The IT major's profit declines 4.5 percent sequentially hit by wage hikes, rupee appreciation and higher visa costs during the June quarter
The IT major retains revenue guidance at 7-9 % for FY15; Attrition peaks to over 19% during the June quarter
Government's initiatives will trigger investment cycle and give a new lease of life to such firms
New projects worth thousands of crores, based on PPP model, announced by finance minister Arun Jaitley
Jaitley emphasises on need to make capital available for start-ups; announces special corpus for entrepreneurs from scheduled castes
Demand of easing guidelines to allow FDI fulfilled; Budget proposes increase in housing loan rebate from Rs 1.5 lakh to Rs 2 lakh
TCS and HCL likely to lead the pack once figures for the April-June quarter are revealed later this month
Analysts pointed out that Sikka's appointment at the country's second-largest IT-services exporter will provide the much needed push for its 3.0 strategy, which set out to secure a third of its revenue from products, platforms and solutions (PPS) business
Dr. Vishal Sikka will take over as CEO & MD from S. D. Shibulal on August 1, 2014
Australia and New Zealand Banking Group is going to open two new branches in India
Investing in corporations is not a neutral activity. It impacts people's lives