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
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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
Rate cut expected only in first quarter of next fiscal: CRISIL – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rate-cut-expected-only-in-the-first-quarter-of-next-fiscal-crisil/article67726469.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rate-cut-expected-only-in-the-first-quarter-of-next-fiscal-crisil/article67726469.ece A rate cut is expected only in the first quarter of next fiscal, the analytics company’s economic research team said in its
experts predict muted results for tcs in q3 – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/experts-predict-muted-results-for-tcs-in-q3/article67727458.ece Clipped from: https://www.thehindubusinessline.com/info-tech/experts-predict-muted-results-for-tcs-in-q3/article67727458.ece Expect slow growth to continue, given higher furloughs in the seasonally-weak quarter Tata Consultancy Services Ltd (TCS) is expected to announce muted numbers
Medi Assist Healthcare fixes price band for IPO at Rs 397- Rs 418
https://www.business-standard.com/markets/ipo/medi-assist-healthcare-fixes-price-band-for-ipo-at-rs-397-rs-418-124011000166_1.html Clipped from: https://www.business-standard.com/markets/ipo/medi-assist-healthcare-fixes-price-band-for-ipo-at-rs-397-rs-418-124011000166_1.html Bids for the offer can be made for a minimum of 35 equity shares and in multiples of 35 thereafter Bids for
Red Sea crisis: No claims yet, but insurance cost may rise if tensions grow
https://www.business-standard.com/finance/insurance/red-sea-crisis-no-claims-yet-but-insurance-cost-may-rise-if-tensions-grow-124010700526_1.html Clipped from: https://www.business-standard.com/finance/insurance/red-sea-crisis-no-claims-yet-but-insurance-cost-may-rise-if-tensions-grow-124010700526_1.html Insurers are keeping a close eye on the developments and have made an upward revision to their risk perception with companies turning
US wants more clarity on India’s import management system for laptops and PCs, say sources – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/us-wants-more-clarity-on-indias-import-management-system-for-laptops-and-pcs-say-sources/article67715554.ece Clipped from: https://www.thehindubusinessline.com/economy/us-wants-more-clarity-on-indias-import-management-system-for-laptops-and-pcs-say-sources/article67715554.ece Katherine Tai, during her visit to India, may seek more justification for import authorisations and future plans The US wants further clarification
Indian IT braces for sluggish Q3 amid challenges, hopes revival – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/indian-it-braces-for-sluggish-q3-amid-challenges-hopes-revival/article67709847.ece Clipped from: https://www.thehindubusinessline.com/info-tech/indian-it-braces-for-sluggish-q3-amid-challenges-hopes-revival/article67709847.ece The upcoming earnings season being kicked off by TCS and Infosys on January 11, follows a lackluster second quarter, which saw revenue
Indian medtech industry urges govt action to reduce import dependency
https://www.business-standard.com/economy/news/indian-medtech-industry-urges-govt-action-to-reduce-import-dependency-124010501061_1.html Clipped from: https://www.business-standard.com/economy/news/indian-medtech-industry-urges-govt-action-to-reduce-import-dependency-124010501061_1.html According to the Global Trade Research Initiative (GTRI) report from August 2023, the Indian medical devices industry has the potential to expand
Minutes of Fed meeting points to rate cuts, boosts crude oil prices – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/commodities/minutes-of-fed-meeting-indicating-rate-cuts-boosts-crude-oil-prices/article67708689.ece Clipped from: https://www.thehindubusinessline.com/markets/commodities/minutes-of-fed-meeting-indicating-rate-cuts-boosts-crude-oil-prices/article67708689.ece The minutes of the meeting highlighted that inflation is under control in the US, and the risks that an ‘overly restrictive’ monetary
‘Rising health consciousness to perk up global cashew demand’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/agri-business/rising-health-consciousness-to-perk-up-global-cashew-demand/article67700976.ece Clipped from: https://www.thehindubusinessline.com/economy/agri-business/rising-health-consciousness-to-perk-up-global-cashew-demand/article67700976.ece Industry witnessed price volatility in 2023 owing to supply chain challenges With the demand for cashew remaining robust, the markets – both
TCS has to keep evolving as GenAI technology rises: CEO tells employees
https://www.business-standard.com/companies/news/tcs-has-to-keep-evolving-as-genai-technology-rises-ceo-tells-employees-124010100463_1.html Clipped from: https://www.business-standard.com/companies/news/tcs-has-to-keep-evolving-as-genai-technology-rises-ceo-tells-employees-124010100463_1.html IT services company has to ‘keep pace with the times’, says K Krithivasan in New Year message K Krithivasan, CEO and MD,
Passenger vehicle inventory levels rise to 7 lakh units: FADA – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/passenger-vehicle-inventory-levels-rise-to-7-lakh-units-fada/article67686979.ece Clipped from: https://www.thehindubusinessline.com/economy/passenger-vehicle-inventory-levels-rise-to-7-lakh-units-fada/article67686979.ece But Dec retail sales expected to cross 4.30 lakh units, the highest-ever: Industry With the stocks of passenger vehicles (PVs) piling up
Chandra tells Tata group employees to prepare for disruption – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/chandra-tells-tata-group-employees-to-prepare-for-disruption/article67684204.ece Clipped from: https://www.thehindubusinessline.com/companies/chandra-tells-tata-group-employees-to-prepare-for-disruption/article67684204.ece Tata Sons chairman N Chandrasekaran urges group companies to focus on better execution, customer satisfaction & AI in his New Year message
Growth being driven by investments, consumption demand weak: MPC’s Shashanka Bhide – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/growth-being-driven-by-investments-consumption-demand-weak-mpcs-shashanka-bhide/article67684279.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/growth-being-driven-by-investments-consumption-demand-weak-mpcs-shashanka-bhide/article67684279.ece Q2 growth was significantly more than what we were expecting. However, these changes, even when they are positive require more concern: Bhide
NoBroker revenue grows 96%, losses up 62.6% in FY22 – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/real-estate/nobroker-revenue-grows-96-losses-up-626-in-fy22/article67686381.ece Clipped from: https://www.thehindubusinessline.com/news/real-estate/nobroker-revenue-grows-96-losses-up-626-in-fy22/article67686381.ece NoBroker has set its eyes on turning profitable in the next two years Protech unicorn NoBroker achieved a substantial 96 per cent
Jayanth Varma: ‘Approaching a point where a cut is must to check high real interest rate’
Clipped from: https://indianexpress.com/article/business/economy/jayanth-varma-approaching-a-point-where-a-cut-is-must-to-check-high-real-interest-rate-9081547/ The RBI revised upwards real GDP growth forecast for FY24 to 7% from 6.5% earlier. Days after the US Federal Reserve hinted at
Coal imports by power sector up 84% y-o-y in November – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/coal-imports-by-power-sector-up-84-y-o-y-in-november/article67674343.ece Clipped from: https://www.thehindubusinessline.com/economy/coal-imports-by-power-sector-up-84-y-o-y-in-november/article67674343.ece Domestic supply and reduced demand supported restocking on a monthly basis Coal imports by the power sector rose 84 per cent y-o-y
