IT automation, Rafale deal & other top stories of the week

THE ECONOMIC TIMES Sat, Aug 01, 2015 | 03:28 PM IST Weekly Platter Newsletter

Infosys, Wipro & TCS lose over 1,00,000 people in last four quarters as automation kicks in At the core of this sea change is automation and the advent of newer technologies such as cloud computing, and improved productivity. read more Rafale deal: Pricing issues, India's insistence on 50% local spending lead to missing of July target Officials familiar with Rafale negotiations said higher political intervention may be required to hasten the process. Gurdaspur attack: Fortuitous right turn by terrorists for near-empty police barracks saved the day, almost Fortuitous right turn by terrorists for near-empty police barracks rather than a bustling residential police complex saved the day, almost.

Editor's Pick Bihar polls: How is Amit Shah planning to meet the challenge? What's Amit Shah doing to meet it – 'it' being Bihar's election that's due in few months? What are his grand strategies? ET takes a close look. Here's why it may make sense to sell your car and hire a cab from Uber or Ola Take a cab, don't buy a car' is urban India's newest trend, still nascent but likely to get stronger, as both experts and auto companies think. When Abdul Kalam got more cheers than M S Dhoni and Gautam Gambhir A darling with the young ones, Kalam always walked into educational institutions to deafening applause and cheers. Systematic investment plan returns pip those from FDs and PPFs Investments in equity schemes done through systematic investment plans (SIPs) have outperformed traditional products such as fixed deposits and PPF.

Most Popular This Week Tata Motors banks on defence sector business, exports to drive 30-40% of its revenues SUV segment a big rage! M&M to launch compact TUV300 in September Sharp drop in gold & oil prices brings cheer for Modi govt; public investments may rise too Driven by PM Modi's Make in India, Japan's Igarashi to re-enter India ISIS preparing to attack India: Report

Story of The Week Former President APJ Abdul Kalam passes away in Shillong The former President collapsed during a lecture at the Indian Institute of Management here at around 6.30pm and was taken to the hospital. read more

Money What to check if investing in a retirement home There are several aspects to look at if you are considering investing in real estate for your retirement years. Don't rush to buy gold yet, prices may drop further Gold prices are at a 5-yr low right now. However, experts feel instead of rushing in to buy, investors should wait and watch as prices may slip further.

Stock Round Up Sensex ends 409 points up, Nifty at 8,533; banking stocks rally on capital boost, Q1 show The sentiment was lifted by a surge in banking scrips bolstered by ICICI Bank and Centre's plan to infuse Rs 70,000 crore into PSBs over 4 years.

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