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Hiring slowdown lifts India's top IT companies' profit per employee
A slowdown in hiring by India’s top IT companies has resulted in a sharp increase in the industry’s profit per employee in Q3FY23. Illustration: Uttam Ghosh/Rediff.com The top four IT......
Households in southern states more indebted than rest
Household indebtedness is higher in the southern states as compared to the other parts of the country, a report said on Tuesday. Illustration: Dominic Xavier/Rediff.com Citing the All India Debt......
High commodity prices hit India Inc's profits, margins
The inflation scare is the strongest among manufacturers of consumer goods such as automobiles, consumer durables, and FMCG. Illustration: Uttam Ghosh/Rediff.com After the hit of the pandemic,......
Icra projects 7.3% contraction in FY21 GDP
Domestic ratings agency Icra on Monday forecast a 2 per cent GDP growth in the fourth quarter of 2020-21, and a 7.3 per cent contraction for the full fiscal year. Illustration: Dominic......
Corporate earnings: Q4 combined net profit is 36.2%
Earnings growth in the early-bird sample has been driven by banks and iron & steel companies. Illustration: Dominic Xavier/Rediff.com The corporate earnings season for the fourth quarter of FY21......
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