Coforge, Persistent outperform mid-tier peers amid slowdown

BENGALURU: Coforge and Persistent Systems continued to post double-digit revenue growth in the Dec quarter, standing out as several engineering-focused mid-tier IT companies saw growth taper or turn negative. Firms such as Tata Technologies, Cyient, LTTS and Tata Elxsi largely reported slower momentum, with revenue, margins and net profits showing signs of moderation. Coforge reported…

Read More

India needs $22tn for net zero by 2070; coal use to rise till 2047: Niti Aayog | India News

NEW DELHI: At a time when India is working on its 2035 climate action targets, the govt’s think tank, Niti Aayog, on Monday released a roadmap to achieve the country’s ‘net zero’ emission goal by 2070, noting that the transition will need cumulative investment requirements of $22.7 trillion, around $500 billion annually, to finance several…

Read More

US and Bangladesh strike new trade deal — key terms of the agreement

The United States and Bangladesh on Monday finalised the United States–Bangladesh Agreement on Reciprocal Trade, wrapping up negotiations as both countries stepped in to strengthen bilateral economic ties. Under the revised framework, Bangladeshi exports to the American market will attract a 19% tariff, marginally lower than the 20% imposed in August and significantly below the…

Read More

‘Surrounded PM’s seat’: Letters fly to Lok Sabha Speaker Om Birla as BJP, Congress women MPs trade charges | India News

Lok Sabha Speaker Om Birla NEW DELHI: Women MPs from the Bharatiya Janata Party (BJP) on Tuesday wrote to Lok Sabha Speaker Om Birla, urging him to take strict action against opposition MPs for allegedly committing “heinous acts” inside the House during last week’s proceedings.In their letter, the MPs praised the Speaker for maintaining order…

Read More

Proxy advisory firm flags ‘crisis’ at Zee Ent, co rejects claims

MUMBAI: Shareholder advisory firm InGovern has turned up the heat on Zee Entertainment Enterprises, calling for the appointment of a professional managing director, a forensic audit of related-party transactions, and other governance reforms. InGovern said Zee is witnessing a deepening crisis of confidence, with promoters exercising substantial operational control despite holding a stagnant equity stake…

Read More