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Increased digital adoption and deal wins has helped the performance of the IT industry to bounce back in the July-September quarter. What has also benefited the margins of the top tier IT giants is the reduction of travel expenses of more than 70% year-on-year.
Sebi puts in place guidelines on valuation of securities with multiple put optionsThe new framework will be applicable with effect from October 1, 2021, the Securities and Exchange Board of India (Sebi) said in a circular.
from Stocks-Markets-Economic Times https://ift.tt/3yDELJ9
… Read MoreYes, winning the Euros really can help your stock marketOf the last five tournament winners, Greece and Spain's bourses outperformed the pan-European STOXX 600 after their 2004 and 2008 and 2012 wins, while only Portugal's 2016 title was followed by notable underperformance.
from… Read MoreFall in outward remittances good news for India's current accountThis is the first time annual remittance outflows contracted since 2015 when the Reserve Bank of India (RBI) doubled the annual limit for sending money abroad to $250,000 and allowed more current account transactions under th… Read MoreMarket surge to continue on better corporate profitability: Nilesh Shah"In June 2021 quarter, corporate profitability will come down but market is expecting it to rise after that. Corporate profitability is sustainable," Kotak Mahindra AMC Managing Director, Nilesh Shah said.
from Stocks-Market… Read MoreHow Chinese clampdown will target offshore listingsChinese companies looking to list offshore will also need approval from the relevant ministry, in a break from a decades-old arrangement that did not require them to seek a formal go-ahead from any authorities in China.
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