Asia's fastest-growing companies are midsize operations that have flourished on a steady diet of venture capital and liberalized policies.
As many as 489 overseas investment transactions were carried out by various companies in March, as per the Reserve Bank data released on Wednesday.
Grant Thornton reports says total value of deals in 2013 crosses $8 bn, up 34% from the year-ago period, momentum likely to continue
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
The S&P BSE 500 index, which accounts for 94% market capitalisation of BSE listed companies, has gained 45% from its March 24 low. However, out of the BSE 500 index stocks, 225 have underperformed the index by gaining less than the broader index during this period.
In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment.
The total value of India's top 100 brands has increased by 2 per cent, from $162.1 billion in 2020 to $164.9 billion in 2021, according to the latest Brand Finance India 100 2021 report. This uplift in brand value over the course of the first year of the pandemic is an impressive feat given the global economic crisis following the implementation of national lockdowns in March 2020, when business activity was brought to a halt, affecting both production and consumption. Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group.
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
Global software major Oracle Corporation has completed the acquisition of PeopleSoft development centres, operated by Covansys Corporation and Hexaware Technologies Ltd, which will add over 1,000 professionals to Oracle's applications segment.
Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients.
Oracle wants to dislodge SAP from pole position in the enterprise applications market in Asia Pacific and says it has plans to execute a four-pronged strategy to achieve the objective.\n\n
The unprecedented rainfall in Chennai during the first week of December and the resultant flooding had impacted the business operations of companies operating in Chennai
IT stocks saw massive selling pressure on Monday, falling as much as 6 per cent, after the rupee surged to 58.37 against the US dollar intra-day.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
Canada and Mexico emerge as preferred destinations to service clients in the US; east Europe and Nordic nations are favoured alternatives
Defying an overall sluggish market sentiment, IT stocks on Wednesday rose by up to 4 per cent amid the rupee sinking to a life low of 68.75 against the dollar.
While there has been an improvement in the overall demand environment, the other reason expected to trigger this growth is the absence of a bench strength in most companies
IT stocks on Wednesday rose as much as 3 per cent in an otherwise weak stock market after sentiments turned buoyant amid the rupee sinking to an all-time low of 60.35 against the dollar, as the stronger US currency boosts the sales of software firms in rupee terms.
With Democrats having an upper hand in US Congress, the Donald Trump administration will find it difficult to come up with any future legislative changes with regard to visa regulations.
Nifty ends above 8,600; Tata Motors, RIL top leaders
Shares of Infosys surged almost 7 per cent on Friday after the IT major reported a 13 per cent growth in consolidated net profit for the quarter ended December 2014.
Infosys forecast a 10.8-12.3 per cent sales growth in the US dollar terms for 2016-17.
IT stocks attracted robust demand on Monday, rising by as much as over 2 per cent, on hopes that the rupee's weakness will boost dollar revenues of the software firms.
Around 55 per cent of land in the 36 operational special economic zones (SEZs) in Tamil Nadu is lying vacant owing to various reasons, including the recent economic slowdown.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
In terms of the number of deals, there has been a decline of 13 per cent
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
The S&P BSE Sensex surged 160 points to close at 25,262.
TCS kicked-off the Q1FY17 earnings season for information technology companies on Thursday.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
Markets shrugged off RBI's neutral stance on key policy rates.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
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