Brokerage firm Elara Capital is positive on India’s defence industry in the long term due to higher budgetary allocation and focus on self-reliance. The brokerage firm is optimistic about the growth prospects of the sector due to the government’s focus
Joining the debate on working hours, IT services company Capgemini India’s chief executive Ashwin Yardi on Tuesday advocated 47.5 hours work per week, and was against sending e-mails to employees on weekends. Photograph: Stephane Mahe/Reuters He was speaking at Nasscom
Moody’s Ratings on Tuesday said India has a lower overall exposure to the US relative to others in the APAC region, although certain sectors such as food, textiles and pharmaceutical products face risks. Photograph: Dado Ruvic/Reuters Moody’s said most companies
Retirement fund body EPFO added 16.05 lakh net new members in December, which is 9.69 per cent higher compared to November 2024, as per the payroll data released on Tuesday. Further, a labour ministry statement said there was a growth
Benchmark BSE Sensex recovered 147 points in a range-bound trade on Tuesday, ending its five-day slide on the back of buying in financial and FMCG shares. Photograph: Savita Kirloskar/Reuters The 30-share BSE benchmark Sensex climbed 147.71 points or 0.20 per
Domestic brokerage firm Prabhudas Lilladher has cut its base case Nifty 50 target by nearly 6% to 25,689 from 27,172 earlier. It has also cut Nifty’s Earnings Per Share (EPS) estimates by 0.8%, 2% and 2.6% for financial year 2025,
Dividend stock: The Navratna public sector undertaking (PSU) Bharat Electronic’s board will meet next week on March 5 to consider an interim dividend for the financial year 2024-25 (FY25), the company informed bourses on Tuesday, February 25. Bharat Electronics in
Housing prices appreciated at an average of 10 per cent during the December quarter across eight major cities on strong demand, higher input cost, according to a report by CREDAI, Colliers and Liases Foras. Realtors’ body CREDAI, real estate consultant
Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for
The time is up for the over three-decades-old business model with the advent of artificial intelligence, HCL Technologies’ chief executive C Vijayakumar said on Monday. Speaking at industry lobby grouping Nasscom’s annual NTLF event in Mumbai, Vijayakumar said companies need
