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Beyond billable hours: Intellectual property as the new currency for IT services

New Delhi, Feb. 25 -- For decades, the IT services industry has relied on the billable-hours model, which worked well when scale was measured in headcount, when costs could be optimized through global... Read More


Economic momentum picks up in December quarter on strong domestic demand: UBS report

New Delhi, Feb. 25 -- Economic momentum in India picked up sequentially during the December quarter, supported by festive season demand and the impact of GST rate cuts. According to the UBS India Comp... Read More


Sensex settles 50 pts higher

Mumbai, Feb. 25 -- Benchmark equity indices Sensex and Nifty pared early sharp gains to close marginally higher in a volatile session on Wednesday as the US imposing 126 per cent import duties on Indi... Read More


Clean Max Enviro Energy Solutions subscribed 94%

Mumbai, Feb. 25 -- The initial public offer (IPO) of Clean Max Enviro Energy Solutions 2,05,69,556 received bids for 75,07,654 shares as against 2,18,23,329 shares on offer, according to stock exchang... Read More


New I-T forms provide for tenant-landlord relationship disclosure

New Delhi, Feb. 25 -- The government has come out with draft income tax forms that seek disclosure of tenant-landlord relationship for claiming I-T deductions and increased responsibility of auditors ... Read More


Indias Su-30MKI upgrade and the Su-57 temptation: Strategic autonomy at a crossroads

Bangladesh, Feb. 25 -- Indias reported push to upgrade its fleet of Sukhoi Su-30MKI aircraft-while advancing talks with Moscow over the fifth-generation Sukhoi Su-57-marks more than a routine moderniz... Read More


Stock recommendations for 25 February from MarketSmith India

Stock market recap, Feb. 25 -- The Indian equity benchmarks faced significant selling pressure on Tuesday, with Nifty 50 plunging 288.35 points (1.12%) to settle at 25,424.65, and BSE Sensex plummetin... Read More


Suzlon Energy rejigs top deck with an eye on growth, diversification

Mumbai, Feb. 25 -- Suzlon Energy Ltd on Tuesday announced a leadership rejig with an eye on expansion, as long-time chief executive J.P. Chalasani moved on to oversee the group's newer projects and a ... Read More


India's instant loan boom spawns a new breed of micro-settlement platforms

New Delhi, Feb. 25 -- Kundan Shahi first built LegalPay, a startup that finances litigation, in late 2019, before stumbling upon a different kind of distress: consumer debt. As unsecured personal loan... Read More


Shree Ram Twistex IPO subscribed 43.66 times

Mumbai, Feb. 25 -- The initial public offer (IPO) of Shree Ram Twistex received bids for 46,28,41,632 shares as against 1,06,00,000 shares on offer, according to stock exchange data at 17:00 IST on We... Read More