Converts part of fixed salary component into variable one
Cook further said that Apple would like to place retail stores in India and is working with the government to seek approval to do that.
As IT majors face a decline in their legacy business, they are realigning their sales strategies to push up revenues from newer technologies.
The Indian women's hockey team suffered a humiliating 0-5 loss against higher-ranked Argentina in their final Pool B fixture to end their campaign at the Rio Olympics.
Index heavyweights ITC was the top gainer along with RIL and HDFC
Financial shares were among the top gainers with HDFC leading the gains.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
The group firms reported combined losses of Rs 6,134 crore in FY19 against a net profit of Rs 5,414 crore a year ago. Excluding Vodafone Idea, the group reported a net profit of Rs 8,470 crore, down from a profit of Rs 9,582 crore a year ago.
The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
The fallen bellwether of the technology sector has a strategy to reclaim its lost position.
The advent of internet of things, blockchain, data analytics, artificial intelligence, and self-driving cars has also created huge business opportunities for online training platforms such as Udacity and Coursera.
The Sensex had bounced back with gains of 94 points or 0.3%
The process of switching off the 3G network has already started with Kolkata in the recent-concluded June quarter. By September, the shutdown will be affected in 6-7 more circles and between December and March the entire 3G network would be shut down.
Infosys has been struggling to revive high growth for two years.
Modi government needs to focus more.
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks, Jefferies says, are most prune to "high risk" emanating from ADAG, Cox & Kings, CG Power, DHFL and Essar Shipping.
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
'A growth of above 7 per cent when the fundamentals of the economy are becoming stronger still makes India the fastest growing large economy.'
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
'We don't expect any immediate impact on salaried jobs.'
Infosys, Wipro and HUL among the top losers for the day.
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
Private hospitals, especially smaller standalone ones, are staring at a crisis that they were not prepared for. Analysts say larger corporate chains have to brace up for at least six months for business to return to normal.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Sensex ends lower; govt schemes in focus.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Tata Steel, SBI, Infosys and L&T were among the top gainers for the day.
Sensex gained 38.18 points or 0.15% at 25,918.95 and Nifty ended higher by 12.50 points or 0.16% at 7,739.55.
Non-metro routes get 73 per cent of its flyers -- a factor that has earned it double-digit share with only 19 planes.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
Tata Motors was the top gainer on better-than-expected June quarter revenues
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
Traders are waiting for the earnings season to kick off.
For July-September, it pegged CPI-based retail inflation at 4.2 per cent which it saw firming up to 4.8 per cent in the second half of the current fiscal.
'We are training people to learn AI, machine learning, robotics; it is just new programmes that teach them new things and the raw material, the people, are eager to learn.'
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
