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Home  Business

Business

IT sector FY25 revenues to grow 5.1 per cent to USD 282.6 billion  

IT sector FY25 revenues to grow 5.1 per cent to USD 282.6 billion  

  • Over 26 per cent of equity mutual funds in India outperform respective benchmarks in January

    The assets under management (AUM) of equity mutual funds stood at Rs 24,85,844 crore
  • Sensex drops below 75,000 mark; Nifty tanks 188 points on weak US markets

    The 30-share BSE benchmark Sensex tanked 567.62 points to 74,743.44 in early trade
  • Rupee rises 1 paisa to 86.67 against US dollar in early trade

    The rupee is expected to trade in a range of 86.35-75 as the market gives opportunity for both exporters and importers to sell and buy their currencies: Anil Kumar Bhansali
  • Schneider Electric to set up three more factories in India

    Schneider Electric CEO Olivier Blum said the three new plants will come up at Kolkata, Hyderabad and Ahmednagar
  • India leads global IPO activity in 2024, raises over $19 billion

    Venture capitalists have shown increasing interest in the Indian IPO market as several major companies have gone public with venture funding this year
  • India, UK to resume negotiations on proposed FTA from February 24

    UK's Secretary of State for Business and Trade Jonathan Reynolds will be here for resumption of the talks. He will hold a bilateral meeting with Commerce and Industry Minister Piyush Goyal
  • Salary increments in IT sector to be moderate in FY25

    Industry experts predict an average wage increase of 4-8.5 per cent, a notable step down from previous years, signalling a shift towards more pragmatic compensation strategies
  • TCS, Bharti Airtel tank most as top firms lose Rs 1.65 lakh crore  

    TCS saw its market valuation decline by Rs 53,185.89 crore as its total value went down to Rs 13.7 lakh crore. Bharti Airtel also witnessed a significant drop, with its market capitalisation falling by Rs 44,407.77 crore to Rs 9.3 lakh crore  
  • Meta to expand India operations, hire more for engineering and AI roles

    According to a job listing on Meta's website, the company is hiring an engineering director who will be responsible for building a strong technical team in Bengaluru
  • Maha Kumbh 2025: NSE CEO Ashishkumar Chauhan says it is an exhilarating, divine experience

    Chauhan took the holy dip at Triveni Sangam, the confluence of the Ganga, and Yamuna, and the mythological Saraswati rivers, on Feb 22
  • Swiggy’s valuation takes a big hit as stock plunges

    The online food aggregator's valuation, which soared past $16 billion or nearly Rs 1,32,800 crore in December 2024, has dropped to 50 per cent on NSE
  • Accessing government data made easy

    By serving as a one-stop reference, the compendium enables users to explore the availability, scope, and accessibility of government datasets effortlessly
  • Domestic air passenger traffic touches 150.3 lakh in January

    International traffic for Indian carriers also showed strong performance touching 248.9 lakh passengers in the first nine months of FY2025
  • UPI powers 84pc of digital transactions in India, set to triple by 2030

    According to a report by fintech consulting and advisory firm The Digital Fifth, UPI is more than just a payment system—it serves as a comprehensive financial ecosystem driving India's digital-first economy.
  • Google Pay introduces convenience fee; Know how much you need to pay

    The charges are imposed on bill payments such as electricity and gas bills made using the platform. The fee ranges from 0.5% to 1% plus GST
  • Advantage Tesla? India may tweak EV policy to attract electric vehicle makers

    While all eyes are on Elon Musk-run Tesla to make its entry into India, the government is expecting a good response from several automobile majors on the EV policy
  • Telangana’s finances in freefall under Congress rule; revenues plummet, debts balloon, borrowing turns reckless

    Alarming shortfall indicates Revanth Reddy government's inability to generate funds, even as public expenditure continues unchecked
  • Punjab National Bank reduces interest rate on retail loans

    The revised rates apply to home loans, car loans, education and personal loans, among others
  • Why Trump does not want Musk to build Tesla factory in India

    ‘If he (Musk) built the factory in India, that’s okay, but that's unfair to us. It’s very unfair,’ US President Donald Trump said in a recent interview
  • Trump plans to buy used planes to serve as Air Force One

    The United States President fumes over the US plane-maker Boeing's delays in producing two specially modified ones for Presidential use
  • Telangana attracted investment proposals worth Rs 3.25 lakh crore in three years: Study

    Completed record proposals of nearly Rs 75,000 crore in just three financial years, according to MSME Export Promotion Council
  • Salary hikes in 2025 will be less than last year, says report

    Manufacturing and global capability centres likely to have the highest pay increases, according to Aon’s annual ‘Salary Increase and Turnover Survey 2024-25 India’
  • Hexaware Tech shares list with over 5 per cent premium

    The Rs 8,750-crore initial share sale had a price band of Rs 674-708 per share
  • After outcry over layoffs of freshers, Infosys defers internal assessments for trainees

    The company last week laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts
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