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Top related persons:
Siddhartha Khemka - 3 Francis Mascarenhas - 1 Janane - 1 Khemka - 1 Navamya Ganesh - 1 Rashmi Aich - 1 Sonia Cheema - 1
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India Bengaluru Mumbai BENGALURU United States Europe
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Motilal Oswal Financial Services - 3 Thomson - 2 Bombay Stock Exchange - 1 REUTERS - 1 Rights - 1 U.S . Federal Reserve - 1 BSE - 1 Fed - 1

Search resuls for: "Siddhartha Khemka"


4 mentions found


☆ We like both private and public sector banks in India, says financial services firm
  + stars: | 2023-10-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe like both private and public sector banks in India, says financial services firmSiddhartha Khemka of Motilal Oswal Financial Services discusses the banks it likes.
Persons: Siddhartha Khemka Organizations: Motilal Oswal Financial Services Locations: India
☆ India shares close at two-week low as hawkish Fed spooks investors
  + stars: | 2023-09-21 | by ( Sethuraman N R | ) www.reuters.com   time to read: +2 min
The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. Both the indexes fell for a third straight session on Thursday, losing as much as 1%. The Fed on Wednesday held key interest rates unchanged as widely expected, but warned that the battle against inflation was far from over. Higher interest rates dry up liquidity from the markets, increasing the cost of capital. The small-cap and mid-cap stocks fell 1.3% and 0.9% on Thursday, respectively.
Persons: Francis Mascarenhas, Siddhartha Khemka, Janane Organizations: Bombay Stock Exchange, REUTERS, Rights, U.S . Federal Reserve, BSE, Motilal Oswal Financial Services, Fed, . Banking, Sethuraman NR, Thomson Locations: Mumbai, India, Bengaluru
☆ India's TCS, Transamerica end $2 bln contract due to macro environment
  + stars: | 2023-06-16 | by ( ) www.reuters.com   time to read: +1 min
BENGALURU, June 16 (Reuters) - Indian information technology (IT) company Tata Consultancy Services (TCS.NS) said on Friday it has mutually agreed with insurance provider Transamerica to end a $2 billion contract, citing reasons including a challenging macro environment. The 10-year contract, signed in early 2018, involved TCS working with U.S.-based Transameria to enable the digitization of more than 10 million policies into a single integrated platform. Administration of those policies, including life insurance and retirement and investment solutions, will be moved to a new servicing model, which will take about 30 months, TCS said. "It's more of a sentimental negative rather than a big impact on the financials of TCS," said Siddhartha Khemka, head of retail research at Motilal Oswal Financial Services. "We don't see a big impact because of this.
Persons: Siddhartha Khemka, Khemka, Navamya Ganesh, Rashmi Aich, Sonia Cheema Organizations: Tata Consultancy Services, U.S, Administration, TCS, Motilal Oswal Financial Services, Indian, Thomson Locations: BENGALURU, United States, Europe, Bengaluru
☆ Indian shares fall on rate-hike worries ahead of Fed, RBI minutes
  + stars: | 2023-02-22 | by ( Bharath Rajeswaran | ) www.reuters.com   time to read: +2 min
The Nifty 50 index (.NSEI) was down 0.86% at 17,674.50, while the S&P BSE Sensex (.BSESN) fell 0.85% at 60,150.93 as of 10:34 a.m. IST. Both the Fed and the Reserve Bank of India were due to release minutes of their latest policy meetings, giving investors a glimpse of their thinking on future rate-hike trajectories. "Fear of a hawkish Fed has gripped markets and kept investors on tenterhooks." Global markets fell after an unexpectedly strong reading of S&P Global's composite purchasing managers' index (PMI) showed that the U.S. economy was not cooling. ($1 = 82.8330 Indian rupees)Reporting by Bharath Rajeswaran in Bengaluru; Editing by Janane Venkatraman, Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
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