Infosys has raised warned of deteriorating economic environment which has the potential to adversely affect revenue growth in the coming months.
The hit due to the weakening of rupee comes at a time when auto makers have been enduring one of the toughest periods with car sales.
Vikram Akula, the one-time poster boy of microfinance and founder-chairman of SKS is set to lose control over the company he founded in 1998.
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| Market Round-up |
| 16065.42 | 119.32 |
| 4812.35 | 34.00 |
| 2141.54 | 17.78 |
| 10060.06 | 19.61 |
| 46.79 | -0.14 |
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Most Read Story
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| At its launch price of Rs 44,500 it will indeed be costlier in India than anywhere else, though it will be available about 10% cheaper on online sites. |
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| A recent report lists the reasons why property prices may soften in the next few months. |
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Most Commented Story
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| At its launch price of Rs 44,500 it will indeed be costlier in India than anywhere else, though it will be available about 10% cheaper on online sites. |
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