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LTM profit dips marginally, revenue up 13.6% YoYRevenue recorded healthy growth on a year-on-year (YoY) basis by 13.6% to Rs 11,807.6 crore supported by financial services, consumer and p...
Cult.fit receives Sebi approval for proposed IPOCult.fit has received Sebi observations for its proposed IPO, comprising a fresh issue of up to Rs 950 crore and an offer for sale. Revenue...
These large- and mid-cap stocks can give more than 20% return in 1 year, according to analystsThe next few weeks are critical, and one should not be in a hurry to make market-related decisions. Better to be cautious – to wait and wat...
Stocks in news: RIL, Wipro, Jio Financial, Tata Communications, YES Bank, PNBFrom a technical perspective, the 23,000–23,100 zone remains an immediate resistance level for the Nifty, according to Ponmudi R, CEO of En...
Wipro Q2 net profit falls marginally to Rs 3,200 crore; revenue grows 9% to Rs 24,753 croreBengaluru-based Wipro said the business environment was weak and unchanged in the past quarter, when it reported its weakest deal wins in 1...
What Akash Ambani said on Jio tariff hikes ahead of record IPO launchAkash Ambani said Jio can raise mobile tariffs but prefers growing revenue through digital services, broadband and enterprise solutions. Ah...
Tech Mahindra announces 1:1 bonus issue, Rs 15 interim dividend; check record dateTech Mahindra announced a 1:1 bonus share issue and Rs 15 interim dividend as it celebrated its 40th anniversary. The company expects bonus...
Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free statusJio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net debt-free status. Akash Ambani al...
Jio IPO: 5 strengths that put the Reliance-backed digital giant in spotlightReliance Jio Platforms has highlighted five key strengths in its RHP ahead of its Rs 30,213 crore IPO, including strong revenue growth, pro...
After US, India is easiest place to list a company, says Blackstone president and COO Jonathan Gray, eyes $100 billion investment in the countryBlackstone's president and chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He...
AI job-loss fears are ‘hogwash’, says Infosys chairman Nandan NilekaniNandan Nilekani has expressed optimism about the impact of artificial intelligence on employment in India. He argues that while AI automate...
TCS dividend alert! Last day to buy IT major's shares for Rs 12 dividendThe company last week declared the interim dividend, along with the Q2 results that kickstarted the September quarter earnings season for t...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%A piece of advice for those who still have the stomach to invest in the current volatile market. Don’t take any price action as the gospel ...
TCS shares rally 6% in 2 sessions after Q2 results. What are technicals indicating for the IT major?TCS reported a 15% year-on-year rise in consolidated net profit to Rs 13,884 crore and declared an interim dividend of Rs 12 per share.
Don't see US acting against tech companies based on their domicile: TCSTCS does not expect the US to target technology companies based on whether they are Indian or American, with CEO K Krithivasan saying recen...
US green card suspension: TCS, Infosys, Wipro, other IT firms' PERM applications already on declineIndian IT companies are experiencing a significant decline in green card applications this year due to a recent suspension. Major firms lik...
US visa curbs may shift higher-value tech work to India, says former HCL Tech CEO Vineet NayarRestrictions imposed by the US on major technology companies may prompt a shift in high-value technology work to India. Vineet Nayar highli...
IT Q2 preview: Muted growth, steady margins likely; deal conversion, AI deflation in focusResearch advisory UnearthInsight expects the top-five IT companies to grow 0.5-1% quarter-on-quarter in the second quarter of FY27, with li...
IT Q2 review: Muted growth, steady margins likely; deal conversion, AI deflation in focusIndia's leading IT firms are projected to exhibit modest revenue growth and stable margins for the second quarter. Analysts anticipate that...
IT companies forecast to post muted second quarterSector leader Tata Consultancy Services and its nearest rival, Infosys, are projected to report weak numbers for the three months ending Se...