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 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
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
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 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 (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 (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
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
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
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
Every day, there is a lot happening in the world of business such as companies announcing big moves, stocks reacting to market trends, and new policies shaping industries. With so much information coming in, it’s easy to lose track of what really matters. To cut through the noise, here are the top stocks in focus
Edtech giant Physics Wallah has confidentially filed for an initial public offering (IPO) that could raise as much as $500 million, according to a report by IFR. The company in October 2024 said it might launch a $400-500-million IPO in 2025. If the public issue is launched, Physics Wallah will be the first pure-play edtech
Advance tax collections from the corporate sector, other firms and individuals in the current fiscal stood at Rs 10.45 lakh crore as on Sunday, up 14.6% on year. In the corresponding period of last fiscal, these collections — a proxy of corporate profitability and the state of the economy — stood at Rs 9.11 lakh
