S&P Global India Climbs to #32 in India's Top 100 Companies to Work For 2025
S&P Global India receiving the Great Place To Work Award
'Being ranked in the top 50 for the third consecutive year is a testament to our people and the culture we have built together. Our continued presence on this list aligns with our vision to foster a workplace where everyone can thrive and make a difference,' said Nilam Patel, Managing Director- India Operations, S&P Global
S&P Global's culture comes to life through people's stories, celebrations, daily practices and habits. It is a shared, enduring commitment to Power Global Markets, driven by its core values of Discovery, Partnership, and Integrity.
Today, S&P Global India's workforce spans more than 15,000 professionals across locations in Ahmedabad, Bengaluru, Gurugram, Hyderabad, Mumbai, and Noida.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
United News of India
an hour ago
- United News of India
US wholesale prices just jumped most in 3 years
New York, Aug 15 (UNI) US inflation on the wholesale level picked up steam last month, with prices rising by the fastest monthly pace since June 2022, a new data showed. The latest Producer Price Index, which measures the average change in prices paid to producers, jumped 0.9 percent from June, lifting the annual rate to 3.3 percent, according to Bureau of Labor Statistics data released on Thursday. It means costs were sharply on the rise for producers and manufacturers in July, a sign that higher prices could soon filter down to American consumers, reports CNN. The PPI serves as a potential bellwether for the prices consumers may see in the months ahead. Thursday's readings far exceeded economists' expectations for prices would rise by just 0.2 percent in July and 2.4 percent annually. And considering the PPI covers the domestic output of goods and services and excludes imports, the potential consumer price inflationary impact could be underestimated, noted Brian Bethune, an economist at Boston College. The Dow fell 175 points, or 0.4 percent, at the opening bell on Thursday. The broader S&P 500 fell 0.35 percent and the tech-heavy Nasdaq Composite dropped 0.3 percent. All three indexes mostly pared those losses later in the morning. Earlier this week, the Consumer Price Index for July showed that falling gas prices kept a lid on overall consumer price hikes but that tariff-sensitive goods continued to get more costly. Traders pared their bets that the Federal Reserve would cut its benchmark lending rate at its September meeting. Excluding food and energy, core PPI also shot higher by 0.9 percent, sending the annual rate to 3.7 percent, the highest level since March. On the goods side, higher food prices were the biggest culprit behind a 0.7 percent monthly increase. Raw agricultural products leapt 12.8 percent highest from June; and within that, fresh and dry vegetables saw a 38.9 percent monthly price surge, which is the largest since March 2022. UNI XC SS
Economic Times
an hour ago
- Economic Times
US stock market today tumultuous: Dow hits record as UnitedHealth surges, S&P 500, Nasdaq, and semiconductor stocks fall due to inflation and looming Trump tariffs
US stock markets staged a major turnaround on Friday, with the Dow Jones Industrial Average climbing to a record intraday high of 45,203.52, up 0.3%, driven largely by a surge in healthcare stocks. The standout story was UnitedHealth (UNH), which soared over 11% after Warren Buffett's $1.57 billion stake became public, signaling strong institutional confidence. Even amid a 0.9% jump in July's Producer Price Index (PPI) and rising 10-year Treasury yields at 4.29%. U.S. stock markets opened Friday on a cautiously optimistic note, balancing strong corporate moves against lingering inflation concerns. Investors kept a close eye on sector rotations, big-name earnings, and the market-moving action of Warren Buffett's Berkshire Hathaway. The Dow Jones Industrial Average climbed to fresh intraday highs, boosted largely by a surge in healthcare stocks, while the S&P 500 inched upward, marking another record close for the year. Meanwhile, the Nasdaq Composite edged lower as tech investors digested mixed earnings and cautious forecasts from major semiconductor companies. The spotlight, however, was on UnitedHealth, which skyrocketed more than 11% after Buffett's $1.57 billion stake became public, signaling renewed confidence in the healthcare sector. Traders also grappled with July's inflation data, as the Producer Price Index (PPI) jumped 0.9%, surpassing forecasts and keeping Treasury yields elevated. This combination of strong corporate maneuvers and persistent economic pressures created a dynamic, high-stakes trading environment, highlighting the delicate balance investors must strike between risk and opportunity in today's markets. On Friday, August 15, 2025, U.S. stock markets experienced a mixed session, reflecting investor caution amid inflation concerns and sector-specific movements. The Dow Jones Industrial Average reached an intraday high of 45,203.52, marking its first record high since December 2024. This surge was driven by significant gains in healthcare stocks, particularly UnitedHealth, following Berkshire Hathaway's $1.57 billion investment. Despite this, the index closed slightly higher, indicating a cautious optimism among investors. The S&P 500 index closed at 6,468.54, achieving a new closing high. This modest gain was supported by strong earnings reports from sectors like consumer discretionary and healthcare. However, broader market concerns, including rising inflation and interest rate uncertainties, tempered investor enthusiasm. The Nasdaq Composite ended the day at 21,710.67, experiencing a slight decline. This dip was attributed to profit-taking in technology stocks and cautious outlooks from semiconductor companies like Applied Materials, which lowered its fourth-quarter forecast. The Dow Jones Industrial Average climbed 0.3%, hitting fresh intraday highs as investor confidence surged. S&P 500 inched up 0.1%, marking its 18th record high of 2025, while Nasdaq Composite dipped 0.1% as technology stocks faced profit-taking pressures. The standout story of the day: Berkshire Hathaway's $1.57 billion purchase of 5.04 million UnitedHealth shares. This strategic investment sent UnitedHealth (UNH) stock soaring more than 11% in after-hours trading, underlining Buffett's continued influence on investor psychology. Analysts noted that despite regulatory scrutiny and rising healthcare costs, Berkshire's move signals long-term confidence in the health insurer's growth and stability. Insider perspective : 'Buffett isn't chasing short-term gains. His bet on UnitedHealth reflects faith in durable healthcare demand and the company's robust cash flow,' said financial strategist Laura Chen, noting that this could reshape institutional flows in healthcare stocks. Economic releases added complexity to the market's direction: Retail sales in July rose 0.5%, in line with expectations, reflecting steady consumer activity. in July rose 0.5%, in line with expectations, reflecting steady consumer activity. Producer Price Index (PPI) jumped 0.9% in July, exceeding forecasts of 0.2%, hinting at persistent inflation pressures that could keep Federal Reserve interest rate policy in focus. jumped 0.9% in July, exceeding forecasts of 0.2%, hinting at persistent inflation pressures that could keep in focus. Empire State Manufacturing Index surged to 11.9, signaling stronger-than-expected industrial activity. The 10-year Treasury yield climbed to 4.29%, reflecting bond market caution as traders weigh inflation against economic growth. Rising yields typically put pressure on tech and growth sectors, which partly explains Nasdaq's mild decline. Semiconductor stocks were under pressure on Tuesday, with Nvidia (NVDA) down 1.46% at $179.36, Broadcom (AVGO) slipping 1.71% to $305.90, and AMD (AMD) losing 2.36% to $176.68. Only Texas Instruments (TXN) bucked the trend, rising 0.69% to $195.05. The decline comes after President Donald Trump signaled looming tariffs on semiconductor chips, warning they could be implemented as soon as this week. Speaking on CNBC's Squawk Box , Trump emphasized that the U.S. may impose tariffs on imported chips, rattling investors and raising concerns about supply chain disruptions and higher costs for tech companies. This policy uncertainty has created selling pressure across major chipmakers, despite strong fundamentals in the semiconductor sector. Traders are weighing the potential impact of tariffs against ongoing demand for AI, cloud computing, and consumer electronics chips, leading to a cautious market mood. Healthcare : UnitedHealth's surge fueled a broader sector lift. Investors are watching insurers for resilient cash flows in a climate of rising medical costs. : UnitedHealth's surge fueled a broader sector lift. Investors are watching insurers for resilient cash flows in a climate of rising medical costs. Technology : Mixed signals. Applied Materials (AMAT) fell over 10% after a cautious Q4 forecast, underscoring semiconductor sector uncertainty. Meanwhile, Sandisk dropped 10% despite beating earnings, reflecting caution on guidance. : Mixed signals. fell over 10% after a cautious Q4 forecast, underscoring semiconductor sector uncertainty. Meanwhile, dropped 10% despite beating earnings, reflecting caution on guidance. Retail: Amazon (AMZN) gained 2.9%, benefiting from its expansion into same-day grocery delivery, signaling resilience in consumer-focused e-commerce amid inflation concerns. Insight : Sector rotation is becoming a defining feature of August trading. Investors are moving toward stable, cash-generating industries while selectively trimming high-growth, higher-volatility positions. Buffett's Healthcare Signal: UnitedHealth's dramatic rise isn't just a one-off. Long-term investors may see this as validation for the healthcare sector, particularly large-cap insurers with diversified revenue streams. Inflation Watch: PPI's sharp rise keeps inflation front and center. Investors may need to weigh bonds, financials, and value stocks more heavily than growth-oriented tech. Earnings and Guidance: Corporate forecasts are shaping market sentiment. The sharp reactions from AMAT and Sandisk demonstrate how sensitive investors are to guidance, not just reported earnings. For everyday investors, the key takeaway is focus on resilience and fundamentals. Stocks with strong cash flow, transparent guidance, and long-term growth potential are likely to outperform in a mixed economic climate. Closing Price: $303.26 (+11.7%) $303.26 (+11.7%) Intraday Range: $295.00 – $307.90 $295.00 – $307.90 Volume: 33,704,654 shares UnitedHealth's stock surged following Berkshire Hathaway's $1.57 billion investment, signaling renewed confidence in the healthcare sector. Closing Price: $162.84 (-13.5%) $162.84 (-13.5%) Intraday Range: $160.00 – $167.30 $160.00 – $167.30 Volume: 14,834,162 shares Applied Materials' stock dropped after it forecasted a range of revenue for the current quarter well below Wall Street's consensus estimate. Closing Price: $231.33 (+0.15%) $231.33 (+0.15%) Intraday Range: $231.11 – $233.97 $231.11 – $233.97 Volume: 15,773,282 shares Amazon's stock remained stable amid expansion into same-day grocery delivery, aiming to compete with rivals like Walmart and Target. Friday's market action underscores a dynamic balance between bold corporate moves and economic caution. Buffett's UnitedHealth stake reminds investors that quality and resilience matter, even when the broader market jitters over inflation and sector rotation. Meanwhile, rising yields and mixed earnings keep the need for selective, informed investing at the forefront. Q1: Why did UnitedHealth stock rise sharply today? UnitedHealth surged over 11% after Buffett's Berkshire Hathaway bought $1.57 billion shares, boosting investor confidence. Q2: How did inflation data affect Dow and Nasdaq today? PPI rose 0.9% in July, raising Treasury yields and influencing mixed moves in Dow, S&P 500, and Nasdaq.
Time of India
2 hours ago
- Time of India
Applied Materials' shares sink on weak China demand, tariff uncertainty
By Kanchana Chakravarty Applied Materials shares slid about 15% in premarket trading on Friday after the company issued disappointing sales and profit forecast, stoking investor concerns that the U.S.-China trade dispute was eroding demand. The chip-equipment maker joined Dutch rival ASML Holding in flagging continued uncertainty over the impact of U.S. tariffs, as two of the industry's biggest players grapple with weakening demand. Applied Materials CEO Gary Dickerson flagged lower visibility and increased uncertainty in the near-term during a post-earnings call, citing "wide-ranging implications for the semiconductor industry " from the dynamic policy environment. China, Applied Materials' top revenue source in the July quarter accounting for 35% of sales, has emerged as a growing risk for chipmaking tool suppliers as U.S. export restrictions weigh on new orders. Smaller rival KLA Corp, which also has a significant presence in China, said last month it expects softer demand as Sino-U.S. trade tensions weigh on spending by Chinese chipmakers. "China volatility is significantly clouding visibility into core earnings potential both geopolitically and cyclically," Deutsche Bank strategists said in a note. Applied Materials expects revenue of $6.70 billion, plus or minus $500 million, for the fourth quarter, compared with analysts' average estimate of $7.33 billion, according to data compiled by LSEG. Its projected profit also came in below estimates. If current losses hold, the company is set to lose more than $22 billion of its $151.06 billion market value as of Thursday's close. analyst Harlan Sur, however, noted the slowdown in China demand and erratic orders from major foundry customers are "more a reflection of timing of spending rather than structural issues." The stock has risen 15.7% so far this year, compared with a 12.5% increase in the Nasdaq index and a nearly 10% gain in the S&P 500 index. Shares of chip-equipment makers KLA Corp and Lam Research fell more than 5% each after Applied's results. The company's third-quarter revenue rose 8% to $7.30 billion from a year ago, beating estimates of $7.22 billion. Applied's stock trades at 19 times its estimate for earnings per share over the next 12 months, according to data compiled by LSEG. This trails ASML's ratio of 26.04 times similar earnings estimate, Lam's 23.56 and KLA's 26.82.
