Persistent’s premium valuations hinge on sustaining growth momentum

The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down

Maruti Suzuki to drive in 8 SUVs in 5 years

Maruti Suzuki will introduce eight SUVs over the next five years taking its overall model range to 28 as it aims to regain 50 per cent market share in the domestic passenger vehicle segment, Suzuki Motor Corporation Representative Director and

Cognizant Sept qtr profit rises 7.3% to $5.4 billion

US-based IT major Cognizant, which has a substantial number of employees in India, on Wednesday reported a better-than-expected growth with its revenue rising 7.3 per cent year-over-year to $5,415 million for the quarter ended September 2025. Illustration: Dado Ruvic/Reuters In

L&T profit up 16% YoY; BHEL beats Street estimates

Q2 Results LIVE Updates: On the third-day of this earnings-heavy week with over 150 companies reporting results, the market will first react to a slew of results that were reported after closing hours on Tuesday. Tata Capital reported its first

Advent sells entire 2% stake in Aditya Birla Capital for ₹1,640 crore via block deal

BENGALURU: US private equity firm Advent International Corp. on Wednesday sold its entire 2% stake in Aditya Birla Capital Ltd (ABCL) via a block deal, raising about ₹1,638-1,640 crore. The stake comprises 53.2 million shares, which were sold by Jomei

India among UBS’ preferred bets amid positive EM outlook

UBS has turned bullish on emerging markets (EM), including India, as it finds benign macro trends, positive momentum in earnings revisions, and resilient EM currencies helping these economies sustain higher valuations and attracting flows. Photograph: Arnd Wiegmann/Reuters Among regions, it

Automation Takes the Lead, Hiring Trails

Eight of the top 10 employers showed a double-digit growth in fixed capital.Only one out of 10 showed a double-digit addition in employment. This illustration was generated using ChatGPT and is intended solely for representational purposes. Any resemblance to real

Industrial output growth remains firm at 4% in Sep

India’s industrial production growth remained steady at 4 per cent in September this year due to the good performance of the manufacturing sector, according to official data released on Tuesday. Photograph: Amit Dave/Reuters The factory output, measured in terms of

Technical glitch delays market opening at MCX

The Multi-Commodity Exchange faced disruptions to operations due to a technical issue on Tuesday, forcing it to commence trading over 4 hours late and shift operations to its disaster recovery site. Photograph: Vivek Prakash/Reuters The commodities bourse said that all

M&M Finance Q2 profit jumps 45% to ₹564 crore on strong NII, asset growth

Non-bank lender Mahindra & Mahindra Financial Services Ltd (M&M Fin) on Tuesday (October 28) reported a net profit of ₹564 crore for the second quarter, up 45% from ₹389 crore in the same period last year. Net Interest Income (NII)