Tata Consultancy Services (TCS), India’s leading software company, has undergone a significant organizational change under the leadership of its CEO K Krithivasan. This new operating structure comes into effect from June 1, following an extensive discussion with customers and associates over the past few months. Customer-Centric Approach Drives the Change Based on valuable feedback from…
Foreign portfolio investors (FPIs) have withdrawn ₹10,355 crore from Indian equity markets during the first four trading days of April (April 1–4), reacting to newly imposed U.S. tariffs affecting several countries, including India. This sharp outflow follows a brief period of optimism when FPIs injected ₹30,927 crore into Indian equities over six sessions between March…
Driving Banking Automation Solutions Forward AGS Transact Technologies, under the visionary leadership of Chairman and Managing Director, Mr. Ravi B. Goyal, is making significant strides in the realm of omni-channel payment solutions in India. Let’s delve into the recent developments and the company’s forward-looking vision. Winning Key Contracts: Fortifying ATM Outsourcing Business AGS Transact Technologies…
Prosus has drastically marked down its investment in Byju’s to zero, resulting in a loss of $493 million, according to the company’s FY24 annual report released on June 24. Despite this significant write-off, Prosus management remains hopeful about Byju’s future, emphasizing the need for governance reforms to safeguard shareholder interests. Byju’s Financial Health Under Scrutiny…
The Indian government is evaluating fresh incentives for exporters as a response to US President Donald Trump’s recent decision to impose a 26% tariff on Indian goods. This move is part of Trump’s broader strategy of reciprocal duties on trade partners. According to a senior government official, the commerce ministry is expected to meet with…
Moody’s, the renowned rating agency, reaffirmed Tata Motors’ BA3 ratings on March 6, maintaining a positive outlook amidst the company’s demerger move. Analyzing Tata Motors’ Rating Affirmation Demerger Decision and Future Outlook Tata Motors recently announced its intention to demerge its operations into two distinct listed entities, one for commercial vehicles (CVs) and the other…
Introduction Many people wonder whether investing in the stock market can lead to wealth. It’s a question that has intrigued both seasoned investors and beginners alike. In this article, we’ll explore the potential of the stock market to make you rich and delve into the strategies and considerations involved. Understanding the Stock Market What is…
IntroductionIndia’s wholesale inflation rate eased to 1.89% in November, down from 2.36% in October, according to the latest data. This decline was driven by a drop in food prices, especially vegetables, offering a breather from the inflationary pressures seen in recent months. Key Drivers Behind the Decline 1. Seasonal Food Supplies Bring Relief 2. Manufactured…
The U.S. stock market is currently navigating a delicate balance between the explosive growth of the AI sector and the lingering uncertainty surrounding Federal Reserve policy. This dynamic interplay is shaping market trends and investor sentiment in profound ways. Tech Rally: The AI-Driven Surge The tech sector has been the undisputed star of the market,…
KPIT Technologies shares dropped over 5% on Tuesday after the company released a cautious mid-quarter update, highlighting persistent uncertainty in the business environment. Shares of the Pune-based automotive IT firm declined as much as 5.11% on the BSE, hitting an intraday low of ₹1,319.70 despite an overall positive market trend. On the National Stock Exchange,…
