PREVIOUS YEARS PERFORMANCE
TCS reverses headcount trend, adds 5,452 employees in Q1 FY25
TCS's Q1 FY25 net employee count grew by 5,452 to 606,998, as per stock exchanges. Post a 13,249 reduction in FY24 (first annual drop in 19 years) and a Q4FY24 staff cut. Consolidated net profit declined 3.16% QoQ to Rs 12,040 crore but increased YoY from Rs 11,074 crore. March and previous quarter noted 12.1% attrition.
Redmi 13 launched at Rs 12,999 in India as Xiaomi marks 10 years here. Check its features and other details
Redmi 13 is here with groundbreaking features! Boasting a massive 108MP camera, 120Hz display, and Snapdragon 4 Gen 2 AE SoC, this phone is a game-changer. Get ready for a whole new level of smartphone experience! This latest addition to the popular Redmi lineup is priced starting at Rs 12,999. The phone will be available for purchase starting July 12.
Rise of Telegram-friendly chain spurs talk of crypto super app
The Open Network (TON) blockchain has seized the crypto spotlight even amid a broader rally in the sector that saw Bitcoin hit new heights before a recent selloff.
Gujarat received FDI worth USD 7.3 billion in 2023-24, jump of 55 pc over previous fiscal
Gujarat attracted USD 7.3 billion FDI in 2023-24, a 55% increase, ranking second after Maharashtra. DPIIT data highlight this growth. Under PM Modi and CM Patel, policies and cluster-based areas like Sanand GIDC, Dholera SIR, semiconductor plants, financial incentives, and business-friendly measures enhanced Gujarat's infrastructure and ease of doing business.
Flood of IPOs brings sackful of bonuses to I-Bankers’ accounts
Indian investment bankers receive generous bonuses despite a soft M&A market. Top performers at local I-banks like Kotak and Axis Capital see bonuses increase by 150-200%. Average bonuses rise by 10-25% as companies focus on talent retention. IPO activity drives record equity indices and compensation levels for MDs range from ₹3-9 crore.
Joe Biden admits to 'not being very smart' and 'almost falling asleep' during debate with Trump, blames extensive travels
During a campaign event in McLean, Virginia, U.S. President Joe Biden admitted that his performance in last Thursday's presidential debate against former President Donald Trump was not his best, attributing it to jet lag from two overseas trips earlier in June. Biden had traveled to France and Italy, crossing multiple time zones before returning to the U.S. for the debate. Despite this, a recent Reuters/Ipsos poll indicates Biden's support remains steady, with one in three Democrats suggesting he should end his reelection bid. Election Day is November 5.
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3 reasons why bank and financial services stocks may bounce back
Nifty Financial Services has typically outperformed broader market indices, but has struggled in recent years, underperforming in four of the last five calendar years, including year-to-date 2024.
India's GDP calculations set for an upgrade as MOSPI sets up panel to revise base year
The Ministry of Statistics and Programme Implementation (MoSPI) has formed a 26-member committee led by Biswantah Goldar to update the base year for national accounts, aiming to align key economic indices with current economic trends. This includes potentially shifting from the current base year of 2011-12 to 2020-21 for indices like the Wholesale Price Index (WPI), Producer Price Index (PPI), and Consumer Price Index (CPI).
73% IPOs trading above issue price as primary market shines in H1, four turn multibaggers
The fundraising of Rs 26,272 crore, however fell short of the previous two years likely due to the absence of mega issues. Investors' reception also remained positive with only one failed IPO.
Best Ryzen 9 Laptops in India for Smooth Gaming Performance (2024)
Are you looking for a smooth gaming experience or graphic designing? If so, then continue reading this article to learn about the best Ryzen 9 laptops in India which are equipped with the said processor along with latest technological features. Go through the complete list, find the one that suits you the best and place your order using the buying link shared in the article below.
Expect improvement in occupancy vis-a-vis the previous year from Q2: Patanjali G Keswani, Lemon Tree Hotels
While you can say that in spite of heat it was decent performance, I am looking at trend lines and I expect the catch up will happen really from Q2 when there will be improvements vis-a-vis the previous year in occupancy.
Muthoot Microfin to stay on the radar with a few tailwinds
A part of Muthoot Pappachan Group, the company provides micro loans to women with a focus on rural areas. It had 1,508 branches in 353 districts across 18 states of India as of March 2024. Its AUM grew by 32.4% year-on-year to ₹12,193.5 crore in FY24.
How Quant Mutual Fund schemes performed versus peers, benchmarks in the last one year?
Quant Mutual Fund, which finds itself in the thick of a controversy regarding alleged front-running, is one of India's fastest growing asset managers and has seen its assets under management (AUM) grow by 251% over the last one year versus industry growth of 53%.
Nippon India Growth Fund review: 31% returns in three years; should you invest in this mid-cap fund?
Nippon India Growth Fund: This fund adopted the mid-cap mandate in 2018, shifting away from its previous market-cap agnostic approach. The emphasis is on identifying growth businesses that are potential market leaders at an early stage, but without overpaying. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Australia perform best under pressure, we'll be up and about against India: Marsh
Australia were handed a 21-run defeat by Afghanistan in their Super Eights fixture here, jeopardising their chances of qualifying for the semifinals. Marsh and Co. now will have to win their final Super Eights match against India and maintain a healthy net run rate to reach the last four stage.
Go Digit stock likely to face pressure amid elevated combined ratio
After gaining over 24% within three weeks since listing on bourses on May 23, the stock of Go Digit General Insurance has remained range bound following weak performance in the March quarter, which was declared on June 11.
‘Kota Factory’ season 3 review: Netizens can’t get enough of Jitendra Kumar aka Jeetu Bhaiya’s performance
Created by Raghav Subbu and conceptualized by Saurabh Khanna, "Kota Factory" is a witty yet stark observational comedy that explores how an entire generation compromised their well-being to chase the dream of clearing entrance exams. Set in Kota, Rajasthan, the show follows the life of Vaibhav (portrayed by Mayur More), a 16-year-old determined to secure admission to the prestigious IIT, as he prepares for the Joint Entrance Exam (JEE) at a coaching center.
Bad loan restructuring emerges to be a better option for ARCs
In FY24, asset reconstruction companies saw a shift towards prioritising loan restructuring over asset sales, focusing on value maximisation and revival potential. This strategic change reflects the evolving role of ARCs in the resolution of bad loans, as they adapt to new credit loss provisioning standards and offer more flexible repayment options.
Investment returns during coalition govt: Modi 3.0 might be good for stock market, mutual fund investors, show trends during previous govts
How will be Modi 3.0 for investments? The stock market experienced a sharp decline following the Lok Sabha elections 2024, causing concern among young investors. They are worried about their investments as a coalition National Democratic Alliance (NDA) government prepares to take oath on June 9, 2024. Will the volatility in the stock market continue? How will NDA-3.0 be for your hard-earned money? Is there a bad government for your investments? Should the incoming government worry debt investors? Should you invest in equities, mutual funds or debt instruments? Questions such as these are worrying investors. So here are some answers that should give an idea of what is in store for you in the next five years.
Own midcaps? Do a check & balance exercise to avoid decision of haste: 7 midcaps from different sectors with an upside potential of upto 49%
Every now and then the market goes through phases, where it prefers a certain set of stocks, not based on sector but based on the overall market cap. So, sometimes it is large caps, at other mid-caps. Now this partially happens, due to the flows which are coming to markets. For example, if more flows are coming to mid-cap or multicap schemes there is bound to be out performance in the mid-cap space. Now what it does is that it tends to create a sudden surge in mid-cap. Similarly when there is an outflow like the kind of one which we saw in March this year, midcap stocks tend to decline sharply. Essentially, it is the flows which impact the broader matrix of how midcaps behave. So there are phases not owning a midcap stocks appeared to sin and then there phase, where owning them appears to be sin. But if one focuses on the underlying business and some critical parameters, there is a possibility of getting rid of these phases of anxiety which keep coming to the street and create long term wealth.
Amid raining guarantees, BJP manages to limit Congress march in Karnataka
In the Karnataka elections, Congress saw a significant increase in seats but fell short of its target. BJP-JDS alliance dominated, with BJP winning 17 seats. Congress won nine seats, facing setbacks in key regions.
Infra mutual funds among top winners in last 5 years of Modi government
Infrastructure sector-based mutual funds, including Quant Infrastructure Fund, Invesco India PSU Equity Fund, and Nippon India Power & Infra Fund, have been top winners in the last five years of the Modi government, offering impressive absolute returns up to 380%.
Best is yet to come; for current year, looking at 25% growth over last year: Irfan Razack, Prestige Group
Irfan Razack, CMD of Prestige Group, outlines the company's strong sales performance, future launch plans, and expansion strategies in Bangalore and other cities, emphasizing growth projections in various sectors by 2028. In Delhi NCR, Prestige is launching projects in Indirapuram, Noida and KG Marg. However, because of the election, code of conduct has kicked in and things have been at a standstill in the last few months.
Maharashtra SSC Toppers List 2024: Check class 10th toppers names, marks, districts and other details
Maharashtra SSC Toppers List 2024 (Google Trends): The Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) has released the class 10th results. The board will soon announce the Maharashtra SSC Toppers List 2024, along with overall pass percentages, gender-wise and district-wise results. Students need at least 35 marks in each subject to pass. Last year, Konkan district had the highest pass rate at 98.11%.
Odisha Board 10th Toppers list: Check BSE Odisha 10th toppers names, merit lists, district wise pass percentage and more
BSE Odisha Class 10th Toppers List: The BSE Odisha Class 10 results for 2024 have been announced, with a pass percentage of 96.07%. The results can be accessed online, and top performers' details will be released on the official website. Students can also get results via SMS and WhatsApp for convenience. Check here for toppers list, pass percentage and other details
Domestic air traffic rises to 1.32 crore in April
As many as 1,370 passengers were affected due to denied boarding, with airlines spending Rs 136.23 lakh towards compensation and facilities in this regard, as per the Directorate General of Civil Aviation (DGCA) data. The data showed there were a total of 32,314 flight cancellations in April and airlines spent Rs 89.26 lakh towards compensation and facilities.
This large-cap mutual fund gave 16% returns in 3 years; should you buy?
SBI Blue Chip Fund: The fund has seen a leadership transition, with its seasoned fund manager passing the reins to a new successor. The previous fund manager had an unwavering focus on quality, supplemented with a buyand-hold approach. While the new fund manager will retain the quality tilt, he intends to incorporate the momentum strategy, which could bring in some churn in the portfolio.
Maharashtra Board class 10th and 12th result date 2024: No result today? Here is the latest update
The Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE), Pune, is anticipated to imminently release the results for the Higher Secondary Certificate Examination (12th) and Secondary School Certificate (10th). After the announcement, students will be able to access and download the Maharashtra Board Result 2024 from the official websites: mahresult.nic.in and mahahsscboard.in.
Kerala SSLC Results 2024: 10th board results announced;How to check scores online and more
SSLC Kerala Result 2024 Date and Time: Kerala boards announced the Kerala Secondary School Leaving Certificate (SSLC) class 10th result for the year 2024, according to various reports. This follows the release pattern of the previous year, where the SSLC Result 2023 was announced on May 19, 2023, at 3 PM through a press conference.
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