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1 min read

Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal

As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…

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Nykaa’s net profit grows 44% QoQ to ₹7.8 crore; discounting rises in BPC category

FSN E-commerce ventures, the operates beauty retailer Nykaa, on Monday reported a 44% sequential gr…

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3 mins read

TCS revenue falls QoQ for the first time in 4 years; announces ₹17,000 crore buyback

TCS disappointed the street as it reported a 0.2% sequential fall in second quarter dollar revenues…

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Reliance Jio Platforms Q2 net profit rises 3.9% QoQ to ₹5,297 crore

India’s top telecom company Reliance Jio Infocomm reported a 4% sequential growth in its net profit…

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3 mins read

Jio Platforms’ Q1 PAT rises 2.3% QoQ with a flat growth in ARPU

Reliance Jio reported a 3.1% sequential growth in the net profit for the first quarter of FY24 to ₹…

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2 mins read

A 'healthy' growth in cigarettes vertical helped ITC beat earnings estimates

After a challenging FY2020-21, and despite repeated disruptions this year, the business progressive…

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1 min read

Goldman Sachs sets target price of ₹3,200 for RIL stock with a 22% upside

RIL is adopting a manufacturing approach to net zero-emissions with a hyper integrated model spanni…

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2 mins read

Cognizant reports 12.7% profit growth QoQ, but lowers revenue guidance for the year

Nasdaq-listed Cognizant’s net profit grew 12.7% sequentially to $577 million in the second quarter …

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Office absorption jumps 18% QoQ, Bangalore tops the charts

The percentage for this increase in office absorption was 18% increase QoQ, in which Bangalore turn…

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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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Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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Cement prices will be hiked and demand will grow in H2FY25 : Centrum report

Cement demand is likely to grow by 5 per cent in FY25, and few more round of price hike by companie…

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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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2 mins read

IndiGo's bottom-line turns red for Q2, high fuel costs, and forced groundings main reason

The main reason behind the carrier running into reds during the second quarter of FY25 was high fue…

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Nifty, Sensex open in green, RBI policy announcement to drive markets today

On Wednesday, the Indian stock market exhibited a positive atmosphere at the opening bell, reflecti…

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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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Stock market today: Sensex trading at 80k points, Maruti, Adani Ports take lead

As for sectoral indices, Nifty PSU Bank led by 1.11%, while IT, private bank, and oil and gas were …

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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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16% YoY surge in rents across 13 major Indian cities, Greater Noida, Gurugram lead: Magicbricks Report

The quarterly report also notes a 2.8 per cent Quarter-on-Quarter (QoQ) increase in rents, followin…

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