For now, margin is the villain in L&T story

Larsen & Toubro (L&T) investors could not be more pleased. The infrastructure behemoth fared well on…

Risk Profile: Startups, tech cos face 20,000 job cuts in 6 months

Tech and startup companies keep laying off employees, citing over-hiring, cost pressures and funding challenges. Over…

IT firms’ staff costs rise on rising lateral, billable recruitment

India’s top information technology (IT) services companies such as Tata Consultancy Services Ltd, Infosys Ltd, Wipro…

PhonePe’s FY22 revenue rises

‘Bengaluru’ Walmart-owned payment service provider PhonePe’s consolidated operating revenue more than doubled, up 138% 1,646 crore…

Employee costs for listed companies have reached year-highs

A major theme for India Inc in FY21 was cost rationalisation. However, some costs made a…

UltraTech’s battle against debt is far from cost pressures

It is well known that India’s cement sector is battling with cost inflation. Even the industry…