Will Infy spring a surprise in subdued second quarter?
The challenge for Indian software is clear. A good part of its bread and butter business - writing code and maintaining software systems - is being automated, reducing revenue streams and work for lower level employees
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
The 50-issue Nifty fell 29.60 points or 0.34 per cent to close at 8,642.55
IGATE's shares closed on Nasdaq on Friday at $45.85.
Shares of most European banks are down significantly.
Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers
All of these companies are present in India.
The Reserve Bank of India (RBI) is expected to keep policy rates unchanged at a six-weekly rate review on Tuesday, ending a year-long cutting cycle as it focuses instead on underpinning the plunging currency.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Without factoring in the rupee-dollar exchange rate, the index has been touching new all-time highs repeatedly.
iGate Corp, the Nasdaq-listed information technology (IT) services company, on Thursday posted better-than-expected numbers for the quarter ended September 30, backed by impressive performance by some of its key verticals such as banking, financial services & insurance (BFSI), manufacturing and health care.
The central bank has, so far, cut its repo rate by 125 bps.
While TCS, Infosys and Cognizant have hinted at a weak quarter, analysts say the slowdown is cyclical and growth will return after the US elections
A look at the current contenders International Bank Note Society's Banknote of the Year
Gold stocks in India are estimated to be over 20,000 tonnes at present.
As regards India, market valuations already reflect most positives.
The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
The Reserve Bank on Wednesday permitted wholly-owned subsidiary (WOS) of foreign banks to acquire domestic private sector banks as well as set up branches anywhere in the country.
The watershed 2014 Indian election has thrown a decisive mandate after 30 years of coalition-based governments.
Ratnakar Bank to absorb RBS' employees involved in three businesses
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
Despite no change in interest rates, India's largest lender, State Bank of India, last week became among the latest to lower deposit rates, often a precursor to lower lending rates, something some banks have already done for certain consumer loans.
Non-resident Indians (NRIs) are very positive about India
As Maharashtra's main political players, the Congress-nationalist Congress Party alliance and Bharatiya Janata Party-Shiv Sena combine, brace for the Lok Sabha and subsequent state assembly polls this year, they would have to contend with a new opponent, the Aam Aadmi Party, which has decided to take the electoral plunge in a big way.
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
Was Adani able to clinch this loan merely as a result of his proximity to Prime Minister Narendra Modi?
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
New Reserve Bank of India chief makes his first monetary policy statement on Friday with expectations he may scale back some of the emergency measures that have helped the rupee bounce from a record low.
Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.
India is also exploring that way but the strength of the Indian economy was such that not even one bank was threatened, not even one insurance company was threatened, and we were able to withstand the shocks.
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
'If there is one message coming out of Delhi, it is that the country is ready for inclusive, bipartisan politics, not based on caste, community and religion, but based on issues of a modern India.'
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances