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Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results

Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…

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Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%

At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…

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Devyani International reports Q1 profit of ₹224 crore

Revenue from operations in the quarter was Rs 1,221.90 crore as against Rs 846.63 crore in the …

PTI   


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Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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1 min read

Infosys Q1 net profit rises 7.1%, hikes FY25 growth outlook

Quarter-on-quarter the company's net profit fell 20 per cent from Rs 7,969 crore in the January-Mar…

PTI   


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VC investments, deals grew in India in Q1 despite fall in global activity: Report

Both venture capital (VC) investment and the number of VC deals grew in India in the first quarter …

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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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3 mins read

PE deals activity at a 15-month high in India, marking a shift trend: Grant Thornton

The private equity deals in India have picked up pace in the January-March 2024. With 307 deals tot…

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6 mins read

The Amazon Great Indian Festival 2024 – Best deals and offers

The ongoing Amazon Great Indian Festival 2024 sale is now live for Amazon Prime users. The sale bri…

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PE investments plunge by 75% in Q1 to $2.2 bn, fundraising hit too: Refinitiv

Private equity investments in India fell by 75% YoY to $2.2bn in Q1 2023, according to a Refinitiv …

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3 mins read

India’s deal activity in the slow lane in 2023 both in value & volume

India’s deal making activity saw a surge in November — both in terms of value and volume. With only…

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D-Street debuts rake in $1.77 bn in Q3; momentum to continue till general elections

The buzzing Indian initial public offer (IPO) market is the best globally, says a report by Ernst &…

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4 mins read

Deal Tracker: PE investments fall by 30% to $1.7 bn in September quarter, BFSI rules the roost

The September quarter of 2023 saw a total of 40 deals valued at $1.7 bn, which is a fall of 30% in …

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5 mins read

Progressives aren't quite sure how to deal with Jill Stein

The spat between AOC and Jill Stein comes after years of progressives growing their ranks within th…

Bryan Metzger   


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Wipro's first quarter show points to multiple battles ahead

Bangalore-based tech major Wipro will bear the brunt of the adversity, as it signalled another weak…

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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 …

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The startup landscape for deals is drastically changing

PE firms and acquihires are upending how deals typically get done for startups.

Dan DeFrancesco   


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1 min read

Global M&A transaction value rises in first half of 2024 despite fewer deals: S&P Report

Global mergers and acquisitions (M&A) have seen a notable increase in total transaction value durin…

ANI   


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TCS expects the BFSI needle to start moving this quarter

India’s largest IT company TCS says little has changed in terms of client sentiments on ground, as …

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3 mins read

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…