IT Cos: Will AI, Like Y2K, Be Gamechanger?

‘The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump’s expected new regulations.’ Kindly note the image has been

Rediff.com

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Key infra sectors’ growth slows to 4.3% in Nov

The output of eight key infrastructure sectors slowed down to 4.3 per cent in November 2024 against 7.9 per cent growth registered a year ago, according to official data released on Tuesday. Photograph: Carlos Garcia Rawlins/Reuters On a monthly basis,

Sensex down 109 points, ends 2024 with over 8% gains

Benchmark indices Sensex and Nifty ended lower in the final session of 2024 on Tuesday amid persistent foreign fund outflows and weak trends in the global markets. Falling for the second straight day, the 30-share BSE benchmark Sensex declined 109.12

Stocks to Watch on December 31: Mazagon Dock Shipbuilders, ITC, EaseMyTrip, Hindalco Industries and more

1 / 10 Mazagon Dock Shipbuilders | The Ministry of Defence (MoD) said it has signed a contract valued at ₹1,990 crore with the company for the construction of an air independent propulsion (AIP) plug based on technology developed by

Stock market today: Nifty 50, Sensex close flat, wrap 2024 with modest gains; mid, small-caps outperform

Stock market today: Despite a plethora of headwinds, such as weak quarterly earnings, foreign capital outflow, geopolitical uncertainty, weak prospects of a substantial rate cut by the US Fed, and concerns over Donald Trump’s tariff policies, Indian stock market benchmarks—the

Fire, engineering insurance premiums likely to move up by 60% in 2025

In 2025, Indian firms may face higher premiums for fire and engineering insurance covers as reinsurers are likely to revise rates due to rising claims from catastrophic events and higher loss ratios, according to people in the know. Image used

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Billionaire Gautam Adani’s group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal

Gross NPAs of banks decline to 12-yr low of 2.6%: RBI report

The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024 on the back of falling slippages

Stock markets decline amid unabated foreign fund outflows, weak global trends

Benchmark Sensex dropped by nearly 451 points on Monday amid unabated foreign fund outflows, weak trends in the global markets and selling in blue-chip stocks. Photograph: Shailesh Andrade/Reuters In a day marked with volatility, the 30-share BSE benchmark Sensex tumbled

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