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Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair priceNomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The ...
Cancer drugs may get up to 70% cheaper as govt fixes trade margins on non-scheduled medicines at 30%The government is aiming to cap trade margins on anti-cancer medications at 30%. An expert committee has been tasked with compiling a repor...
US stocks: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weighUS stock indices slid on Thursday as crude oil prices surged, prompted by intensifying Middle East tensions. Major benchmarks, including th...
TCS Q2 profit rises 15% to Rs 13,884 crore as AI revenue doubles; growth remains subduedTCS reported a 15% year-on-year rise in September-quarter net profit to Rs 13,884 crore, while revenue grew 11.2% to Rs 73,188 crore. AI se...
- PepsiCo to cut costs as weak North America business hurts annual core profit forecast
PepsiCo is gearing up to implement further cost-cutting measures in response to rising input costs and a slowdown in consumer demand. CEO R...
TCS shares jump 3% ahead of Q2 results. 5 things investors should watch out forTCS Share Price: According to the average of seven brokerages, TCS revenue is likely to grow about 13% YoY, while profit may rise around 9%...
TCS Q2 Results Preview: Can the IT bellwether show enough growth to calm investors?Tata Consultancy Services is scheduled to release its second-quarter results on October 8, with analysts predicting a year-on-year revenue ...
Jefferies sees 76% upside in Kalyan Jewellers in bull case; here is whyJefferies has reiterated a Buy rating on Kalyan Jewellers, setting a base target of Rs 830 and a bull-case target of Rs 1,000, implying a 7...
Ontario immigration update: C$80,000 earners get 10 points under new Canada PR pathwayIn a significant update to the Ontario Immigrant Nominee Program, Ontario has increased the points available for candidates with higher sal...
India set to be ServiceNow's fastest-growing market in AsiaThe California-based company employs 6,000 people in India – a fifth of its global workforce. India handles 45% of the company’s global del...
- US stocks: S&P 500, Nasdaq reach record closing highs as focus pivots to earnings
The US stock market finished on a high note, buoyed by stabilizing crude prices and easing Treasury yields, offering much-needed relief to ...
A Minnesota couple built a business around rice harvested from lakes and rivers. Now it eyes $50,000 more in annual revenueThe Minnesota family business is among 26 recipients of an Entrepreneur Fund grant programme that awarded $450,000, with support from the W...
UPI MDR spurs soundbox expansion beyond metrosThe industry has scope to increase soundbox deployments from about two crore to five crore over time, a top official at the National Paymen...
HFCL stock triples in 6 months as AI, defence orders boost outlookThe stock of HFCL is soaring, attributed to remarkable achievements in optical fibre cables and defence electronics sectors. With a new rev...
Godrej Consumer expects high-teens revenue growth in Q2 despite inflationary pressuresGodrej Consumer Products Ltd anticipates strong consolidated revenue growth in the upcoming September quarter. This expected growth is driv...
TCS, Infosys and other IT stocks in focus after Accenture Q4 revenue, outlook beat estimatesIndian IT stocks including TCS and Infosys are in focus following Accenture's strong Q4 results and above-estimate revenue guidance. While ...
Synopsys shares jump on robust growth outlook, OpenAI and AWS dealsSynopsys shares jumped 10% on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit above analysts' estimat...
Accenture sets annual revenue growth forecast at 3-6%, above estimatesAccenture anticipates full-year revenue growth between 3% and 6%, exceeding analysts' estimates of 3.9%. In the fourth quarter, Accenture r...
Infosys, Wipro ADRs soar up to 8% as strong Accenture earnings forecast lifts moodInfosys and Wipro ADRs rallied in US premarket trading after Accenture forecast stronger-than-expected annual revenue growth. Its upbeat ou...
AI pressure, client caution cloud Indian IT earnings in September quarterIndia's top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-indu...