Besta Shankar

Articles by Besta Shankar

Email : editor@ibtimes.co.in

IT shares plunge after Cognizant lowers guidance for March quarter

The sell-off in IT stocks is also partly due to weakness in the benchmark indices.

Feb 9, 2016

Cognizant Q4 profit up 17%, revenue guidance for March quarter lowered

Cognizant estimated its revenues to grow in the range of $13.65 billion to $14.20 billion in 2016.

Feb 9, 2016

Govt set to miss FY16 disinvestment target due to weak market conditions

The government may increase duties and ask for higher dividends from PSUs while try to meet the shortfall in disinvestment.

Feb 8, 2016

Iran asks Indian refiners to pay $6 billion dues in euros: Report

A PTI report said Iran will open or reactivate its accounts with Indian banks for the purpose.

Feb 8, 2016

Infosys using new system iCount to assess employee performance

Infosys employees will get feedback on their performance throughout the year under the new tool.

Feb 8, 2016

Private telcos may get revenue boost of Rs 1.5 lakh crore from BharatNet by 2020

However, the operators are wary of major challenges over the right of way (RoW) to instal cables.

Feb 8, 2016

Cognizant plans to set up SEZ in Telangana

The proposed IT/ITeS special economic zone, which will be spread over 2.51 hectares, will come up in Ranga Reddy district of Telangana.

Feb 8, 2016

Gold prices soar to 9-month high on strong buying

Gold prices have gained more than 10 percent since the beginning of the year.

Feb 6, 2016

Inflow into equity MFs touched 20-month low in January

The negative sentiment that prevailed in January had hit retail investors hard.

Feb 6, 2016

Govt to create $1.25 billion fund to finance renewable energy projects

A Mint report said the fund will assist in ramping up clean energy generation to 175GW by 2022.

Feb 6, 2016

Budget 2016 to make provisions for OROP, pay panel recommendations: Arun Jaitley

The finance minister expressed confidence that the government would be able to meet the fiscal deficit target in the current financial year.

Feb 6, 2016

Indian Railways' income to grow by 50% over 5 years, says Suresh Prabhu

Prabhu said India's growth prospects "makes it all the more compelling to invest in railway."

Feb 6, 2016

Adani Power likely to set up $2.2 billion plant in Jharkhand: Report

Adani Power plans to double its power generation capacity in India to 20,000 MW by the end of this decade.

Feb 5, 2016

India's e-commerce to generate 2.5 lakh jobs in 2016: Assocham

Mobile-commerce, or m-commerce, is expected to grow rapidly in the country as businesses look to gain more market share.

Feb 5, 2016

Market rout compels 6 firms to delay IPOs

The Financial Express reported that some firms might even contemplate trimming their issue size.

Feb 5, 2016

FDI inflows surged 114% in December 2015

Economists attribute the spike in FDI inflows to several initiatives taken by the BJP-led government.

Feb 5, 2016

Companies may get tax sops for job creation

A senior government official told the Economic Times that companies will have to increase headcount by 2 percent to avail the benefit.

Feb 5, 2016

Aviation stocks crash on rebound in crude oil prices

Fuel costs account for around 40%-50% of the operating costs of aviation companies.

Feb 4, 2016

RBS abandons sale of its India banking operations

The bank may now opt for selling individual parts of the business as it gradually shuts down its local operations.

Feb 4, 2016

Nasscom cuts software services growth estimate for next fiscal

Growth concerns in the US and high volatility in Chinese markets are likely to pose significant risks for the IT industry going forward.

Feb 4, 2016

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Articles by Besta Shankar

IT shares plunge after Cognizant lowers guidance for March quarter

Cognizant Q4 profit up 17%, revenue guidance for March quarter lowered

Govt set to miss FY16 disinvestment target due to weak market conditions

Iran asks Indian refiners to pay $6 billion dues in euros: Report

Infosys using new system iCount to assess employee performance

Private telcos may get revenue boost of Rs 1.5 lakh crore from BharatNet by 2020

Cognizant plans to set up SEZ in Telangana

Gold prices soar to 9-month high on strong buying

Inflow into equity MFs touched 20-month low in January

Govt to create $1.25 billion fund to finance renewable energy projects

Budget 2016 to make provisions for OROP, pay panel recommendations: Arun Jaitley

Indian Railways' income to grow by 50% over 5 years, says Suresh Prabhu

Adani Power likely to set up $2.2 billion plant in Jharkhand: Report

India's e-commerce to generate 2.5 lakh jobs in 2016: Assocham

Market rout compels 6 firms to delay IPOs

FDI inflows surged 114% in December 2015

Companies may get tax sops for job creation

Aviation stocks crash on rebound in crude oil prices

RBS abandons sale of its India banking operations

Nasscom cuts software services growth estimate for next fiscal

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'