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.from Moneycontrol Business News https://ift.tt/ARg4NfW
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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.
The anticipated entry of overseas funds into Indiaâs $1.2 trillion government debt market presents an opportunity for lenders including Kotak to sell part of their bond investments to these new buyers, according to Joint Managing Director K.V.S Manian.
The year 2013 marked a turning point, when FPI assets from the United States soared past that from Mauritius for the first time at Rs 3.59 lakh crore.
With a share of over 50 percent, Asian Paints leads the market by a distance, followed by Berger Paints with 18%, Kansai Nerolac Paints with 15%, and AkzoNobel (Dulux) with 7%.
Infosys is expected to post revenue of Rs 38,413 crore in Q4, implying a 2.6% YoY increase but a sequential decline of 1.1%. Net profit is estimated to be flat both sequentially and YoY at Rs 6,128 crore.
The listing plans for the firm, which has a 28% share in the local instant noodles market and an annual revenue of 8 billion rupees ($96.2 million), are still in the early stages of discussion, he added. It aims to grow its revenue by 15% this year.
In the ranking of top-10 firms, Reliance Industries continued to retain the title of the most valued company, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, ITC and Hindustan Unilever.
Krithivasan said TCS will outperform in FY25 compared to FY24, because he expects major markets will turnaround very soon
Its headcount has declined by 13,249 employees YoY during the financial year 2023-24
Its headcount has declined by 13,249 employees YoY during the financial year 2023-24
Foxconn assembled nearly 67 percent while Pegatron Corp made about 17 percent of the India-made iPhones.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 1,1...