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Brokerages says since the fundraise is not substantial enough, it will have a limited impact on Vodafone Idea's competitors
Vedanta shares rose 3.18 per cent to hit a high of Rs 272.15 on BSE. Antique Stock Broking said the Anil Agarwal company has established a huge asset base with expected replacement cost in excess of $50 billion.
Companies opened 118 global capability centers (GCCs) in India over the past two years in a boost to 'insourcing' efforts, taking their total count to over 1,620, February data from the industry body showed.
V-Mart Retail, Dilip Buildcon Ltd, Rajesh Exports, Gujarat Mineral Development Corp, UPL and Laurus Labs were among some of the companies that saw steep cuts in earnings estimates for FY25.
MUMBAI : Global companies are setting up more offices in India and expanding in-house teams but that does not mean the end of the road for Indian IT firms, which rely heavily on outsourcing deals, executives said at a Nasscom event last week.Companies opened 118 global capability centers (GCCs) in India o