Tuesday, April 16, 2024

Wipro Q4FY24 earnings preview: Top five factors at play

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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Monday, April 15, 2024

Kotak sees India index inclusion improving liquidity for banks

Kotak sees India index inclusion improving liquidity for banks The anticipated entry of overseas funds into India’s $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.

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How Mauritius slipped down the ranks of nations sending highest FPI India’s way

How Mauritius slipped down the ranks of nations sending highest FPI India’s way 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.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/how-mauritius-slipped-downranksnations-sending-highest-fpi-india’s-way_17524871.html

Not perturbed by conglomerates entering paints business; not an easy sector to crack: Asian Paints CEO

Not perturbed by conglomerates entering paints business; not an easy sector to crack: Asian Paints CEO 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%.

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Infosys Q4FY24 earnings preview: Top five factors at play

Infosys Q4FY24 earnings preview: Top five factors at play 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.

from Moneycontrol Business News https://ift.tt/fogp8FE

Sunday, April 14, 2024

Nepalese billionaire who made his fortune making instant noodles aims to list India unit by 2026

Nepalese billionaire who made his fortune making instant noodles aims to list India unit by 2026 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.

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Market valuation of 7 most valued firms climb Rs 59,404 crore; Bharti Airtel, ICICI Bank lead gainers

Market valuation of 7 most valued firms climb Rs 59,404 crore; Bharti Airtel, ICICI Bank lead gainers 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.

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Friday, April 12, 2024

Difficult to call when growth will return, says TCS CEO Krithivasan

Difficult to call when growth will return, says TCS CEO Krithivasan Krithivasan said TCS will outperform in FY25 compared to FY24, because he expects major markets will turnaround very soon

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TCS full-year net headcount declines first time in 19 years; ends FY24 with 601,546 employees

TCS full-year net headcount declines first time in 19 years; ends FY24 with 601,546 employees Its headcount has declined by 13,249 employees YoY during the financial year 2023-24

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TCS full-year net headcount declines for first time in 19 years; ends FY24 with 601,546 employees

TCS full-year net headcount declines for first time in 19 years; ends FY24 with 601,546 employees Its headcount has declined by 13,249 employees YoY during the financial year 2023-24

from Moneycontrol Business News https://ift.tt/does4Ji

Wednesday, April 10, 2024

Apple#39;s India iPhone output hits $14 billion in 2024

Apple#39;s India iPhone output hits $14 billion in 2024 Foxconn assembled nearly 67 percent while Pegatron Corp made about 17 percent of the India-made iPhones.

from Moneycontrol Business News https://ift.tt/BFQVIPf

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 1,1...