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Indian corporates to log strong profits in 2017: Moody’s

Indian corporates to log strong profits in 2017: Moody’s

Chennai, (IANS) : The Indian corporate sector is expected to log strongest profit growth in 2017 on the foundation of sustained economic growth, capacity additions and higher commodity prices, said global credit rating agency Moody’s Investors Service. The rating agency ...

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Ishaat Hussain replaces Cyrus Mistry as TCS chairman

Ishaat Hussain replaces Cyrus Mistry as TCS chairman

Mumbai, (IANS) : Tata Consultancy Services (TCS) on Thursday announced that Ishaat Hussain will be the new Chairman of the board of directors of the company in place of Cyrus Mistry with immediate effect. Tata Sons has also issued a special ...

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Global cues depress Indian equity markets

Global cues depress Indian equity markets

By Porisma P. Gogoi, Mumbai, (IANS) : Investors’ anxiety over the upcoming US presidential election, along with a massive foreign fund outflow, plunged the Indian equity markets during the just-concluded trade week. The negative global sentiments dragged the key domestic ...

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Infosys net up 6.1% in 2nd quarter

Infosys net up 6.1% in 2nd quarter

Bengaluru, (IANS) : Global software major Infosys Ltd on Friday reported a Rs 3,606 crore consolidated net profit for the second quarter (July-September) of fiscal 2016-17, registering 6.1 per cent year-on-year (YoY) growth. In a regulatory filing to the stock ...

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Australia’s economy displaying resilience: Moody’s

Australia’s economy displaying resilience: Moody’s

Sydney, (IANS) : Australia’s economy is continuing to display resilience to commodity price declines, however external financing risks do linger, global ratings agency Moody’s Investor Services said on Wednesday. Australia’s growth should continue to outpace its commodity exporting triple-A (stable) ...

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