India's IT Sector: Cautious Cheer Amid Cost Pressures

India's IT earnings season reveals better-than-expected revenues and stabilizing demand, but profitability remains strained due to rising costs. Key players like Infosys, TCS, and HCLTech report mixed results.

Shark Tank India: Marketing Power Over Funding

Shark Tank India's fifth season shows startups gain more than capital. National TV exposure drives instant visibility, customer trust, and rapid growth, transforming the show into a marketing accelerator.

India Revives Tiger Global Tax Case with Caution

The Indian government plans to reopen tax assessment against Tiger Global's Flipkart stake sale, but will proceed carefully respecting appeal rights. The case involves ₹14,500 crore capital gains.

RBI Extends Export Payment Window for Rupee Trade

The Reserve Bank of India has amended foreign trade rules, allowing exporters 18 months to realise proceeds for transactions invoiced and settled in rupees, up from 15 months for foreign currency deals.

Wipro Q3 Revenue $2.6B, Tech Mahindra $1.6B

Wipro reported December quarter revenue of $2.6 billion with sequential growth, while Tech Mahindra posted $1.6 billion. Both IT giants show cautious optimism for Q4 amid muted demand.

AMC to Monetise 4,113 Properties in Ahmedabad

Ahmedabad Municipal Corporation's new cell is hiring a consultant to develop a sales strategy for leasehold properties, including CG Road's Municipal Market, aiming to boost revenue.

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