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2 mins read

Nestle India Dec quarter profit rises over 4% to ₹655.6 crore

FMCG major Nestle India Ltd on Wednesday reported an increase of 4.38 per cent in its net profit at…

PTI   


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5 mins read

SBI Q4 results: India’s largest lender posts record quarterly net profit of ₹16,695 crore, up 83% YoY

State Bank of India (SBI) on Thursday posted its highest-ever standalone quarterly net profit of ₹1…

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Hindalco shares slump 13% after Novelis results

Hindalco Industries shares slumped 13 per cent on Tuesday after its subsidiary, Novelis reported a …

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The Fed is focusing on 'flawed' data and keeping rates high will result in a big policy mistake, economist says

Various indicators show the Fed may be looking at the wrong data points to inform its higher-for-lo…

Yuheng Zhan   


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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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2 mins read

Vodafone Idea shares in deep red as an uncertain future looms

Shares of the company were trading at ₹9.30, down 6.5% at 10:06 a.m. The company highlighted…

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1 min read

Stock market today: Futures gain ahead of final inflation data before the Fed's March meeting

Stocks are set to open higher as Wall Street looks to the last batch of inflation data before the F…

Polly Thompson   


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3 mins read

Tata Steel’s net profit declines in Q1 on the back of rising raw material costs

Tata Steel on Monday reported a sharp decline in its consolidated profit in the first quarter of fi…

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3 mins read

'The AI party is just getting started': Here's what Wall Street expects from Nvidia's 4th-quarter earnings

"We believe peak spending is still ahead for the AI market as many enterprises head down the AI use…

Matthew Fox   


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Reliance Retail reports a second consecutive quarter of declining profits

Reliance Retail — a subsidiary of Reliance Industries Limited (RIL) — has reported its best quarter…

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Slowdown in hiring by IT companies to continue at least till March 2024

India’s technology services sector, which has been the engine of white collar jobs in India, is slo…

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1 min read

Paytm may see profitability in March, two quarters ahead of expectation; Goldman Sachs raises target price

Paytm is expected to be adjusted EBITDA positive in March 2023, two quarters ahead of the estimates…

ANI   


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P&G spent Rs 12,958 crore on advertising and sales promotion during Jan-March 2021

The company delivered sales of ₹760 crores, up 16% from last year

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Mahindra and Mahindra sees a ₹2,700 crore dent from Ssangyong and other global subsidiaries

“The Company has recognised a loss of ₹2,780.47 crore as 'Exceptional items' on account of impai…

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3 mins read

Mahindra & Mahindra investors hope tractors will save the day⁠— and the year

One of India’s largest automakers Mahindra & Mahindra is all set to announce its fourth-quarter…

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3 mins read

Adani group EBITDA grows 42% in the first quarter of FY24

Billionaire Gautam Adani's conglomerate clocked a 42 per cent year-on-year growth in pre-tax profit…

PTI   


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3 mins read

Maruti Suzuki saw a sales decline of 16% in Jan-March⁠— investors wait to see the margin squeeze

On March 22, the government announced a nationwide lockdown to deal with the COVID-19 pandemic a…

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2 mins read

As expected, Maruti Suzuki’s profit falls 28% as slow sales hit productivity while costs remained steady

Although the coronavirus lockdown period was just for one week in the relevant period, it is…

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3 mins read

Fevicol, MSeal, and Dr Fixit make over ₹3,000 crore a year in revenue — but that’s not enough for Pidilite to recover from COVID crisis

These products are widely used by carpenters, painters, plumbers, mechanics, households, student…

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2 mins read

Hero Motocorp share price plummets 2% after its lowest profit in at least the last six quarters

Hero Motocorp, the largest two-wheeler manufacturer, shares declined over 2% on Wednesday after the…