Because the Centre introduced the extension of the EMPS (Electrical Mobility Promotion Scheme) up until September this 12 months, electrical car firms and trade specialists are of the view {that a} long-term coverage for growing the adoption of EVs is indispensable. In its first Finances after the election, the federal government slashed the subsidy on … Read more
TCS reported a largely inline quarter with income and EPS marginally above consensus (about 0.8 per cent), whereas EBITDA was 1.5 per cent above. Most verticals and geographies noticed sequential development too. Given this, one may ask the query ‘Have the enterprise fundamentals within the IT sector bottomed out?’ If that’s the case, given TCS’ … Read more
IT providers and consulting main Accenture, whose efficiency is seen as a bellwether, lately declared its quarterly numbers and, whether it is any indication, Indian IT providers corporations might even see close to time period headwinds specifically in BFSI and telecom sectors, say analysts. In response to Ray Wang, Principal Analyst & Founder, Constellation Analysis, … Read more
LTIMindtree has introduced integration of its subsidiaries; Syncordis and Nielsen+Companion to kind a specialised Banking Transformation Follow (BTP). The corporate’s BTP is positioned to ship end-to-end Consulting, Digital and IT providers, leveraging industrial off-the-shelf (COTS) merchandise and platforms serving Banks and Capital Market corporations. LTIMindtree acquired Syncordis in December 2017 and Nielsen+Companion in January 2019. … Read more