- Low oil prices don't mean much for India at this stage: Expert
Brent crude futures dropped to around USD 23 per barrel the lowest since November 2002, while US crude br ...More
Brent crude futures dropped to around USD 23 per barrel the lowest since November 2002, while US crude briefly dipped below USD 20 as coronavirus lockdowns dried up demand while the crude surplus ballooned. ...Less

- Over one million IT employees will continue to work from home post-lockdown: Kris Gopalakrishnan
The Chairman of early stage startup accelerator and venture fund, Axilor Ventures, also said that many of ...More
The Chairman of early stage startup accelerator and venture fund, Axilor Ventures, also said that many of the smaller Indian startups have found that they are as effective working out of home and are now wondering whether they require permanent office space at all. ...Less

- Hiring activities improve in metro cities, says report
"There have been signs of recovery in the hiring activities in metro cities in India despite the festive ...More
"There have been signs of recovery in the hiring activities in metro cities in India despite the festive season and impact of the coronavirus pandemic. There has been an uptick in hiring in the number of job postings in October by 5.55 per cent compared to September," it said. ...Less

- Lockdown, Day 71: Mixed messages ahead
India is facing an unprecedented economic crisis, where some of the safe and traditional jobs are under t ...More
India is facing an unprecedented economic crisis, where some of the safe and traditional jobs are under the threat of being axed even as India breached the 2 lakh mark, with the highest spike of nearly 9000 cases in a day. Tough times ahead. ...Less

- IT services sector to see high single-digit revenue growth in 2021: Fitch Ratings
It believes companies with a focus on digital businesses, such as automation software and cloud-based ser ...More
It believes companies with a focus on digital businesses, such as automation software and cloud-based service delivery, may fare better than those with a focus on business process management and legacy application and infrastructure services. ...Less

- IT services companies to suspend hiring this year: Mohandas Pai
The former Chief Financial Officer of IT services major, Infosys Ltd, said the IT industry has done a "fa ...More
The former Chief Financial Officer of IT services major, Infosys Ltd, said the IT industry has done a "fabulous, unbelievable and remarkable" job in transitioning more than 90 per cent of its employees to work from home. ...Less

- Hiring activity in India remained buoyant in December despite Omicron threat: Naukri.com survey
According to the Naukri JobSpeak index top metro cities saw growth in hiring when compared with December ...More
According to the Naukri JobSpeak index top metro cities saw growth in hiring when compared with December last year. Hyderabad was on top at +12% y-o-y growth followed by Bangalore (+11%), Mumbai (+8%), Pune (+4%), and Chennai (+6). Delhi was flat and Kolkata de-grew by 3%. ...Less

- Maharashtra government taking calculated risk: Thackeray on easing of curbs
The state government has announced a five-level plan to relax the coronavirus-induced restrictions in the ...More
The state government has announced a five-level plan to relax the coronavirus-induced restrictions in the state from Monday, based on the weekly positivity rate and the occupancy of oxygen beds. A notification to this effect was issued on Friday night. ...Less

- The likely consequences of Donald Trump's visa restrictions for foreign workers
Recently, Trump announced a temporary suspension of foreign work visas. Kuwait too is in the process of e ...More
Recently, Trump announced a temporary suspension of foreign work visas. Kuwait too is in the process of enacting similar legislation. This then raises certain important questions as to whether the growing pandemic makes borders largely redundant and what impact will Trump’s actions have on the industries, individual employees & the larger Indo-US relations? ...Less

- Allow surplus staff layoffs, flexible shifts: IT to states
Industry lobby group National Association of Software and Services Companies (Nasscom) has sought furloug ...More
Industry lobby group National Association of Software and Services Companies (Nasscom) has sought furloughs and temporary layoff of surplus employees, relaxing daily and weekly work-hour limits, allowing women to work at night from home and a self-declaration regime to comply with government rules. ...Less

- Sensex snaps 2-day losing run, rises 329 pts on rally in IT & bank stocks, firm global cues
Analysts believe the current uptrend in the market may not continue for long. ...More
Analysts believe the current uptrend in the market may not continue for long. ...Less
- IT firms at the two ends of the niche-mass spectrum may do well despite the crisis: ET-ILC
While R&D is the mainstay for Hexagon’s Design and Engineering business (MSC Software),for SAP it’s recur ...More
While R&D is the mainstay for Hexagon’s Design and Engineering business (MSC Software),for SAP it’s recurring revenue that is bringing stability. “70% of India’s GDP passes through SAP systems. Government infra and public services and consumer products give us a majority of our revenue. ...Less

- Investors build unusual mutual fund portfolios to navigate Covid times
Some investors are losing faith in traditional mutual fund portfolios. They are picking and choosing mutu ...More
Some investors are losing faith in traditional mutual fund portfolios. They are picking and choosing mutual fund categories and building portfolios that they believe would serve them better in these trying times. ...Less

- Second wave to impact fashion retailers, revenue to hit pre-pandemic levels only in FY23
ICRA says the industry was recovering well till the second wave hit and sales had touched over 70 per cen ...More
ICRA says the industry was recovering well till the second wave hit and sales had touched over 70 per cent of pre-COVID-19 levels by the December quarter of 2020. "A sharp spike in the number of new COVID-19 cases since March 2021 throws up strong headwinds for the sector." ...Less

- Hit hardest by pandemic, travel & hospitality sector wants tax incentives, policy support in Budget
The travel and hospitality sector is seeking restoration of ITC, low interest working capital loans and a ...More
The travel and hospitality sector is seeking restoration of ITC, low interest working capital loans and a reduction in personal income tax rates in the budget in order to get the momentum going again. ...Less

- Panic to paranoia: One year on, mental health crisis still unfolding across India
One year ago, Indians locked down in their homes as Covid-19 tightened its grip over the country. When th ...More
One year ago, Indians locked down in their homes as Covid-19 tightened its grip over the country. When they emerged months later, tentative and timorous, the world many knew had changed, perhaps forever, leaving them grappling with a spectrum of mental health issues ranging from depression to paranoia. ...Less

- Discretionary consumption a dominant theme for next one year: Sunil Subramaniam
Sunil Subramaniam, MD & CEO of Sundaram Mutual Fund sees revival of discretionary consumption story as a ...More
Sunil Subramaniam, MD & CEO of Sundaram Mutual Fund sees revival of discretionary consumption story as a dominant market theme over next one year on the back of recovery in rural India. Equity-linked savings schemes (ELSS) of fund houses will gradually lose their charm and attractiveness as tax incentives will be completely withdrawn going ahead, he says. ...Less

- Russia and India should deepen collaboration in IT sector in post-pandemic world: Dmitry Lukovkin, AI International Sales Director, Zyfra
Russian companies know little about Indian companies and perceive them as competitors without carefully c ...More
Russian companies know little about Indian companies and perceive them as competitors without carefully considering reasons to work together. Therefore, it is currently quite difficult to talk about any kind of joint projects, says Dmitry Lukovkin. ...Less

- Indian IT companies ramp up hiring of freshers to highest in a decade
Caught unawares by a surge in projects after several clients undertook digital transformation initiatives ...More
Caught unawares by a surge in projects after several clients undertook digital transformation initiatives post-pandemic, IT services providers — which had let go employees earlier — are now ramping up hiring of freshers to levels last seen a decade ago. ...Less

- Surviving the coronavirus pandemic: Important lessons from Germany's Mittelstand
Commerzbank, the biggest lender to Mittelstand firms, also told Reuters that the number of companies goin ...More
Commerzbank, the biggest lender to Mittelstand firms, also told Reuters that the number of companies going into "intensive care" was lower than it had feared and there was no rush by its clients to get new credit lines. ...Less
- Judge Trent, DMart by growth, not PE numbers: Yogesh Mehta
Yogesh Mehta, Founder, Yield Maximiser, says the play is now more on growth rather than value in the lead ...More
Yogesh Mehta, Founder, Yield Maximiser, says the play is now more on growth rather than value in the leaders of the pack. 40 times PE multiple in IRCTC is reasonable. Edited excerpts: ...Less
- Deep corrections may be just around the corner. Where should you invest?
‘We like stocks of those companies which have done well in times of Covid irrespective of the sector they ...More
‘We like stocks of those companies which have done well in times of Covid irrespective of the sector they are in.’ ...Less
- What’s behind the insurtech boom?
In today's ETtech Morning Dispatch: Acko raises $200 million to become India's latest startup unicorn, Go ...More
In today's ETtech Morning Dispatch: Acko raises $200 million to become India's latest startup unicorn, Govt-Twitter spat set up escalate over distorted India map, Shuttl likely to shut down, and Quadria plans to invest $400-500 million in India. ...Less
- 11 smart money moves investors can make to improve finances, make more money in 2022
As we enter the new year , equity markets are looking precarious and debt markets are expecting rate hike ...More
As we enter the new year , equity markets are looking precarious and debt markets are expecting rate hikes. We reached out to experts to know what investors should do in such a scenario. ...Less