Dalal Street tanked nearly 1% in early trade as benchmark indices opened sharply lower on Friday, snapping a five-session winning streak, as a brutal selloff in information technology stocks overshadowed…
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Accenture warning sends Infosys, TCS and HCLTech tumbling. Here’s why
Infosys, TCS, HCLTech and other IT stocks remained under pressure on Friday after global IT services giant Accenture cut the upper end of its annual revenue growth forecast, raising fresh…
Jio IPO, AI, green energy: 5 big questions Mukesh Ambani may answer at Reliance AGM
Reliance Industries Chairman Mukesh Ambani is set to address shareholders at the company’s 49th Annual General Meeting (AGM) on Thursday, and investors will be watching closely for answers to some…
India’s Swiss bank connection weakens as funds fall by 8% to Rs 36,800 crore
For years, Swiss bank accounts have occupied a special place in India’s political and public imagination. From election speeches to dinner-table debates, “Swiss bank money” has often been used as…
The third dimension – after inspectors and employers, now the consultants
So far, I have presented cases of partial compliance by employers and the connivance of inspectors who chose not to report such violations. I have not yet dealt with the…
Got your Form 16? Check these 6 details before filing your ITR
The income tax return (ITR) filing season is here, and if you’re a salaried employee, chances are you have already received your Form 16 from your employer or will receive…
Infosys, TCS, HCLTech down: Why are IT stocks falling after the recent rally?
IT stocks came under pressure on Thursday, with the Nifty IT index falling 1.46%, making it the worst-performing sectoral index on Dalal Street. Among the biggest losers were Infosys, which…
NSE IPO filing could unlock Rs 25,000 crore for SBI, Temasek and top investors
After a wait of nearly 10 years, the National Stock Exchange (NSE) has finally taken a major step towards its stock market debut. India’s for its long-awaited initial public offering…
8th Pay Commission: How fitment factors from 2.57 to 3.83 may change salaries
One number could ultimately decide how much central government employees and pensioners gain under the 8th Pay Commission: the fitment factor. While employee unions have demanded a there is no…
PetroChina, Indian Oil fail to secure tankers to load Iraqi crude, sources say
PetroChina and Indian Oil Corp failed to secure very large crude carriers to lift Iraqi Basrah crude in late June, company and shipping sources said on Thursday, while another Chinese…