The third quarter performance of Tata Consultancy Services (TCS) was on expected lines excluding the cross-currency headwinds and higher operating costs due to rising onsite exposure. It is the country’s
Minor Banks about to hire 5000 more staff by March
In India, banking is widely spreading beyond its urban areas and small banks are offering something more durable than just loan funds to the remote areas. Small banking finance business
Gain in Media stocks after the rise in advertisement rates by Government
The ministry of Broadcasting and services has announced a hike of 25% over the advertisement rates in printed media. The new rates came into existence from Tuesday and will be
Beating TCS is found to be difficult for Infosys in this growth year
One of the most prominent IT company, Infosys showed stronger momentum for December quarter in terms of dollar-denominated revenue than the larger peer Tata Consultancy Services(TCS) in reported as well
India Nivesh fund starts to invest in small companies
Mumbai-based IndiaNivesh Renaissance Fund (INRF) is the Indi’s first turnaround situations fund. It has now begun to deploy its capital into small companies which are surrounded by the initial signs
No insurance and guarantee for IL&FS assets
Infrastructure Leasing & Financial Services won’t provide any insurance and warranties to the potential buyers for the assets which it is selling to repay the debt of about Rs 91,000
Is a good time over for Indian shares? BofAML expects
On Tuesday report, Sanjay Mookim, a research analyst at Bank of America Merrill Lynch said, “This year is going to be tough ahead. Lots of money has been made by
Stock Market upturn is now dependent on China-US trade talks
In the week ahead trade talks between the US and China will show an effect on the market’s focus. Many investors are also waiting to see whether other companies join
Boost in BSE telecom index by RCom. Bharti Infratel, Airtel
In Friday’s session, gains in the shares of OnMobile Global (6.85 percent rise), MTNL (4.60 percent rise), Bharati Infratel (3.03 percent rise), and Reliance Communications NSE 3.70% (3.33 percent rise)
World’s riskiest properties suddenly seem to be more fascinating
The assets of developing nations roared back Friday after Jerome Powell, Federal Reserve Chairman said policymakers are “listening carefully” to markets, diminishing the dollar and boosting the persuasion of riskier