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Indian IT industry to see 30-35 pc high demand for niche tech roles in 2025 The Indian IT industry is projected to see 30-35 per cent increased demand for highly-specialised tech roles in 2025, along with increased spending on upskilling in the coming years, according to a new report.  Campus hiring remains the core focus for larger companies that are looking to hire aggressively for the second half of the fiscal year for the year 2024-25, said the report by NLB Services, a global technology and digital talent solutions provider. IT fresher hiring in 2025 ...
Indian IT industry to see 30-35 pc high demand for niche tech roles in 2025
Indian IT industry to see 30-35 pc high demand for niche tech roles in 2025
Source: IANS
2024-12-10 10:21:59 am
BFSI, flex spaces key demand drivers for office spaces in India The banking, financial services and insurance (BFSI) and Flex Spaces emerged as key demand drivers for office spaces in India in the July-September period, accounting for 39 per cent of the pan-India absorption and an increase of 20 per cent from the previous quarter, according to a report on Tuesday.  Conversely, the share of IT-ITeS sector declined from 38 per cent in Q2 2024 to 23 per cent in Q3. This demand shift may alter the demand-supply dynamics across the country, according t...
BFSI, flex spaces key demand drivers for office spaces in India
BFSI, flex spaces key demand drivers for office spaces in India
Source: IANS
2024-11-19 01:56:48 pm
Time for India to allow 100% FDI in insurance, regulator`s head says It is time for India to allow 100% foreign direct investment (FDI) in insurance, the head of the country's insurance regulator said at the Business Standard newspaper's BFSI summit on Friday. To stick to India's target of "insurance for all by 2047, we need a lot of capital...we need a lot of new entities to come in, there may be some consolidation happening," Debasish Panda, chairperson of the Insurance Regulatory and Development Authority of India (IRDAI) ...
Time for India to allow 100% FDI in insurance, regulator`s head says
Time for India to allow 100% FDI in insurance, regulator`s head says
Source: Reuters
2024-11-08 12:58:58 pm
ICT`s contribution to output growth surged to 13.2 pc during 1992-2023: RBI paper The contribution of information and communication technology (ICT) to output growth in India increased from 5.0 per cent in 1981-1990 to 13.2 per cent during 1992-2023, according to a recent RBI paper.  On average, the ICT sector’s productivity fared better than the non-ICT sector for the whole sample period, the paper noted. Following the global trend, India is also experiencing rapid digitalisation, and the impact of digital goods and services on India’s economic grow...
ICT`s contribution to output growth surged to 13.2 pc during 1992-2023: RBI paper
ICT`s contribution to output growth surged to 13.2 pc during 1992-2023: RBI paper
Source: IANS
2024-11-03 11:35:52 am
GCCs to account for 40 pc of Grade A office space demand in India Global capability centres (GCCs) are likely to account for almost 40 per cent of the demand for Grade A office space in the next few years in India, a report showed on Thursday.  The overall office market has gradually matured from a “Supply-led” market to a more “Occupier-driven” market and is likely at a turning point to see heighted growth and scaling up over the next few years, according to Colliers–RICS report. Engineering and manufacturing and BF...
GCCs to account for 40 pc of Grade A office space demand in India
GCCs to account for 40 pc of Grade A office space demand in India
Source: IANS
2024-09-12 02:33:20 pm
Tata AIG General Insurance and Manipal Academy of BFSI Launch Job-Assured Program for Future Talent Manipal Academy of BFSI, a prominent institution in skill development for the Banking, Financial Services, and Insurance (BFSI) sector, has announced a strategic partnership with Tata AIG General Insurance, a leading general insurance company in India to introduce the “Young Achievers Program”.  This initiative aims to cultivate and nurture emerging talent by offering a comprehensive 5 months certification program – “Post Graduate Certification in General Insuranc...
Tata AIG General Insurance and Manipal Academy of BFSI Launch Job-Assured Program for Future Talent
Tata AIG General Insurance and Manipal Academy of BFSI Launch Job-Assured Program for Future Talent
Source: PR Agency
2024-09-05 05:01:01 pm
We Win touches roof on bagging work order worth Rs 10.81 crore We Win is currently trading at its upper circuit limit of Rs. 74.66, up by 3.55 points or 4.99% from its previous closing of Rs. 71.11 on the BSE. The scrip opened at Rs. 74.66 and has touched a high and low of Rs. 74.66 and Rs. 72.00 respectively. So far 1734 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 114.40 on 09-Apr-2024 and a 52 week low of Rs. 56.70 on 10-Oct-2023. Last one week high and low of the sc...
We Win touches roof on bagging work order worth Rs 10.81 crore
We Win touches roof on bagging work order worth Rs 10.81 crore
Source: Accord Fintech
2024-08-01 11:10:20 am
AI & robotics firms dominate office space absorption in Bengaluru in Q2 Rapid global advancement in artificial intelligence has spurred demand for office space, and AI and robotics companies accounted for 21 per cent of the city's absorption in the April-June quarter, a report said on Tuesday.  Overall, the IT-ITeS sector, including AI and robotics, accounted for 69 per cent of the city's absorption in the second quarter (Q2) this year, according to the report by Vestian, an occupier-focused workplace solutions firm. Bengaluru contributed the h...
AI & robotics firms dominate office space absorption in Bengaluru in Q2
AI & robotics firms dominate office space absorption in Bengaluru in Q2
Source: IANS
2024-07-30 12:24:21 pm
Wipro's net profit up 4.6 pc to Rs 3,003 crore, adds 337 employees in Q1 FY25 IT major Wipro reported a 4.6 per cent rise in net profit at Rs 3,003 crore for the first quarter of the current fiscal (FY25), as revenue dropped 3.8 per cent to Rs 21,964 crore.   The company added 337 employees during the quarter, reversing the trend of declining headcount after six quarters. With this, the company now has 2,34,391 employees. Wipro's attrition rate declined marginally to 14.1 per cent. "We recorded another quarter of total large deal bookings over $1 bi...
Wipro's net profit up 4.6 pc to Rs 3,003 crore, adds 337 employees in Q1 FY25
Wipro's net profit up 4.6 pc to Rs 3,003 crore, adds 337 employees in Q1 FY25
Source: IANS
2024-07-20 09:30:55 am
India sees 33 pc surge in diversity hiring, BFSI & IT sectors lead The country saw a 33 per cent surge in diversity hiring in June (year-on-year growth), with the banking, financial services and insurance (BFSI) and IT-software services industries leading the way, a report showed on Tuesday.  Delhi, Mumbai and Bengaluru led as hiring hubs, showcasing positive diversity hiring trends. Overall hiring activity witnessed a 12 per cent yearly increase (June 2024 vs June 2023) and a 2 per cent monthly rise, according to the report by talent platform fou...
India sees 33 pc surge in diversity hiring, BFSI & IT sectors lead
India sees 33 pc surge in diversity hiring, BFSI & IT sectors lead
Source: IANS
2024-07-09 10:08:24 am
CII, Nasscom join hands to digitally skill 1 lakh non-IT professionals in 2 years The Confederation of Indian Industry (CII) and Nassom on Monday joined hands to provide digital skills to youth in sectors other than IT, with an aim to reskill and upskill 1 lakh youth in the coming two years.  Seven target sectors have been identified to begin with, including banking, financial services and insurance (BFSI), manufacturing, logistics, healthcare, green jobs, hospitality and live sciences, the top industry chambers said in a statement. “Our partnership will e...
CII, Nasscom join hands to digitally skill 1 lakh non-IT professionals in 2 years
CII, Nasscom join hands to digitally skill 1 lakh non-IT professionals in 2 years
Source: IANS
2024-07-01 04:05:03 pm
Persistent Systems rises on entering into strategic partnership agreement with Google Cloud Persistent Systems is currently trading at Rs. 3746.85, up by 5.30 points or 0.14% from its previous closing of Rs. 3741.55 on the BSE. The scrip opened at Rs. 3799.55 and has touched a high and low of Rs. 3799.55 and Rs. 3728.65 respectively. So far 9149 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 4489.93 on 19-Feb-2024 and a 52 week low of Rs. 2318.83 on 03-Aug-2023. Last one week high and low of the scrip...
Persistent Systems rises on entering into strategic partnership agreement with Google Cloud
Persistent Systems rises on entering into strategic partnership agreement with Google Cloud
Source: Accord Fintech
2024-06-11 03:29:48 pm
Happiest Minds Technologies trades marginally higher on completing acquisition of PureSoftware Technologies Happiest Minds Technologies is currently trading at Rs. 803.30, up by 0.35 points or 0.04% from its previous closing of Rs. 802.95 on the BSE. The scrip opened at Rs. 802.05 and has touched a high and low of Rs. 808.00 and Rs. 801.75 respectively. So far 8103 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1022.30 on 22-Jun-2023 and a 52 week low of Rs. 738.05 on 28-Mar-2024. Last one week high and low of the sc...
Happiest Minds Technologies trades marginally higher on completing acquisition of PureSoftware Technologies
Happiest Minds Technologies trades marginally higher on completing acquisition of PureSoftware Technologies
Source: Accord Fintech
2024-05-29 10:44:16 am
Talent growth, investments to help India`s AI market reach $5.1 billion by 2027 Fueled by talent growth and continued investment, the Artificial intelligence (AI) market in India is forecast to grow at 31.5 per cent CAGR (compound annual growth rate) to reach $5.1 billion by 2027, a new report showed on Tuesday. The AI software sector will be the primary driver of overall growth, reaching $2.6 billion by 2027, according to the report unveiled at 'Intel-AI For India' event. The AI infrastructure spending is projected to reach $733 million in the same period....
Talent growth, investments to help India`s AI market reach $5.1 billion by 2027
Talent growth, investments to help India`s AI market reach $5.1 billion by 2027
Source: IANS
2024-05-14 04:41:12 pm
Happiest Minds' net profit up 25 pc in Q4, on track to $1 billion revenue by FY31  IT company Happiest Minds Technologies on Tuesday reported 25 per cent increase in net profit at Rs 72 crore for Q4, as revenue went up 10 per cent to Rs 417 crore. Ashok Soota, Executive Chairman of Happiest Minds, said that the company is on course towards accomplishing $1 billion in revenues by FY31. For the full fiscal year (FY24), the net profit increased 7.5 per cent to Rs 248.39 crore as sales grew 13.7 per cent to Rs 1,624 crore. The board has recommended a final divide...
Happiest Minds' net profit up 25 pc in Q4, on track to $1 billion revenue by FY31
Happiest Minds' net profit up 25 pc in Q4, on track to $1 billion revenue by FY31
Source: IANS
2024-05-07 12:27:27 pm
Indian IT services sector staring at second consecutive year of muted revenue growth: Crisil Ratings Crisil Ratings has said that the Indian IT services sector is staring at a second consecutive year of muted revenue growth due to modest increase in tech spends in Europe and the US. It expects the sector to grow at 5-7 per cent in FY25, after a growth of 6 per cent estimated to have been achieved in FY24. The overall industry size is pegged at $250 billion and it creates over 50 lakh direct jobs. The industry is, however, expected to sustain in the key metric of profitability, as the oper...
Indian IT services sector staring at second consecutive year of muted revenue growth: Crisil Ratings
Indian IT services sector staring at second consecutive year of muted revenue growth: Crisil Ratings
Source: Accord Fintech
2024-04-25 10:24:16 am
Indian IT services sector to see 2nd-consecutive year of muted revenue growth The IT services sector in India is likely to see a second-successive year of muted revenue growth, at 5-7 per cent in FY25, amid continuing global macroeconomic headwinds, a report showed on Wednesday. This follows a 12 per cent compound annual growth over the decade through fiscal 2024 and 6 per cent (year-on-year) growth expected for fiscal 2024, according to a Crisil Ratings report. As revenue growth remained subdued, IT service companies pulled back on addition of fresh talent, resu...
Indian IT services sector to see 2nd-consecutive year of muted revenue growth
Indian IT services sector to see 2nd-consecutive year of muted revenue growth
Source: IANS
2024-04-24 02:29:26 pm
CAMS shines on getting authorisation to operate as online payment aggregator Computer Age Management Services is currently trading at Rs. 3181.90, up by 129.40 points or 4.24% from its previous closing of Rs. 3052.50 on the BSE. The scrip opened at Rs. 3137.85 and has touched a high and low of Rs. 3220.00 and Rs. 3129.55 respectively. So far 48061 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3240.00 on 28-Feb-2024 and a 52 week low of Rs. 2007.50 on 25-Apr-2023. Last one week high an...
CAMS shines on getting authorisation to operate as online payment aggregator
CAMS shines on getting authorisation to operate as online payment aggregator
Source: Accord Fintech
2024-04-12 11:24:33 am
Muthoottu Mini soars as `Best BFSI Brand`; MD Mathew Muthoottu wins `Most Promising Business Leader of Asia 2024` Muthoottu Mini Financiers, a leading Non-Banking Financial Company (NBFC) in India today got recognized as 'Best BFSI Brand'. Adding to the company's achievements, both Mathew Muthoottu, Managing Director, and P.E. Mathai, CEO, of Muthoottu Mini, were individually recognised as "Most Promising Business Leader of Asia 2024”. These recognitions signify Muthoottu Mini's commitment to excellence and innovation in the BFSI (Banking, Financial Services and Insurance) sect...
Muthoottu Mini soars as `Best BFSI Brand`; MD Mathew Muthoottu wins `Most Promising Business Leader of Asia 2024`
Muthoottu Mini soars as `Best BFSI Brand`; MD Mathew Muthoottu wins `Most Promising Business Leader of Asia 2024`
Source: PR Agency
2024-04-06 09:10:37 am
FII allocation to small- and mid-cap stocks highest since 2005 In CY23, small-caps and mid-caps outperformed large-caps by 28 per cent and 24 per cent respectively. The popular narrative was that this was due to strong domestic mutual fund flows, Ambit Capital said. “We challenged this narrative and highlighted that 67 per cent of FII flows (CY23- US$21.4bn) were in small- and mid-caps while for domestic funds, it was 57 per cent (CY23: US$21bn). FII flows exceeded that of DMFs in small-caps (3.3 per cent vs 1.8 per cent) as well as mid-caps ...
FII allocation to small- and mid-cap stocks highest since 2005
FII allocation to small- and mid-cap stocks highest since 2005
Source: IANS
2024-04-04 02:34:22 pm
Creating Value for All in the Long Term: Sustainable Growth Strategies for the Insurance sector By Nilesh Kothari, Chief Financial Officer, PNB MetLife TheBanking, Financial Services, and Insurance (BFSI) sector has been witnessing considerable growth, both globally and in India.In Insurance, collaborations, advanced technologies, innovations and industry reforms have provided a boost to this growth. Against this backdrop, it is imperative for all BFSI companies, and in particular, insurance companies to focus on creating long-term value while deliveringsustainable growth for all stakeholders. Let’s explore some fundamental principles ...
Creating Value for All in the Long Term: Sustainable Growth Strategies for the Insurance sector By Nilesh Kothari, Chief Financial Officer, PNB MetLife
Creating Value for All in the Long Term: Sustainable Growth Strategies for the Insurance sector By Nilesh Kothari, Chief Financial Officer, PNB MetLife
Source: PR Agency
2024-03-20 04:03:26 pm
We Win climbs on bagging work order worth Rs 8.28 crore We Win is currently trading at Rs. 75.40, up by 1.90 points or 2.59% from its previous closing of Rs. 73.50 on the BSE. The scrip opened at Rs. 74.97 and has touched a high and low of Rs. 75.80 and Rs. 71.85 respectively. So far 2045 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.52 on 28-Jul-2023 and a 52 week low of Rs. 34.50 on 21-Apr-2023. Last one week high and low of the scrip stood at Rs. 80.05 and ...
We Win climbs on bagging work order worth Rs 8.28 crore
We Win climbs on bagging work order worth Rs 8.28 crore
Source: Accord Fintech
2024-03-11 03:50:24 pm
Identity verification platform IDfy raises $27 mn funding  Leading integrated identity platform IDfy on Wednesday said that the company has raised $27 mn in a mix of primary and secondary fundraise from Elev8 Venture Partners, KB Investment and Tenacity Ventures. The company said the funds will boost their expansion plans and product development, enabling them to serve even more businesses. "Investment from Elev8 and Tenacity is a strong validation of our vision and capabilities. IDfy’s mission is to eliminate fraud and establi...
Identity verification platform IDfy raises $27 mn funding
Identity verification platform IDfy raises $27 mn funding
Source: IANS
2024-03-06 12:36:40 pm
Indian economy likely to grow at 6.7-6.9% in Q3 FY24 on poor performance in farm sector: SBI Research SBI Research in a report said that the Indian economy is likely to grow at 6.7-6.9 per cent in December quarter (Q3) FY24 as compared to 7.6 per cent growth in the second quarter on poor performance in the farm sector. It has projected Q4 GDP at 6.8 per cent. The report comes a day ahead of the release of official GDP data for the third quarter of 2023-24 financial year. India retained the tag of the world's fastest-growing major economy, with its GDP expanding by a faster-than-expected r...
Indian economy likely to grow at 6.7-6.9% in Q3 FY24 on poor performance in farm sector: SBI Research
Indian economy likely to grow at 6.7-6.9% in Q3 FY24 on poor performance in farm sector: SBI Research
Source: Accord Fintech
2024-02-29 10:31:41 am
India`s Q3FY24 GDP to grow 6.7% - 6.9%: SBI  India’s Gross Domestic Product (GDP) should grow in the region of 6.7-6.9 per cent during the third quarter (Q3) of FY24, said a top economist with the State Bank of India (SBI). In his latest report Dr. Soumya Kanti Ghosh, Group Chief Economic Advisor said, “Factoring the slight decline in economic activity in Q3 FY24, we estimate that the GDP should grow in the range of 6.7-6.9 per cent with a gross value added (GVA) growth of 6.6 per cent.” The SBI Composite L...
India`s Q3FY24 GDP to grow 6.7% - 6.9%: SBI
India`s Q3FY24 GDP to grow 6.7% - 6.9%: SBI
Source: IANS
2024-02-28 12:04:40 pm
TCS likely to lead its peers in revenue growth: UBS TCS is likely to lead its peers in revenue growth by 100-150 bp along with improvement in margins in FY25, foreign brokerage UBS said in a report. “We believe the market is not pricing this in, given a divided consensus and the stock remaining at the lower end of its long-term trading premium vs peers," UBS said as it upgraded TCS. “We see enough drivers to believe TCS can deliver industry-leading growth and margins among peers in FY25," UBS said. These include ...
TCS likely to lead its peers in revenue growth: UBS
TCS likely to lead its peers in revenue growth: UBS
Source: IANS
2024-02-27 05:33:37 pm
Mutual fund redemptions increased 39% in 2023 Mutual fund redemptions increased 39 per cent year on year to Rs 3,323 billion, leading to a decline in net inflows to Rs 2,063 billion in calendar year CY23 from Rs 2,383 billion in CY22, Motilal Oswal Financial Services said in a report. Domestic MFs’ equity assets under management (AUM) rose for the 10th consecutive year to reach Rs 23.8 trillion (+43 39 per cent YoY) in CY23. The rise in AUM was fueled by an uptrend in market indices (Nifty: +20 39 per cent YoY) and higher equity...
Mutual fund redemptions increased 39% in 2023
Mutual fund redemptions increased 39% in 2023
Source: IANS
2024-01-15 12:29:13 pm
BFSI Banking Sector Update :Strong business growth, but margin squeeze, higher opex to hurt PPoP By Emkay Global Financial Services Ltd Strong business growth, while margins will continue to retract albeit at a slower pace Systematic credit growth (15-Dec-23) remains healthy at 15.6% YoY (20% incl. HDFCL) and 5% QoQ, largely in line with 15.4% growth for our coverage banks, given strong retail growth during the festive season. We believe retail growth should moderate hereon, given the RBI’s recent action on unsecured loans, which has been the key growth driver and, thus, should lead to some moderation in overall cred...
BFSI Banking Sector Update :Strong business growth, but margin squeeze, higher opex to hurt PPoP By Emkay Global Financial Services Ltd
BFSI Banking Sector Update :Strong business growth, but margin squeeze, higher opex to hurt PPoP By Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services
2024-01-15 11:01:49 am
In the coming week market will take cues from Q3 results In the near term, investors' trade positions will be more inclined towards the upcoming result season; the overall forecast for earnings growth remains optimistic, projecting double-digit figures, says Vinod Nair, Head of Research, Geojit Financial Services. Contrary to expectations of weak Q3 results from the IT sector, better-than-expected results along with green shoots of recovery in the IT sector on the back of an improved outlook for BFSI in FY25 positively influenced domestic ma...
In the coming week market will take cues from Q3 results
In the coming week market will take cues from Q3 results
Source: IANS
2024-01-14 11:26:39 am
2023 records 23 million job applications from women; BFSI, Telecom, E-Commerce lead the wave In 2023, sectors like BFSI, Telecom, and e-commerce witnessed a remarkable surge in demand among female job seekers, with Apna.co, a leading jobs and professional networking platform, recording an astounding 23 million applications. This translates to an impressive rate of 44 applications every minute. Notably, there was a 40% increase in the number of women with graduate degrees or diplomas registered with the platform to apply for these roles compared to 2022, highlighting the pla...
2023 records 23 million job applications from women; BFSI, Telecom, E-Commerce lead the wave
2023 records 23 million job applications from women; BFSI, Telecom, E-Commerce lead the wave
Source: PR Agency
2023-12-20 03:34:03 pm
Only 45% job seekers employable in Indian IT-tech sector amid skill crunch With the widening skill gap in the Indian IT industry, only 45 per cent of job-seeking graduates seem employable and 1.55 lakh freshers are likely to be recruited in the IT/tech sector in FY24 versus 2.3 lakh in FY23, a report showed on Tuesday. With approximately 1.5 million engineering graduates actively seeking IT/Tech roles, muted market sentiments and intensified skills evaluation mechanisms have created a turbulent landscape. The Indian IT industry is set to hire 10 per cent of en...
Only 45% job seekers employable in Indian IT-tech sector amid skill crunch
Only 45% job seekers employable in Indian IT-tech sector amid skill crunch
Source: IANS
2023-12-19 11:38:49 am
BFSI - Banks/NBFCs Sector Update : Higher capital charge to temper growth for banks, NBFCs By Emkay Global Financial Services After firing warning shots for some time now, the RBI increased the risk weight by 25% on unsecured consumer loans (mainly PLs/Cards/CDs) as well as on banks’ exposure to NBFCs, to contain rising credit/pricing risk and customer overleveraging due to undeterred growth in unsecured loans. However, the RBI has timed its action to ensure a smooth festive season, while aiming to temper balance-sheet growth and thus cause only an indirect impact on the P&L versus a direct P&L hit via...
BFSI - Banks/NBFCs Sector Update : Higher capital charge to temper growth for banks, NBFCs By Emkay Global Financial Services
BFSI - Banks/NBFCs Sector Update : Higher capital charge to temper growth for banks, NBFCs By Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-12-11 03:54:50 pm
BFSI Banks Sector Update : Lower LLP drives earnings beat, but noise on retail stress on rise By Emkay Global Financial Services PPoP miss, but lower provisions drive earnings beat in Q2 for banks: Banks under our coverage (cumulatively) reported an 8% miss on PPoP due to lower treasury gains and higher opex, but lower provisions led to a marginal (2%) earnings beat in Q2. Overall, PAT growth for our coverage universe was largely in-line at 23% YoY/down 4% QoQ, with PSBs reporting nearly 30% YoY/down 4% QoQ profit growth (partly dragged by SBI), while that for PVBs was relatively moderate at 19% YoY/down 4% QoQ, par...
BFSI Banks Sector Update : Lower LLP drives earnings beat, but noise on retail stress on rise By Emkay Global Financial Services
BFSI Banks Sector Update : Lower LLP drives earnings beat, but noise on retail stress on rise By Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-12-07 04:04:24 pm
Add Nippon Life India Asset Management Ltd For Target Rs.435 - Religare Broking Ltd Strong AuM growth and market share gain: Nippon India Life Asset Management recorded strong AuM growth of 11.8% QoQ/23% YoY to Rs 3,506 Bn which was higher than the industry growth of 9% QoQ/20.3% YoY to Rs 47,000 Bn even after the regulator had announced restriction in lumpsum investment in small cap funds. The higher than industry growth led to gain in market share after 5 consecutive quarters by 18.3bps QoQ/16.1bps YoY to 7.5%. The company gained market share in each category of funds duri...
Add Nippon Life India Asset Management Ltd For Target Rs.435 - Religare Broking Ltd
Add Nippon Life India Asset Management Ltd For Target Rs.435 - Religare Broking Ltd
Source: Religare Broking Ltd
2023-12-04 03:27:16 pm
Ajit Ranade, Former AGM, IDBI, and Naresh Kurup, Former Chief Brand Officer, Clari5 (CustomerXPs), Join Translab`s Leadership Team Translab, a leading innovator in digital transformation for financial services, healthcare, and utilities, has added Ajit Ranade as Executive Domain Advisor for Banking, Financial Services, and Insurance (BFSI) and Naresh Kurup as Chief Marketing Officer to its leadership team. The new leaders bring a wealth of experience and expertise from diverse backgrounds, enriching Translab's dynamic team. Ranade has an extensive career in banking, holding leadership positions at prominent banks ...
Ajit Ranade, Former AGM, IDBI, and Naresh Kurup, Former Chief Brand Officer, Clari5 (CustomerXPs), Join Translab`s Leadership Team
Ajit Ranade, Former AGM, IDBI, and Naresh Kurup, Former Chief Brand Officer, Clari5 (CustomerXPs), Join Translab`s Leadership Team
Source: PR Agency
2023-11-18 09:39:26 am
Perfios makes 62 employees millionaires after ESOP buyback worth Rs 154 cr B2B SaaS fintech company Perfios on Tuesday announced an ESOP buyback of equity shares worth Rs 154 crore from its 135 employees, making 62 staff members millionaires.Among the beneficiaries of the buyback are 80 women employees. Additionally, 98 employees are under 30 years, while 152 fall within the 30 to 40-year age bracket, the company said in a statement.?It's gratifying to see the Perfios Millionaire Club grow and thrive along with the company?s growth. The buy-back reaffirms our dedica...
Perfios makes 62 employees millionaires after ESOP buyback worth Rs 154 cr
Perfios makes 62 employees millionaires after ESOP buyback worth Rs 154 cr
Source: IANS
2023-10-18 09:37:24 am