Announcing its unique recruitment model, eLitmus.com, promoted by IT recruitment firm Browse Consulting, has said that it had signed up with 53 companies in IT, BPO, banking and financial cervices and life science sectors to hire 7500 fresh graduates
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
.jpg)
Net NPA of the 26 public sector banks, including State Bank of India, rose to 2.02 during the year as compared to 1.53 in the previous fiscal. SBI and its five associates recorded a net NPA of 2.04 per cent against 1.76 per cent in the comparable period.
However, growth in factory output in January, as measured in terms of the Index of Industrial Production, was better than the 2.53 per cent expansion (revised upward from 1.6 per cent) witnessed in the previous month.
More than 50 startups have graduated from Startup Village's Physical and Virtual Incubation Programme and eight startups from Digital Incubation
Yes. Whilst public expenditure is kicking in, the key reason is the decline in private investment
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
Of the total investment announcements, tracked by an Assocham Eco Pulse study during August and September this year, the petroleum sector attracted Rs 53,300 crore (Rs 533 billion) with Indian Oil Corporation and the Reliance Group planning to pump in Rs 43,500 crore (Rs 435 billion) and Rs 8,000 crore (Rs 80 billion) respectively.
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
In view of the "runaway success" of the scheme, now it has been decided to make it open-ended with more incentives
The Manpower Employment Outlook Survey released on Tuesday also said that hiring activities are picking up in some sectors on the hopes of 'business sentiment turning positive in anticipation of a stable government coming to the helm'.
As per the first quarter figures on industrial production released by Central Statistical Organisation on Friday, the electricity sector registered a growth of 8.3 per cent as against 5.3 per cent a year ago.
The possibility of the slowdown affecting more players is greater if the industry doesn't get access to easier finance in the next six to eight months.
The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
The benchmark indices fell as Sebi cracked down on 331 suspected shell companies listed on exchanges.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
Private sector banks are way behind their PSU peers when it comes to opening financial inclusion accounts under the Prime Minister's Jan Dhan Yojana
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
The markets have opened in the positive terrain on the first day of december, traders have shown their faith in construction, IT, steel, capital goods. The selling pressure was witnessed in oil, auto, telecom stocks.
'India has benefited from lower oil prices and remains the fastest-growing large economy in the world.'
A more effective promotion of domestic manufacturing and mining could significantly reduce the trade deficit in key sectors, says T N Ninan.
Profitability and cash reserves have halved since the global financial crisis.
SBI was the biggest loser in the Sensex pack, shedding 2.40 per cent, followed by Yes Bank, Bharti Airtel, L&T, Sun Pharma, M&M, ICICI Bank, ONGC, RIL, Asian Paints, Vedanta and HUL, which lost up to 2.37 per cent.
Other gainers included Kotak Bank, HCL Tech, ONGC, Asian Paints, Vedanta, HDFC Bank, Bajaj Finance, Maruti and TCS, gaining up to 1.41 per cent. Sun Pharma was the top loser, cracking 8.58 per cent.
Pakistani rangers violated ceasefire on Thursday again by firing on 13 border outposts in Samba sector, drawing retaliation from the Border Security Force.
SpiceJet slumped slumped almost 14 per cent amid reports that the Airports Authority of India (AAI) has decided to withdraw credit facility to the low-cost carrier.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
Experts said the slowdown could be attributed to adjustments leading to destocking and the offering of discounts by companies as the government ushered in the new indirect taxation system on July 1.
"Also, 35 per cent deaths were recorded in the age group of 45-60 years, 10 per cent in the age group of 26-44 years and one per cent each in the age group of 18-25 years and below 17 years," the health secy said.
New business orders fall at faster pace, with index at 47.6 in March from 49.5 in February.
India's gross domestic product growth, which had fallen under 5 per cent, is expected to be between 5.4 per cent and 5.9 per cent this fiscal.
'The good news is that money continues to flow into India-focussed offshore funds.'
Of the 125 sectors tracked by Business Standard Research Bureau, 62 sectors have lost ground, while 63 others have gained over the May 10 levels.
Indian companies struggle to escape debt burden as profit slows.
The broader NSE Nifty gained 22 points to 10,480.60
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
