Bengaluru: Cognizant CEO Ravi Kumar indicated that former employees constitute 5-7% of their lateral hires, signalling a growing trend of returnees. Cognizant saw 14,000 people rejoin the firm and has an additional 20,000 of them in the queue to return to the company. Kumar was speaking at the investor day held in the US recently.Kumar…
MUMBAI: Alteria Capital, India’s largest venture debt manager, announced that the International Finance Corporation (IFC) has made its maiden investment in the Indian innovative SME credit segment through an anchor investment in Alteria’s Shorter Duration Scheme (SDS). SDS shall concentrate on short-term liquidity requirements to enhance balance sheet efficiency, including short-term capital necessities of licensed…
The interest rates have remained constant since April 2024, with no modifications implemented. (AI image) Latest Post Office Small Savings Schemes Rates: The interest rates for small savings schemes will remain unchanged as per the government’s latest announcement. These rates will continue through April to June quarters of FY 2025-26. The official circular states, “The…
NEW DELHI: The Reserve Bank of India (RBI) on Friday announced a revision in the interchange fee and customer charges for Automated Teller Machines (ATMs) and Cash Recycler Machines (CRMs), increasing them by Rs 2 for transactions beyond the permitted free limit.. The new fee structure will come into effect from May 1, 2025.As per…
Top 10 richest persons in the world: Elon Musk, at age 53, has regained his position as the world’s wealthiest individual for the fourth time in five years! Elon Musk’s net worth has crossed the $400 billion wealth threshold. His net worth experienced a remarkable increase of $189 billion or 82%, largely due to the…
MUMBAI: Some auto and ancillary stocks saw strong selling on Thursday after the US imposed a 25% import tariff on these products, effective May 2025. Tata Motors, which exports over 20% of its Jaguar-Land Rover cars to the US, closed 5.6% lower and led the pack in Thursday’s session.Among others, Sundaram Fasteners lost 4% while…
Market experts anticipate a period of consolidation with an optimistic outlook. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened flat in trade on Friday. While BSE Sensex was near 77,550, Nifty50 was around 23,580 levels. At 9:16 AM, BSE Sensex was trading at 77,546.80, down 60 points or 0.077%….
Mumbai: Govt on Thursday said it will borrow Rs 8 lakh crore or 54% of its total planned borrowing of Rs 14.8 lakh crore for FY26 during the first half of the fiscal. It refrained from front-loading the borrowing programme to avoid any upward pressure on rates when the RBI is infusing a record level…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Larsen and Toubro and Indian Energy Exchange are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for March 28, 2025:Index View: NIFTYNifty after a strong rally of 1900 points in just…
MUMBAI: Markets regulator Sebi on Thursday proposed that each exchange offering equity derivatives products to investors should have either Tuesday or Thursday as the expiry day for all their contracts. This is being proposed so that there’s predictability of the expiry of derivatives products on each of the exchanges. Market players said the move would…
