Clipped from: https://www.thehindubusinessline.com/opinion/its-the-global-slowdown-effect/article66778539.ece Top tech firms have been hit and are cutting down on hiring, which is rubbing off on a host of other service providers
Category: Industry
The slump in IT services exports has policy implications – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-slump-in-it-services-exports-has-policy-implications/article66773797.ece White collar job creation may take a hit going ahead After exuding optimism about resilient demand and deal wins just a couple of
Hotel stocks gather steam as analysts see better days ahead – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/hotel-stocks-gather-steam-as-analysts-see-better-days-ahead/article66760562.ece Pick up in international travel, wedding season bode well for the sector Most hotel stocks have been on the rise, especially since beginning
Losing favour: IT sector weighting in Nifty50 at 5-year low of 12.2%
Clipped from: https://www.business-standard.com/markets/news/it-sector-weightage-in-nifty-50-index-at-five-year-low-of-12-2-123042001084_1.html Gives up most of the gains in market cap in post-pandemic period The IT sector has now given up most of the gains
Disappointing numbers
Clipped from: https://www.business-standard.com/opinion/editorial/disappointing-numbers-123041701135_1.html IT sector has hit a rough patch Listen to This Article Disappointing results and pessimistic guidance from Tata Consultancy Services (TCS) and Infosys
IT stocks hammered in market spooked by weak outlook – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/it-stocks-hammered-over-concerns-of-weak-outlook/article66747786.ece Poor quarterly performances for TCS and Infosys are a clarion call for macroeconomic headwinds in the sector A poor outlook for the Indian
Infosys tumbles 15% on weak revenue outlook, drags sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/infosys-tumbles-15-on-weak-revenue-outlook-drags-sector/article66746646.ece?cx_testId=22&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EX8OXMB4HBZD#cxrecs_s Company’s dismal revenue outlook raised concerns about demand for Indian IT services amid global banking turmoil and recession fears Infosys Ltd shares slumped nearly
👍👍👍👍👍Convenient and economical: Why car leasing is catching up in India
Clipped from: https://www.business-standard.com/finance/personal-finance/convenient-and-economical-why-car-leasing-is-catching-up-in-india-123041401129_1.html Automobile manufacturers report a growing interest in non-ownership options for vehicles You can drive your favourite car without owning it: leasing will make
👍👍👍IT hardware manufacturers flag PLI investment clause; cite demand issues | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/it-hardware-manufacturers-flag-pli-investment-clause-cite-demand-issues-123031600627_1.html The IT manufacturers have said that they have underutilised capacities that first need to be used up before they can commit to further