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Aurum PropTech crosses Rs 500 crore annualised recurring revenueAurum PropTech reported strong revenue growth and crossed a major ARR milestone while posting consecutive profitable quarters. Margin expan...- Weak credit growth and rate cuts to squeeze profit at HDFC, ICICI banksIndian markets face pressure as the Reserve Bank of India's rate cuts impact margins. Finance Minister Nirmala Sitharaman urges government ...
- Finland's Neste to slash around 600 jobs as quarterly core profit slumpsFinnish oil refiner Neste plans to cut around 600 jobs due to declining renewable fuel prices and excess supply, resulting in a significant...
- European refiners' golden era draws to end as demand sagsEuropean oil refiners TotalEnergies and Neste reported declining profit margins due to reduced demand for diesel and gasoline. TotalEnergie...
- Nestle India Q1 Results Preview: PAT may grow 13% YoY; margins to expand on deflation in pricesAnalysts estimate an EBITDA margin expansion anywhere between 90 bps and 237 bps, due to sharp deflation in palm oil and milk prices and op...
- Aurum PropTech Q1 net loss 10.7 cr in April-June, revenue up 45%Aurum PropTech, controlled by Aurum Ventures, reported a net loss of Rs 10.7 crore for Q1 June, improved from Rs 16.1 crore a year ago. Tot...
- Industrials lift European shares to record high ahead of US inflation dataEurope's benchmark index climbed to a record high on Wednesday, as upbeat earnings boosted industrials and healthcare stocks, while investo...
- Cognizant extends partnership with biopharma firm Gilead, estimated deal size at $800 millionGilead has partnered with Cognizant for more than three years now to adopt technologies designed to run business operations, new product la...
- Infosys signs five-year AI deal with $2 billion target spendThis comes a few days ahead of its first quarter results scheduled to be announced on Thursday, Infosys pegged its FY24 growth around 4-7%-...
- TCS, HCLTech Q1 results today: Here’s what you can expectAnalysts will be watching for commentary on demand in key markets like the UK and US apart from further signs of deal rampdowns or cancella...
- European shares hit nine-month high on upbeat cues from Fed's PowellPowell's remarks that 2023 should be a year of "significant declines in inflation" was interpreted as less hawkish than feared, although he...
- European stocks slip ahead of ECB decision, Credit Suisse drops on turnaround plansInvestors are awaiting the European Central Bank's policy decision, due at 1215 GMT, with traders almost fully pricing in a 75 basis point ...
- 6 key takeaways from Nestle India March quarter resultsNestle India said its net profit for the March quarter fell 1.25 per cent year-on-year (YoY) to Rs 594.71 crore compared with Rs 602.25 cro...
- Buy Godrej Consumer Products, target price Rs 1140: Motilal OswalGodrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 99794.66 Crore) operating i...
- Buy Godrej Consumer Products, target price Rs 1020: Motilal OswalGodrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 87489.04 Crore) operating i...
- Market Movers: Are ITC investors the eighth wonder of the world? Blockbuster day for MothersonAnalysts said ITC’s FMCG business did poorly on the margin front.
- Neutral on Nestle India, target price Rs 16,440: Motilal OswalNestle India Ltd., incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 164426.88 Crore) operating in FMCG sect...
- Neutral on Nestle India, target price Rs 16,385: Motilal OswalAccording to the brokerage, the longer-term narrative of Nestle India’s top line and earnings growth remains extremely attractive.
- Stocks in the news: Kirloskar Oil, DHFL, Jet Airways, HDFC and Axis BankHere’s a list of stocks which may hog limelight in today’s session.
- CPCL sees low refining margins, to cut operational costCPCL, a group company of Indian Oil, is seeing low refining margins in the current quarter as the demand for its products is still sluggish...
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