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Business solutions provider Quess Corp s Apprentice Skill Trends Report said there has been an over 250 per cent annual increase in apprentice headcount in the IT/ITES space in 2023 compared to last year as companies look at lowering the cost of their workforce. ....
MUMBAI: If BFSIs were to be excluded, corporate sales in Q2 FY24 would register a half percentage point decline in sales even though overall profits r. ....
The September-quarter earnings season was a mixed bag with muted topline growth and zooming profits. The bottomline growth was thanks to ebbing cost pressures and recovering margins ....
Strong bank balance sheets, a fresh start to the credit cycle, and reasonable valuations compared with the broader market present an opportunity for investors to allocate to this sector over the next six months, say wealth managers. ....
India s office space leasing, projected at 32-34 million sq ft this financial year, faces stagnation due to global uncertainties affecting key tenant sectors. Despite this, inherent market strengths and the return-to-office trend suggest a medium-term demand surge, stabilizing owners credit profiles. Dominated by tech firms and GCCs, current modest demand, especially in IT/ITeS and global sectors, contrasts with buoyant segments like BFSI, consulting, and e-commerce. ....