The brainchild of founders Lionel Benjamin, an experienced hotelier, and entrepreneurial investor Vivian Watts, AGOโs hybrid profit lease currently has 15 properties in its fold catering to the comfortable and
Continue reading »Renewed Rate Hike Worries As Job Vacancies Jump
The JOLTs data for August released on Tuesday showed a more-than-expected rise in job vacancies in the U.S., renewing the focus on the headroom available for the Fed to raise
Continue reading »Tailwinds point to better prospects for Emami; FY24 may see recovery in biz
While Emami is still struggling to push growth, given weak rural demand, the sale of the group’s stake in AMRI Hospitals should ease investor concerns about stake pledges by promoters.
Continue reading »U.S. Stocks May Come Under Pressure Amid Continued Surge In Treasury Yields
Following the mixed performance seen in the previous session, stocks are likely to move mostly lower in early trading on Tuesday. The major index futures are currently pointing to initial
Continue reading »Rescue for customer caught in heating maintenance wrangle โ The Crusader
Disappointed about how he had been treated and anxious to sort out matters before winter, Peter Kenton asked Crusader for help with what is also a timely reminder for others.
Continue reading »Mack Trucks, UAW Union Reach Tentative Deal
Mack Trucks, owned by Swedish commercial vehicle manufacturer Volvo Group, and United Auto Workers or UAW union announced that nearly 4,000 union members has reached a tentative agreement, in a
Continue reading »Rising costs, competition leave paint sector in need of fresh coat
Festival season may add vibrant strokes to volumes, but margins remain a blank canvas. Paint companies have lagged behind their consumer peers in the past year. While the four largest
Continue reading »Results preview: IT companies brace for Q2 setback on muted growth
The July-September quarter, the second in the financial year, is always a strong one for Indian IT services. However, the second quarter of FY24 is expected to be muted, and,
Continue reading »Accenture guidance delays hopes of demand pick-up for Indian IT: Analysts
At a time when the market is betting on a ‘higher for longer’ global interest rate view, Accenture’s (ACN) weak revenue forecast is a negative read-through for the Indian IT
Continue reading »Genpact CEO: ‘We are investing $600 million over three years in AI’
‘AI is not a new thing for us. We started our AI journey in 2015.’ Genpact is sharpening its focus on generative artificial intelligence (GenAI). While cost reduction and digital
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