Category: May Look At Leisurely
Asian Paints Q3 results: Net profit up 35% to Rs 1,448 cr on strong sales
https://www.business-standard.com/companies/results/asian-paints-q3-results-net-profit-up-35-to-rs-1-448-cr-on-strong-sales-124011700457_1.html Clipped from: https://www.business-standard.com/companies/results/asian-paints-q3-results-net-profit-up-35-to-rs-1-448-cr-on-strong-sales-124011700457_1.html Consolidated net profit rose about 35% to 14.48 billion rupees ($174.15 million) in the quarter ended Dec. 31, it said in a
TCS gains $2 billion brand value in a year – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/tcs-gains-2-billion-brand-value-in-a-year/article67747658.ece Clipped from: https://www.thehindubusinessline.com/info-tech/tcs-gains-2-billion-brand-value-in-a-year/article67747658.ece TCS ranks second globally in IT services with a $19.2 billion brand value, marking 11.5% YoY growth and showcasing innovation leadership Tata
Red Sea crisis: Finance Ministry to ease export credit, check insurance cost – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/red-sea-crisis-finance-ministry-to-ease-export-credit-check-insurance-cost/article67748402.ece Clipped from: https://www.thehindubusinessline.com/economy/red-sea-crisis-finance-ministry-to-ease-export-credit-check-insurance-cost/article67748402.ece Inter Ministerial group including Commerce, MEA, Defence, DFS strategise on Red Sea crisis To help Indian trade deal with the Red Sea
Private capital expenditure to pick up in coming years: MPC member Varma
https://www.business-standard.com/economy/news/private-capital-expenditure-to-pick-up-in-coming-years-mpc-member-varma-124011600581_1.html Clipped from: https://www.business-standard.com/economy/news/private-capital-expenditure-to-pick-up-in-coming-years-mpc-member-varma-124011600581_1.html Varma further noted that in the last couple of years, the government has shouldered the burden of investment, while private capital expenditure
Larsen & Turbo bags Mumbai Ahmedabad high-speed rail project; stock inches up – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/larsen-turbo-bags-mumbai-ahmedabad-high-speed-rail-project-stock-inches-up/article67743764.ece Clipped from: https://www.thehindubusinessline.com/markets/larsen-turbo-bags-mumbai-ahmedabad-high-speed-rail-project-stock-inches-up/article67743764.ece Larsen & Turbo‘s railway strategic business group has bagged a mega contract valued between ₹10,000 crore to ₹15,000 crore for the Mumbai-Ahmedabad
No import restrictions on certain IT products like desktop computers: DGFT
https://www.business-standard.com/industry/news/no-import-restrictions-on-certain-it-products-like-desktop-computers-dgft-124011300454_1.html Clipped from: https://www.business-standard.com/industry/news/no-import-restrictions-on-certain-it-products-like-desktop-computers-dgft-124011300454_1.html In August 2023, the government imposed restrictions on certain IT hardware goods and later after domestic and foreign firms flagged their concerns,
US Trade Rep urges India to consult the US on import rules for laptops, PCs – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/us-trade-rep-urges-india-to-consult-the-us-on-import-rules-for-laptops-pcs/article67737941.ece Clipped from: https://www.thehindubusinessline.com/economy/us-trade-rep-urges-india-to-consult-the-us-on-import-rules-for-laptops-pcs/article67737941.ece Washington agrees to work with India on critical minerals, social security pact, market access for agri products at 14th India-US TPF New
Medi Assist IPO: Should You Subscribe? – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/medi-assist-ipo-should-you-subscribe/article67734147.ece Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/medi-assist-ipo-should-you-subscribe/article67734147.ece Leading TPA player, Medi Assist, can ride industry growth from the front Medi Assist Healthcare Services or Medi Assist is the first
IT stocks rally may be on wobbly legs – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/it-stocks-rally-may-be-on-wobbly-legs/article67738657.ece Clipped from: https://www.thehindubusinessline.com/portfolio/it-stocks-rally-may-be-on-wobbly-legs/article67738657.ece In the past 15 years, despite robust business performance and stock returns in IT services, margins have decreased from approximately 30% for
Red Sea crisis pumps up global container prices, ocean freight rates
https://www.business-standard.com/economy/news/container-freight-rates-continue-to-escalate-with-ongoing-red-sea-crisis-124011200843_1.html lipped from: https://www.business-standard.com/economy/news/container-freight-rates-continue-to-escalate-with-ongoing-red-sea-crisis-124011200843_1.html At $3,072, prices per 40-foot container highest in 15 months trade, container, logistics Listen to This Article As the situation in the
US to India: Ensure personal computer import rules don’t hurt trade
https://www.business-standard.com/economy/news/us-urges-india-to-avoid-restricting-trade-with-new-it-import-system-124011200979_1.html Clipped from: https://www.business-standard.com/economy/news/us-urges-india-to-avoid-restricting-trade-with-new-it-import-system-124011200979_1.html The DGFT clarified that the present monitoring would apply to five specified products and not to all other items, such as desktop
Q3 results: Top 4 Indian IT companies balance caution and optimism
https://www.business-standard.com/industry/news/q3-results-top-4-it-companies-cautiously-optimistic-for-the-future-124011200912_1.html Clipped from: https://www.business-standard.com/industry/news/q3-results-top-4-it-companies-cautiously-optimistic-for-the-future-124011200912_1.html Compared to its competition, Noida-headquartered HCLTech’s performance was the best The third-quarter earnings of the top four Indian IT companies indicate that
Cognizant impact study predicts Gen AI could inject $1 tr into US economy over 10 years – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/cognizant-impact-study-predicts-gen-ai-could-inject-1-tr-into-us-economy-over-10-years/article67731234.ece Clipped from: https://www.thehindubusinessline.com/info-tech/cognizant-impact-study-predicts-gen-ai-could-inject-1-tr-into-us-economy-over-10-years/article67731234.ece Jobs with higher levels of knowledge work may be most affected, the study says Cognizant & Oxford Economics impact study predicts 90
Red Sea crisis: Key Ministries to strategise on minimising damage to trade – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/red-sea-crisis-key-ministries-to-strategise-on-minimising-damage-to-trade/article67731170.ece Clipped from: https://www.thehindubusinessline.com/economy/red-sea-crisis-key-ministries-to-strategise-on-minimising-damage-to-trade/article67731170.ece Senior officials will discuss possible solutions to increasing shipping, insurance costs; promote exports to countries not on the route The Commerce Department
Renewable sector records 19% dip in new capacity addition for 2023 – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/renewable-energy-sector-faces-19-decline-in-new-capacity-addition-in-2023/article67727828.ece Clipped from: https://www.thehindubusinessline.com/economy/renewable-energy-sector-faces-19-decline-in-new-capacity-addition-in-2023/article67727828.ece Gujarat leads in total capacity addition in 2023, while Rajasthan adds the highest solar capacity The renewable energy sector reported a 19
TCS Q3FY24 results: Adjusted net profit at Rs 12,016 cr, revenue up 4%
https://www.business-standard.com/companies/results/tcs-q3fy24-results-adjusted-net-profit-at-rs-12-016-cr-revenue-up-4-124011100507_1.html Clipped from: https://www.business-standard.com/companies/results/tcs-q3fy24-results-adjusted-net-profit-at-rs-12-016-cr-revenue-up-4-124011100507_1.html TCS Q3FY24 results: The IT major also reported a net attrition of 13.3 per cent and said will continue hiring from colleges
Budget and electoral tailwinds
https://www.business-standard.com/opinion/columns/budget-and-electoral-tailwinds-124010901188_1.html Clipped from: https://www.business-standard.com/opinion/columns/budget-and-electoral-tailwinds-124010901188_1.html With limited fiscal space, the Budget needs to take advantage of the ruling party’s recent electoral wins Illustration: Binay Sinha In the
IT companies face currency headwinds in Europe – Industry News | The Financial Express
https://www.financialexpress.com/business/industry-it-companies-face-currency-headwinds-in-europe-3361319/ Clipped from: https://www.financialexpress.com/business/industry-it-companies-face-currency-headwinds-in-europe-3361319/ IT companies have been recently signing large deals, especially in the UK and Europe. Europe, including the UK, contributes about 20-30% of