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Indian IT services sector to see 2nd consecutive year of muted revenue growth: Report
Business

Indian IT services sector to see 2nd consecutive year of muted revenue growth:...

New Delhi, April 24: The IT services sector in India is likely to see a second successive year of muted revenue growth, at 5-7 percent in FY25, amid continuing global macro-economic head winds, a report showed on Wednesday. This follows a 12 percent compound annual growth over the decade through...
Metal, PSU stocks lead market gains
Business

Metal, PSU stocks lead market gains

Mumbai, April 24: Metal stocks are the top sectoral gainers in trade while PSU stocks also posted strong gains on Wednesday. The metal stocks index is up 2.8 percent. SAIL is up 7 percent, NMDC is up 5 percent, while JSW Steel is up 3.7 percent intra-day. PSU stocks are also firm with the...
54 pc Indian workers predict key shift in their roles in next 5 yrs: Report
Business

54 pc Indian workers predict key shift in their roles in next 5 yrs: Report

New Delhi, April 23: About 54 percent of employees in India predict a substantial shift in their roles within the next five years, with 95 percent expressing confidence in their ability to adapt to these changes, a report revealed on Tuesday. According to the global matching and hiring...
More than one in five cars sold worldwide is expected to be electric: IEA
Business

More than one in five cars sold worldwide is expected to be electric: IEA

New Delhi, April 23: More than one in five cars sold worldwide this year is expected to be electric, with surging demand projected over the next decade set to remake the global auto industry and significantly reduce oil consumption for road transport, the new edition of the IEA’s (International...
Lupin launches new generic drug in US market
Business

Lupin launches new generic drug in US market

Mumbai, April 22: Pharma major Lupin Limited announced on Monday that it has launched Mirabegron extended release tablets, 25 mg, in the United States market, after having received approval from the United States Food and Drug Administration (U.S. FDA). Mirabegron Extended Release Tablets, 25 mg...
Entrepreneurship is about doing things faster, creating competitive advantage: Narayana Murthy
Business

Entrepreneurship is about doing things faster, creating competitive advantage:...

New Delhi, April 22: Infosys founder N.R. Narayana Murthy said on Monday that entrepreneurship is just a state of mind and it is not those who start companies that are entrepreneurs, it is all about doing things faster and creating a competitive advantage for yourself, while striving for excellence....
Gujarat contributes over 8.3% to national GDP: FM Sitharaman
Business

Gujarat contributes over 8.3% to national GDP: FM Sitharaman

Ahmedabad, April 20: Finance Minister Nirmala Sitharaman was in Ahmedabad on Saturday where she delved into the government's transformative economic policies. She recalled the pre 2014 era of double digit inflation and businesses relocating overseas, issues which have been effectively addressed by...
Zomato slapped with Rs 11.81 crore GST demand, penalty order
Business

Zomato slapped with Rs 11.81 crore GST demand, penalty order

New Delhi, April 20: Online food delivery platform Zomato has received a goods and services tax (GST) demand and penalty order worth Rs 11.81 crore. The order consists of Rs 5.9 crore in GST demand and a penalty of Rs 5.9 crore for July 2017 March 2021 period. The company has received an order...
Gold trading volume spikes amid Middle East crisis
Business

Gold trading volume spikes amid Middle East crisis

Seoul, April 20: The trading volume of gold in South Korea has jumped sharply this month amid escalating tensions in the Middle East, data showed on Saturday. The daily trading volume of gold in the country came to 16.9 billion won ($12.25 million) as of Friday, according to the data from Korea...
Elon Musk postpones India visit due to Tesla obligations
Business

Elon Musk postpones India visit due to Tesla obligations

Guwahati, April 20: American tech billionaire Elon Musk announced that his planned trip to India has been postponed because of "very heavy obligations" with Tesla. Musk, the CEO of Tesla, was initially set to visit India on April 21 and 22, to meet Prime Minister Narendra Modi. However, he...
Altair expands operations in India, opens new office
Business

Altair expands operations in India, opens new office

New Delhi, April 9: US based information technology company Altair on Tuesday expanded its operations in India by opening a new office. The company opened its new office in Chennai, strengthening its commitment to serving its growing customer base in the region and underscoring its dedication to...
Auto parts maker Musashi appoints Naoya Nishimura as CEO for India, Africa
Business

Auto parts maker Musashi appoints Naoya Nishimura as CEO for India, Africa

New Delhi, April 9: Japanese auto parts manufacturer Musashi, on Tuesday announced the appointment of Naoya Nishimura as its Chief Executive Officer (CEO) for India and Africa region. In his new role, Nishimura will work towards growing the penetration of Musashi’s Electric Vehicle (EV) products...
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