Topic: IT companies
Investors are bullish about Indian IT companies again after record earnings estimates
Twelve-month forward earnings estimates for 50-member S&P BSE Information Technology Index have climbed 4.6% in July, the most since October 2013.
Karnataka allows 33% employees of IT/BT sector to work from office after 20 April
CM B.S. Yediyurappa said the IT/BT companies should use bus services to facilitate the commute of employees, who must follow safety guidelines & social distancing.
Trump’s H-1B tweak will make things tougher for Indian companies, not US firms
The proposed salary cap will hit Indian IT companies that pay H-1B holders $69,000 to $82,000, not the likes of Amazon and Google who pay over $100,000.
On Camera
YourTurn
India’s blasphemy beheadings have a new audience—and they’re sitting behind smartphones
Videos on social media have become a key feature of blasphemy killings. Each inspires communal competitors to stage a more macabre act of revenge.
RBI intervenes with multi-pronged strategy in battle against rupee fall
The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.
Defence
India and Egypt work towards building strategic relationship with focus on defence & security
From holding joint military exercises to exporting wheat as Russia and Ukraine stop supplies, New Delhi and Cairo are redrawing their relationship as geopolitical tensions rise.
Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest
What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.