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Accenture lifts FY25 growth forecast; signals trends for Indian IT sector

Nasdaq-listed IT services major Accenture has raised its annual revenue growth forecast for fiscal 2025 to 4-7%, up from the earlier projection of 3-6%. The revision is attributed to a reduced negative impact from foreign exchange fluctuations, now expected to be approximately 0.5%, compared to the 1.5% projected earlier. Accenture’s performance and outlook are of

JSW Infra unveils Rs 30K crore capex plan

JSW Infrastructure, India’s second-largest private port operator, has outlined an ambitious capital expenditure plan of Rs 30,000 crore to increase its cargo-handling capacity to 400 MTPA by FY30. The port operator has planned brownfield projects at three locations and aims to initiate greenfield developments at three additional sites to establish new ports. To strengthen its

Bharti Airtel makes prepayment of Rs 3,626 crore to clear 2016 spectrum dues

Telecom major Bharti Airtel on Thursday announced that it has made prepayment of Rs 3,626 crore to the Department of Telecom, thereby fully clearing its liabilities for spectrum it had acquired in 2016 auction. With this payment, Bharti Airtel has now prepaid all its spectrum dues that had interest costs higher than 8.65 per cent

Will Zomato ‘serve it’ to Swiggy, Zepto with launch of ‘Bistro’? Know more about this ‘new-age canteen service’

The quick food delivery space is witnessing intensifying competition with players like Zomato, Swiggy, Zepto, all putting in their best foot forward to have an edge over the other. The most recent in this race is Zomato-owned Blinkit launching ‘Bistro’, a 10-minute food delivery app. Bistro opens up a wide range of use cases that

Stove Kraft enters into partnership with IKEA to develop, supply cookware to be sold through IKEA’S network

Stove Kraft Ltd on Thursday announced that it has entered into a strategic partnership with IKEA to develop a range of cookware to be sold through IKEA’s global network of stores from 2026. In an exchange filing, the company informed that the manufacturing facility for this partnership is being housed in a built up area

NielsenIQ appoints Joe Ellis as Managing Director for India

NielsenIQ (NIQ) on Thursday announced the appointment of Joe Ellis as the new managing director for its India business. The announcement follows a year after NIQ and GfK merged to form a consumer intelligence firm, with significant investments in omnichannel coverage, business intelligence tools, and predictive analytics. The appointment highlights NIQ’s commitment to its India

JSW Infrastructure targets cargo-handling capacity expansion to 400 MTPA by FY30, announces capex of Rs 30,000 crore for FY25-30

JSW Infrastructure (JSWIL) on Thursday announced that the company is set to reshape the nation’s ports and logistics sector with its growth strategy. The company aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30, it said in a regulatory filing.  Investments to drive capacity expansion JSW Infrastructure has announced

Infosys unveils Rs 426-crore development centre in Kolkata

The country’s second largest IT services firm, Infosys, on Wednesday inaugurated a state-of-the-art development centre (DC) in New Town, Kolkata, marking a major milestone in West Bengal’s IT growth story. Built with an investment of over Rs 426 crore, the 320,000 sq ft facility is designed to accommodate over 4,000 employees in a hybrid working
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Ashish Kacholia’s Latest Stock Pick starts with a 2.53% Stake

Thomas Scott India Ltd (TSIL) Thomas Scott (India) Limited formed in October 2010 to acquire Bang Overseas Limited’s Retail Division under the “Thomas Scott” brand. The demerger, effective April 1, 2011, was finalized on August 5, 2011. The company was listed on NSE and BSE in January 2012. With a current market cap of Rs

Nuvama sees 96% upside in PVR Inox

Chhatrapati Shivaji Maharaj played a key role in reviving nationalism and the brokerage firm Nuvama Institutional Equities believes that the movie Chhava, based on his son’s achievements has revived the spark in Indian cinema. Following the stupendous box office collection for Chhaava, Nuvama expects a 96% upside in PVR Inox’s share price.  It has a target of Rs 1,765 on the

NMDC dividend payout: Check record date and 4 key factors that investors need to watch

NMDC has announced its first interim dividend for FY25. As India’s largest iron ore producer rolls out fresh payouts, its stock performance remains key points of interest. Dividend announcement and record date NMDC has declared an interim dividend of Rs 2.30 per share with a face value of Rs 1. The record date for eligibility

Stock Market Live Updates: Nifty, Sensex set to open higher; Asian markets trade in green

Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Indian markets are set to open on a positive note today, taking cues from early trends in GIFT Nifty. Asian stocks also kicked off the day in the green, reflecting optimism from Wall Street’s overnight rally. Major indices across Japan, South Korea, and Australia

How will markets open today? Fed meeting, soaring gold rate and 6 more cues to watch

Markets are gearing up for a positive start today, with early signals from Gift Nifty pointing upwards. Global factors, including Wall Street trends and key economic updates, will set the tone for the day. On March 17, Indian stock markets ended on a strong note, with the Sensex rising 0.46% to 74,169.95 and the Nifty