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New Delhi [India], April 3 (ANI): US President Donald Trump's decision to impose a 100 per cent tariff on patented pharmaceutical imports--citing national security and supply chain risks following a Section 232 probe--is expected to have a mixed impact on India. Crucially for India, the proclamation clarifies that generic drugs--a segment in which Indian firms dominate globally--are exempt "at this time," adding that such products "shall not be subject to Section 232 tariffs." For India, the i ...Read More >
New Delhi [India], April 3 (ANI): US President Donald Trump's decision to impose a 100 per cent tariff on patented pharmaceutical imports--citing national security and supply chain risks following a Section 232 probe--is expected to have a mixed impact on India. Crucially for India, the proclamation clarifies that generic drugs--a segment in which Indian firms dominate globally--are exempt "at this time," adding that such products "shall not be subject to Section 232 tariffs." Also Read | Delh ...Read More >
Bengaluru: Persistent Systems' revenue in the September quarter rose by 4.4% in constant currency and increased by 4.2% quarter-on-quarter in dollar terms to reach $406 million. Its revenue grew 17.6% year-on-year. Persistent's strong performance drove the share price up by nearly 6% on the BSE on Wednesday.Industry-wise, sales grew quarter-on-quarter by 7% in BFSI, 3.8% in healthcare, and 2.2% in tech and emerging verticals. The company's EBIT margin stood at 16.3%, up 80 basis points sequentia ...Read More >
BENGALURU/HYDERABAD: Donald Trump's H-1B visa crackdown will hasten U.S. firms' shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and industry insiders say. The world's fifth-largest economy is home to 1,700 GCCs, or more than half the global tally, having outgrown its tech support origins to become a hub of high-value innovation in areas from design of luxury car dashboards t ...Read More >
New Delhi, Sep 14 (PTI) India is central to the global, integrated delivery approach of Publicis Sapient and the digital business transformation company is "excited" about the addressable market here as well, according to CEO Nigel Vaz. In an interview with PTI, Vaz further said digital business transformation budgets (global spends) in 2026 are likely to be "better and more significant", as companies reset strategic priorities. He, however, cautioned that persistence of inflation and macroeco ...Read More >
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