The editor 1514 posts 0 comments

Mindtree’s business is inherently transactional which exposes it to higher revenue volatility were global macro to worsen but that does not seem to be the base assumption for CY20 yet.We reinstate coverage on Mindtree with a ‘buy’ rating…

…

Today the production cost of steel in India is the highest and one of the major factors contributing to this are the taxes, he said.The domestic steel sector is facing challenges in form of high input costs and unavailability of coking…

India Ratings said its downgrade on the bank’s long-term issuer rating to ‘Ind A’ from ‘Ind A+.Continued uncertainties on capital raising resulted in two domestic rating agencies downgrading private sector lender Yes Bankon Thursday.…

The m-cap of Tata Consultancy Services (TCS) surged Rs 56,604.72 crore to stand at Rs 8,33,986.26 crore.Eight of the 10 most valued domestic companies together added a whopping Rs 1.13 lakh crore in market valuation last week, with IT…

…

Apple could also be exploring satellites for more precise location tracking for its devices, enabling improved maps and new features.Apple Inc. has a secret team working on satellite technology that the iPhone maker could use to beam…

The RBI issued the prudential framework for the resolution of stressed assets for large accounts amounting loans of over Rs 2,000 crore through the June 7 circular this year.By Ankur MishraThe Reserve Bank of India (RBI) is not going to…

The foreign brokerage said one should start reducing concentration risk. If the government takes measures to revive growth, the markets would react well in time.With markets getting highly polarised over the last two years, both in terms…

…