Tech Mahindra has partnered with 60 to 70 global capability centres (GCCs), focusing on providing specialised services, addressing growing demands, and grooming talent to cater to their evolving requirements. “GCC has caught the spotlight and is definitely the talk of many organisations in India,” said Ram Ramachandran, senior vice president – India, Middle East, and
Bengaluru-based on-demand logistics platform Porter is aiming to achieve profitability by the end of FY25 while sustaining a 50% year-on-year revenue growth trajectory. “If we continue the trajectory we’ve maintained over the past few years, Porter may turn profitable by the end of this fiscal,” said Shruti Ranjan Satapathy, chief product and technology officer. “That
Hold on to your helmets. The Scram is back, and it’s ready to rumble. Royal Enfield just pulled the covers off the all-new Scram 440, and it’s packing more tweaks and adjustments than ever before. Based on feedback from the loyal fans of the previous-gen Scram, the company’s taken a good hard look at what
The net asset value (NAV) of Quant Mutual Fund’s schemes fell up to 3% on Thursday due to their exposure to Adani Group stocks, which took a heavy beating on Dalal Street, due to bribery charges in a US district court. Shares of Adani Group companies fell up to 23% on Thursday, with the group’s
Led by heavyweights, stocks rebounded smartly on Friday to snap a two-week losing streak and record their best session in nearly six months, shrugging aside concerns on exposures of lenders to Adani Group companies. Experts said the correction over the past month has seen stock valuations become less expensive. The financial services and IT companies
The 160cc motorcycle segment needs to balance three aspects — style, performance, and efficiency. Two motorcycles do it well — the TVS Apache RTR 160 and the Hero Xtreme 160R. However, the Apache has seen an update recently with changes to its running gear, making it a more compelling choice compared to the Xtreme 160R.
Rise Infraventures Ltd, a prominent real estate consultancy firm, is on track to achieve an impressive Gross Transaction Value (GTV) of Rs 4000 crore by the end of FY 2024-25, meeting its sales target of Rs 4000 crore set at the beginning of the financial year. Building on last year’s exceptional growth, the company’s trajectory
BMW has become the second luxury carmaker in India to announce its annual price hike for 2025. From 1 January 2025, prices for all BMW models including locally assembled and fully-imported CBU models will cost up to 3 percent higher. The German marque has an extensive range of models offered for the Indian market. BMW
When an investment matures, you face a crucial decision: withdraw the funds or reinvest them for future growth. The right choice depends on your financial goals, market conditions, and liquidity needs. Reinvesting can help build wealth through compounding, while withdrawing may be ideal for immediate expenses or reallocating to better opportunities. Understanding the pros and
With Bharti Airtel and Reliance Jio announcing their respective agreements with SpaceX, JM Financial said that this tie-up is largely neutral for the two telecom companies and there seems to be no significant risk to growth potential for Indus Towers. Currently, the agreement between the two telcos and SpaceX is limited to distributing Starlink’s satellite
OLA Electric Mobility has been continuously in the eye of the storm. The share price fell below Rs 50 per share on the National Stock Exchange, down 6.2% intra-day. This is after Rosmerta Digital Services initiated insolvency proceedings against OLA Electric Mobility’s wholly-owned subsidiary, Ola Electric Technologies, for non-payment of incurred services. Rosmerta initiates bankruptcy
Wipro shares fell 0.9% to an intra-day low of Rs 261.70 after it realigned the global business with clients’ needs. The stock was among the major losers on Nifty and has lost 13% year to date. The restructuring in global business line comes amidst the US recessionary concerns and challenging macroeconomic conditions. Also, the company
Infosys is back in the spotlight as investors keep a close watch on the IT giant following recent developments. From its upcoming quarterly earnings to stock performance trends, here are five key things to know about Infosys shares right now. Infosys: Quarterly earnings on the radar The countdown has begun for Infosys Q4 results. The
