Sunday, 3 July, 2022
TopicIT companies

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

Kanhaiya Lal Teli’s body being taken for last rites in Udaipur on 29 June 2022 | Photo: ThePrint | Manisha Mondal

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.
The Reserve Bank of India logo | Photo: Suraj Singh Bisht | ThePrint

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

File photo of Prime Minister Narendra Modi and Egyptian president Abdel Fattah Al Sisi on the latter's first visit to India | Photo: Twitter/@narendramodi

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.
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