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India Inc's third-quarter results were better than predicted; which stocks should buy, hold, or sell now
After two quarters of low to mid-teen growth, net profit growth for the December quarter of companies in the Nifty50 index that have yet to disclose profits rose on the back of easing pressure on profitability. According to Ace Equity data, the overall increase in net profit of enterprises was 18...
NBCC (INDIA) BAGS UTTARAKHAND PMC SERVICES WORK ORDER
HIGHLIGHTS
- NBCC (India) has bagged Uttarakhand PMC services work order.
- NBCC (India) is going to construct new building for National Institute of Technology.
The shares of National Buildings Construction Corporation Ltd (NBCC) (India...
SOUTH KOREA SELECTED K2 CONSULTANCY FOR WIND PROJECT
Highlights:
- K2 Management has been selected by the South Korean government for design and owner’s engineer services at Taean Wind Power’s wind farm.
- The project is aimed to meet the country’s decarbonization target by 2030.
INDIAN-AMERICAN DOCTORS SET-UP FREE CONSULTANCY
HIGHLIGHTS
- Indian-American doctors have set-up free consultancy to help COVID patients in India via Zoom.
- Encouraging home treatment, Dr Avinash Gupta has advised people seeking his advice to not to overburden the Healthcare system and strictly follow...
REPORT ESTIMATES INDIA'S FOOD PROCESSING MARKET TO BE WORTH USD 470 BILLION BY 2025
HIGHLIGHTS
- KPMG report estimates that India's food processing market could be worth US $ 470 billion by 2025.
- Tier-II cities and Tier-III cities are expected to be as big market for processed food as big markets that are metropolitan areas. ...
DELOITTE CONSULTING HAS 14 NEW PARTNERS IN INDIA
HIGHLIGHTS
- Deloitte Consulting has appointed new partners in India.
- Deloitte is planning to double its work force in India.
Deloitte Consulting has appointed 14 new partners in India. The professional services firm wishes for a broad...
NBCC (INDIA) IS THE NEW PMC CONSULTANT FOR FCIL OFFICE BUILDING
HIGHLIGHTS
- NBCC (India) has announced that it is the new PMC consultant for the new FCIL office building.
- The building is supposed to be constructed in Noida.
- The share price of NBCC (INDIA) increased slightly after the official announcemen...
UTO CONSULTANCY OF BANGALORE METRO PHASE-2 AWARDED TO SYSTRA
HIGHLIGHTS
- BMRCL invited bids for Bangalore Metro Phase-2 construction in MAY 2020.
- BMRCL wanted completion in 30 months.
- UTO Consultancy has been awarded to Systra.
- BMRCL plans the phased operations of BMRCL Phase-2 project UTO ...
TECH MAHINDRA, AXIS BANK SIGN AGREEMENTS TO ACQUIRE STAKES IN NEW COMPANIES
HIGHLIGHTS
- Tech Mahindra and Axis Bank have signed agreements with different companies to acquire stakes in them.
- Tech Mahindra will acquire a 70% per cent stake in Perigord.
- Axis Bank will be take an indirect stake in Max Bupa Health Insur...
CHINA’S GASOLINE EXPORTS ROSE IN JAN-FEB 2021 BY 30.1 PERCENT
Highlights –
- China’s gasoline exports rose in Jan-Feb 2021 by 30.1 percent.
- In Jan-Feb gasoline shipments were 3.54 million tonnes.
- In the reporting month, diesel exports fell by 0.9% to 3.44 million tonnes.
- As of Fri...
CHINESE CRYPTO SCAMMERS RAN OPERATION IN TURKEY WITH 101 HOSTAGES AS EMPLOYEES
Highlights:
• The "scammers " were all Chinese engineers and programmers
• The Turkish authorities were alerted by the Chinese consulate
A group of 18 Chinese computer engineers, programmers we...
ANINDYA BASU IS KPMG'S NEW INDIA MANAGING PARTNER
HIGHLIGHTS
- Anindya Basu is the new managing partner of KPMG in India.
- Before KPMG, Basu worked in Accenture.
The Indian branch of Netherlands-based Klynveld Peat Marwick Goerdeler (KPMG) will now be led by Anindya Basu. KPMG offers a...
CONSULTING FIRM ZS TO HIRE 3000 EMPLOYEES ACROSS INDIA
HIGHLIGHTS
- International consultancy ZS has plans to hire more than 3000 professionals across its three offices in India.
- The three offices are in Bengaluru, New Delhi, and Pune.
Headquartered in the United States of America (USA) an...
DEMAND IN RAJYA SABHA TO FRAME RULES REGARDING PREFERENCE TO INDIAN CONSULTANCY FIRMS
HIGHLIGHTS
- Recently, US President Joe Biden urged Federal companies to buy American products and services.
- Demand has been raised in RajyaSabha of India to frame rules regarding giving preference to Indian consultancy firms by Indian government and co...
TCS AND WOCKHARDT AMONG UK'S BIG INDIAN INVESTMENT WINS
HIGHLIGHTS
- TCS and Wockhardt are among the big investment wins in the UK.
- DIT confirmed this news.
- The two ministers also discussed the supply of COVID vaccine from India to UK.
Indian technology giant Tata Consultancy Ser...
TCS VOTED AS TOP DIGITAL TRANSFORMATION ENABLER IN SURVEY
HIGHLIGHTS
- In a Survey of Indian CIOs, TCS has been voted as top digital transformation enabler.
- The survey was organized by CORE Media.
Tata Consultancy Services (TCS) is a leading global information technology (IT) services provide...
ONLINE GAMING EXPECTED TO RISE IN INDIA
HIGHLIGHTS
- According to TMT predictions of Deloitte, the online gaming industry is likely to be twice is current size.
- By 2022, online gaming industry is likely to be a $ 3 billion industry.
According to Deloitte’s latest techn...
GOBEYOND PARTNERS CONSULTANCY UK EXPANDS IN GERMANY
Highlights:
- The company Gobeyond Partners which is a consultancy firm in United Kingdom have expanded its partners into Germany
- The CEO of Gobeyond Partners said that, they have been delivering the work for the DACH clients for a number of years ...
TCS TO RECRUIT 10,000 INDIVIDUALS IN THE U.S. BY 2022
Highlights
• TCS has been among the top two US recruiters of IT services talent, hiring more than 21,500 employees in the past years alone
• TCS has seen a surge in demand for its services and to support this growth, and expects to recruit an additional 10,000 indivi...
PHOENIX GROUP PARTNERS WITH TCS TO INTRODUCE ENHANCED ANALYTICS
HIGHLIGHTS
- Phoenix Group and forged a partnership with TCS.
- The two partners have launched an enhanced client analytics tool to help workplace pension clients.
In a partnership with the global information technology (IT) services lea...