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Manabu Yamazaki, President & CEO of Canon India asserts supporting SMEs and the startup ecosystem has been a core focus area of the Japanese MNC.
With the US Fed clearly indicating that the interest rate trajectory has changed, two things are going to happen. First the risk off trade globally will get further fuelled. A part of this means that US tech stocks are likely to see continued push which will have its impact on Indian tech stocks also. Second, as the overall cost of capital for US companies and also the consumer will come down. For US companies, it means more discretionary spending, a part of which comes to Indian tech companies. The question is whether the domestic IT companies which have been witnessing a phase of underperfor...
According to experts, credit to the segment fell due to risks of high defaults and global slowdown in demand for certain industries.