Indian IT services sector faces challenges due to low demand, economic slowdown, and US interest rates. Uncertainty post US elections may worsen the situation, leading to downside risks for earnings in FY25 and FY26, according to Nirmal Bang Equities.
3 min read11 Mar 2024With the December quarter earnings almost over and elections as the next major trend, let's analyse between Nifty Finance and Nifty FMCG, which sector has better long-term investment opportunities?
5 min read16 Feb 2024TCS not only wants their employees to come back to office, they seem to be quite DETERMINED to make them come back. For one, they've told their employees that their promotions and salary hikes will be linked to their compliance to work from office 5 days a week - and, not just any office, they want their employees to work from specific designated offices. This is as opposed to other IT firms, who seem to be open to a more flexible way of work. Watch
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27 Mar 2023The Competition Commission of India (CCI) on Tuesday said that it has approved Reliance Industries Ltd's ₹2,850 crore acquisition of German firm Metro AG's wholesale operations in India
18 Mar 2023As per a report of Naukri Jobspeak, at an overall level, hiring activity rises sequentially by 9% in February 2023, which is slightly higher than the pre-covid growth rate of 7%.The IT sector recorded 10% rise in hiring during February month.
5 min read1 Mar 2023India’s Q1FY23 GDP grew by 13.5%, as against Reserve Bank of India (RBI) projections of 16.2%. While this growth was boosted by a rise in private final consumption expenditure (PFCE) and gross fixed capital formation (GFCF), the World Bank, in its report, stated that ‘private investment growth is likely to be dampened by heightened uncertainty and higher financing costs’. Let's evaluate the reasons why private investment is crucial to the economy, as well as the steps that need to be taken at the policy level to encourage more of it. #privateinvestment #fixedcapital #finance #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze
30 Nov 2022Many promoters complain about Private Equity's behavior in their companies post-investment. Every promoter wants money after exhausting all available resources either for growth or to turn around. But there is no free lunch and investors are not going to just hand in some high-risk money and pray to God that they get disproportionate returns. PEs get money from their investors and have a responsibility to invest sensibly, manage the investment, and return their money with profits.
16 Oct 2022IT services firms are expected to sustain their revenue growth momentum for the next few quarters
3 min read17 Dec 2021Home-mortgage firms, financial-service companies and tech outfits are advertising thousands of jobs
5 min read16 Oct 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared