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5 mins read

Sensex, Nifty50 end higher powered by L&T, HDFC twins

India’s benchmark indices Sensex and Nifty50 closed higher on Tuesday led by gains in shares of ind…

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3 mins read

UltraTech Cement’s profit tumbles 42% YoY to ₹756 crore due to higher power, raw material costs

India’s largest cement manufacturer UltraTech Cement today reported a 16% rise in second quarter re…

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6 mins read

Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23

India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…

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3 mins read

It is attrition rates and not the wage hikes dampening Indian IT cos earnings

The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…

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3 mins read

Maggi maker Nestlé India’s net profit grows 8.3% to ₹668 crore in Q2

FMCG major Nestlé India reported an 8.3% growth in second quarter net profit to ₹668 crore as compa…

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4 mins read

Wipro’s net profit drops 17% drop in Q1 as recession fears grip its non-US clients

Indian IT services major Wipro reported a 17% sequential drop in its net profit on recession fears.…

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3 mins read

Airtel shares jump by 10% despite an unexpected quarterly loss

The share price of Bharti Airtel jumped by 10% even as the company posted an unexpected quarterly l…

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3 mins read

This Adani group stock has doubled in 12 months and has surpassed market cap of ITC, Maruti and L&T

Billionaire Gautam Adani-owned Adani Transmission hit a 52-week high today and has left behind top …

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5 mins read

Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector

Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…

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2 mins read

L&T Tech announces dividend of ₹14.50 even as revenue for the year dips by 3%

Highlights for Q4FY21 include: Highlights for FY21 include: Revenue at ₹54,497 million; …

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2 mins read

Vehicle price hikes to limit impact of rising input cost on OEMs, says India Ratings and Research

"The vehicle price hikes coupled with the cost rationalisation measures taken by OEMs to count…

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2 mins read

IBM may sell Watson Health business generating $1 billion annual revenue, says report

"Watson was one of IBM's highest-profile initiatives in recent years and a big bet on the grow…

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1 min read

ONGC to form new subsidiary to focus on gas and LNG business

Its Board of Directors has given its nod for the creation of the subsidiary company subject to n…

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2 mins read

Here's why analysts expect HCL Tech will outperform TCS, Infosys, and Wipro

The third quarter is generally not the strongest quarter of the year for most IT companies. Earni…

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5 mins read

ITC’s marketcap is back to ₹4 lakh crore after a 5-year gap

Shares of Kolkata-based FMCG-to-cigarette conglomerate have surged 47% in 2022 led by strong financ…

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3 mins read

Top stocks to watch— Dr Reddy's Laboratories, HDFC Bank, TVS Motor, Vedanta, IRCTC, L&T, Bharat Forge, HAL, and more

Indian stock market is likely to open on a tepid note, tracking subdued cues from global markets. A…

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1 min read

LTI Q3 net profit rises to Rs 376.7 crore

New Delhi, Jan 15 () IT company L&T Infotech (LTI) on Wednesday reported marginal increase in c…

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2 mins read

As tepid two wheeler sales hurt Bajaj Auto’s profitability, stock slides 4%

Shares of Pune-based two wheeler maker Bajaj Auto slipped 4% on Thursday as investors were disappoi…

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1 min read

Mindtree Q3 net profit up 3 pc to Rs 197 cr

New Delhi, Jan 14 () IT firm Mindtree on Tuesday reported a 3 per cent rise in consolidated net pro…

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