Want to end FY22 with industry-leading growth: Mindtree CEO Debashis ChatterjeeÂ
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Mindtree has been hiring and will continue to hire people for leadership roles from other tier-1 companies, CEO Debashis Chatterjee told Moneycontrol. Read on to find out why.Â
PharmEasy raises $350 million in pre-IPO round: Report
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Nearly 20 senior employees bought shares worth $5 million as part of the secondary sale while early investors sold their stakes in the firm and IIFLâs tech fund has picked up some stake, the report said.
China growth slows down to 4.9% as sluggish realty, power crisis weigh on economy
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The economy slowed as the Evergrande Group debt crisis spilled over to the property market halting construction activity, land sales and financing. Power cuts forced factories to reduce output or shut down.
While products and platform business remain a joker in the pack, the undemanding valuation of HCL Tech, relative to peers, offers a great margin of comfort
With this cut, the interest rate on home loans starts at 6.50 percent against earlier 6.85 percent, and at 6.85 percent against 7.35 percent prior on vehicle loans, the bank said in a release.
Sabyasachi Das will lead the venture that will provide an industry-led, application-based, robust learning platform for students and aspiring professionals, strongly rooted in technology, which will straddle all engineering and key technology verticals, the c
Adani Group takes over Thiruvananthapuram international airport; Shashi Tharoor hopes for the best
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The Thiruvananthapuram MP said people would extend support if the group works keeping in mind the development of the capital city of Kerala and its surroundings.
Tala raises $145 million in funding round led by Upstart
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New investors Kindred Ventures and The J. Safra Group, along with existing investors including IVP, Revolution Growth, Lowercase Capital, and PayPal Ventures, also joined the round, which brings Tala#39;s total funding to over USD 350 million.
The corporate earnings season has begun. The economy is reviving. But supply chain issues remain a sticking point. How is the world coping with the emerging challenges? Next week, keep track of RBI policy minutes, PMIs and a host of macro releases Â
Metropolis Healthcare board approves acquisition of Hitech Diagnostic for Rs 636 crore
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Earlier on January 17, 2021, Metropolis Healthcare in a regulatory filing had said its board approved the acquisition of Hitech Diagnostic Centre and its arm Centralab Healthcare Services in a combination of cash and equity shares deal.
Never been a more exciting time to be in general insurance, says Digit Insuranceâs Kamesh GoyalÂ
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Digit Insuranceâs founder and chairman Kamesh Goyal says the current financial year is challenging for the general insurance industry, but is betting on strong growth in the the following 12 months
Tehran unhappy over Adani port#39;s decision to not handle cargo from Iran
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Iran said it was praised even by the United Nations for its fight against drug trafficking and that it has again been «targeted unfairly» through denial of trade and banning its consignments while describing the restriction as an «unprofessi
Indiabulls Real Estate sales bookings more than doubles to Rs 874 crore in April-September
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According to an investors presentation, new sales stood at Rs 874 crore in the first half of this fiscal year from Rs 368 crore in the corresponding period of the previous year.
Coal India to refrain from conducting any e-auction till situation stabilises
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The development assumes significance as the supply of coal is being prioritized to the power sector to replenish the dwindling stock in the wake of reports of an electricity crisis looming large.
US banks beat profit estimates on economic rebound, deals bonanza
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Overall, though, executives were cautiously optimistic that the economy is on a healthy trajectory, despite some risks on the horizon including the latest wave of COVID-19 infections and inflation worries.
Google on track for Climate Change options, but more needs to be done
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The economic world needs a tectonic shift in its relationship with the environment, and urgently needs to examine its energy sources, emissions, and its commitment to addressing the climate crisis in tangible waysÂ
US port#39;s supply chain fix challenge: selling 24/7 shifts
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The global supply chain «was creaking along before the pandemic,» said John Porcari, port envoy for the White House Supply Chain Disruptions Task Force.
Cyient Q2 profit jumps 44% to Rs 121.3 crore; revenue up 10.79% to Rs 1,111.6 crore
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Consolidated revenue from operations increased by 10.79 percent to Rs 1,111.6 crore during the reported quarter compared to Rs 1,003.3 crore in the corresponding quarter of 2020-21, according to a regulatory filing by the company.
Putin says crypto currencies too unstable to be used for oil contracts
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Russia brought in crytocurrency regulation this year and has made it illegal to pay for goods and services in cryptocurrencies in the country, though it is legal to invest in them.
Coal power generation capacity under outage reduces to 5 GW: Power Ministry
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The ministry also said the discoms or power distribution companies have an allocation of 756 MW from Dadri Stage-I and were offered 9.5 MU on October 13.
Arrivae raises Rs 50 crore in funding round led by Rakesh Jhunjhunwala
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The funding round also saw the participation of Enam family, Siddharth Yog (Founder, Xander Group), Anand Jain (Chairman, Jai Corp), Harsh Jain (Founder, Dream 11) and Ramesh S. Damani (Chairman, DMart).
In the short term, risk appetite has improved somewhat in recent days, with concerns around unfavourable growth and inflation easing, and the U.S. equity markets off to a strong start to Thursday#39;s session.
Q2 Earning| Century Textiles logs in Rs 54-crore net income on Rs 998-crore revenue
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The textile business revived strongly on the back of robust domestic demand, while the real estate has strong response to the phase-II launch of the Kalyan project.
Indian fintech firm Pine Labs eyes IPO in 12 months: CEO Amrish Rau
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Pine Labs, which counts venture firm Sequoia Capital, Singapore state investor Temasek, and U.S. firms PayPal and Mastercard among its backers, offers services and tools such as inventory management and payment terminals to merchants across Asia and the Middl
Govt to spend around Rs 50,000 crore to create 500 multi-modal cargo terminals in 4-5 yrs
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Prime Minister Narendra Modi on Wednesday launched a Rs 100 lakh crore national master plan called «Gati Shakti» for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy.
