Q1 Earnings Preview: Flat to 4% growth in net profit expected from Nifty pack; auto, financials, health to outperformMotilal Oswal and Kotak Mahindra differ in their Q2 earnings projections for the Nifty universe. While Kotak forecasts a nearly flat growth...
Data streaming company Confluent to boost India headcount by 25%Confluent plans 25% workforce growth in India in 2024, with a focus on Indian public sector and BFSI. India houses a significant Confluent ...
Strong bank, auto results boost Q4 bluechip profitsOn an aggregate basis, the 26 of the 50 Nifty constituents that reported results had a combined net profit of about Rs 1,02,200 crore, a ju...
PSU bank profit pool zooms 12x in two years: Motilal OswalDuring 2017-22, corporate profit growth across sectors bounced back smartly, propelled by tax rate cuts, reduction in the banking sector NP...
Stock themes, sectors that may beat market returns in this financial yearSpecialty chemicals, API makers and capital markets are seen as good themes to play this financial year. Analysts largely are mixed on bank...
Corporates Are Utilising Great Learning’s Full Stack Academy To Train FreshersGreat Learning has established a full stack academy for freshers that helps organizations build a pool of full stack experts by training th...
Half of FPI bets in November concentrated in just one sectorLast month, foreign portfolio investors (FPI) aggressively raised their bets on the financial sector, which is a direct beneficiary of the ...
Growth will return to well-managed private banks & NBFCs post Covid: Centrum Broking‘We are witnessing franchise value-oriented buying in financials’
Market recovery likely to be restricted to largecap stocks: Kunj Bansal‘It will be more of BFSIs that will participate in the recovery’
BFSIs to lead rally, private banks’ earnings may grow 20-25% over 3-5 years: Vikas Khemani, Carnelian CapitalAs animal spirits go up and risk perception goes down, you will start seeing acceleration, says Khemani.
Infibeam to up fintech play with Rs 250 crore investmentThe move is in line with the company’s focus to divest its non-core businesses, Vishal Mehta, CMD, Infibeam, said.
Accumulate Tata Consultancy Services, target Rs 2,121: IDBI CapitalAccumulate TCS at a price target of Rs 2,121.
OBOPAY acquires consumer-technology firm MubbleThe acquisition is aimed towards enhancing OBOPAY’s data analytics capabilities and mobile app expertise.
Virtusa banking on financial services to beat rivalsCognizant, TCS and Infosys have all said demand from banking and financial services (BFSI) customers has slowed, hampering overall growth.
Is the Weightage of BFSI Stocks in Nifty Justified?Historically, the earnings share of the banking and financial services (BFSI) sector in the earnings of the Nifty has always been lower tha...
75 per cent of insurance sales to be online by 2020: BCG-Google reportAs many as three-fourths of insurance policies sold by 2020 will be influenced by digital channels, says a report by BCG and Google India.
- Omnitech buys Dutch firm Avensus for Rs 45 cr
Leading IT services provider in the SMB segment Omnitech Infosolutions today said it has taken over Avensus Netherland BV for around Rs 45 ...