Alternative demand to drive tyre sector revenues by 7-8% this fiscal: Crisil

[ad_1] New Delhi (India), July 20 (ANI): India’s tyre sector is ready to see regular income progress of 7-8 per cent this fiscal, pushed by alternative demand that accounts for half of annual gross sales, whilst offtake by authentic tools producers (OEMs) will possible be subdued and exports regular, mentioned Crisil Scores in a report. … Read more

CleverTap’s Leanplum buyout triggers layoffs, high deck exits three years on

[ad_1] Practically three years after buying US-based Leanplum to energy its international growth, Peak XV Companions-backed software program firm CleverTap is grappling with integration challenges which have triggered top-level exits, layoffs, and liquidation of the acquired entity, a number of folks advised Mint. CleverTap confirmed the layoffs, govt exits, and Leanplum’s liquidation, however maintained that … Read more

IT large bets on new acquisitions amid unsure macros

[ad_1] For Salil Parekh, who completes eight years as Infosys’s chief govt in January 2026, the priority is rising the IT providers firm whose order e-book has little to boast of. Infosys ended 2024-25 with massive offers price $11.6 billion, down 34% year-on-year. This order e-book additionally lacked contracts valued above $1 billion, important in … Read more

Indias high IT cos wrap up Q1 with single-digit topline progress

[ad_1] New Delhi, Jul 27 (PTI) India’s high IT providers corporations delivered single-digit income progress in April-June, capping off a combined, somewhat-sobering quarter as macroeconomic instability and geopolitical tensions weighed on world tech demand and delayed shopper decisionmaking. Administration commentary painted a combined image, warning prevailed, but trade CEOs additionally emphasised price optimisation, vendor consolidation, … Read more

Netflix looks to keep up its hot streak in the second quarter

[ad_1] When Netflix reports its second quarter on Thursday afternoon, the Ginny & Georgia streamer will look to keep up a hot streak that began at the end of 2023. Wall Street analysts are expecting earnings per share of $7.08, up from $4.88 last year, and revenue of $11.1 billion, up 16%. After its sales … Read more