The Indian IT services sector is staring at a second consecutive year of muted revenue growth due to modest increase in tech spends in Europe and the US, a domestic rating agency said on Wednesday. Crisil Ratings said it expects the sector to grow at 5-7 per cent in FY25, after a growth of 6 per cent estimated to have been achieved in FY24. The overall industry size is pegged at $250 billion and it creates over 50 lakh direct jobs.
Just how do movie stars spend their week? While some are travelling on film assignments or pleasure, others brave the Mumbai summer at home.
Rajkummar Rao does the best with what he is given and he ably elevates the generic story-telling. Too bad that his performance remains the only takeaway from such an inspiring real-life story, notes Mayur Sanap.
'I'm trying to do what I am doing well. Some days it comes good and some days it doesn't, (but) I'm not thinking much.'
The 75-year-old Eshwarappa, had remained steadfast in his decision to contest, spurning efforts by party leaders to pacify him. He had even filed his nomination as an independent candidate.
Edtech firm Think and Learn, owner of Byju's brand, credited partial salaries of employees for the month of March, according to sources. Byju Raveendran, the Founder and CEO of Think and Learn, has raised debt in his personal capacity to pay the salaries of employees for March. Byju's salary expenses for partial payouts is estimated to be in the range of Rs 25-30 crore.
The likes of Rohit Sharma, Jasprit Bumrah and Suryakumar Yadav were automatic choices in India's T20 World Cup squad
Dube got in thanks to more game time for Chennai Super Kings during the first 10 games of the league.
'Sonia did not visit this place once since she won. Who's to say they won't lose this one, too?'
'All my wealth I earned in the US. It is all money earned transparently. I have paid all taxes.'
'The 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
DigiLocker, a government initiative for storing documents and verifying credentials online, is gradually replacing the need for paper.
KKR Mentor Gautam Gambhir was all ears as Virat Kohli did all the talking.
Pant's batting lacked its usual spark. While his 44 runs off 35 balls hinted at his talent, fluency and explosiveness were noticeably absent.
The revenue growth of early birds or companies that have declared their Q4FY24 (March quarter) numbers is the highest in the last four quarters. The 178 companies (excluding their listed subsidiaries) that declared their results have reported a sales growth rate of 13.2 per cent year-on-year (Y-o-Y), taking aggregate revenue to Rs 9.1 trillion. Including other income, growth is at 16 per cent, the highest in the last four quarters.
Automotive (auto) major Mahindra & Mahindra (M&M), which is readying to launch nine sport utility vehicles (internal combustion engine/ICE), seven Born Electric Vehicles (BEVs), and seven light commercial vehicles by 2030, has outlined an investment of Rs 27,000 crore in its auto business between 2024-25 (FY25) and 2026-27 (FY27). Over the next three years, the company will deploy Rs 37,000 crore, including its auto business, farm business (Rs 5,000 crore), and service business (Rs 5,000 crore).
Dipa Karmakar claimed a creditable fourth place in the women's vault final at the FIG Apparatus World Cup.
Nikam has replaced two-time MP Poonam Mahajan, who is the daughter of the late BJP stalwart Pramod Mahajan.
Yes Bank on Saturday reported over two-fold jump in standalone net profit at Rs 452 crore for March quarter 2023-24, primarily due to benefits on the provision front. In the year-ago quarter, the bank logged a profit of Rs 202.43 crore. The private sector lender benefitted from write-back on income tax and interest on income tax returns, but the profits were limited by its inability to comply with the mandatory priority sector lending (PSL) requirements, its management said.
ICICI Bank on Saturday said its March quarter consolidated net profit grew 18.5 per cent to Rs 11,672 crore, helped by lower provisions. On a standalone basis, the second largest private sector lender showed a 17.4 per cent growth in its profit after tax at Rs 10,708 crore for the reporting quarter against Rs 9,122 crore in the year-ago period. For fiscal 2023-24, its standalone net profit grew to Rs 40,888 crore from Rs 31,896 crore a year ago.
Punjab Kings' batting sensation Ashutosh Sharma had the self-belief to take his team over the line, though Gerald Coetzee ended his stay at the crease to take Mumbai Indians to their third win of the ongoing Indian Premier League season.
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
The humans have "selective amnesia" about the significance of forests, the Supreme Court said on Thursday while advocating the need for a change in approach towards natural resources from anthropocentric to ecocentric.
The RSS wants to transform society and believes that victory of society must not be judged on wealth creation but religion, he said.
'There is no cringe shot in the film which could give me a sleepless night.'
'Very pleasing. Most importantly the win, cricket has turned to baseball isn't it? We're delighted with the two points.'
Kotak Mahindra Bank's loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the bank's online and mobile banking channels and not to issue any new credit cards, according to analysts. The bank's share price fell 10.85 per cent on Thursday to close the day at Rs 1,643 on the BSE. The RBI's action came after market hours on Wednesday.
Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.
IMAGES from the IPL 2024 Eliminator played between Royal Challengers Bengaluru and Rajasthan Royals in Ahmedabad, on Wednesday.
Buttler single-handedly pulled off IPL's biggest chase
'The primary set took over three months to build with 14,000-15,000 workers employed at a time.'
'We ensured that Mallikajaan's Shahi Mahal lived up to its name.' 'One zardosi panel cost around Rs 4 lakh; the one with the kalpavriksh was around Rs 5 lakh.'
'The censor board asked me for some strange cuts.' 'Otherwise, they would have given me an 'A' certificate.' 'One cut was where Girish Karnad was explaining artificial insemination in cattle.' 'These cuts never made any sense to me.'
Sunrisers Hyderabad will look to unleash their brute batting power on struggling Royal Challengers Bengaluru when the two teams face off in their return-leg fixture of the IPL in Hyderabad on Thursday.
Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project. A Vedanta official said its commitment to optimising capital allocation and driving expansion is a key cornerstone of its strategy for the mines. It will enhance value creation and operationalise the Konkola Copper Mines (KCM).
Lucknow Super Giants skipper KL Rahul was all praise for Marcus Stoinis' match-winning 63-ball-124 not out against Chennai Super Kings as he felt that the home team's score of 210 for 4 was at least 30 runs above-par on that particular Chepauk track.
Nearly half a century later, Shyam Benegal's Manthan will be showcased in restored print at this year's Cannes Film Festival. It still serves as a much-needed reminder of setting aside differences in the favour of combined progress and profit, notes Sukanya Verma.
'The Opposition parties will continue to woo Chandrababu Naidu even though he has said he will support the BJP.'
IMAGES from the Indian Premier League match played between SunRisers Hyderabad and Lucknow Super Giants in Hyderabad, on Wednesday.
'Success is in the hands of the audience. I learn from what they like or dislike, and take the next step further.'
KKR fielding coach Ryan Ten Doeschate, a member of their 2014 IPL title winning team under Gautam Gambhir, credited Narine's transformation to the former skipper who is now the mentor of the side.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances