Founder and fund manager Samir Arora of Helios Capital said that he does not see any material impact of the H1-B Visa Executive Order of US President Donald Trump on Indian IT companies, estimating the hit could be 5% or less. However, he advised domestic technology companies to clearly communicate how they respond to the […]
Indian IT investors were lagging behind after US President Donald Trump signed a proclamation that greatly increased the costs for the H-1B visa program, long considered the backbone of India’s software export. Markets will see how far this shock translates into fresh sales in IT counselors who are already under pressure. Trump announced that new […]
Infosys has announced an RS 18,000 Crore share purchasing, a movement that has created a debate on whether the company resorts to low-hanging fruit instead of creating the long-term value with meaningful investments in newer technologies such as AI. Although some claim that a return is the best way to return surplus money to investors, […]
The Indian market ended higher on Tuesday, because the announcement of Infosys of a potential share purchasing led a rally in IT shares. Consumer-discretionary shares also expressed in the midst of optimism on a broad reduction of goods and service tax, while investor sentiment was further supported later this month by growing expectations of a […]
Infosys, one of the leading Information Technology players, witnessed renewed investors’ interests and rose no less than 5% Intraday after announcement that it will consider a share purchasing on Thursday 11 September. But what does this mean for the 26 Lakh shareholders of the company? Firstly, it can be seen whether the company will assume […]
The Indian market ended higher on Thursday after the government had cut off on a series of goods in a revision for goods and services (GST), aimed at stimulating consumption prior to the holidays and the compensatory pressure of steep American rates. The NSE Nifty provided 19.25 points, or 0.08%, to end at 24.734.30, while […]
Investors of shares became poorer with RS 9.69 Lakh Crore in two days of sharp fall in stock markets, where the Benchmark Sensex tumbled 1,555 points. The extra 25 percent rate imposed on India by the US came into effect on Wednesday, so that the total amount of taxes imposed on New Delhi brought to […]
Skills and talent development company Niit LTD On Friday, a decrease of 43.6 percent in consolidated net profit for RS 4.37 Crore in the quarter of April-June due to a headwind of a turbulent environment in the technology and BFSI sectors. It had reported a profit (due to owners of the parent company) of RS […]
Hello, you listen to ET -Markten Radio, I am your host Neha Vashishth.Welcome to a new episode of Et Market Watch, where we bring you the latest news from the world of stock markets every day. Let’s go there. Markets today extended losses as several headwind weighed on investor sentiment. The Sesex fell 572 points […]