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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…

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Adani Group, Embraer To Set Up Regional Aircraft Manufacturing Facility In India

Adani Group and Brazilian major Embraer on Tuesday announced a strategic collaboration that aims to set up a regional aircraft manufacturing facility in India, a significant boost for the country’s indigenous manufacturing capabilities. India is one of the world’s fastest growing civil aviation markets and the partnership will look to help enhance air connectivity to…

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Tier-2, Tier-3 cities to drive next phase of India’s premium housing growth

India’s premium and luxury housing segment is undergoing a structural expansion, with demand steadily moving beyond traditional metropolitan markets into Tier-2 and Tier-3 cities, according to industry reports and developers.As per Magicbricks, India the country’s luxury housing market is projected to grow at a compounded annual growth rate (CAGR) of 35 per cent, expanding from…

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Stock markets at lifetime highs: What should investors do? Six mistakes to avoid

Those who stayed on the sidelines are now watching markets soar without them, and the temptation to “catch up” is intense. (AI image) When optimism is in the air, it’s easy to lose discipline. Here are six behavioural traps that can quietly sabotage your wealth.
 Letting overconfidence override disciplineThe powerful rally of the past 18–20…

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