IT companies look to improve margins by raising utilization levels

Indian IT companies are trying to beef up their margins and are relying heavily on expanding utilization rates to accomplish this...

Tuesday, 02 May 2023, 09:35:58 AM IST

India-UAE bilateral trade under CEPA sees 16% rise between 2021-22 & 2022-23

Bilateral trade between India and the UAE under the comprehensive economic partnership agreement (CEPA) has increased from $72.9 billion (April...

Tuesday, 02 May 2023, 08:50:20 AM IST

Ciena appoints Amit Malik as India head to help firms meet 5G, bandwidth demands

Networking, systems and software company Ciena said it has appointed Amit Malik as Vice President and Sales Leader for India, as it helps drive...

Tuesday, 02 May 2023, 08:42:34 AM IST

SEBI designs to authorize mutual funds with performance-based fees

India's market regulator intends to allow a new category of mutual funds where asset managers' charges will partly be based on performance,...

Monday, 01 May 2023, 05:21:09 PM IST

Nissan reports 24 pc rise in wholesales in April

Nissan Motor India said its domestic wholesales raised 24 percent to 2,617 units in April. 2,110 units were sent out by the corporation in the same month previous year. Additionally, the automaker exported 632 units in December. Nissan...

IIHL receives Rs 50,000 cr financial offers from overseas lenders for Reliance Capital acquisition

The Hinduja Group arm, IndusInd International Holding Ltd. (IIHL), which emerged the highest bidder for Reliance Capital in the recently concluded auction, is firmly in the driver's seat as the company has already received Rs 50,000 crore...