IT spending in India to hit $87.1B in 2018 w - Your Story

Riding on the wave of digital transformation, the IT spending in India is forecast to hit $87.1 billion in 2018 — an increase of 9.2 percent from $79.7 billion (estimated) this year, Gartner said on Tuesday. Enterprise software and IT services continue to exhibit strong growth, with devices segment driving the majority of overall IT […]
 

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Footwear maker Khadim India falls on stock market debut w - VC Circle

Khadim India Ltd, the country’s second-largest branded footwear retailer by exclusive stores, listed at a discount on the stock exchanges on Tuesday and then extended the losses. Shares of Khadim India began trading on the BSE at Rs 727 apiece, down 3% from the initial public offering price of Rs 750, stock-exchange data showed. The stock touched a high of Rs 740 and a low of Rs 712.40 in the first few minutes of trade. The benchmark BSE Sensex was flat in morning trade. Khadim becomes the 31st company to list on the bourses this calendar year. […]

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