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INDIAN REVENUE SERVICE
RIL Q1 Results: Revenue up 25% YoY to Rs 3.11 lakh crore, profit beats Street estimatesRIL Q1 Results: Reliance Industries (RIL) Q1 results beat Street expectations as revenue surged 25% YoY to Rs 3.11 lakh crore, while EBITDA...
Reliance Jio Q1 Results: IPO-bound telco’s net profit rises 9% YoY to Rs 7,764 crore; ARPU climbs to Rs 215.6Reliance Jio Q1 Results: Jio Platforms reported a 9% YoY rise in Q1 FY27 net profit to Rs 7,764 crore, supported by higher ARPU, subscriber...
Reliance Retail Q1 results: Quick-commerce spends drag PAT 14% YoY to Rs 2,806 crore; revenue rises 7%Reliance Retail Q1 Results: Reliance Retail reported a 7.4% YoY rise in Q1 FY27 revenue to Rs 90,408 crore, while profit fell 14.2% as quic...
ITAT rules Cloudera Inc's software subscription revenue not taxable as royaltyThe ITAT has ruled that Cloudera's software subscription fees from Indian customers are not taxable in India as royalty or technical servic...
2 reasons why Infosys, TCS and other IT stocks are rising todayIndian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced...
Time to score own goals: India's GCCs create world-class research, but rarely own the IP that generates future wealthIndia's innovation challenge lies in foreign ownership of research assets. Global Capability Centers generate significant revenue but do no...
Cellecor Gadgets aims to achieve ₹5,000-crore revenue in three years: Ravi AgarwalCellecor Gadgets is aiming for ₹5,000 crore revenue within three years. Consumer appliances and smart TVs offer significant long-term growt...
Aswath Damodaran explains why country risk is no longer just an emerging market problemValuation expert Aswath Damodaran argues that country risk is no longer limited to emerging markets as global companies face political, leg...
Bonus issue alert! Paytm to consider first-ever bonus issue along with Q1 results on July 20Paytm parent One97 Communications will consider its first-ever bonus share issue alongside its June-quarter results on July 20. The proposa...
Paytm remains majority Indian-owned for 2nd consecutive quarterPaytm's domestic ownership rose to 51.6 percent in the June quarter. This increase reinforces its status as an Indian-Owned and Controlled ...
Wipro Q1 Preview: Under pressure from AI, what can investors expect from earnings?Wipro's Q1 earnings are expected to show a revenue rise, driven by acquisitions and currency. Core IT services revenue may decline sequenti...
TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sectorInfosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from soft...
Tax project delay hurt Q1 results, AI-led deflation behind us, says LTM’s LambuFinancial services and technology, which together account for 57% of revenue for India’s sixth largest IT service firm, each grew more than...
HCLTech FY guidance stays muted despite $2.4 billion deal momentumHCL Technologies reported marginally better than anticipated financial performance for the June quarter. The company announced a significan...
HCLTech’s Q1 net profit rises 20% to Rs 4,624 croreThe Noida-headquartered company reported a 12% growth in revenue year-on-year for the April-June period to Rs 34,579 crore, although it gre...
AI, Iran war risks weigh on Indian IT firms’ earnings outlookIndian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conf...