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While short-term projects are getting stalled, the managed services segment, which fetches significant revenue for service providers, has still not been impacted by the outbreak.

Infosys grew 9.8% with revenues of $ 12.78 billion in last fiscal , while Tata Consultancy Services, India’s largest IT firm grew 7.1% to $ 22.03 billion. Smaller rivals Wipro grew 3.8% to $ 8.6 billion and Tech Mahindra by 4.3% to $ 5.18 billion.

The Japanese appliances giant plans to launch smart door bells, plugs and switches. This will be followed by side-by-side refrigerators, front-loading washing machines, fans, geysers amongst others covering the entire product portfolio in phases.

China supplies several components for air conditioners made in India. Shortage of these components could affect AC production in India. "We are well stocked till the first week of April. But unless the supply from China is restored in the next couple of weeks, we could face a challenge in the production front after that," said C P Mukundan Menon of Blue Star.

Production cuts will be most in premium portfolio as consumers curb discretionary spending.

The association also demanded six to nine months' moratorium on all principal and interest payments on loans and overdrafts, besides deferment of GST and advance tax payments. They also asked the minister for removal of fees for any upcoming licenses, permits renewal, excise exemption for liquor for the hospitality and travel industry across the country.

Mahindra Holidays & Resorts India Ltd (MHRIL) on Sunday said it plans to first reopen resorts that are at drivable distance from the metro cities once the coronavirus lockdown is lifted.

From the glow of the once-admired brand the venture has seen its stock slip and slide.

It is that moment of impulse, where satiation of a craving overtakes all rationale and emotions.

How Adidas India is making a style statement Originals, which now contributes over 10% to its revenues.

While the economy appears likely to rebound from a first-quarter contraction, Yellen said the progress “bears close watching.

IBM salesmen to now recommend Apple devices to their healthcare & banking clients

We asked dozens of our favorite analysts, economists, strategists, and portfolio managers on Wall Street and around the world to send us their most important charts.

US stocks ended near flat as concern about an escalation of the Russia-Ukraine conflict offset gains in consumer staples shares.

Till about a year ago, I was fairly hands-on in the hiring process, says Zomato's Deepinder Goyal.

Management at Faasos are not people from food industry but mostly entrepreneurs who wanted to build something different on their own, says Revant Bhate.

Global M&A volume at USD 4.86 trillion in 2015 was the highest on record for any year, surpassing the previous record of USD 4.61 trillion in 2007.

The Tata family trusts have reached out to sovereign wealth funds and other long-term investors to gauge their interest in purchasing the Mistry family’s stake if it became available, according to the people.