By LiveMint-India
To address currency volatility, IRFC is considering converting part of its dollar loans into Swiss francs and diversifying its funding sources. With nearly $8 billion in overseas exposure, the company is also exploring refinancing metro rail projects, aiming to improve earnings.
Japanese shares’ ascent to record highs at the start of the year has reinforced a Fidelity International fund manager’s preference for smaller AI-related companies that still look affordable.
TCS, Cognizant and Infosys reported billion-dollar contracts but analysts say Fortune companies are reducing the number of IT vendors they work with to reduce their long-term software services costs.
More than 60 chief executive officers of Minnesota-based companies called for an immediate “de-escalation of tensions” between state, local and federal authorities as the state reels from another fatal shooting of an American by immigration agents.
