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HCL Tech Q1 results: Company reports better than expected results, revenue jumps 6.7% YoY

In FY25, the company expects its revenue growth to be in the range of 3-5% on a year-over-year basi…

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TCS Q1 results 2024: Contract values, net profits take a hit as PAT, employee count sees hike

On expected lines, the IT giant's net profit is down by 3.2% on a quarter-on-quarter (QoQ) basis, …

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Things aren't looking great at Gucci, and Kering says its APAC slump is to blame

The Italian luxury brand saw a 25% drop in quarterly revenue as compared to a year before.

Aditi Bharade   


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4 mins read

4 ways Europe's Airbus is faring better than Boeing

Airbus just posted a $1 billion quarterly profit, compared with Boeing's $6 billion loss, and appea…

Pete Syme   


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Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs

Wall Street analysts are mostly bullish heading into Amazon's earnings report. AWS is a bright spot…

Filip De Mott   


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Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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Happiest Minds Tech Q4 profit up 25% to ₹72 cr, co hopes to see growth in GenAI vertical

Revenue from operations for the reporting quarter stood at Rs 417.29 crore, as against Rs 377.9…

PTI   


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TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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1 min read

TCS kicks off Q3 earnings with better than expected show, announces special dividend

IT bellwether, TCS, has kicked off the Q3FY24 earnings season on Thursday reporting revenue of ₹60,…

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LTIMindtree Q1 net profit rises 4.1% to ₹1,152 crore, revenue up 14% YoY

Technology consulting and digital solutions company LTIMindtree posted a 4.1% year-on-year rise in …

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5 mins read

Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…

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2 mins read

'Valuation looks increasingly unsustainable': Here's how Wall Street is reacting to Tesla's third-quarter earnings miss

"Tesla has not sold more vehicles than was earlier expected as a result of the 15-20% price cuts it…

Matthew Fox   


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Trent Q3 net profit rises two-fold to Rs 370.6 crore

Tata Group retail firm Trent Ltd on Wednesday reported a two-fold rise in consolidated net profit t…

PTI   


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Get ready for years of terrible stock-market returns as 2 key tailwinds fade, Fed economist warns

S&P 500 investors have benefited from declines in interest rates and corporate tax rates for decade…

Theron Mohamed   


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Credit metrics of India Inc. to improve in October-December quarter: ICRA

ICRA expects the credit metrics of India Inc. to show slight sequential improvement in October-Dece…

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Waldies Reports Stellar H1 2024 Results, Anticipates Rs 370 Crores in FY2024 Revenue, Completes 165th Year of Operation, Growth At 90 per cent YoY

Kolkata (West Bengal) [India],Waldies Compound Limited, a leading player in the speciality chemical…

ANI   


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8 mins read

Critics roasted LVMH for spending big on Tiffany. 4 years later, the bet doesn't look so bad.

LVMH's $15.8 billion Tiffany takeover was its biggest ever — and met with high expectations. But it…

Madeline Berg   


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1 min read

Tesla is the most shorted stock in the market - and investors have bet against it more than any other name for 3 straight months

Elon Musk's EV maker topped the list of most shorted US large-cap stocks for a third consecutive mo…

Phil Rosen   


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4 mins read

PV sales to shift gears courtesy festive season but 2-wheelers’ struggles to continue

The auto sector has been recovering, albeit slowly, after the pandemic. The second quarter of the c…

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Mid-tier IT companies expected to outperform the big guns

Indian mid-tier IT companies, including L&T Technology Services, Persistent Systems, and Coforge, a…