Category: Uncategorized

Shares of India#39;s IT companies, which earn a significant share of their revenue from the U.S., surged 16.13% in the final two months of 2023, exceeding the benchmark Nifty 50#39;s 13.9% gain.

As India sets its sights on becoming a regional aviation hub to rival Dubai and Singapore, the Wings India event in its southern city of Hyderabad, running from Thursday to Sunday, is set to draw representatives of lessors and government as well.

A key miss in margins comes despite rise in cost-to-deposit ratio, receding impact of incremental cash reserve ratio (ICRR), and deployment of excess liquidity, said analysts

According to analysts, early signs show that the weakness has bottomed out. In fact, one of them said IT services business will see a possible rebound soon, irrespective of whether the US cuts interest rates or not.

Despite an air of pessimism prevailing among policymakers and global corporate leaders due to ongoing geopolitical risks, inflationary pressures, and rising interest rates, many have highlighted the underlying fundamentals that favour India#39;s growth.

The brokerage firm has turned cautious as valuations are pricing in double-digit volume growth over the next few years, which seems unlikely

Markets across the global struggled as hawkish comments from Federal Reserve Governor Christopher Waller triggered a spike in yields on the US 10-year bonds and the dollar index

Located in Whitefield, Bengaluru, the branch is spread across 8,300 square feet, HSBC India said in a statement.

Located in Whitefield, Bengaluru, the branch is spread across 8,300 square feet, HSBC India said in a statement.

India#39;s Adani Group companies said on Wednesday it had signed four memorandums of understanding totalling more than 124 billion rupees ($1.49 billion) with the government of the Indian state of Telangana at the World Economic Forum annual meeting.