The trend in IT spending is going through a change wherein the share of e-commerce will go up and spending on traditional fields will come down, Zensar Technology’s vice CMD Ganesh Natrajan explained.
Posts tagged MC
Focus on e-commerce to benefit from IT spending: Zensar (20-11-2015)
Sensex, Nifty extend rally on banks, IT stocks support (20-11-2015)
TCS, Infosys, HDFC Bank, ICICI Bank, SBI, MM, Maruti, Wipro, Dr Reddy’s Labs and Bajaj Auto gained 1-3 percent. However, ITC, Sun Pharma, Bharti Airtel and Hindalco were under pressure.
RBI sets direct agri-lending target at 11.57% (20-11-2015)
RBI set the target for direct lending by banks to agriculture under priority sector at 11.57 percent, which is based on the system-wide average of the last three years’ achievement with regard to overall direct lending to non-corporate farmers.
Domestic air traffic surges 19% to 70 lk passengers in Oct (20-11-2015)
Low cost carrier IndiGo, which recently got listed on the bourses, maintained its leadership position with a market share of 36.8 percent in October. It flew as many as 25.90 lakh passengers last month.
Nifty hits 7900, Sensex rises over 150 pts; ITC, TCS up 2% (20-11-2015)
GAIL, Wipro, MM, SBI and TCS are top gainers while Sun Pharma, ITC, Bharti and Hindalco are among losers in the Sensex.
RasGas may modify deal with Petronet, gas stocks zoom 4-15% (20-11-2015)
According to reports, long term contract is now linked at 3 months of Brent from earlier 12 months, enabling cost of gas to drop below USD 7/mmbtu from USD 12.5/mmbtu.
7th Pay Panel to boost consumption, hit GDP by 0.65%: Pros (20-11-2015)
Aditi Nayyar, Senior Economist at ICRA says that the recommendations will have 0.65 percent hit on the gross domestic product (GDP). However, she adds that it will not have much impact on the fiscal deficit.
See 7-10% earnings growth in FY17: IDFC’s Limaye (20-11-2015)
According to Vikram Limaye, MD CEO, IDFC, there is yet no sign of pick up in investment cycle and the rural economy. So, unless that picks up, it would be difficult for growth to see an uptick.
See 7-10% earnings growth in FY17: IDFC’s Limaye (20-11-2015)
According to Vikram Limaye, MD CEO, IDFC, there is yet no sign of pick up in investment cycle and the rural economy. So, unless that picks up, it would be difficult for growth to see an uptick.
Lack of leadership dragging mkt down, says Ambit’s Holland (20-11-2015)
On the corporate earnings, Andrew Holland, CEO of Ambit Investment Advisors says that despite the reform work done by the Modi government, it will take time for earnings to bounce back.