Sunday, November 24

Top Stories

November 09, 2024

India's interest to study agri abroad rises

Indian students from farming heartlands and urban centres alike are increasingly heading abroad to study agriculture and allied fields—a shift sparked by the global demand for sustainable farming practices, technological innovation in food production and immigration pathways this route offers. Interest in these programmes- —ranging from agronomy and precision agriculture to agritech and food sciences—has surged over the past few years, driven by the EU’s ‘Farm to Fork’ strategy and Canada’s Agri-Food Pilot. “Our data shows a 30% YoY increase in enquiries for agriculture and allied fields since 2020. In 2023, we saw a 75% YoY increase in enquiries about agricultural programmes,” said Nikhil Jain, co-founder of ForeignAdmits. “It’s a perfect storm of opportunities. Thes

November 09, 2024

TCS cuts bonuses of senior staff

Tata Consultancy Services (TCS) has lowered bonus payments for some employees for the July-September quarter, despite adhering to the stringent work from office policies of the tech giant, Moneycontrol has reported. While junior employees still received their full quarterly variable allowance, some senior employees saw reductions between 20-40 per cent, with some receiving no bonus at all. This comes after a 70 per cent variable payout in the previous quarter.“For Q2FY25 we have paid out 100% QVA (Quarterly Variable Allowance) to junior grades across the company. For all other grades, the QVA depends on their unit’s business performance. This is in line with our standard practice across quarters," a TCS spokesperson was quoted as saying in the media report. TCS determines bonuses based

November 09, 2024

Swiggy IPO allotment expected soon. Check status, GMP, listing date and other details

The share allotment of Swiggy IPO is likely to be finalised later on Saturday. Investors will get shares on a lottery basis and the whole process will be supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on the BSE or even on the registrar's website.First, here's how you can know the status on the BSE:Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)Step 2: Please select the issue name, that is the company's name from the drop-down menu.Step 3: Enter the application number or PAN number to check the allotment status.To check the status of

November 09, 2024

Are Q2 earnings downgrades already factored in? DSP Mutual Fund's Abhishek Singh explains

As a sluggish Q2 earnings season is leading to downgrades in many stocks, Abhishek Singh, Fund Manager, DSP Mutual Fund, says the market is not factoring in the medium-term outlook yet for most of the stocks."Markets could be justified in this stance if we see sustained improvement in the coming quarters," he says. Edited excerpts from a chat:In your DSP Top 100 Fund, you typically have a concentration of around 30 names. How have you been tweaking your portfolio in the last few months amid all the concerns around valuation and earnings growth slowing down?I've been cautious about valuations for some time. Revenue growth had been slowing for several quarters, and now even profits are lagging. I haven’t had to make major adjustments to my portfolio, as I've maintained a conservative stanc

30