While foreign investors like Japan's Softbank, China's Alibaba, and the US' Sequoia are big players in the start-up space, India doesn't have a serious VC sector with risk appetite, writes T N Ninan
The company has posted a consolidated net loss of Rs 112 crore in the year-ago quarter
IT and auto lead the spurt in hiring so far; most of the jobs for junior or entry levels
Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes market cap of partly-paid up shares)
The index is reconstituted semi-annually, considering six months data ending January and July
A potential deal could offer a reprieve to Archean, which has been struggling to service its debt obligations for the past two years
Tata Elxsi on Tuesday said its net profit has increased 39.5 per cent to Rs 105.2 crore for the December 2020 quarter. The company had registered a net profit of Rs 75.4 crore in the year-ago period, Tata Elxsi said in a regulatory filing. Its revenue from operations rose 12.7 per cent to Rs 477.1 crore for the said quarter from Rs 423.4 crore in the corresponding period last fiscal, it added. In a statement, Tata Elxsi CEO and Managing Director Manoj Raghavan said the company saw all-round growth across industries and geographies. "We continue to execute strongly on both top line and bottom line, with double-digit quarter-on-quarter revenue growth and industry-leading operating margins. Our Healthcare business continues to accelerate, while Media and Communications reported another strong quarter of sustained growth," he said. Raghavan added that the company has seen new customer additions and large deals in both the industries in the quarter. "We are seeing a sustained recovery
According to the publically available data on Reuters, analysts have a consensus BUY rating on the stock
Tata Power has taken over the management and operations of Western Electricity Supply Company of Odisha (WESCO) and SOUTHCO Utility upon completion of sale process
Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis
The tribunal's corrigendum comes after it made strong remarks against Mistry while restoring the tax exemption of the three major Tata Trusts
Malaysian parent planning to quit the joint venture fully
Former Tata Sons chairman censured for accessing and supplying records to I-T
Ratan Tata was conferred the title of "Global Visionary of Sustainable Business and Peace" by the Federation of Indo-Israel Chambers of Commerce for epitomising "unity, peace and sustainability"
In a Q&A, Sunil D'Souza, who took over as MD & CEO of the company in April, dwells on his company's e-commerce strategy and other plans
Healthy demand for wedding jewellery, market share gains boosts share price to all-time high
Over the past three decades, the group made unsuccessful attempts to get back into the commercial aviation business
Mistry counsel Sundaram claims Ratan Tata was able to achieve this through the Tata Trusts-nominated directors on Tata Sons board
From Tatas likely to go solo for Air India EoI to Bharti Infratel getting nod to change its name to Indus Towers, here are top headlines this morning
If Air India comes into its fold, the combined market share of Tatas in India's domestic aviation market will be around 23 per cent - 10 per cent higher than SpiceJet.