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Top five IT players expected to post-1.1-4.1% cc revenue growth
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Top five IT players expected to post-1.1-4.1% cc revenue growth

We estimate the top-5 IT players — Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies (HCLT) and Tech Mahindra (TECHM) — to clock -1.1-4.1% q-o-q constant currency revenue growth in Q1FY19. During the quarter, EUR, GBP and AUD depreciated versus USD q-o-q, which is likely to impact revenue growth by 90-140bps. We expect margins to fall marginally as wage

US Stocks
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US jobs growth lifts Wall Street, Us Stocks Climbed offsetting tariffs

US stocks US stocks climbed on Friday, with the S&P 500 and the Nasdaq hitting their highest levels in two weeks, as strong US jobs growth blunted the impact of an escalating US-China trade dispute. Nonfarm payrolls Nonfarm payrolls increased by 213,000 jobs last month. US Labor Department said, topping expectations of 195,000, while unemployment

sensex, nifty
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Share Market Today: Sensex adds 83 points, Nifty ends above 10,750 as RIL gains 1%; auto stocks rally

Indian share markets ended slightly higher after trading unfazed after on Friday, 6 July 2018. even as most of the Asian stock markets ended in red following the United States’ $34 billion trade tariffs on Chinese imports. The US-China trade war, heating over since late-March this year. is likely to trigger another panicky among the

Petrol, Diesel
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Petrol, diesel prices raised for second day in a row; check latest fuel rates in Delhi, Mumbai

Petrol, diesel prices: The prices of petrol and diesel were raised for the second straight day by the oil marketing companies on Friday. The fuel rates were hiked in the range of 14 to 15 paise. The petrol is now priced at Rs 75.85 per litre in Delhi. In Mumbai, Kolkata and Chennai, petrol is

Infosys
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Indian Equity Market Ended Lower

Indian Equity Market Shares of India’s second-largest IT company Infosys witnessed a massive selling pressure leading to a plunge of more than 4% in Infosys share price on Thursday, following which the company lost over Rs 13,000 crore from the market capitalisation. Unusually high trading volumes were seen in Infosys shares as more than 85 lakh equity

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Reliance Industries AGM 2018

Reliance Industries AGM 2018 Billionaire Mukesh Ambani announced the launch of JioGiga TV, JioPhone 2 and JioGigaFiber from August 15th, and said that three popular apps Youtube, Whatsapp and Facebook will be available on the JioPhone. JioPhone 2 will be available at an introductory price of Rs 2,999.  In the hour long meeting, nearly 50 minutes were spent on

petrol price
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Petrol, diesel prices today

Petrol, diesel prices today: Fuel prices today witnessed a big hike after over a month. Petrol price has been hiked by 16-17 paise in major metro cities, while diesel price has been hiked by 12-13 paise. Petrol and diesel prices had reached record highs on May 29, and this is the first hike since then. The fuel prices were either

Industry labour
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Number of strikes falls 70% in January-March

Industry-labour relations have improved dramatically  in the first three months of the current year as compared to the same period last year. The number of strikes across industrial units fell to just 11 during the January-March period of 2018 from 36 in the same period of 2017 and 26 in 2016. Similarly, lock-outs went down

equity markets
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BSE SENSEX REBOUNDS 114 POINTS IN SEE-SAW TRADE

The BSE Sensex rebounded over 114 points to close at 35,378.60 in volatile trade today, with institutional investors lending crucial support amid recovery in the rupee. Markets benefited from value buying in recently battered stocks amid mixed overseas cues, brokers said.The rupee recovering from record lows against the US dollar bolstered sentiment, they added.The Sensex

Indian Equity Markets
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Sensex fell 472 points from intraday high today

Indian equity markets closed on a negative note on Monday, the first trading day of second half of CY 2018, with the benchmark indices Sensex and Nifty finishing in red after Friday’s steep recovery. Notably, the S&P BSE Sensex index lost nearly 472 points from the day’s high in the intraday dealings on Monday with equity shares