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"Growth in housing sales both in volume and value terms augurs well for the overall economy as more than 200 ancillary industries, including cement and steel, are dependent on the real estate sector,” said Vikas Wadhawan, Group CFO, REA India. PropTiger.com data showed that housing sales grew by 41 per cent to 1,20,640 units in the first quarter of this calendar year from 85,840 units in the corresponding period of the previous year.
L Krishnakumar: Krishnakumar joined Tata Group in 2000 in the hotels business, The Indian Hotels Company Limited (IHCL) as Vice President and was appointed Senior Vice President - Finance of the erstwhile Tata Tea in India in 2004.
Bengaluru (Karnataka) [India], October 14 (ANI/PRNewswire): Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, reported strong Q2 performance with year-on-year growth at 18.8 per cent and sequential growth at 4.0 per cent in constant currency. Year-on-year growth was in double digits across all business segments in constant currency terms. Digital comprised 61.8 per cent of overall revenues and grew at 31.2 per cent in constant currency. Operating margin for the quarter increased sequentially by 150 bps to 21.5 per cent. Large deal TCV for the quarter was robust at USD 2.7 bn, highest in last 7 quarters. FY 23 revenue guidance is revised to 15 per cent-16 per cent; operating margin guidance is also revised to 21 per cent-22 per cent. Highest large deal TCV of USD 2.7 bn in last 7 quarters; quarterly attrition declined for 3rd quarter in a row. Share buyback of Rs 9,300 crores (USD 1.13 bn) and interim dividend of Rs 6,940 c
New Delhi [India], October 11 (ANI/PRNewswire): Translumina - a global developer and manufacturer of innovative cardiovascular medical devices, implants and access products - appointed Indranil Mukherjee as Group CEO and Armin Kiser as Managing Director and Chief Operating Officer for the company's Europe operations. Indranil is a veteran in the healthcare industry. In his most recent role as Managing Director at B. Braun Group in India, he turned around and delivered sustainable profitable growth, managing several product lines (across three production plants) and a team of over 2,000 colleagues in India. "Translumina presents a unique opportunity to build a leading Global Med-tech company with a strong innovation culture and deep-seated roots in both India and Germany. I look forward to driving the next chapter of growth for the business that will involve bringing a further set of breakthrough technologies to patients around the world, together with a passionate and committe