TCS Unveils Salary Hikes Effective April: High Performers Set for Double-Digit Increments; Check Out the Average Range
In FY24, Tata Consultancy Services (TCS), India's foremost IT firm, experienced a decline in hiring activities. The company's workforce saw a reduction of 1,759 employees, coupled with a 12.5% attrition rate.
Adani Starts USD 1.2 Billion Copper Plant; To Boost India’s Metal Production
The first phase of the facility that will produce 0.5 million tonnes a year of refined copper has started operations and full-scale 1 million tonnes capacity is expected by FY29 (March 2029).
IndiGo To Fly More International Routes, Destinations; Aims Doubling Size By 2030
The country's largest airline with a domestic market share of little over 60 per cent is also betting big on A321 XLR aircraft that are expected to be part of its fleet "somewhere in 2025", to further expand its overseas presence.
Pakistan To Issue ‘Panda Bonds’ Worth $300 Million To Tap Chinese Market
Pakistan minister said that China is the second largest bond market in the world and Chinese investors can take advantage of Panda bonds.
China’s Economy Shows Signs Of Improvement, But Its Property Sector Is Still In The Doldrums
The real estate sector remained sluggish, with investment in real estate falling 9% in January-February compared to the same period a year earlier.
Real Estate Sector May Touch Market Size Of $1.3 Trillion By 2034: Report
The current market size of Indian real estate is Rs 24 lakh crore (around USD 300 billion), split between residential and commercial segments in the ratio of 80 per cent and 20 per cent, respectively.
Q3 GDP Numbers Absolutely Mystifying, Difficult To Comprehend, Says Former CEA Arvind Subramanian
India's economy grew by better-than-expected 8.4 per cent in the final three months of 2023 - the fastest pace in one-and-half years.
Stock Market Today: Asian Shares Are Mixed As China Unveils 5 Percent Economic Growth Target For 2024
Beijing would issue 1 trillion yuan (USD 139 billion) in long-term bonds to help bridge funding gaps, provide support to financially strapped local governments and invest in both advanced technology and in social support and education.
Byju’s Unable To Pay Salaries As Rights Issue Funds Locked In Separate Account Amid Rift With Investors
The edtech company will not be able to pay salaries to employees as the recent funds raised through a rights issue are inaccessible due to a legal dispute with investors.
Sensex, Nifty End Special Live Trading Session At Record Closing High Levels
The special live trading session had an intra-day switch over from Primary Site (PR) to Disaster Recovery (DR) site.
