'The industry growth in 2016 came from the new digital technology segment which grew at over 20%.''The challenge for the industry is that the legacy business makes up almost 80% of revenue.''Hence the urgency to transform into digital business.'Ayan Pramanik reports. The information technology sector had to reduce growth numbers for only the second time in a decade, the first being after a US recession triggered by the Lehman Brothers collapse. This time, they faced challenges due to ... Rediff.com, 1 month ago
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Posted by Equitymaster Diversified equity mutual funds offer investors varied styles of investing. There are value-style funds, growth-style funds, some follow a mix of both value and growth (known as blend funds), some take a contrarian approach, and then ...Equitymaster.com, 3 days ago
Now that the Union budget is over, fund managers who had held back cash from equity investments last month, would now be deploying the hoard in sectors that have turned appealing post-budget. The budget’s efforts at consumption revival through a personal ...The Financial Chronicle, 3 weeks ago
Rahul Sikka, Larsen and Toubro's Vice President and Head Africa Power Transmission and Distribution, has said Prime Minister Narendra Modi's move to demonetise high-denomination currency notes of Rs. 500 and Rs. 1,000 has brought more people into the ...Business Standard, 4 days ago
Small and midcap stocks are on a roll as institutional and retail investors are making big bets on these stocks, some of which have hit lifetime highs. Both the small and mid cap indices, which are currently at new all-time highs, have outperformed benchmark ...The Financial Chronicle, 5 days ago
Posted by Equitymaster Global markets ended the week on a dull note with most of the markets ending flat or in the negative territory. Brazil's and China's indices were the only ones which ended the week on a positive note, with gains of 0.5% and 0.3% ...Equitymaster.com, 1 month ago Global Markets Ended on a Positive Note Equitymaster.com, 1 month ago
Private sector HDFC ERGO General Insurance Company today said it has raised Rs 350 crore through Non-Convertible Debentures (NCDs) to strengthen its capital base. The fund was raised by way of the private placement of unsecured, subordinated, redeemable, NCDs ...Business Standard, 1 month ago
Posted by Equitymaster Share markets in India continued to trade marginally higher in the afternoon session and finished on a positive note despite weak global trend. At the closing bell, the BSE Sensex stood higher by 107 points, while the NSE Nifty finished ...Equitymaster.com, 1 month ago
The benchmark Sensex remained range-bound in choppy trade on Monday, ending about 33 points down as investors preferred to stay light ahead of earnings season and macroeconomic numbers amid estimates of slowdown in the country's GDP growth. Caution prevailed ...DNA, 1 month ago Sensex extends slide in choppy trade; down 33 points Deccan Herald, 1 month ago
Nilesh Shah came to the capital markets purely by accident. The soft-spoken and articulate managing director of the Kotak Mahindra Asset Management Company, who has over 25 years of experience in capital markets and knows all there is to know, is quite candid ...The Financial Chronicle, 1 month ago
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