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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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6 mins read

TCS Q4 constant currency revenue growth hits a 11-quarter low

IT major Tata Consultancy Services (TCS) on Wednesday reported a 13.7% growth in its revenue in con…

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PFC Q4 profit grows 23% to ₹7,556 crore

Total income rose to Rs 24,176.34 crore from Rs 20,074.11 crore in January-March FY23. Expenses…

PTI   


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TCS flags pain in US markets, says banking sector crisis has led to cuts in discretionary spending

Indian IT bellwether Tata Consultancy Services (TCS) struck a note of caution and flagged concerns …

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With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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Client meetings 'start and stop with ChatGPT' says India's largest IT company

ChatGPT and artificial intelligence in general, will play a significant role in shaping the way IT …

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Canara Bank Q4 profit rises 18% to ₹3,757 crore

During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…

PTI   


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TCS kicks off earnings season by declaring dividend and matching analyst's muted expectations

TCS has reported a growth of 16.8% to ₹11,074 crore in net profit and a 12.5% rise in revenue from …

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HCL Tech surges on better than expected earnings, Wipro hits 52-week low on disappointing Q3 guidance

HCL Tech’s shares surged a day after the company raised its earnings guidance for FY23 after a stro…

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1 min read

Fintech unicorn InCred reports 132% growth in profit in Q3 FY24

Fintech unicorn InCred on Wednesday reported 132 per cent growth in profit before tax to Rs 298 cro…

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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   


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Moonlighting is an ethical issue says TCS HR head

TCS reported a surge in attrition rates in the September quarter – at 21.5%, it is the highest in t…

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4 mins read

Telecom companies’ Q4 revenue likely to moderate due to lack of significant tariff hikes

Indian telecom companies are likely to report a moderation in Q4 earnings amidst a lack of signific…

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SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities

According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…

ANI   


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India’s GDP forecast raised but El Nino, export contraction threats hover

Economists now have a more optimistic outlook on India’s growth prospects after the ‘pleasant surpr…

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Bank earnings could see a further ramp up in Q3, say analysts

Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…

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5 mins read

RIL’s Q4 to be driven by sustained momentum in retail business, O2C to see modest growth

Mukesh Ambani-led Reliance Industries’ March-quarter results are expected to be driven by sustained…

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1 min read

India's GDP grows at 4.4% in Q3; economy to expand at 7% in FY23: Govt data

India's economic growth slowed down to 4.4 per cent in the third quarter of 2022-23 mainly due to p…

PTI   


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SpiceJet’s Q3 net profit jumps 162% to ₹110 crore on air travel recovery, shares surge 13%

Low-cost carrier SpiceJet posted a 162% surge in net profit to ₹110 crore for the December quarter,…

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No long-tail effect: Zomato banks on demand recovery in future, even as it shuts operations in 225 cities on poor performance

Food delivery platform Zomato has ceased operations in 225 smaller cities as their performance was …