India's top IT companies have shown a hiatus between their performance on the bourses in the pandemic period and earnings growth. The combined market cap of the top five IT companies - Tata Consultancy Services, Infosys, Wipro, HCL Technologies, and Tech Mahindra - is up 87 per cent since the end of March 2020. In comparison, the benchmark BSE Sensex is up 68 per cent during the period. So the industry beat the broader market by a big margin in the last one year.
The volume in the anonymous trading platform, NDS-OM, was Rs 7,210 crore - less than half the normal volume, but not as bad as the start of the day indicated.
If everybody is 'working' from home, then how has TV consumption gone up? Who is making all that gourmet food being posted on social media?
The usually busy Greater Noida expressway is empty except small groups of commuters that gather at its sidelines, seeking lift from every passing vehicle.
The COVID-19 pandemic and the ensuing restrictions in mobility may result in a 75 per cent reduction in the budgetary allocation for foreign travel in FY22, a senior finance ministry official said. The government will cut "frivolous expenditure" when all the activities are going on in the virtual mode, joint secretary in the ministry of finance, Madnesh Kumar Mishra, said in an event organised by XLRI. It can be noted that the budget for the next fiscal is under preparations right now and officials are also having discussions internally and also with external stakeholders for suggestions.
The idea is to keep the RBI's information technology (IT) infrastructure in top shape to run the payments and settlement system uninterrupted 24x7, and run the full gamut of RBI functions from the secured data centres, as nearly 14,000 RBI staffers, except the senior-most management, work from home.
The strike, however, had no impact on production of auto majors Maruti Suzuki India, Hero MotoCorp, Honda Cars India, Mahindra & Mahindra, Tata Motors and Hyundai Motors India as their plants in various parts of the country functioned normally.
United States polls, coronavirus lockdowns and protests... Here's a look at the best images from October.
The resurgence of COVID-19 has dented but not debilitated economic activities in the first half of Q1 of the current fiscal even though caseload of infections is much higher than before, according to an RBI article. The ferocity of the second COVID-19 wave has overwhelmed India and the world, the article said, adding that war efforts have been mounted to stop the surge in its tracks. "The impact of the second wave on the real economy seems to be limited so far in comparison with the first wave. Evidently, the localised nature of lockdowns, better adaptation of people to work from home protocols, online delivery models, e-commerce and digital payments are at work," the article on the state of economy authored by RBI Deputy Governor M D Patra and other officials said.
When we don't get enough sleep, our bodies release a stress hormone called cortisol, which disturbs our digestive system leading to bloating and constipation, says Neha Sahaya.
'We were not trying to outshine each other, we were just trying to be sincere and honest to what was given.' 'We spent quality time with each other, so there was no room for any negativity or insecurity.'
A vast majority of employees do just the bare minimum that ensures they escape censure or reprimand, such that they are seen to be doing their bit, without coming in the cross-hairs of the HR team for under-performance, observes Sandeep Goyal, managing director, Rediffusion.
Namrata Thakker gives you some inspiration from our fashionably forward Bollywood stars!
The first half of the year (H1-2020) was marked by sluggish growth with demand down 26 per cent YoY, while the second half saw recovery. H2-2020 recovered with 19 per cent YoY growth, reports Shivani Shinde.
A stressed out body could do more damage to the entire system than you can imagine.
The Delhi Metro will operate at 50 per cent capacity and markets and malls in the national capital will open on an odd-even basis from June 7, Chief Minister Arvind Kejriwal said on Saturday as he announced further relaxations in lockdown.
'It is critical that the Covid curve does not have a fat tail and the chain is broken quickly.'
To be able to manage any such uptick, Indian IT services players are hiring more locals, and relying on hybrid work models.
Earnings growth in the early-bird sample has been driven by banks and iron & steel companies.
Celeb-inspired ways to style your Diwali look.
The new iMac, two iPads and iPhone 12 and 12 Mini will be open for ordering starting April 30, just like in the US, the UK, China and Japan.
Bollywood is doing their bit to keep the mood light during this time of social distancing and self-isolation.
When it comes to performance and affordability, how do these Indian headphones fare when compared popular international brands like JBL and Sennheiser?
Will people buy as many cars as before if more office-goers are working from home? How much existing office space in commercial buildings will become surplus, and what will that mean for the construction industry, asks T N Ninan.
Maharashtra so far has 52 coronavirus positive cases, while one Covid-19 patients died in Mumbai this week.
How are you preventing COVID-19? Share your simple tips and home remedies. We'll publish the best responses here.
IMD expects day temperatures to remain above-normal in select regions across the country between March and May 2021.
Deepak G C, 49, an electrical engineer, shares his fascinating story.
'Our liquidity is strong for the next 15-20 days.' 'But if the situation worsens drastically, then we will have to think about laying off people.'
Former Miss Commonwealth Asia Pacific Shweta Raj tells us why she wrote a guide book for aspiring models in the lockdown.
Rahul Ram on the anthem he created for Oxfam's Inequality Virus project.
Dietician Komal Jethmalani provides expert help.
Dietician Komal Jethmalani provides the answers.
What do you do when you've lost your job during the lockdown and are unable to get another one? Get expert advice from HR Guru Mayank Rautela.
While you cannot avoid the delay in payments from your customers, you must come up with new ideas on building your internal cashflow system to ensure that the cash crunch within the organisation is minimal, suggests Naval Goel.
Confident that a cyber attack won't affect you? Think again, says Nandakishore Harikumar.
Pooja Khanna, co-founder, Mindhouse app reveals how simple habits can help you relax and sleep better.
The Union health ministry has issued new 'Standard Operating Procedures (SOPs) to contain spread of COVID-19 in offices' and according to these, if one or two cases are reported, the disinfection procedure will be limited to the areas occupied and visited by the patient in the last 48 hours.
'When the camera rolls, he is Salman Khan and he is Aayush Sharma.' 'No family comes into the picture.' 'That became quite a challenge for Aayush because he knew this film will make or break his career.' 'Mahesh sir also told him: "When you're shooting, you have to forget you are related or that he's a superstar".'
'Switch to digital mode. Read e-newspapers, e-books. Pay bills online; it is cheaper,' suggests Vijaylaxmi Unney.
