Tag: LTIMINDTREE
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Examining Indian Companies’ Cash Reserves: Time for Enhanced Shareholder Returns
Indian companies are under scrutiny for holding substantial cash reserves, with ₹99,100 crore deemed excess. The report highlights the need for better dividend payout policies, as only 16 out of 66 companies have a clear payout ratio linked to profits. As companies return a portion of their profits to shareholders, there is potential for more…
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EPAM Systems Surges Ahead of Indian IT Rivals Through Strategic Workforce Growth
EPAM Systems has become larger than some Indian IT companies by doubling its workforce in India, achieving $1.17 billion in revenue for the September quarter. The company overcame challenges posed by the Russia-Ukraine conflict and reported a growth rate of 0.48%. In contrast, Tech Mahindra and LTIMindtree face challenges affecting their growth, despite EPAM’s notable…