Take One: Big story of the day
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Despacito—the biggest takeaway from TCS's Q1 earnings results
For the patient investor, the Indian IT behemoth has most things going for it, including a straight-talking old hand who's the new CEO
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Low input prices may aid margins in Q1FY24 but weak demand still pinching
Corporate earnings in the quarter are likely to see margins growing due to the cooling off of commodities prices. However, revenue continues to remain under stress
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Will 28 percent GST kill the online gaming industry?
The government's announcement creates a hostile environment and will boost black-market operators at the expense of legitimate players, say industry insiders
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IT services outlook: Strong demand, weak spending story to continue
TCS and HCL Tech will kick off the earnings results season today for the sector's fiscal first quarter
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What went wrong at PharmEasy and can it find a cure?
The online drugs and medical services startup is reportedly raising Rs 2,400 crore in fresh funds at a 90 percent markdown to it previous valuation
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What Aneesh Reddy is getting right about Capillary Technologies' push in the US
The Benglauru-based SaaS company is on the cusp of becoming a more global vendor of sophisticated software products focused on customer loyalty management
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Mark-up and deliver: Why you can't count on online food discounts
With most restaurants jacking up their online menu prices as compared to in-store rates, the discounts on Swiggy and Zomato turn into a farce. The trend is likely to stay as the foodtech duopoly gets deeply entrenched, and consumer activism goes missing
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Maruti Suzuki—the common man's carmaker—might be dead. Long live the new Maruti Suzuki
The Indian market has been moving towards premiumisation. And with the launch of its multipurpose vehicle Invicto, the company, keeping with the times, has added a new dimension to Nexa's portfolio—and to Maruti Suzuki as a brand
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Unsecured loans surge but no default risks, yet
The demand for unsecured loans continues to rise and has come to the attention of the RBI, again. The credit uptick signals buoyancy in the ecosystem on improved consumption and spending but the risk of high defaults is not being seen, experts say
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Why the slowdown is good for India's SaaS companies
It is pushing them to sharpen their focus on cash flows, and perfecting their build-in-India-sell-in-the-US playbook
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How Kolkata's Senco Gold struck gold
The jewellery retailer is in the midst of raising Rs405 crore from the bourses and its IPO has been fully subscribed on Day 2 of the bidding process. It plans to use the proceeds to ramp up its store count and for working capital requirements