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The company continues to invest in its work force and the consolidated attrition rate reduced 19.6% in Q3 from 21.7% in the previous quarter.IT major Infosyson Friday posted a 2.04% sequential increase in revenue to Rs 23,092 crore for…

Incorporated in 1978, CIFCL offers vehicle finance, business and home loans.Cholamandalam Investment and Finance Company (CIFCL), the financial services arm of the Chennai-headquartered Murugappa group, has raised Rs 4 billion (Rs 400…

In March last year, the board had approved monetising awards and claims through an SPV controlled by investors, led by global investment firm BlackRock.Lenders to infrastructure major Hindustan Construction Company(HCC) will carve out…

Premium valuations to sustain on decent volume and earnings growth visibility.Despite near-term macro challenges, we expect Astral Poly Technik(ASTRA) to continue to trade at premium valuations backed by its increasing visibility of…

Pralhad Joshi, union coal ministerWith the recent Cabinet decision to remove end-use restrictions in coal blocks to be put up for auctions, dozens of coal mines with abundant reserves of the fuel could be up for grabs soon. The step is…

There are few players in the financial services market, due to which the competition is limited.While ‘Digital India’ has been a flagship campaign of the Modi government, digital divide caused by poor connectivity is still one of the…

Benign input costs should drive 30% PBT growth for PIDI, followed by BRGR, KNPL and APNT (10%). We turn positive on KNPL (upgrade to ‘add’), as it is well placed to benefit from the expected up-cycle in the auto industry over the next…

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This still meant that Mistry was to be reinstated as a director on the boards of TCS, Tata Sons, Tata Teleservices and Tata Industries, with immediate effect.The Supreme Court on Friday stayed in entirety the December 18, 2019 order of…

To a question if rising tensions between the United States and Iran and its impact on the jewellery industryThe total business volume of gems and jewellery industry has posted a 30 per cent decline in terms of demand over the last six…