1 / 9 Wipro | IT firm reported a 25.9% year-on-year rise in consolidated net profit for the March quarter to ₹3,569.6 crore, but warned of a weak quarter ahead with up to 3.5% expected drop in IT services revenue
ECB cuts rates for a 7th time in a year Canada holds rates, says tariffs could mean recession Trade war complicates rate outlook By Yadarisa Shabong and Alun John LONDON, April 17 (Reuters) – U.S. President Donald Trump’s tariffs have
India’s second-largest IT company Infosys on Thursday reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter. It had posted a profit (attributable to owners of the company) of Rs 7,969 crore
Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president
Gensol Engineering’s promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives,
iPhone maker Apple has met its replenishment target for freshwater withdrawals for corporate operations in India in 2023, the company said in its environmental progress report released on Wednesday. Photograph: Lucas Jackson/Reuters Globally, Apple has set a goal to replenish
1 / 9 IndusInd Bank | The bank reports that an external audit has found a ₹1,979 crore reduction in the bank’s net worth due to derivative discrepancies. This equals 2.27% of the bank’s net worth as of 2024. The
Investment word of the day: Employee stock ownership plans or employee stock option plans (ESOPs) are incentives beyond salaries, and the allotment of shares gives employees a sense of ownership in the company. The incentive aims to promote employee retention
Equity benchmark indices Sensex and Nifty closed higher for the third straight day on Wednesday following buying in blue-chip banking stocks and fresh foreign fund inflows as retail inflation slipping to near six-year lows raised hopes of further rate cuts.
Wholesale price inflation declined to a 6-month low of 2.05 per cent in March as prices of vegetables, potato and other food items eased, government data showed on Tuesday. Photograph: Amit Dave/Reuters Wholesale price index (WPI) based inflation was 2.38
