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5 mins read
Reliance reports Q1 net profit at Rs 16,011 cr as consumer businesses continue to shine
Reliance Industries (RIL) reported a net profit of Rs 16,011 crore for the quarter ended 30 June 20…
3 mins read
Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24
Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second quar…
3 mins read
Wipro clocks 12% net profit in Q1; attrition rate falls
Wipro has reported a consolidated net profit for Q1FY24 at Rs 2,870 crore. The IT major has guided …
4 mins read
Infosys shares tank over 9% post a disappointing Q4, analysts caution demand moderation ahead
IT services major Infosys’ shares tanked over 9% on Monday after the company’s disappointing March …
5 mins read
Infosys stock tumbles but analysts maintain ‘Buy’ rating on Infosys despite sharp cut in revenue guidance
Shares of Infosys fell by more than 8% on Friday in line with the 9% fall in ADRs on Thursday, afte…
1 min read
Mamaearth doubles PAT to Rs 30 cr in Q2 FY24, revenue up 21%
Honasa Consumer Ltd, the parent company of direct-to-consumer (D2C) skincare brand Mamaearth, has p…
6 mins read
Infosys sees 4-7% revenue growth in FY24 after it misses its FY23 guidance
IT major Infosys guided for a 4-7% revenue growth in FY24, after missing its own revenue guidance f…
3 mins read
Stock market closing: Sensex climbs over 600 points to close in green, LTIM, ONGC amongst top gainers
Amongst sectoral indices. IT inched up by 2.22%, while media was biggest loser, down by 3.57%. Real…
2 mins read
Stock market today: Sensex, Nifty open in red, media slips by 2% as IT manages marginal lead
In early morning trade, LTI Mindtree, Axis Bank, Infosys, Wipro, and Tech Mahindra gained significa…
4 mins read
Institutions shy away from real estate investments which dip by 40% in Q4 of FY24
Even as Indians’ love for buying homes refuses to die down, institutions seem to have a contra view…
2 mins read
India's balance of payments shows improvement in Q1 FY24
One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…
ANI
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…
1 min read
Tata Motors shares tank over 9%, mcap declines by ₹29,946.88 crore
On the NSE, it tanked 9.50 per cent to Rs 947.20 apiece. The company's market capitalisati…
PTI
2 mins read
Gaining market share in automation and cost optimisation deals: Infy CEO
After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…
3 mins read
Margin recovery likely an uphill task for Infosys after Q1 shock
India’s second largest IT services company Infosys reported a sequential decline in its net profit …
2 mins read
Reliance's financial unit Jio Financial Services valued at $21 billion
JFSL, the demerged financial services unit of Reliance Industries, was valued at about USD 21 billi…
PTI
4 mins read
Tata Motors Q4 consolidated net profit jumps over 3-fold at ₹17,528.59 crore
Total consolidated revenue from operations stood at Rs 1,19,986.31 crore, as compared to Rs 1,0…
PTI
4 mins read
M&M Q4 standalone net profit rises 22% YoY to ₹1,549 crore, misses estimates
Auto major Mahindra & Mahindra on Friday reported a 22% year-on-year (YoY) increase in Q4 standalon…
5 mins read
December quarter likely to be a weak one for the IT sector – Infosys amongst top analyst picks
As India’s largest IT company, Tata Consultancy Services (TCS) gets ready to kick off the earnings …
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…