[ad_1] BENGALURU: Infosys is expanding its capabilities with a full-fledged global capability centre (GCC) practice and has appointed Deval Shah, the former MD and country head of India for Danske IT and Support Services India, as its new GCC leader, sources told TOI.Shah is currently the VP and delivery head at Infosys. Two years ago,…
[ad_1] MUMBAI: Led by a significant rally in bank stocks, Dalal Street experienced a strong upsurge on Monday. The sensex reclaimed the 79K level, while the Nifty rose above the 24K mark, both after more than four months. The BSE bankex rallied over 2% to a new all-time high during the day’s session.The rally was…
[ad_1] Monday’s session added about Rs 6.25 lakh crore to investors’ wealth, with BSE‘s marketcapitalisation now at Rs 425.9 lakh crore. This, in effect, lifted BSE’s market cap above the $5 trillion mark again. The last time BSE’s market cap was at this level was on January 20 this year. [ad_2] Source link
[ad_1] The Khadi and Village Industries Commission (KVIC) has achieved a milestone, with its turnover crossing 1.70 lakh crore for the first time in independent India’s history, according to the Ministry of Micro, Small and Medium Enterprises. KVIC Chairman Manoj Kumar shared provisional figures for the financial year 2024–25, marking record growth across production, sales,…
[ad_1] Gold prices breached the Rs 97,000 per 10 grams level for the first time in futures trade on Monday, surging by Rs 2,111 to hit an all-time high of Rs 97,365 per 10 grams on firm local demand. Continuing the winning streak for the third straight day, the most-traded June delivery contract of the…
[ad_1] US President Donald Trump‘s renewed attacks on Federal Reserve Chairman Jerome Powell and the central bank’s independence are stirring market uncertainty, contributing to the US dollar hitting a three-year low.The ICE U.S. Dollar Index, which tracks the greenback against a basket of major foreign currencies, fell to 97.92 on Monday, marking its lowest level…
[ad_1] NEW DELHI: Google has reached a settlement with the Competition Commission of India (CCI) in a case involving alleged unfair business practices in the Android TV segment. As part of the settlement, Google has agreed to pay Rs 20.24 crore to the regulator, according to news agency PTI. This marks the first case to…
[ad_1] Marcellus Investment CEO Saurabh Mukherjea (File photo from Marcellus website) White-collar employment, long considered the backbone of India’s growing middle class, is undergoing a significant decline, according to prominent investment strategist Saurabh Mukherjea. The founder and chief investment officer of Marcellus Investment Managers warns that stable, salaried jobs are no longer a sustainable model…
[ad_1] NEW DELHI: In a significant shift towards more frequent economic data dissemination, the Central government will begin releasing unemployment figures on a monthly basis starting May 15, a senior official from the Ministry of Statistics and Programme Implementation announced on Monday.According to PTI, the initial release will cover data for the months of January,…
[ad_1] Photo: Ministry of Finance Nirmala Sitharaman, the Union minister for finance and corporate affairs has emphasized that India’s growth potential is recognised by institutions like World Bank and International Monetary Fund. India’s importance in supporting global trade was also highlighted by Sitharaman.FM Sitharaman is on a visit to US and Peru, where she would…
