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IT earnings: IT sector s challenges persist in Q4; guidance for FY25 in focus

HCLTech and Tata Consultancy Services (TCS) poised to dominate Indian outsourcing industry with expectations of revenue growth acceleration in FY25 driven by higher discretionary expenses and strong deal wins in the US market.

Wealthtech startups rake in funds; ads on sound box coming soon!

Wealthtech platforms Dezerv and Stable Money are set to close $30 million and $17 million in equity funding, respectively. While Dezerv is looking to raise the capital from Premji Invest, Stable Money is likely to rack up funds led by RTP Global.

Global enterprises may turn positive on tech spending: BNP Paribas

Global enterprises may turn positive on tech spending: BNP Paribas
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Muted demand to stymie Q4 hopes of IT firms - The Hindu BusinessLine

Muted demand to stymie Q4 hopes of IT firms - The Hindu BusinessLine
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EV market going to broaden; Maruti Suzuki top pick for 2024: Kumar Rakesh, ET Auto

Kumar Rakesh of BNP Paribas discusses strong demand for electric two-wheelers, caution in two-wheeler segment, impact of FAME II end on EV demand, tractor industry cyclicality, and top pick for 2024 being Maruti Suzuki. In case of EVs. we have seen a very strong demand for electric two-wheelers in March. April will be much weaker adjusting for this pre-buying, but May onwards, penetration expected to start inching back.

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