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Mayuresh Joshi, Head Equity, Marketsmith India, says valuations of IT stocks may be expensive but they continue holding a few stocks like Coforge, Infosys, Persistent in their global portfolios. Also, within the Adani group, Adani Ports is one stock that investors can keep on the watch list. The IT sector is taking quite a bit of beating today. Infosys is down 3.5%. L&T Tech is down over 3%. HCL Tech, Tech Mahindra have run up quite a bit in the last three to four months, but what is the expectation from hereon on IT? Mayuresh Joshi: Two things are happening here. One, from a results perspective, a large part of the midcap IT basket has performed really well. So, even on a higher base, the expectation in terms of how revenue growth will be in constant currency terms was very stable. The margins were very stable and the commentaries were surprisingly very robust over the next few months and quarters as well.

The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop production and plug its wells or face costly fines

Subscribe to enjoy similar stories. On Thursday, early-stage venture capital firm Stellaris Venture Partners launched its largest-ever investment vehicle—a $300 million fund. The fund was heavily oversubscribed, but the firm’s partners decided not to raise more than this.

Canada’s biggest credit union outside of Quebec, Vancity, has historically marketed itself as being “Main Street, not Wall Street” — member-owned, values-led and locally focused.

By Mike Katchen

Germany’s highest court has rejected complaints by renewable energy producers against a government decision to use their “excess profits” to help finance a cap on electricity prices

Legislation to create a two-month-long GST holiday is expected to pass on Thursday.

Subscribe to enjoy similar stories. Mumbai: At the 42nd Annual General Meeting (AGM) of Zee Entertainment Enterprises Ltd (ZEEL), CEO Punit Goenka addressed shareholders’ concerns, outlining strategies for growth and updates on ongoing legal challenges. He reaffirmed the company’s commitment to navigating the evolving media landscape while creating long-term value for stakeholders.

With deals starting as low as $1 per month, platforms like Hulu, Peacock, and more are offering steep discounts, ensuring access to a treasure trove of shows, movies, and live content at a fraction of the cost, as mentioned in a report by Decider. From Hulu’s unbeatable year-long deal to discounted bundles like Disney+ and Hulu, here’s a breakdown of the best Black Friday streaming deals of 2024.

“Work on the bullet train corridor in Maharashtra picked up pace after the National Democratic Alliance (NDA) government took charge. Entire land acquisition is complete and over 320-kilometres of the physical infrastructure work is ready,” the official said. Commenting on future bullet train corridors, he said experience from developing the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor will come handy. “India is now capable to single-handedly take up this project in more corridors. We should have our own trains in future corridors as well," he said.

1. Room size mattersThe size of your room is a critical determinant in choosing the appropriate heater. For example, a fan heater is ideal for compact spaces like a 10x10 ft bedroom, delivering quick heat without overburdening the space.

real estate sector in India, a major contributor to economic growth, has traditionally relied on manual processes and outdated systems, making asset management inefficient. However, the adoption of advanced technologies like artificial intelligence (AI), predictive analytics, and drone technology is driving a paradigm shift. These innovations are addressing long-standing challenges, enhancing transparency, and opening up new opportunities for growth in a competitive market.

luxury homes, leaving behind the once-dominant affordable housing segment. This paradigm shift underscores the evolving priorities of urban dwellers and the burgeoning demand for a holistic living experience. A Lifestyle Beyond Four Walls Gone are the days when owning a house was merely about a roof over one’s head. «Today’s buyers seek more than just a property; they desire a lifestyle. Luxury homes, offering a seamless blend of residential spaces, commercial hubs, educational institutions, healthcare facilities, and leisure amenities, fulfill these expectations. These self-contained ecosystems not only provide luxury homes but also ensure that every essential need is within arm’s reach,» Nagabhushan Reddy, Managing Director and Founder of Bengaluru-based NBR Group said.

Donald Trump newest efficiency advisor, billionaire Elon Musk, wants to take at least $2 trillion off the top of the annual federal budget. Musk's budget-cutting dream came a step closer to reality when Trump named him and fellow tech billionaire Vivek Ramaswamy to lead an advisory council called the «Department of Government Efficiency (DOGE)» with a mission to suggest ways to «slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.» The Tesla CEO and owner of social media platform X called for «at least $2 trillion» in budget cuts last month while speaking at a rally in New York. A cut of that scale would be massive in relation to the size of the federal budget, which was $6.75 trillion in the most recent fiscal year ended September. Though Musk has not yet specified whether he would cut $2 trillion annually or over time.

Subscribe to enjoy similar stories. LTIMindtree Ltd is bracing for the next leg of growth, but the Street is hardly excited. The company eyes $10 billion revenue by FY31-32, up from $4.2 billion now.

regenerative food packaging are showing the path to others. In an interaction with ET Digital, Pranay Pasricha, Brand and Marketing Head India of NSE-listed Pakka Limited, explains why energy-efficient manufacturing is essential for reducing our environmental impact and why, for Pakka, it’s not just about saving on energy costs but also about cutting carbon emissions and conserving natural resources. He also says that one of the biggest challenges for them is making sustainability more affordable for people. Edited excerpts: The Economic Times (ET): Share Pakka’s journey and how sustainability has been integrated into the company’s core mission. Pranay Pasricha (PP): Pakka’s journey has always been guided by a deep respect for the planet and the communities we work with. From the very beginning, we have focused on creating solutions that are both practical and environmentally friendly. For us, sustainability isn’t an extra step—it’s the heart of everything we do.

South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated

The Redmi Note 14 series is gearing up for its grand launch in India on December 9, with a strong emphasis on its 'Super Camera and Super AI' features. As the successor to the Redmi Note 13 series, this mid-range lineup has already debuted in China and is now preparing for its global release. The series is expected to offer three models: Redmi Note 14, Redmi Note 14 Pro, and Redmi Note 14 Pro Plus. The pricing of the Redmi Note 14 series has been a buzzworthy topic among tech enthusiasts. Tipster Abhishek Yadav has revealed variant-specific prices for all three models. Here's a closer look at the details.

NBCC (India) are likely to remain in focus on Thursday as the company has signed a Memorandum of Understanding (MoU) with Housing & Urban Development Corporation Limited (HUDCO) for the development of land in Noida. The company also announced winning a work order worth Rs 316 crore. “This is to inform that NBCC (India) Limited has signed MoU with HUDCO for development of 10 acre institutional plot at Noida sector-62 as Project Management Consultant,” said the company in an exchange filing.

Subscribe to enjoy similar stories. India's telecom sector is a critical pillar of the country’s digital economy. It provides services to over 1.2 billion people and contributes significantly to the country's GDP.

Subscribe to enjoy similar stories. The Union government is working on a comprehensive package for the aviation sector involving lower user fees, relaxed regulations and tax concessions, three government officials aware of the development said. Federal think tank Niti Aayog is leading the initiative, holding consultations with the ministries of aviation, commerce, finance, home, petroleum and environment for the package, the people cited above said on the condition of anonymity.