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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…

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2 mins read

Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs ₹18,168 cr

Shares of Wipro on Monday jumped nearly 14 per cent, adding Rs 18,168.68 crore to its market valuat…

PTI   


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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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1 min read

Pidilite Industries Q4 profit rises to ₹304 crore

For the full 2023-24 fiscal, its PAT stood at Rs 1,747 crore, which was 36 per cent higher comp…

PTI   


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IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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Paytm registers 25% growth in revenue at ₹9,978 crore in 2023-24

One 97 Communications, that operates popular fintech brand Paytm, reported a 25 per cent rise in re…

ANI   


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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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Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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Tata Power net profit up 31% to ₹1,189 crore in June quarter

According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in…

PTI   


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Elon Musk cancels trip to India as Tesla's struggles continue in the US

Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 earni…

BI India Bureau   


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Wipro’s revenues fall 2% in Q2, guides for a steeper fall in Q3

​​Wipro has reported a 2% sequential fall in constant currency revenues for the July-September quar…

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Wipro CEO expects revenues to rebound in the next few quarters

After Wipro posted a sequential revenue fall for the third consecutive quarter, its CEO Thierry Del…

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Stock market closing: Sensex climbs over 1,000 points to close the week, Nifty ends the day at over 24k mark

Most broad market indices closed the day in green, with Nifty Next 50 inching up by 1.82%, Nifty 10…

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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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SBI Life Q4 profit rises 4% to ₹811 crore

Net premium income in Q4FY24 stood at Rs 25,116 crore as against Rs 19,897 crore in the year-…

PTI   


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Adani Enterprises Q4 net falls 37%; incubating businesses show strong momentum

While incubating businesses like new energy and airports showed strong momentum, the firm suff…

PTI   


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Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback

Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…

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2 mins read

The bar for earnings is low, and stocks should rise as long companies are feeling upbeat about lower rates, BofA says

"As long as companies have managed through macro headwinds and see early signs of improvement from …

Kelly Cloonan   


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IT demand is ‘normalising’ after pandemic highs, says Wipro CEO

Tech major Wipro’s MD & CEO Thierry Delaporte said on Thursday that technology investments are norm…

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Infosys market valuation jumps by Rs 20,843 crore after earnings announcement; Shares climb nearly 5%

The Infosys stock has emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms.

PTI