IT firms’ deal pipeline remain strong despite tough macros 

[ad_1] Even as macroeconomic headwinds continue to hamper the demand environment, deal pipelines for the Indian IT companies continued to strengthen in the fourth quarter. Companies are banking on the deal wins to drive growth next year, while analysts opine...

O2C resurgence, digital growth, lower debt positives for RIL stock

[ad_1] The better-than-expected performance in the oils-to-chemicals business in the March quarter, robust digital revenues and the reduction in debt has infused more steam in the Reliance Industries stock which continues on the ‘buy,’ ‘add’ and ‘overweight’ list of many...

Air India bids adieu to 747 boeing

[ad_1] Once termed as the queen of the skies, the first of the last four of Air India’s Boeing 747 flew out of Mumbai’s international airport on Monday for the final time. The pilots flying the aircraft performed a “Wing...

Ecozen raises $30 million via debt and equity

[ad_1] Ecozen, a company that develops climate-smart technology solutions, has raised $30 million in a mix of debt and equity. Also read:Ahead of elections, FPIs pull out ₹325 crore from Indian equities in April first weekA media statement said this...

Manorama Industries initiates commissioning process for new fractionation plant

[ad_1] Manorama Industries Limited’s shares were up by 5.39 per cent after the company commenced the commissioning of its new fractionation plant in Raipur. The company informed, the plant has an annual capacity of 25,000 tonnes, is expected to enhance...

TCS Q4 FY24 results: Experts expect revenue growth to be in low single digits

[ad_1] Despite weakness in key international markets, IT major TCS is expected to report modest improvement in numbers in the March quarter of FY24, led by ramp up in large deal wins including the BSNL deal. Also read:Q4 earnings: TCS, Infosys,...

Pre-IPO investment sees 3x surge in FY24  

[ad_1] Companies that made their debut on the bourses in the last financial year raised over ₹1,300 crore by way of pre-IPO placements. Also read:Unrealistic valuations could hit IPO prospects of internet companiesThis is three times the amount collected through...

Broker’s call: Latent View Analytics (Buy)

[ad_1] Target: ₹630CMP: ₹ 534.55Latent View Analytics’ Decision Point acquisition strengthens its Retail CPG presence.Decision Point’s FY24 revenue is $12.8 million, growing at 50-60 per cent CAGR. The company grew 19 per cent in FY24, with 30 per cent EBITDA...

Genesys International receives order for ₹35 crore, stock surges

[ad_1] Genesys International Ltd has secured an order worth ₹35 crore in Pune. As per the stock exchange filing, a 3D digital twin of Genesys will be integrated with a command and control centre, incorporating various IoT sensors. Also read:Genesys...

Grasim Industries secures ₹1,250 crore investment from International Finance Corporation

[ad_1] Grasim Industries Ltd, a part of the Aditya Birla Group, has secured an investment of ₹1,250 crore from International Finance Corporation (IFC), the private sector arm of the World Bank Group, by way of subscription to non-convertible debentures (NCDs).Also...
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