Thursday, October 08
Coforge shares surged nearly 6% to Rs 1,895 on the BSE in Tuesday’s trade after JP Morgan reiterated its ‘Overweight’ rating on the stock with a target price of Rs 2,080, implying an upside potential of 16% from the previous close.The brokerage said it remains confident about Coforge’s industry-leading growth prospects and margin expansion. It also noted that the company’s management was bullish, with no signs of macroeconomic headwinds that have impacted its peers.JP Morgan further highlighted that large deals secured in FY25 are locked in, and the company’s deal pipeline remains robust.Also Read: JSW Steel, Aurobindo Pharma among 6 large & midcap firms with promoter pledge decline in Q4Coforge recently completed its first-ever share split in a 1:5 ratio. It began trading
Mumbai: India's cable television industry has undergone a significant contraction over the past seven years, with an estimated 577,000 cumulative job losses between 2018 and 2025, driven largely by a sharp decline in pay-TV subscribers, according to a report released on Monday.Pay-TV subscriber base dropped from 151 million in 2018 to 111 million in 2024 and is expected to fall further to between 71-81 million by 2030, said the report, 'State of Cable TV Distribution in India', jointly prepared by the All India Digital Cable Federation (AIDCF) and EY India.It attributed the decline to rising channel costs, increased competition from OTT platforms and growing popularity of free, unregulated services such as DD Free Dish.Cumulative revenues of four DTH players and 10 major cable TV providers
The Niti Aayog is likely to suggest a major revamp of the All-India Institute of Medical Sciences (AIIMS), Delhi, including a significant expansion to enable it to offer clinical services at multiple locations in the National Capital Region.The move is aimed at reducing the load on existing infrastructure and freeing doctors for medical research, said a senior government official.This will ensure the premier institute attends to only critical and trauma cases, as well as reduce the waiting time for other critical procedures, said the official, who did not wish to be identified. On an average, the AIIMS, Delhi gets about 7,200 patients daily at its out-patient department (OPD) and 400-500 patients at casualty.121735861Niti Aayog member VK Paul-led committee, set up for the purpose, is exami
