Top Stories (12/01/2017)
N Chandrasekaran, the CEO and Managing Director of Tata Consultancy Services, has been named the new Chairman of Tata Sons, roughly three months after the former Chairman Cyrus Mistry was unceremoniously ousted.
India’s factory output grew 5.7 percent in November compared to -1.9 percent in October despite expectation of households putting off purchases and companies deferring investment hit by an economy-wide cash-crunch.
India’s retail inflation rate grew 3.41 percent in December from November’s 3.63 percent, confirming fears of weak demand as households, hit by a demonetisation-induced cash crunch, put off spending.
Tata Consultancy Services, the country's largest IT services provider, on Thursday said its third quarter (October-December) profit increased 2.9 percent sequentially to Rs 6,778 crore, driven by the strong digital business and great execution work. It touched USD 1 billion mark in profit for the first time.
Source: Moneycontrol
India’s factory output grew 5.7 percent in November compared to -1.9 percent in October despite expectation of households putting off purchases and companies deferring investment hit by an economy-wide cash-crunch.
India’s retail inflation rate grew 3.41 percent in December from November’s 3.63 percent, confirming fears of weak demand as households, hit by a demonetisation-induced cash crunch, put off spending.
Tata Consultancy Services, the country's largest IT services provider, on Thursday said its third quarter (October-December) profit increased 2.9 percent sequentially to Rs 6,778 crore, driven by the strong digital business and great execution work. It touched USD 1 billion mark in profit for the first time.
Source: Moneycontrol
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