Sudhir Singh, CEO, Coforge, says “the retail vertical of the merged entity is going to be operating almost immediately at about $100 million per annum. The healthcare and the high-tech verticals of the merged entity from day one will be operating at about 50 million US dollars, in some cases more than that as well.” … Read more
Cross-sex hormones designed to masculinise or feminise a person’s body are available to buy online for less than £11 a month, with experts warning that growing numbers of under-18s may turn to the medicines hidden economy. Last month the landmark Cass review of children’s gender treatment in England concluded there was a lack of reliable … Read more
May 03, 2024, 10:41:46 AM IST FY24 proved to be an exceptional year for equity markets worldwide, with Indian equity markets exhibiting outstanding performance. Throughout the year, Indian equities consistently achieved new all-time highs, accompanied by continuous surges in market volumes. In April 2024, mid and smallcap indices rallied by 6% and 11% respectively while … Read more
The words hit players of the world’s favourite tabletop role playing game like a magic missile straight to the heart. “Dungeons & Dragons has never been more popular, and we have really great fans and engagement,” said Cynthia Williams, former CEO of D&D publisher Wizards of the Coast, in December 2022 at an “investor-focused” web … Read more
Britain’s ruling Conservatives lost a parliamentary seat to the main Labour opposition Friday, as the country awaited local election results likely to pile more pressure on embattled leader Rishi Sunak. Labour seized the constituency of Blackpool South, in the northwest of England, in the latest by-election defeat for the Tories as it appears on course … Read more
Key events Introduction: Oil prices set for steepest weekly drop since February Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The oil price is on track for its biggest weekly losses in three months, bringing relief to consumers and central bankers alike. Crude oil prices have … Read more
Shares of Coforge, which was earlier known as NIIT Technologies, fell nearly 10% on Friday to the day’s low of Rs 4,505 on BSE after the IT company reported weak Q4 results in which both revenue and margin missed estimates. Jefferies not only downgraded the stock to underperform but also slashed its target price by … Read more
The parched villages of Gangapur in the desert state of Rajasthan have a new season in their calendar. Between November and February, car workshops along the town’s dusty mile-long market open before sunrise, cylindrical stainless-steel food containers are put on display, and traders stock up on chocolate and strawberry syrups. Come March, the villagers start … Read more
Bringing down airfare prices by releasing Qantas and Virgin Australia’s stranglehold on the domestic flight market will require government intervention or a competitor with “very deep pockets”, tourism supremo Graham “Skroo” Turner believes. Turner, the chief executive of Flight Centre, has expressed his concern about budget airline Bonza going into voluntary administration this week, grounding … Read more
The Indian rupee will hew a close path to the U.S. dollar over the coming three months as regular interventions from the Reserve Bank of India keeps the currency on a tight leash, a Reuters poll of analysts found. The RBI has kept the rupee in a narrow range against the dollar and is only … Read more
