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Blackstone pledges entire Mphasis stake to refinance loanSingapore-based promoter entity BCP Topco IX Pvt Ltd, a Blackstone subsidiary, has pledged its holding to refinance its existing loan, with...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
Adani, Arcelor among firms setting up treasury operations in GIFT City, sources sayMajor firms like Adani, Bharti Airtel, Genpact, and ZF Friedrichshafen are setting up treasury operations in India's GIFT City. This tax-ne...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsOver the next few sessions, as the uncertainty caused by the Gulf war intensifies and makes you anxious, remember this: It is not the first...
Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
NCLT orders insolvency proceedings against Venugopal Dhoot as personal guarantorInsolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this act...
Oil shock threat looms over Dalal Street rallyIndian stock markets and the rupee face potential downturns. Last week's gains were driven by a temporary truce impacting oil prices. The m...
Banks seek RBI clarity on forex hedge curbs, warn rules may hit genuine trade flows amid delaysBanks are urging the Reserve Bank of India for clarity on forward contract rules. Recent RBI directives aimed at curbing speculation could ...
Defending the rupee: Understanding the RBI’s new rules. Will they work?The RBI’s measures to defend the rupee have had their desired effect, with the Indian currency staging a smart recovery. But do these measu...
HDFC Bank penalises 12 execs for role in mis-selling AT1 bondsHDFC Bank has penalized at least 12 senior and mid-level executives, including Ashish Parthasarthy, for their alleged role in the mis-selli...
Tariff therapy: Trump nudges pharma cos to make drugs in US or face 100% tariffAmerica is set to impose hefty 100% tariffs on imported medicines. This move targets drug companies that do not agree to government pricing...
Rupee seen sliding to 100 per dollar as oil prices surgeIndia's rupee faces potential record lows against the dollar, possibly exceeding 100, if the Iran war escalates. Analysts warn that elevate...
TCS & Infosys diverge on margin bandsTata Consultancy Services is holding on to its 26-28% band while Infosys cut its band to 22-24% from 23-25% earlier this year to allow it r...
After Infosys & Wipro, TCS on I-T radar for claiming sops on onshore workTax authorities say many software cos often book the earnings from such onshore work in their units located in the STPI to avail tax benefi...
- I-T can reopen file if income not assessed properly
The HC has ruled that Revenue can reopen assessment proceedings on change of opinion that income of assessee has escaped assessment.
- In rural Missouri, an IT outsourcing company challenges India
Can IT services cos located in rural areas in the US compete with lower-priced counterparts offshore? Shane Mayes is betting they can.