Jefferies named Bajaj Finance and Shriram Finance among its top NBFC picks, saying earnings upgrades and strong growth should continue to support the sector.
The Indian Meteorological Department (IMD) has issued an orange alert for heavy rainfall in Delhi during the morning hours, with moderate rain expected at many places and heavy rain possible at isolated locations.
The ongoing 8th Pay Commission consultations are significant for central government employees and pensioners, who are awaiting clarity on revised salaries, allowances and pensions.
TCS is taking measured steps to narrow the gap with larger peers, with a sharper focus on large-deal wins and a renewed, capability-led M&A strategy, adds the brokerage.
