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Nifty opened lower dragged by selling in IT heavyweights after Infosys lowered its FY24 growth guidance

Nifty plummets at fastest pace in 18 weeks; down 1.17% from its previous close

PGurus Newsdesk - July 21, 2023 0

Except for PSU bank and auto, all the sectors ended in red On Friday, Nifty fell sharply following disappointing results/ guidance from IT companies, including...

Sloppy performance of Govt. portals maintained by Infosys is causing concern – will it act?

Finance Ministry summons Infosys CEO for unending glitches in the new Income Tax portal....

Team PGurus - August 22, 2021 0

Finance Ministry summons Infosys CEO Salil Parekh on new IT portal's continual glitches The leading software firm Infosys is becoming a real embarrassment to the...

EP 208 | Daily Global Insights | Jul 21, 2021 | US News |...

Sahil Mishra - July 22, 2021 0

Sree Iyer: Namaskar, July 21st 2021, episode 208. Hello and welcome to Daily Global Insight with Sri and Sree. Let's begin by taking a...

Mehta is such a brilliant social scientist. One expects him to stay on, fight on and implement his ideas that benefit society.

Pratap Bhanu Mehta, the serial quitter quits again

Sudhir Bisht - April 10, 2021 3

His short spells of engagement at Harvard, JNU and now at Ashoka University prove that he likes to stay around for brief periods only. A...

Why is the fastest growing economy in the World not showing strength in its currency? Who is shorting it?

RBI needs to monitor the Rupee exchange (USDINR) rate closely

Sree Iyer - December 17, 2018 0

Even as India is digesting a career bureaucrat as the Governor of the Reserve Bank of India (RBI), there is a gradual fall again...

Citing several instances of commission and omission by the Finance Secretary Adhia, Swamy has sent 10 Request To Information letters

Subramanian Swamy files 10 RTIs to Finance Ministry seeking GSTN funding, Tax exemptions to...

Team PGurus - October 6, 2018 12

Subramanian Swamy is on a warpath with the Finance Ministry. Days after sending a request to the Finance Minister Arun Jaitley for Sanction to...

Before jumping into bailout IL&FS LIC (and the public) should look at the business model and ensure that it will be profitable after investing

Why is LIC bailing out a private firm (IL&FS)?

Sree Iyer - September 26, 2018 1

It never ceases to amaze me as to why everyone looks to the Life Insurance Corporation (LIC) for a handout when the chips are...

A look at how Chidambaram was the Rain Maker for his party. Finance Ministry must have been a hobby.

P7 – What is Chidambaram really worth?

Sree Iyer - July 16, 2018 17

Parts 1-6 can be accessed here. This is the concluding part. Some are born great, some achieve greatness and some have greatness thrust upon them...

Modi has correctly re-organized the corporate structure of GSTN to make it completely Government owned

At last, Government acquires 100% shares in GSTN by kicking out all tax money...

Team PGurus - May 5, 2018 7

Modi’s government took corrective measures to fully acquire the Goods and Services Tax’s administration firm Goods and Services Tax Network (GSTN) by avoiding all...