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SERVICES SECTOR
QX Global Group appoints Vijay Pahuja as Group Chief Executive OfficerLong Ridge Equity Partners-backed finance, accounting and recruitment KPO leader appoints industry veteran Vijay Pahuja to lead its next ph...- HCLTech CEO C Vijayakumar's remuneration jumps 67% to $18.13 million in FY26Vijayakumar, who is based in the US and draws his salary from the step-down wholly owned subsidiary HCL America Inc., saw his compensation ...
- Q1 earnings begin on a strong note as banks fuel double-digit growthFor a common sample of 164 companies, revenue grew 17.5% on a low base a year ago, the fastest in at least nine quarters. Net profit rose 1...
- AI to fuel India's tech services growth; public cloud spending to reach USD 17.5 bn in 2026: ReportIndia's technology services sector is expected to see strong AI-led growth, with end-user spending on public cloud services projected to su...
- Funds go on buying spree as cash holdings drop to five-year lowMutual fund managers reduced cash in equity portfolios to a five-year low. This move utilized recent stock declines in banking and IT secto...
- NEW ISP: 14 of 19 sectors see double-digit growth in AprilIndia's formal services sector began the new fiscal year strongly in April. Fourteen of nineteen sectors tracked by the new Index of Servic...
- India to launch headline Index of Services Production within monthsIndia plans to launch a headline Index of Services Production (ISP) within the next few months, giving investors the country's first offici...
- CCI junks separate cases against Jio and DIAL for alleged violations of antitrust rulesThe Competition Commission of India dismissed a complaint against Reliance Jio and over 4,500 entities. No evidence of cartelisation or mar...
- From tariffs to talent: How India–UK CETA can transform services trade and professional mobilityThe UK-India CETA agreement, effective July 2026, enhances services trade and professional mobility. It offers improved market access acros...
- Public sector modernisation efforts accelerate amid infrastructure challenges: ReportIndian public sector organisations are accelerating AI adoption for improved services. Containerisation and hybrid cloud infrastructure are...
- TVS Venu Group firm Home Credit India to acquire Varthana Finance for Rs 967 croreThe acquisition will make Varthana Finance a wholly owned subsidiary of Home Credit India and a step-down wholly owned subsidiary of TVS Ho...
- India launches new services output index; 14 of 19 sectors post double-digit growth in AprilIndia's new Index of Services Production reveals strong growth in April 2026. Fourteen of nineteen formal services sub-sectors achieved dou...
- What is the Index of Services Production and which sectors does it cover?India's Ministry of Statistics and Programme Implementation has launched a new monthly services production index. This experimental index, ...
- NFO Update: Baroda BNP Paribas Mutual Fund launches a services fundBaroda BNP Paribas Mutual Fund has launched the Baroda BNP Paribas Services Fund, an open-ended thematic equity scheme that aims to capital...
- Serving the economic cause of servicesTomorrow, the Ministry of Statistics is set to unveil a trial index of services production. This initiative seeks to deliver a timely overv...
- HDFC Bank MD: Chakraborty's abrupt exit a 'challenging event' that raised governance questionsHDFC Bank MD Sashidhar Jagdishan addressed chairman Atanu Chakraborty's resignation and governance questions. External law firms reviewed C...
- India to roll out new high-frequency economy barometer on July 14India will launch a new services production index next week to track activity in the country's dominant services economy. It aims to provid...
- Information & Computer services to make up 1/5th of India's proposed planned indexIndia will soon release a new monthly Index of Services Production. Information and computer services will lead this important economic ind...
- Expert panel: Release services production index within 60 daysAn expert panel recommended monthly compilation of sectoral indices and releasing the ISP within sixty days. This new index will provide a ...
- US service sector growth dips in June; employment rebounds after months of contractionUS services sector activity saw a slight dip in June as the impact of Middle East war-driven order rushes faded. However, employment reboun...
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