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MACRO WOES
RBI MPC meet: Central bank likely to maintain status quo on rates, adopt cautious approach amid West Asia crisisExperts anticipate the Reserve Bank of India will maintain its key policy rate at 5.25 percent this week. The central bank is expected to a...- Global macro woes take holidayers in different directionIndian travelers are opting for short-haul international trips to Southeast Asia and Australia, or domestic getaways this summer. This shif...
- M&M profit surges 42%, but auto margins remain flatMahindra & Mahindra reported a strong 42% jump in net profit for the fiscal fourth quarter. Growth was seen across its automotive, farm equ...
- Hiring outlook for Indian IT industry weakens on global macro woes, slow discretionary spendsThe Indian IT industry is expected to reduce campus intake this year due to weak global cues and a cut in discretionary spending by clients...
- Large local companies ramp up search for CXOs amid macro woesLeading executive search firms including Korn Ferry India, Heidrick & Struggles, EMA Partners and Insist Consulting have seen a 25-30% incr...
- IT stocks log best day in 3 years; TCS jumps over 5% on easing rate worries, strong deal pipelineAmong frontline stocks, Tech Mahindra rallies 4.51%, Infosys climbs 4.40%, HCL Technologies gains 3.80% and Wipro advances 2.69%.
- IT cos to log muted Q1 as macro woes persist; recovery may be gradual, say analystsAs tech companies head into Q1 earnings season this week, experts will also be keeping a close watch on any management commentary on the re...
- IT companies to log muted Q1 as macro woes persist; recovery may be gradual, say analystsAs tech companies head into Q1 earnings season this week, experts will also be keeping a close watch on any management commentary on the re...
- Social media stocks lose over $160 billionThe owner of the Snapchat app, which sends disappearing messages and adds special effects to videos, reported quarterly user growth in Apri...
- Stock market update: BSE Oil & gas index top sectoral gainer; HPCL zooms 6%Shares of oil marketing companies (OMCs) ruled firm amid falling crude oil prices, which have declined about 10 per cent in a week.
- Share market update: Sensex, Nifty finish higher; these stocks surge over 10% on NSEA fresh rise in the Indian rupee against the US dollar and subsiding crude oil prices too influenced market mood.
- Stock market update: Top Nifty gainers and losers of Tuesday's sessionA fresh rise in the Indian rupee against the US dollar and subsiding crude oil prices too influenced market mood.
- Private sector banks to wean away share from PSU lenders: Kotak MahindraThe bank further said that it is on course to double its customer base to 16 million by September this year.
- The possibility of an earnings revival in this fiscal is remote: Ajay Tyagi, UTI AMC"Earnings in 2017-18 will be weak on account of a combination of factors," Ajay Tyagi Executive Vice-President, Equity, UTI AMC
- India could benefit tremendously from Greece woes if macros improve: Pankaj SharmaNow that Greece has voted for a 'No', it is possible that European Union leaders would react much more sensibly and may renegotiate the ter...
- Naveen Patnaik expresses shock over rupee depreciationVoicing concern over the falling rupee, Odisha CM Naveen Patnaik said it would cause further price rise and add to the woes of the common m...
- P Chidambaram discusses economic situation with Manmohan Singh, to meet RBI governor D SubbaraoThe Finance Minister also briefed the Prime Minister about his recent Washington visit, where he pitched for US investments in India.
- Government needs to clarify policy uncertainty for growth: Keshub MahindraThe outgoing Chairman of Mahindra & Mahindra group Keshub Mahindra today said uncertainties over policies and 'vacillation on major reforms...
- Tree House IPO may be priced at 135The initial public offer of educational services provider Tree House Educationand Accessories is likely to be priced at the lower end of th...
- Software shares seen moving sideways till end-JuneShares of India's software sector are expected to trade sideways atleast till the end of first half of calendar year 2009 (January-June), a...
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