Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Infosys' co-founders, S D Shibulal and S Gopalkrishnan, on Tuesday launched Axilor Ventures, a business incubator and platform for supporting innovation and entrepreneurship.
Data also show that several other leading domestic pharma companies have recalled their products from the US
Anand will also interact with the Indian and German students at the Technical University of Chemnitz.
After another profitable quarter, Anil Chanana, chief financial officer, HCL Technologies, tells Karan Choudhury that customer confidence is at an all-time high.
Tata Consultancy Services (TCS) on Thursday reported an 8.4 per cent rise in consolidated net profit to Rs 6,586 crore for the second quarter ended September 30 and said uncertainties in environment had resulted in holdbacks in discretionary spend by customers.
The company has decided to consolidate its delivery functions horizontally
'The worst case scenario is a rebound of the virus.' 'Life is not going to be what it was.' 'Life as we know it has changed forever.' 'The new normal therefore is test, trace and treat.'
A quarterly study of PE investment activity based on data provided by Venture Intelligence, such funds in the third quarter of this year totalled $3.01 billion through 103 deals, according to the PwC MoneyTree India report.
Healthcare sector is hiring staff, says Monster.com.
'Despite muted growth in financial services, all other businesses have done well.'
The investments exceeded the $2 billion mark for the first time in 6 years.
Overall, it has projected a 10.3% salary rise for India Inc in 2016 compared to 10.6% in 2015.
The company's revenue rose by 11.7 per cent to Rs 27,364 crore.
Bank shares were the top losers along with index heavyweight RIL
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
IT major Wipro on Friday reported a 9 per cent rise in Q3 net profit at Rs 2,192.8 crore in Q3.
The founders of Gland Pharma, led by Ravi Penmetsa, and KKR, together own 96 per cent of the company.
Led by the booming e-commerce sector, private equity investments in India surged over 17 per cent with deals worth $ 11.49 billion
'We have often heard the mythical argument that patents block access to life-saving drugs, but only 5% of medicines from multinational companies are under patent protection in India.' 'Where these patented products are beyond the reach of Indian patients, the companies have programmes to facilitate access to their drugs, for free or for a fraction of the price,' points out Ranjana Smetacek, former director general, Organisation of Pharmaceutical Producers of India.
Swedish Prime Minister Lofven lauded India as 'global power' and said the two countries are a 'perfect match'.
'The key is to keep the growth sustainable over a period of time.'
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
IT services major Infosys, which has been battling high attrition rates, expects the situation to continue for a few more quarters before it can be brought down to "comfortable" levels, its Chief Operating Officer U B Pravin Rao said.
It is a slight improvement over last year.
Saudi Arabia is insisting on 'In Kingdom' total value-addition requirements
Overnight, the Wall Street closed on a flatter note.
ITC has provided retailers with leaflets to assure customers of Yippee noodle's quality and safety standards
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
India has been ranked as the most attractive investment destination in the world for the next three years.
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
This is not just a Ranbaxy or Wockhardt problem, says K Satish Reddy
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
The winter session of Parliament will commence on November 26.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Around 300 promoters serve their company boards for free.
The country's largest software exporter Tata Consultancy Services on Monday reported a stellar 72.7 per cent growth in net profit at Rs 6,413 crore for the fourth quarter of last fiscal ended March 31.
