Live: Indian IT Companies Are Ageing, Says Aswath Damodaran

Gold Silver Reports (GSR) – Indian IT Companies Are Ageing, Says Aswath Damodaran — “Indian IT companies are not dying, but ageing”, and companies like Infosys Ltd. need to come to terms with that, Damodaran, adding that only some companies will be able to adapt to the changes.

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ICICI Bank Erases Gains After A Block Deal

Gold Silver Reports (GSR) – ICICI Bank Erases Gains After A Block Deal – Shares of the private sector lender early gains and fell as much 0.8 percent to Rs 289.55. About 20 lakh shares changed hands in a block deal, Bloomberg data showed. Buyers and sellers were not known immediately.                    

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Tractor Makers Rally After IMD Predicts Normal Monsoon

Gold Silver Reports (GSR) – Tractor Makers Rally After IMD Predicts Normal Monsoon — Shares of the tractor makers rallied today after IMD forecast stated that India’s monsoon rains, that water half of the country’s cultivated land, are expected to be normal for the third straight year.                                              

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