US Election 2024: Donald Trump’s presidency would have a limited negative impact on Indian IT firms, while a potential Kamala Harris administration would largely maintain the current policies, said brokerage firm JM Financial.
2 min read5 Nov 2024Major Indian IT companies are optimistic about FY25 revenue growth, with increased hiring and revised forecasts. However, Q3 may present challenges due to seasonal factors and rising wage costs impacting margins.
6 min read21 Oct 2024IT Sector Q2 Results Preview: For Tier-I companies, revenue growth is expected to range from flat to +3.0% quarter-on-quarter (QoQ) in Constant Currency (CC) terms. Meanwhile, Tier-II companies are projected to experience revenue growth between flat to +4.5% QoQ CC.
3 min read1 Oct 2024Phillip Capital reported a shift in Indian equity sectors, with industrials and metals gaining post-Covid-19. Financials have retreated, but a recovery is anticipated. The report forecasts growth in staples and IT sectors, maintaining a positive long-term outlook on Indian equities.
5 min read26 Sep 2024Sensex and Nifty hit new highs on September 24, with experts advising caution due to potential corrections. Investors are encouraged to focus on resilient sectors like banking and IT, which offer growth potential and attractive valuations amid current market dynamics.
3 min read25 Sep 2024Companies in the Indian IT services sector’s largest market will now be able to borrow capital at lower rates to fund technology projects that they had put on ice. But this may not happen immediately
3 min read19 Sep 2024The US Federal Reserve’s 50 basis points rate cut is expected to have a gradual impact on the IT sector, with companies like Tech Mahindra positioned to benefit from reduced interest burdens. JM Financial cautions against immediate spending boosts due to ongoing economic uncertainties.
4 min read19 Sep 2024The segment has been “fertile” for Bessemer globally, where the venture capital firm has made over 30 investments.
3 min read15 Sep 2024Mid-cap IT stock surges: Persistent Systems’ share price surged to a 52-week high on September 11 following the announcement of its acquisition of SoHo Dragon Inc. The $4.7 million ( ₹39 crore) deal is expected to boost the company’s revenue and strengthen its position in the BFSI sector.
1 min read11 Sep 2024A report by MOSL indicates the IT services sector may recover soon, with HCL Technologies, LTIMindtree, and Persistent Systems leading. Key recovery factors include U.S. interest rates and work division, with healthcare, manufacturing, and BFSI expected to drive growth as spending resurges.
4 min read10 Sep 2024The 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
US Election 2020: Catch all the latest news and updates related to US Presidential Elections 2020 results on mint.
Primer is Mint's signature mode of explaining a complex issue by breaking into five simple questions and answers. We bring you our roster of expert writers across subjects, resulting in explanatory journalism at its very best, published every weekday.