Tata Elxsi (TelX) reported a weak Q3FY25, with a sharp deceleration in the transportation vertical. However, recent deals in the Asia-Pacific (APAC), higher mix of original equipment makers (OEMs) and partnership with Qualcomm will improve growth. FY25 is the third
India’s top IT companies—Infosys, Tata Consultancy Services (TCS), Wipro, HCL Technologies and Tech Mahindra—have delivered their earnings for the October to December quarter (Q3FY25), revealing a mixed bag of performance in key metrics such as revenue growth, margins, workforce trends,
Buy or sell stocks: Following weak global market sentiments ahead of Donald Trump’s swearing-in date, the Indian stock market ended lower for the third straight session on Friday. The Nifty 50 index ended 108 points lower at the 23,203 mark,
Mahindra XEV 9e Mahindra XEV 9e comes with two battery options: a 59kWh and a 79kWh lithium-ion phosphate battery pack. The XEV 9e with the 79kWh battery is paired with a 286hp, 380 Nm motor that drives the rear wheels. The
Led by a sharper-than-expected deceleration in industrial activity, economic growth in India slowed more than anticipated and is projected to remain at 6.5 per cent till 2026, the International Monetary Fund said on Friday. “Growth in India slowed more than
Maruti Suzuki India on Friday unveiled its first battery electric vehicle eVITARA, which will be exported to over 100 countries. Photograph: Courtesy, Maruti Suzuki Speaking at the unveiling of the model at the Auto Expo, held as part of the
India’s forex reserves dropped by $8.71 billion to $625.87 billion in the week ended January 10, the RBI said on Friday. Photograph: Dado Ruvic/Reuters Earlier, the overall kitty dropped by $5.693 billion to $634.58 billion in the week ended January
Bengaluru-based Wipro Ltd. expects revenue growth in constant currency terms to be between a negative 1% to a growth of 1% for the fourth quarter of financial year 2025. Wipro made this announcement on Friday, January 17, when it announced
Q3 Results; Tech Mahindra reported net profit of ₹983.2 crore at consolidated level for the quarter ending December 2024, which marked an increase of 92.6% compared to ₹510.4 Crore in the year ago quarter Tech Mahindra revenues from operations during
The weaker rupee will push the country’s import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank GTRI said on Friday. Citing an example, it said the depreciating
