New Delhi, July 9 (IANS) India Inc’s revenue growth accelerated to 11–11.5 per cent year‑on‑year in the Q1 FY27, marking the fastest pace in two years, a new report has said.Strong domestic demand and price hikes offset the impact of higher input costs triggered by the West Asia conflict, helping corporates to maintain strong growth rate, the report from ratings agency Crisil Ratings.Even as supply disruptions in West Asia pushed up fuel, freight, packaging and feedstock costs, the resil…
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New Delhi, July 6 (IANS) India’s dealmaking landscape witnessed a sharp rise in transaction values during the second quarter of 2026, with the combined value of mergers and acquisitions (M&A) and private equity (PE) deals surging 127 per cent quarter-on-quarter to $36.3 billion, according to a report.According to a report by Grant Thornton Bharat, M&A activity emerged as the key driver of dealmaking during the quarter, with 240 transactions worth $27.9 billion.While M&A deal volumes …
New Delhi, July 6 (IANS) White‑collar hiring in India grew over 6 per cent in June, with AI and machine‑learning roles continuing to outperform, posting 25 per cent year‑on‑year growth in June, a report said on Monday.The report from jobs site Naukri said insurance continued its strong run with 16 per cent growth, FMCG at 7 per cent, telecom at 6 per cent, real estate at 5 per cent and BPO/ITES and pharma or biotech at 4 per cent each.The report said that the Naukri JobSpeak Index reache…
New Delhi, June 2 (IANS) White-collar hiring remained stable in May 2026 in India, as the insurance sector continued to lead with a over 19 per cent year-on-year (YoY) growth followed by BPO/ITES at over 9 per cent, a report said on Tuesday.The report from jobs portal Naukri said that healthcare at over 6 per cent and hospitality at over 5 per cent were other top growing sectors. Its Naukri JobSpeak Index touched 2836 in May 2026, marginally higher than the 2807 mark recorded in the same month l…
New Delhi, May 14 (IANS) Airtel Chairman and Managing Director Sunil Bharti Mittal on Thursday said that he plans to hand over the reins of the telecom major to the next generation in the next ten years.”I wish to hand over the reins to the next generation in the next 10 years,” Mittal said in the company’s concall.Mittal was re-appointed as Chairman of Bharti Airtel for another five-year term on Wednesday, with effect from October 1, 2026. The company’s board also approved the re-appointment of…
Mumbai, May 13 (IANS) Bharti Airtel on Wednesday reported a 33.5 per cent year-on-year (YoY) decline in consolidated net profit for the fourth quarter of FY26 at Rs 7,325 crore, compared to Rs 11,021.8 crore in the corresponding quarter last financial year.Despite the annual decline, the telecom major posted a sequential growth of 10.48 per cent in profit from Rs 6,630 crore recorded in the previous quarter, according to its stock exchange filing.The company’s revenue from operations rose 15.6…
Mumbai, May 5 (IANS) Domestic institutional investors (DIIs) have overtaken foreign peers in a significant shift in Indian equity market ownership, with their holdings in Nifty 500 companies touching a record 20.9 per cent in March 2026, a report has said.As per Motilal Oswal Financial Services Limited (MOFSL) report, this marks the eighth consecutive quarter of rise in DII holdings, up 170 basis points year-on-year and 50 basis points quarter-on-quarter.In contrast, foreign institutional invest…
New Delhi, May 1 (IANS) India’s white‑collar job market opened FY27 on a healthy note, up 6 per cent year‑on‑year led by growth in the insurance job market, a report said on Friday.The ‘Naukri JobSpeak’ saw its ‘Index’ reached 3,045 points in April, up 6 per cent year‑on‑year from 2,878 points. The three‑month moving average from February to April stood at 9 per cent year‑on‑year growth.Insurance led sectoral growth growing 21 per cent and BPO/ITES went up 15 per cent. Real…
Bengaluru, April 23 (IANS) Amid the complexity of designing US fire trucks that increases manifold because each US state has a unique fire code, global professional services company Vee Technologies’ engineering business has rolled out the design of its 3,000th fire truck this month, its was announced on Thursday.The Bengaluru and Atlanta-headquartered firm forayed into the challenging area of designing fire trucks for the US market a decade ago.The complexity of designing US fire trucks increas…
New Delhi, April 17 (IANS) Global tech layoffs are accelerating in 2026, with more than 80,000 jobs already cut in the first quarter and total losses likely to exceed 3 lakh this year, led by companies like Oracle, Amazon, and Meta, according to a report.The report by TradingPlatforms noted that the latest wave of layoffs builds on a broader post-pandemic correction, with over one million tech jobs lost globally since 2021 as companies recalibrate hiring after the Covid-era expansion.Artificial …