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‘India mid-tier IT firms gain share from industry goliaths’

Posted on May 22, 2024 By admin
‘India mid-tier IT firms gain share from industry goliaths’

Mid-tier IT firms tend to focus on short-term deals aimed at helping clients cut costs rather than chase large-scale projects. Representational | Photo Credit: REUTERS Mid-tier firms in India’s $254 billion IT sector took market share from industry goliaths in recent quarters as clients curtailed discretionary spending amid inflationary pressures and economic uncertainty, analysts said….

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Stock markets rebound on gains in index heavyweights, firm global trends

Posted on February 27, 2024 By admin
Stock markets rebound on gains in index heavyweights, firm global trends

Image for representational purposes only. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty rebounded on February 27 following buying in index major Tata Consultancy Services, Tata Motors and Sun Pharma amid mostly firm global markets. The 30-share BSE Sensex climbed 305.09 points or 0.42% to settle at 73,095.22. The index was hit by…

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Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer

Posted on October 15, 2023 By admin
Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer

Reliance Industries remained the country’s most valued firm. File | Photo Credit: REUTERS The combined market valuation of six of the top 10 valued firms jumped ₹70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While Hindustan Unilever Ltd, Bharti Airtel, ITC, ICICI Bank and HDFC Bank were the gainers,…

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Markets continue to rally for 7th day running

Posted on September 11, 2023 By admin
Markets continue to rally for 7th day running

The bull statue at the Bombay Stock Exchange (BSE) building, in Mumbai, on July 13, 2023. Equity benchmark indices extended their rally for the seventh day running on September 11 as investors continued to remain optimistic about the domestic markets. | Photo Credit: PTI Equity benchmark indices extended their rally for the seventh day running…

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