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ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and whic...
$1,000 checks headed to Americans with no action required — here’s what to knowAmericans to automatically get $1,000 verified checks for unclaimed property with no extra steps required. Millions of residents nationwide...
Stripe valuation jumps to $159 billion in latest employee share saleFintech firm Stripe has been valued at 159 billion dollars. This marks a significant jump from a year ago. Investors poured 274 billion dol...
Gold prices soar - China's gold ATM has Indians asking, 'when's ours coming?'Amidst surging gold prices, Shanghai's first gold ATM attracts crowds in a busy mall, offering instant cash for jewelry. Developed by Kingh...
LoadShare partners with KarmaLife to launch credit programme for delivery executivesGig workers require access to short-cycle credit to meet an erratic cash need in between their payout cycles. This partnership will enable ...
UPI transactions hit all-time high in June as second wave ebbedAs many as 2.8 billion UPI transactions worth Rs 5,47,373 crore were clocked in June, data released by NPCI showed. That’s a 10.6% jump in ...
Infosys buyback decision on Wednesday: What to expect?Infosys had a net worth of $9.6 billion and net cash of $4.6 billion as of December quarter, and therefore can buy back a maximum of $2.4 b...
Paytm introduces Payout Links for businesses, enables money transfer sans collecting bank detailsThe facility helps businesses adopt an automated payment mechanism, and has grown to process payments upwards of Rs 1,660 crore per month.
Companies with strong finances likely to bounce back firstDespite rising regulations over the past ten years including GST, compulsory PAN card for jewellery purchase and demonetisation, Titan has ...
MNCs remain D-Street’s consistent wealth creators through thick & thinMNCs in India are those in which foreign shareholding is in excess of 50 per cent and/or management control is vested in a foreign company.
Blowout earnings spur biggest upgrades for Indian tech since 2013Twelve-month forward earnings estimates for the 50-member S&P BSE Information Technology Index have climbed 4.6% in July, the most since Oc...
Baring stake buy to help drive growth, says NIIT Tech CEOBaring would end up paying Rs 4,890 crore for a 56 per cent stake, including the open offer.
Indian IT companies credit profile to be stable despite pressure: ICRAIndian IT services players' market share of the global IT sourcing market stood at 67 per cent in 2016 compared to 60 per cent in 2012.
More fear than cheer for Infosys' long-term investorsA major concern now is whether the company will be able to adjust its strategies to stay competitive amid the changing landscape.
Why Infosys needs to figure out the best way to utilise $5billion it is sitting onShareholders want to know how quickly Sikka will shift to digital model he’s driving, from the worker arbitrage system dominant when the fo...
Tech Mahindra buys UK fintech firm in deal valued at more than 112 million poundsTech Mahindra said the Target Group’s proprietary platform automates complex and critical processing, servicing and administration of loans...
- IBM rides market upswing to hit all-time high
The rise comes after IBM shares spent much of this year going sideways as concerns about European govt debt and sluggish economic recovery ...