'Indian firms face an uphill battle to replace the revenue compression that is affecting their legacy business. They face new competitors in digital markets who have strong advantages over Indian firms.' IMAGE: Indian firms are undercutting each other to win more traditional services contracts, affecting their overall growth. Photograph: Reuters. India’s software exporters seem to be the new incumbents in the global technology outsourcing space. In the next two years, clients such as ... Rediff.com, 3 days ago
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split The National Stock Exchange of India (NSE) said its upcoming initial public offering (IPO) would be through an offer for sale (OFS) of shares held by existing NSE shareholders. The decision was taken by the exchange’s board of directors at a meeting on Tuesday. The NSE’s board of directors had on June 23 given its nod to list the exchange in India and abroad. The exchange had said it would file a draft prospectus with ...Rediff.com, 2 months ago
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