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Tuesday, October 22, 2019

What Infosys needs to fix the mess it has found itself in

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THE ECONOMIC TIMES
Tue, Oct 22, 2019 | 05:20 PM IST

Daily Newsletter

What Infosys needs to fix the mess it has found itself in

It's a deja vu moment for co-founder and non-executive Chairman Nandan Nilekani.

India weighs trade curbs on Turkey, Malaysia

While India's bilateral trade with the two was only 2.9% of its total in the fiscal year ended March 31, New Delhi en...

Growth in NII, rural lending drive up Bajaj Fin Q2 profit: Top Takeaways

However, provisions climbed about 90 per cent during the quarter under review. ...

Voda Idea ties up with Home Credit to help customers

In a move to spur demand in the industry, Home Credit India, announced Tuesday an industry-first strategic alliance with Vodafone Idea. By paying Rs 799 the telco's prepaid customers will be able to buy latest 4G smartphones.

Towns tepid, voting higher in rural areas in Maharashtra and Haryana
Ulhasnagar, Kalyan East and Andheri West reported less than 40% polling, while Panipat City and Karnal, the Haryana chief minister's constituency, reported less than 50%. Meanwhile, polling was peaceful in the Maoist-infested Gadchiroli.
Will growth concerns hit M&As, funding?
Companies will stay private for a longer time and more money will chase the best late-stage deals.
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Market Watch 22 Oct | 05:20PM|
SENSEX NIFTY USD/INR GOLD
38963.84
-334.54
11588.35
-73.50
70.93
-0.22
37888.00
-2.00
MARKET NEWS
Infosys stock takes worst hit in 6 years

This was the 16th time the stock has tanked in double-digit in a single day since January 2000....

Look who took the biggest hit in Infosys selloff!

Amidst knee-jerk reactions, Infosys' m-cap declined by over Rs 40,000 crore in early trade. ...

Gainers Losers 22 Oct, 2019, 05:20PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Bank of Maharashtra 11.05 13.33 432935 11.5 9.71
Century Textiles & Industries 449.85 12.62 717555 470.8 400.55
HEG 1076.00 10.73 153126 1117.5 972.9
Avanti Feeds 450.60 10.35 201109 469.6 441.4
Welspun India 57.15 10.33 220626 58.15 51.5
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FROM THE NEWSPAPER
Whistleblower blow to Infosys: How big is the crisis, what do brokerages say?

A group of anonymous employees sent the letter to the Infosys board on September 20. ...

Walmart wants certainty in India's biz environment

Changes in foreign direct investment rules for e-commerce marketplaces late last year had upset Walmart-owned Flipkar...

It's a 'Black Diwali' for small handset retailers

The organised trade are now joining hands with smaller retailers who say it's going to be a "Black Diwali"....

India's payment fight is about to get intense

MobiKwik is fighting a broader battle against deep-pocketed rivals such as Paytm, PhonePe and GPay....

A Rs 40,000 crore bad loan firesale is on

Assets are up for sale - in sectors such as power, roads, telecom - as banks look to get rid of deadwood....

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