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BusinessToday.In
New Delhi, July 27, 2018
According to NASSCOM, the industry is expected to add one lakh new jobs in 2018-19. In comparison, last June the body had predicted 1.3-1.5 lakh new jobs in the IT-BPM industry for FY18, although it had lowered estimates to one lakh new jobs.


BusinessToday.In
July 27, 2018
Q1 earnings of the firm took the stock to fresh 52-week high level of 307 level in trade today. ITC on Thursday reported a 10% rise in standalone net profit at Rs 2,818.68 crore for the first quarter ended June 30, 2018, aided by lower expenses, good growth in agri-business and other FMCG business despite decline in cigarettes sales.


BusinessToday.In
New Delhi, July 25, 2018
Tata Sons, the investment holding company of the $100-billion Tata Group, has approved a Rs 10,161-crore investment plan that focuses on the conglomerate's finance, insurance, defence, realty and retail units - all areas that its chairman is aggressively betting on.


BusinessToday.In
July 24, 2018
With the couple recently selling Syntel to French technology services major Atos SE for $3.4 billion, their fortunes are going to see a sharp turnaround.


E Kumar Sharma
New Delhi, July 23, 2018
The first quarter of this fiscal ended on a cheery note for the domestic IT industry's Banking, Financial Services, and Insurance (BFSI) vertical.


E Kumar Sharma
New Delhi, July 21, 2018
Wipro beats expectations largely riding on its two key sectors of BFSI, which constitutes to about 30% of revenue and consumer business unit, thereby makingfor about 16% revenue, says Sudheer Guntupalli, analyst, Ambit Capital.


Dipak Mondal
New Delhi, July 20, 2018
The income tax department's action plan for 2018-19 reveals that it is aggressively using data analytics to not just get to the tax evaders but also widen the tax base.


BusinessToday.In
New Delhi, July 20, 2018
To begin with, Parekh's employment contract, which Infosys submitted as an exhibit along with its Form 20F filing with the US Securities and Exchange Commission yesterday, contains a strict non-competition clause.


PTI
July 20, 2018
Besides, persistent buying by domestic institutional investors (DIIs) too influenced sentiment. The 30-share index, which had lost 168.73 points in the previous two sessions, was trading higher by 158.11 points, or 0.43 per cent, at 36,509.34.


BusinessToday.In
July 18, 2018
Traders said positive cues from other Asian markets, tracking overnight gains in the US market following upbeat remarks from Federal Reserve Chairman Jerome Powell during his congressional testimony boosted investor sentiment.


PTI
July 17, 2018
Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.


E Kumar Sharma
New Delhi, July 17, 2018
For the moment, analysts and management experts point to some lessons that many of the IT sector players, could pick up from the results of these two important Indian IT companies.


BusinessToday.In
New Delhi, July 15, 2018
Equity markets had a pretty good week and this strong momentum is expected to continue in coming days, says Vikas Jain, Senior Research Analyst at Reliance Securities. Among individual sectors, auto, private banks and energy stocks are expected to show strong performance in the next.


Mail Today Bureau
July 14, 2018
Infosys on Friday posted a lower-than-expected 3.7 per cent rise in net profit for the quarter ended on June 30, 2018, due to a one-off charge related to fair value reduction of Panaya business.


E Kumar Sharma
New Delhi, July 13, 2018
Analysts were hoping for a better performance in the developed markets, at least in three verticals (retail, BFSI and communication) that contribute over 60 per cent of total revenues.


BusinessToday.In
New Delhi, July 13, 2018
Ruchit Jain, Technical Analyst, Angel Broking, takes viewers through all the market action today. While the Sensex ended 6 points lower to 36,541 level, the Nifty fell just 4 points to 11,018 level. Reliance Industries, Infosys and Bajaj Auto were the top Sensex gainers.


BusinessToday.In
New Delhi, July 13, 2018
As RIL stock surged to a record high of Rs 1,101 after touching an all-time high of 1,106.65 during the day on Friday, the net worth of Mukesh Ambani -- who holds 44.5 per cent stake in the company -- also jumped to $44.3 billion.


BusinessToday.in
New Delhi, July 13, 2018
The Sensex is at an all time high with multiple factors fuelling the rally; the process of selection of the 'Institutes of Eminence' continues to create controversy; the US has threatened 10% tariff on $200 billion worth of imports from China. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
July 13, 2018
The Sensex retreated from its all-time high of 36,740 to close flat in volatile trade as investors booked profit amid firm global cues.Disappointing macroeconomic data and unabated capital outflows by foreign funds too added to the weak trend, brokers said.While the Sensex ended 6 points lower to 36,541 level, the Nifty fell just 4 points to 11,018 level. Reliance Industries, Infosys and Bajaj Auto were the top Sensex gainers. Reliance Industries remained in limelight ending 1.34 per cent hig...


BusinessToday.In
July 13, 2018
While the Sensex closed 6 points lower to 36,541 level, the Nifty fell just 4 points to 11,018 level. The Sensex gained 282.48 points on Thursday and closed at a record high of 36,283.25 after crude oil prices posted their biggest one-day drop in two years and robust start of the earnings season.


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