Domestic markets faced selling pressure on Wednesday, driven by profit booking at higher levels. In today’s trade, shares of IT companies will be in focus as bellwether TCS will report its first quarter earnings.”We expect the market to consolidate in the higher zone and any dip is a buying opportunity for long-term investors. Corporate earnings …
Bengaluru’s water crisis is taking a toll on residents. Many Resident Welfare Associations (RWAs) have already imposed strict rules against wastage and have asked people to reduce water usage. Mandate work from home: Bengaluru people urge govt amid ongoing water crisis(PTI) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Also Read – How this Bengaluru’s housing community is gearing …
Bengaluru: Wipro Ltd had opposed its former chief financial officer Jatin Dalal’s request for arbitration regarding an alleged non-compete clause violation and sought to have the matter resolved in a city court. However, the court, led by justice K. Doddegowda, ruled that the case should be settled through arbitration, as stipulated in most of the …
Prominent brokerage firm JPMorgan has revised its outlook on the information technology sector, shifting from a previously pessimistic stance to a more balanced ‘neutral’ position. This adjustment is motivated by anticipations of a shift in the stance of the US Federal Reserve towards rate cuts, coupled with a favorable base. In line with these expectations, …
Image Source : FREEPIK Businessman presses button ipo initial public offering on chart phone. The IT sector is going through immense pressure due to spending cuts amid recession fears. This year saw US tech companies laying off people. Even as the downtrend has impacted Indian IT companies as well, the technology sector has shown resilience …