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What Accenture’s hiring spree means for Indian IT industry

Dublin-based Accenture, which ended November 2024 with 799,000 employees, added 24,000 employees in the June-August 2024 period and 25,000 employees in the three months through November 2024.

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December, 22 2024 16:30 PM

Factors that will guide the markets this week

Stock market participants would track global trends and foreign investors’ trading activity in a holiday-shortened week ahead, amid lack of any major domestic trigger in sight, analysts said. Equity markets will remain closed on Wednesday for Christmas.

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December, 22 2024 13:30 PM

Sobha Group’s philanthropic trust to set up homes for orphaned young girls and elderly women in Kerala

Sobha Group’s philanthropic arm is establishing Devi Home in Palakkad, Kerala, to provide housing and support for orphaned girls and elderly women. The 42,000 sq ft facility will accommodate 144 residents, offering education, skill-training, and essential needs.

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December, 22 2024 13:30 PM

Saurabh Mukherjea’s Marcellus PMS Fund has added new stocks to the Kings of Capital, Rising Giants & Little Champs portfolios and exited Eureka Forbes

Saurabh Mukherjea says that the impact of slowing growth & NPA risks means that quality stocks in the Kings of Capital portfolio will thrive. He has added new stocks to the portfolio

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December, 22 2024 13:30 PM

Mehul Choksi’s Gitanjali Gems among 2,600+ wilful defaulters owe ₹1.96 lakh crore: RBI

Based on data disclosed by the RBI for March 2024, the list of defaulters is topped by Gitanjali Gems Ltd, which owes ₹8,516 crore.

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December, 22 2024 10:30 AM

Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit

The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities, where Tata Consultancy Services and Reliance Industries faced the sharpest erosion. Last week, the BSE benchmark tanked 4,091.53 points or 4.98 per cent.

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December, 22 2024 10:30 AM

Market capitalisation of top-10 most valued firms plunges ₹4.95 lakh crore; TCS, Reliance hardest hit

Indian equity market records steepest weekly decline since June 2022, with top firms facing significant market valuation erosion.

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December, 22 2024 10:30 AM

Technical Call: Cyient Limited – BUY

Long-term investors can buy Cyient Limited shares in two tranches, with a bullish long-term outlook and potential short-term price fall.

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December, 22 2024 07:30 AM

Zomato upends tradition with Sensex entry

The food delivery giant’s inclusion in the Sensex highlights the growing prominence of the digital sector and the index’s increased diversification.

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December, 22 2024 07:30 AM

Top Takeaways From 2024 w

Kyle and Clay summarizes their key learnings from 2024. Highlighting their conversations with Chris Mayer, Annie Duke, & much more!

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December, 22 2024 07:30 AM

Zomato upends tradition with Sensex entry

The food delivery giant’s inclusion in the Sensex highlights the growing prominence of the digital sector and the index’s increased diversification.

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December, 22 2024 05:41 AM

Top Takeaways From 2024 w

Kyle and Clay summarizes their key learnings from 2024. Highlighting their conversations with Chris Mayer, Annie Duke, & much more!

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December, 22 2024 05:41 AM

Technical Call: Cyient Limited – BUY

Long-term investors can buy Cyient Limited shares in two tranches, with a bullish long-term outlook and potential short-term price fall.

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December, 22 2024 04:30 AM

Must tap informal sector to expand NPS reach: PFRDA

Deepak Mohanty, PFRDA chairman, highlighted the lack of NPS coverage for India’s vast informal sector. A new association aims to boost NPS growth, currently managing Rs 14 lakh crore. Industry leaders discussed challenges and opportunities in providing retirement security for India’s aging population, suggesting unifying pension products and offering employee choice.

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December, 22 2024 01:30 AM

BSNL at competitive disadvantage vis-a-vis private telcos: Parliamentary panel, ET Telecom

The Committee, in turn, recommended BSNL adopt a multi-pronged strategy, including expediting the testing and stabilisation of indigenous 4G technology, and partnering with foreign technology companies.

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December, 21 2024 19:30 PM

Bandu’s Blockbusters for Dec 22, 2024

Join Bandu’s stock picking challenge to win ₹2,000 by guessing the best performing stock by next Friday. Enter now!

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December, 21 2024 19:30 PM

Smart beta indices win race, beat Nifty 50 in 2024

Smart Beta mutual funds in India are gaining popularity, with 31 out of 81 funds launched in less than a year, focusing on factors like quality, value, and momentum. These funds aim to outperform traditional indices by passively tracking customized indices based on specific filters. The performance of these funds is cyclical, with strategies like […]

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December, 21 2024 19:30 PM

Reliance Industries arm to acquire 45% stake in Health Alliance Group for $10 million

Reliance Industries to acquire 45% stake in Health Alliance Group for $10 million

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December, 21 2024 16:30 PM

Association of NPS Intermediaries set up to promote welfare of subscribers

Stakeholders in India’s National Pension System (NPS) launched the Association of NPS Intermediaries to boost the system’s reach and subscriber welfare. With over Rs 13.7 lakh crore in assets under management, the NPS is gaining popularity as a retirement solution. The association aims to promote the NPS, improve its framework, and expand pension coverage throughout […]

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December, 21 2024 16:30 PM

Association of NPS Intermediaries set up to promote welfare of subscribers

Stakeholders in India’s National Pension System (NPS) launched the Association of NPS Intermediaries to boost the system’s reach and subscriber welfare. With over Rs 13.7 lakh crore in assets under management, the NPS is gaining popularity as a retirement solution. The association aims to promote the NPS, improve its framework, and expand pension coverage throughout […]

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December, 21 2024 13:30 PM

2025: A tale of two halves; ICICI Bank, Zomato among Motilal Oswal’s top 10 picks

After a muted earnings performance in the first half of FY25, a recovery is anticipated in H2, fueled by higher rural spending, a strong wedding season, and increased government expenditure. MOFSL projects earnings to grow at a 16% CAGR over FY25-27E.

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December, 21 2024 13:30 PM

From digital arrest to fake income tax refunds: Falling for these 10 scams could be your biggest mistake

Cybercrime tricks: Amid increasing cybercrimes, the State Bank of India has highlighted scams like false customs claims and digital arrests. Customers are urged to report suspicious calls and verify any unexpected financial requests to protect themselves.

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December, 21 2024 13:30 PM

Weekly wrap: Sensex, Nifty log steepest weekly fall since June 2022; what lies ahead?

Snapping four weeks gaining streak, the BSE Sensex and NSE Nifty lost 5% this week amid hawkish policy stance by the U.S. Fed.

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December, 21 2024 10:30 AM

Weekend News Wrap: Maharashtra cabinet expands, Zakir Hussain passes away, Google cuts jobs, and more

Weekend News Wrap: From December 15 to 20, Maharashtra expanded its cabinet with 39 new ministers. Tabla legend Zakir Hussain passed away at 73. A French court sentenced Dominique Pelicot to 20 years for drugging and raping his ex-wife. Google announced managerial job cuts.

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December, 21 2024 10:30 AM

‘37.75x oversubscribed’: Mamata Machinery IPO sparks frenzy ahead of listing

Investors have shown overwhelming interest, with the IPO already oversubscribed 37.75 times within the first two days

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December, 21 2024 10:30 AM
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