The company’s revenue grew 7.6 per cent to Rs 41,764 crore in the third quarter as against Rs 38,821 crore in the same quarter last year.India’s second-largest IT services firm Infosys Ltd on Thursday reported an 11.4 per cent rise in net profit for the December quarter (Q3) of FY25 at Rs 6,806 crore as…
India’s wholesale inflation rose in December, led by a surge in prices of various commodities. The wholesale price index rose 2.37% in December, compared to 1.89% in November, according to data released by the Ministry of Commerce and Industry on Tuesday. On a sequential basis, the index declined 0.38%, compared to a 0.5% decline in…
Wipro Limited is scheduled to announce its Q3 FY25 earnings on January 17, with analysts estimating a quarterly decline in revenue as well as net profit. Seasonal weakness in its consulting business, higher furloughs and cross currency constraints in Q3 are likely to weigh on Wipro’s earnings growth in constant currency (CC) terms. A Moneycontrol…
Hyundai Motor and its subsidiary Kia said on Tuesday that their combined exports of eco-friendly vehicles to 2024 rose 3 percent from a year earlier despite the economic slowdown. Hyundai and Kia shipped a total of 707,853 eco-friendly cars last year, up from 687,420 units a year earlier, Hyundai Motor Group said in a press…
Shares of One97 Communications, the parent company of fintech major Paytm, continued to decline for the fourth consecutive session on January 13. The shares fell to Rs 796.1, marking a decline of over 6 percent. Earlier, UBS had released a report citing NPCI data, which mentioned that Paytm did not gain any UPI market share…
He said another Rs 1 lakh crore is expected to be raised through equity in the January-March quarter, taking the total amount raised through equity to Rs 4.3 lakh crore by the end of March 2025.Securities and Exchange Board of India Chairperson Madhabi Puri Buch on Friday said the amount raised from capital markets may…
IREDA Q3 results: Indian Renewable Energy Development Agency (IREDA) announced its October to December quarter results on Thursday, January 9. The state-owned company’s net profit rose 27 per cent to ₹425.38 crore in the third quarter of FY2024-25, as against ₹335.53 crore in the same quarter last year. Revenue from operations grew 37 per cent…
On Wednesday, January 8, shares of Ola Electric Mobility fell 1.34% to a day’s low of Rs 75.16 on the BSE after the Securities and Exchange Board of India (SEBI) issued an administrative warning for violation of disclosure rules.SEBI issued the warning on January 7, citing violations of Disclosure Rules, 2015, Regulations 4(1)(d), 4(1)(f), 4(1)(h),…
Delta Corp shares jumped nearly 5% on January 8 as Supreme Court agreed to hear online gaming industry’s petitions against GST show cause notices on January 10. At 12 pm, Delta Corp shares were trading 6% higher at Rs 116.43 per share. According to a CNBC-TV18 report, the industry is seeking a stay on the…
NTPC Green Energy share price rose over one per cent in early trade on January 6 after the company’s subsidiary bagged a 1000 MW power project from Uttar Pradesh Power Corporation Limited (UPPCL). At 09:27 am, NTPC Green Energy was quoting at Rs 129.95, up Rs 1.60 or 1.25 percent on the BSE. The company’s…
