Bharti Airtel on Wednesday confirmed that it is in talks with the Tata Group over a potential merger of Tata Play with Bharti Telemedia. In an exchange filing, Airtel said, “We wish to submit that we are in talks to explore a potential transaction to achieve a combination of Tata Group’s direct-to-home (DTH) business, housed
Infosys has launched open-source Responsible AI toolkit that aims to address risks and ethical concerns. This initiative forms a component of the Infosys Topaz Responsible AI Suite, aimed at enabling enterprises to innovate responsibly, while mitigating risks associated with ethical AI adoption. The Infosys Responsible AI toolkit builds on the company’s AI3S framework (scan, shield
Demand trends in the aviation sector remained robust in Q4FY25 as per various indicators spanning daily traffic, Passenger Load Factor (PLFs), management commentaries and media reports. This is particularly positive considering Q4 being a typically weak quarter followed by seasonally strong Q1. ICICI Securities said that December is typically a seasonally strong month for air
Former President of Reliance Industries, Captain Raghu Raman, shared his unfiltered thoughts on Mukesh Ambani’s vision and leadership skills. In a post shared by RPG Group Chairperson Harsh Goenka on X (formerly Twitter), Raman said, “The one leader whose vision and thinking truly dwarf me is Mukesh Ambani.” In the clip, Raman shared an insight
Infosys, the Bengaluru-based IT giant, has officially started implementing salary hikes for its employees from February 24, as per a report by Moneycontrol. The increments range between 5 per cent to 8 per cent, with exceptional performers receiving hikes of 10-12 per cent. The salary hikes apply to employees in band JL6 and below, with
The fiscal third quarter was yet another subdued one for the consumer staples segment with indication of it already there from post Q2 commentaries highlighting urban slowdown/weak festive demand/delayed winter. According to JM Financial, volume trajectory is expected to remain subdued in the fourth quarter as well. “Our analysis suggests that Q4FY25 consensus expectations for
The budget carrier SpiceJet on Tuesday (February 25) announced their results for the quarter ending December 31, 2024 (Q3FY25), the company announced through an exchange filing. SpiceJet has reported a profit after tax (PAT) of Rs 26 crore in Q3FY25, marking a turnaround from a loss of Rs 300 crore in the same period last
Hyderabad-based CtrlS Datacenters on Tuesday inaugurated a Rs 4,000-crore data centre park in Chennai, and said it is considering an initial public offering (IPO) to fund its capex and expansion plans. “The AI-driven opportunity is significantly expanding, requiring billions more in capex,” chairman Sridhar Pinnapureddy said. “We are contemplating and the Board has been discussing
Fixed deposits (FDs) have been a go-to investment choice in India for quite some time, particularly among senior citizens who prioritize financial stability and a consistent income. To meet the needs of this age group, Senior Citizen FDs provide better interest rates along with a range of other benefits. Before you jump into these investment
The combined market capitalisation of five of the top-10 most valued firms declined by Rs 93,357.52 crore, with IT giants Infosys and Tata Consultancy Services taking the biggest hit, in line with a weak trend in domestic equities. Last week, the BSE Sensex benchmark declined 503.67 points or 0.68 per cent, and the NSE Nifty
The US Fed interest rate decision, global trends, tariff-related developments and trading activity of foreign investors will drive the equity market movement this week, analysts said. Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on Monday. “Persistent uncertainties surrounding global trade and the fear of a US recession may continue
In September 2024, I wrote a piece, ‘Flexi Cap Funds v/s Multi Cap Funds: Which Is Better at a Market High?’. The valuations of the Indian equity market then were exceptionally high: the BSE SmallCap P/E and BSE MidCap P/E were at around 36x and 34x, respectively, while the BSE LargeCap Index was nearly 26x.
Indian banking has witnessed various challenges over the last few years, from mounting non-performing assets (NPAs) to regulatory action and issues of corporate governance. Banks are generally considered pillars of country’s financial stability, and thus any disruptions within prominent banks could have extensive ramifications. Institutional investors, regulators, and analysts are keenly watching such events because
