Dalal Street investors weren’t expecting any fireworks in IT companies’ first quarter earnings, but the disappointments were worse than anticipated, as growth hit multi-quarter lows. Frontline IT companies have seen …
Fedbank Financial Services, promoted by Federal Bank, has refiled its draft papers with market regulator SEBI to raise funds through an IPO. The IPO comprises a fresh issue of Rs …
In the last few weeks, two big demerger news of RIL-Jio Financial Services and ITC-ITC Hotels have kept investors busy. While Mukesh Ambani triggered a retail frenzy to buy RIL …
TVS Supply Chain Solutions, part of TVS Mobility Group, has received capital markets regulator Sebi’s go-ahead to raise funds through an initial public offering (IPO). The IPO comprises a fresh …
CLSA has raised its target on fintech platform Paytm’s operator One 97 Communications from Rs 850 to Rs 1,050 after the company narrowed its June quarter losses year-on-year (YoY). Following …
FY24 has started with a bang with MSCI India moving up 13%, when MSCI World index was up only 4% and MSCI EM down 1%. India is the second-best performing …
FMCG major Hindustan Unilever’s shares fell over 3% to day’s lows of Rs 2,620.05 on the NSE on Friday after the company’s June quarter earnings missed Street estimates. It was …
Mumbai: Shares of ICICI Prudential Life Insurance Co fell as much as 5% in Wednesday’s trading to their lowest levels in nearly one month after the private life insurer posted …
LTIMindtree’s June quarter numbers are likely to be significantly higher on a year-on-year (YoY) basis, but this won’t be truly comparable following the merger of Larsen & Toubro Infotech and …
Recession fears have driven analysts to their most bearish on Indian information-technology sector bellwether Infosys Ltd. since uncertainties surrounding Brexit rocked the more than $200 billion sector six years ago. …