Mumbai,March 17: K Krithivasan, chief executive officer-designate of the country’s largest software services major TCS, on Friday said the company doesn’t have a culture of making radical strategic changes when it gets a new chief and sounded sanguine about doubling down on customer deliveries. The USD 25-billion software giant in a surprise announcement on Continue Reading
Business News
New Delhi, March 14: The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly policy next month to bring down inflation within the central bank’s comfort zone, DBS Group Research said on Monday. To contain the rising prices, the RBI has hiked interest rates by 250 basis points […]Continue Reading
New Delhi,March 13: Around 10,000 small businesses that had deposits in Silicon Valley Bank will fail to make payroll in the next 30 days and around 1 lakh jobs are expected to be impacted due to the collapse, Y Combinator said in a petition to the US government on Sunday. In the petition to US […]Continue Reading
By Subrat Sarangi MUMBAI/ NEW DELHI, FEB. 21 : A new survey has been conducted by Saral Credit, a fin-tech platform that makes getting a personal loan easy and quick, to understand the key behavioral drivers which are driving the Personal Loan product in India. The Personal Loan product offers access to timely funds for […]Continue Reading
HYDERABAD,FEB 8: As widely expected, the RBI raised the key benchmark policy rate by 25 bps in a 4-2 split vote on Wednesday. The overnight repo rate now stands at a nice round number of 6.5%. After a 10-month miserable period, headline inflation seems ready to bend, so the central bank lowered both its Q4, […]Continue Reading
NEW DELHI, FEB. 8: The Union budget has prepared the ground for setback to rural lives. Over 52% (89.58 million) rural households directly depend on agriculture for their income. However, this year’s budget allocation for agriculture and allied sectors is 27% less than that in 2021-22, and 5% less than the budget estimates of last […]Continue Reading
New Delhi,Feb.5 : Paytm, leading payments and financial services company, on Friday said it has achieved operating profitability with EBITDA before ESOP cost at Rs 31 crore, much ahead of its September 2023 guidance. Paytm’s revenue from operations increased to Rs 2,062 crore (no UPI incentive recorded this quarter), a growth of 42 per cent […]Continue Reading
“Unlock the dazzling beauty of Elina’s Dream Diamond Experience with Reliance Jewels!” By Our Correspondent Bhubaneswar, Feb. 3 :Reliance Jewels, India’s leading finejewellery brand, today announced ‘Elina’s Dream Diamond Tour of Odisha’atits showrooms as it continues to enthrall patrons with its design excellence over last15 years. To Continue Reading
NEW DELHI,FEB. 3: Shares of Adani Enterprises tumbled 15 per cent in morning trade on Thursday, a day after the firm said it has decided not to go ahead with its Rs 20,000-crore Follow-on Public Offer (FPO) and will return the proceeds to investors. The stock tanked 15 per cent to Rs 1,809.40 on the […]Continue Reading
NEW DELHI, FEB. 1: Economists study the present, in the light of the past, for future purposes. But keeping up with this basic Keynesian standard in these non-normal times has become such a challenge that economists were missing estimates with each heartbeat. But India’s Chief Economic Adviser (CEA) Dr V Anantha Nageswaran, perhaps, considered the […]Continue Reading
