and Demchok along the Line of Actual Control (LAC) in eastern Ladakh, as per agreed modalities and timelines. The agreement was reached on October 21 and includes provisions for disengagement and patrolling in the last two friction points in the region. The pact has been effected and implemented as agreed, with both sides resuming patrolling activities and grazing, where applicable, as per longstanding practice before the friction began. The terms of the disengagement agreements reached prior to the latest pact continue to hold in relevant areas in eastern Ladakh. The agreement applies mutually to both sides and is without prejudice to India's positions on the LAC or boundary lines. India and China are each carrying out one round of patrolling in Depsang and Demchok, but they have maintained their deployment of troops along the LAC. The focus now is on de-escalation of the overall situation. The agreement was endorsed by Prime Minister Narendra Modi and Chinese President Xi Jinping in a meeting in Kazan, Russia, signaling attempts to normalize ties.
In a surprise military shake-up, the Pakistan Army on Wednesday announced that the powerful spy agency ISI chief Lt Gen Faiz Hameed has been appointed as Peshawar Corps Commander -- a crucial position in view of the Taliban's takeover of neighbouring Afghanistan.
If you're hosting a Diwali party, you need a chartbuster playlist to make it a night to remember.
'Son believes India has a significant opportunity in chip design, especially in creating IP that will be uniquely Indian.'
'If Lord Ram can forgive Manthara, if he can forgive Kaikeyi, if he can even forgive Ravan after the great battle was done, surely you can let go of this extremely small thing in comparison... not that I need your forgiveness.'
The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss.
Film folk brought in the New Year with pretty posts and warm wishes on social media.
Global firm Accenture's fourth quarter results prove that the worst is behind for the Indian information technology (IT) sector, said analysts on Friday (September 27). While the pace and the broadness of recovery is debatable, they said Accenture's results and revenue growth guidance for the next financial year (FY25) reduce downside risks for Indian IT companies.
The top three Indian IT firms -- Tata Consultancy Services (TCS), Infosys and Wipro -- collectively trained over 775,000 employees in generative AI (GenAI) capability by the end of 2023-24, according to an analysis of GenAI-trained workforce of leading companies in India in this sector. This number is significantly higher that the projection made by the IT industry body Nasscom in its Strategic Review of 2023, released in February this year. It said in 2023-2024, over 650,000 employees across the IT industry received training in Gen AI skills.
Sara Ali Khan has a treat in store for her fans. Rediff.com's Mayur Sanap, Hitesh Harisinghani and Afsar Dayatar get the details.
The situation along the Line of Actual Control (LAC) in eastern Ladakh is stable but sensitive and not normal, Chief of Army Staff General Upendra Dwivedi said on Tuesday on the dragging military standoff between China and India in the region.
It took India and the Indian Army to show to the world that enough is enough and to challenge the neighbourhood bully, he said.
Monochrome is eternal, as are prints. Have fun with both.
Lt Gen Anil Chauhan (retired) will assume charge as India's new Chief of Defence Staff on Friday, an appointment that is expected to bring the focus back on the implementation of the ambitious theaterisation drive to bring synergy among the three services.
Young, aspiring designers at Lakme Fashion Week x FDCI give this fashion mega show a brilliant start with simple, timeless designs.
I learnt that Yogi was deeply unhappy with the BJP's choice of Lok Sabha candidates. He had proposed a list of names, but hardly any of his suggestions were accepted.
The sources have said that patrolling will begin at these points once the disengagement that began last week is completed and both sides will move their respective troops and dismantle temporary structures.
Wedding planner WedMeGood estimates that the average wedding budget has surged to Rs 36.5 lakh this year, with destination weddings averaging Rs 51 lakh.
Chief of Army Staff Gen Manoj Pande has carried out a comprehensive review of India's military preparedness along the Line of Actual Control (LAC) in Arunachal Pradesh in his first visit to the border state after last month's clash between Indian and Chinese forces in the Tawang sector.
According to intelligence reports, the terrorists entered the Akhnoor region through the Battal area, and a wireless set seized from them confirmed their association with the JeM.
The daughter of National Award-winning filmmaker Samruddhi Porey, Srushti has taken the entrepreneurial route with her modish clothing brand, Breakfast Party.
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