Going forward with levers like higher utilisation, pyramid rationalisation, absence of restructuring expense, resources re-allocation and higher consulting revenues will drive margins.

Google has laid off hundreds of employees to reduce expenses and shift focus to artificial intelligence.

In fact, data showed that foreign portfolio investors turned net sellers of equities in the last week after being net buyers in the secondary market in the preceding week.

And the put call writers have also shown some covering on their writing position at 21,700, 21,800 strikes. That clearly shows this momentum can continue and we may see a 22,000 and 22,200 kind of level in the coming week.

Foreign institutions now hold 63.72 percent of the fintech giant, a rise of 2.8 percent from the September quarter.

In a recent survey by The Association of National Exchanges Members of India (ANMI), 82.3 percent of Indian stockbrokers plan to invest in cybersecurity. The findings reflect a shift to digital operations, with 25–50 percent of businesses going digital.

The tech sector has kicked off the new year with a spate of fresh job cuts that are coming at the same time as the industry is doubling down on investments into artificial intelligence.

Google announced on Wednesday that it laid off hundreds of employees in voice assistant team and hardware team for Pixel, Nest and Fitbit

A video of an employee of US-based IT services company Couldflare being fired over a conference call had gone viral on the Internet. The video, posted by Brittany Pietsch, is titled "POV: You're about to get laid off".

2024 Hyundai Creta facelift will launch on January 16 while the Citroen C3 Aircross AT is also expected to be introduced this month

The Consumer Electronics Show (CES) 2024 showcased groundbreaking electric vehicle (EV) concepts. Honda debuted the Saloon and Space-Hub models from its 0 Series. Kia revealed its Platform Beyond Vehicle (PBV) strategy with the Concept PV5, Concept PV7, and C…

While bitcoin has often outperformed traditional options like equities, gold, and fixed income, a key risk in cryptocurrency investments is the absence of a redressal mechanism

Shipping companies whose ships transit through the Red Sea are spooked by Houthi attacks. They are improvising but are concerned about weaponization of supply chains.

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

Medi Assist IPO GMP today: Shares of the health-tech company are available at a premium of ₹52 in grey market today, say market observers

The Kia Sonet burst onto the scene in 2020, quickly establishing itself as a front runner in the sub-compact SUV segment. Its full design and modern features...

HCL Tech dividend record date: Shiv Nadar-led HCL Tech announced its quarterly results on January 12, 2024. The third largest IT services company in the country, HCL Tech reported a 13.5 per cent rise in net profit on a sequential basis. HCL also announced a …

Leisure, jewellery, out-of-home food and healthcare, and premium brands will be biggest beneficiaries of growing affluence in India, says Goldman Sachs

According to a report in Economic Times, Airtel and Reliance Jio may charge 5-10% more for 5G services compared to 4G. This move is expected to drive

Narayana Murthy started his professional career as a research associate at IIM Ahmedabad. In 1981, Narayana Murthy and his six friends founded Infosys with his wife Sudha Murty by his side who provided him with a seed capital of Rs 10,000.

India, currently, the world's fifth largest economy, is set to become the third largest by 2027, as per the International Monetary Fund.

Sebi plans to offer the facility of voluntary freezing or blocking of trading accounts by clients to counter suspicious activities.

The second week of January saw a record jump in the number of startup funding deals. Around 31 startups raised $157.3 million funding.

Jyoti CNC Automation IPO allotment status can be checked online by logging in at the BSE website or the Link Intime portal