LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,143.1 crore

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WeWork Global in talks to sell entire 27% stake in WeWork India

Bengaluru-based real estate firm Embassy Group, which holds the remaining 73 per cent stake in WeWork India, might also dilute some shareholdings to raise funds, they added.

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Bajaj Auto appoints Abraham Joseph as MD of EV arm Chetak Technology

As part of the strategy to accelerate technological innovation and further strengthen its position in existing and emerging mobility segments, the company also said Ramtilak Ananthan has been named as Chief Technology Officer of Bajaj Auto Ltd (BAL).

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RIL’s stellar Q4 performance delights street, spurs brokerages to raise target price

Reliance Industries strength lies in its ability to build businesses on a global scale and execute complex, time-critical, and capital-intensive projects, said Nuvama.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/ril’s-stellar-q4-performance-delights-street-spurs-brokerages-to-raise-target-price_17530851.html

Tata Consumer Q4 preview: Fastest revenue growth among peers, margin expansion on cards

Tata Consumer revenue will is expected to grow 4.8 percent on-year to Rs 3,989 crore, an polls of brokerages has said

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Arcelormittal Nippon Steel India in talks for $1 billion loan

At least three lenders including State Bank of India, ICICI Bank Ltd. and Axis Bank Ltd. would be participating in the syndicated deal, with proceeds to be used for capital expenditure, said the people who asked not to be identified for discussing private information.

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Lupin launches generic drug in US market

The Mumbai-based drug maker has introduced the medication after receiving an approval from the US Food and Drug Administration (USFDA), Lupin said in a statement.

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Zydus Lifesciences launches generic drug for overactive bladder in US market

The company has launched Mirabegron extended-release tablets in strength of 25 mg in the US market after having received final approval from the US Food and Drug Administration (USFDA), Zydus Lifesciences said in a regulatory filing.

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Wipro guides for revenue of (-) 1.5% to 0.5% in Q1FY25

CFO Aparna Iyer said it is a tough macroeconomic environment and clients are going through a very challenging time.

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Wipro’s consulting business Capco sees “green shoots”

Chief financial officer Aparna C Iyer said Capco has grown quarter-on-quarter by 6.6%

from Moneycontrol Business News https://www.moneycontrol.com/news/business/wipro’s-consulting-business-capco-sees-“green-shoots”_17529591.html

Bajaj#39;s ramp up plan for Bajaj e-autos: One store addition every two days

Bajaj Auto#39;s three wheeler market segment grew to 78 percent in FY24

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Bajaj Auto plans 6 new launches in next 6 months; bridges gap in #39;upper-half#39; from 10% to 2%

The company is also planning to launch the world#39;s first CNG bike, which will halve the commuting expenses

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USFDA issues Form 483 with five inspectional observations to Marksans Pharma#39;s Goa unit

The US Food and Drug Administration (USFDA) had conducted a routine current Good Manufacturing Practices (cGMP) inspection at the manufacturing facility from April 9-17, 2024, the company said in a regulatory filing.

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Tesla#39;s Elon Musk likely to unveil $2-$3 billion India investment during visit

Elon Musk will meet Modi on Monday during his India trip, when the billionaire is expected to unveil his plans to enter the world#39;s third-largest auto market where electric car adoption is still in its infancy.

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Capital Small Finance Bank: Is it worthy of attention after correction?

There are a few strong investment rationales that make us revisit the investment case of Capital SFB now

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AI computing is on pace to consume more energy than India, Arm says

By 2030, the world’s data centers are on course to use more electricity than India, the world’s most populous country, Haas said. Finding ways to head off that projected tripling of energy use is paramount if artificial intelligence is going to achieve its promise, he said.

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Bengaluru company offers #39;forest bathing#39; experience for Rs 1,500 - at Cubbon Park. Viral post

Trove Experiences has ignited a firestorm of debate with its Rs 1,500 forest bathing excursions - at Cubbon park in Bengaluru.

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MG Motor India looks to expand network in tier III, IV to drive next phase of growth

With JSW Group coming in as an investor and becoming a joint venture partner with China#39;s SAIC, last month the company announced plans to invest Rs 5,000 crore and had set a target of selling one million units of passenger electric vehicles in India by 2030 when the total market is expected to be 10 million units annually.

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Vodafone Idea raises Rs 5400 crore from nearly 60 anchor investors

The third-ranked telecom operator plans to raise Rs 18,000 crore through India’s largest follow-on public offering, which will open on Thursday, April 18.

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Wipro Q4FY24 earnings preview: Top five factors at play

Wipro is expected to post revenue of Rs 22,281 crores for Q4FY24, increasing marginally by 0.3 sequentially and declining over 4 percent YoY.

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