India’s Adani Enterprises raises $500 million via share sale, sources say
ADANI-ENTR-India’s Adani Enterprises raises $500 million via share sale, sources say
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If rate cut happens in Feb, it will come with significant downward revision of GDP: Union Bank report
The Reserve Bank of India (RBI) holds the repo rate unchanged, shifting its policy stance to neutral, signaling ongoing inflation concerns. The UBI report suggests no rate cut in December due to rising inflation, with a possible rate cut and…
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India deal lifts TCS Q2 revenue
CEO K Krithivasan cited “some signs of improvement, most notably in financial services in North America,” acknowledging that the “demand outlook continues to remain cautious”, on an analyst call after earnings were announced. A planned press conference was cancelled due…
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Pressure amps up on Infosys, Wipro to beat high expectations amid correction woes
“While demand is improving, it is not beating existing estimates,” analysts at HSBC Global Research wrote. The recovery seen so far in banking, media and telecommunications won’t be enough to beat consensus views, they said. Commentary on the effects of…
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Q2 results may be India Inc’s worst quarter in 4 years. Investors brace for more downgrades
India’s stocks are expected to see their worst quarterly earnings since the 2020 lockdowns. Analysts predict Nifty’s earnings will grow only 2% in the September quarter. This slowdown is driven by demand issues. Sectors like BFSI, healthcare, and utilities may…
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When Mukund Rajan reminisced about Ratan Tata’s vision, humility and foresight
Tata Group’s former chief ethics officer Mukund Rajan offered a comprehensive look at Tata’s leadership style, marked by curiosity, humility, and strategic foresight of the industry at the ETCFO Leadership Summit last year.
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