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
From the launch of the ‘Startup India’ initiative in 2016, to the abolition of angel tax and easing of reverse flipping norms, the startup ecosystem is evolving. India’s startup landscape has witnessed transformative growth over the past decade on the
IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. Photograph: PTI Photo
Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Photograph: PTI Photo from the Rediff Archives Its consolidated net profit of Rs 18,540
US Markets Highlights: US inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday’s (January 15) report from the Labor Department showed that the
Infosys Q3 results: Indian information technology (IT) company, Infosys announced its October-December quarterly earnings for the financial year 2024-25 (Q3FY25) today, Thursday, January 16, 2025. The company posted a new profit of ₹6,806 crore in the quarter under review as
Raising overseas debt has become prohibitively expensive due to the depreciating rupee. Photograph: Kind courtesy Jatinder Jeetu/Pixabay Indian companies’ foreign borrowings plunged 20.2 per cent to $23.33 billion in 2024, down from $29.22 billion a year earlier. With the Indian
Benchmark indices Sensex and Nifty edged higher on Wednesday on buying in bellwether stock Reliance Industries, Zomato and Kotak Bank amid a largely firm trend in global markets. Photograph: Shailesh Andrade/Reuters The 30-share BSE index climbed 224.45 points or 0.29
