The Indian information technology (IT) sector is expected to register improved second half of the current financial year, supported by AI-led projects, better client engagement, and an uptick in discretionary spending, according to a report by Centrum Research.
The air quality in Delhi improved slightly on Monday morning but stayed in the 'very poor' category, with the Air Quality Index (AQI) at 345 as of 8 am, down from 391 recorded the previous day.
The profitability of banks is expected to improve in the coming quarters, driven by improved advances growth and lower interest expenses, according to a report by Systematix Research.
Addressing an election rally in Bihar's Araria, CM Yogi emphasised the impact of the double-engine government led by the BJP, asserting that the state has witnessed peace and development during the last eight and a half years.
Mumbai (Maharashtra) [India], November 7: The October edition of the Shriram Mobility Bulletin reflects a strong rebound in India's mobility ecosystem driven by festive consumption, rural freight activity, and accelerating electric vehicle adoption. Vehicle sales witnessed sharp month-on-mon
Chief Economic Advisor (CEA), V Anantha Nageswaran, on Friday said that India's economic growth is expected to be "north of six and a half," adding that he is "more comfortable saying, even north of 6.8 per cent."
According to the company, revenue from the distribution of financial services surged 63% YoY to Rs 611 crore, supported by growth in merchant loans and improved collections. During the quarter, around 6.5 lakh consumers and merchants availed Paytm's financial services.
The Gurugram-headquartered fintech has recorded an EBITDA gain of Rs 24.8 crore, an 80 per cent increase from the previous quarter, reducing EBITDA to Rs 6.4 crore.
Mumbai (Maharashtra) [India], November 4: Infomerics Valuation and Ratings Pvt. Ltd. has revised the outlook of Globe Civil Projects Limited's long-term bank facilities from Stable to Positive while reaffirming the rating at IVR BBB. The short-term rating of IVR A3+ has also been reaffirmed
Fitch Ratings has revised the outlook on Adani Ports and Special Economic Zone Limited (APSEZ), Adani Energy Solutions Limited (AESL), and its subsidiary Adani Electricity Mumbai Limited (AEML) to "Stable" from "Negative", while affirming all ratings at 'BBB-', signalling improved credit con
Two-wheeler sales are set to outpace passenger vehicles for the remainder of the year, driven by strong festive demand, improved rural sentiment, and selective discounts.