The news about the move by the founder of the US-based short seller Hindenburg Research to disband the entity apparently has huge implications for India and especially for its regulatory institutions. “This is a very important development and will play a role in reinforcing the faith in the Indian regulatory institutions,” says Prasanna Tantri, associate
IT major Infosys Ltd on Thursday revised its FY25 revenue guidance to 4.5- 5.0 per cent in constant currency from an earlier 3.75-4.5 per cent. It, however, maintained an operating margin of 20- 22 per cent. Earlier, brokerage firms had estimated that Infosys will revise or upgrade its FY25 revenue growth guidance to 4.25–4.75 per
The attrition rate of Infosys stands at 13.7% for the last twelve months for the IT services for the reporting quarter of FY25. The company’s attrition rate was 12.9% in the previous quarter of the same fiscal year. Similarly, it was standing at 12.9% in Q3 FY24. However, the total employee count stands at 323,379
Spencer’s Retail Ltd on Thursday announced its fiscal third quarter earnings with loss at Rs 47.34 crore, narrowed from a loss of Rs 51.20 crore recorded during the third quarter of FY24. It posted revenue from operations at Rs 516.97 crore, reporting a drop of 20.95 per cent as against Rs 654.01 crore during the
DB Corp Ltd on Thursday announced its fiscal third quarter earnings with profit at Rs 118.21 crore, posting a drop of 4.65 per cent in comparison to Rs 123.98 crore during the third quarter of FY24. It posted revenue from operations at Rs 642.65 crore, down 0.32 per cent as against Rs 644.71 crore during
After months and even years of attacks on Adani Group, it seems like the Hindenburg effect on the conglomerate is finally coming to a stop. The US-based short-selling firm that was behind reports that wiped out tens of billions from the market value of Adani Group, Hindenburg Research is finally shutting shutters. On January 15
Go to Live UpdatesReliance Industries Quarterly Results Today Live Updates: With Q3FY25 earnings season already on and majors like Tata Consultancy Services (TCS) and HCL Tech already having released their quarter earnings report, Reliance Industries Ltd (RIL) will announce its results today (January 16). Earlier on January 9, in a regulatory filing, RIL had said
Go to Live UpdatesInfosys Quarterly Results Today Live Updates: IT major Infosys is all set to announce its fiscal third quarter earnings today (January 16). According to brokerage firms, the company will post a muted revenue growth on a sequential basis. Net profit, meanwhile, is expected to rise in the low single digit. According to
Top restaurateurs have voiced their concerns regarding the entry of food delivery aggregators like Zomato and Swiggy into private labelling and the dining-in business. At a town hall organised by the National Restaurant Association of India (NRAI) on Wednesday, industry leaders alleged that ventures such as Zomato’s Bistro and Swiggy’s Snacc are drawing customers away
Go to Live UpdatesHDFC Bank Share Price Today Live Updates, 23 Jan, 2025: The HDFC Bank share is in news and the counter closed trade on 22 Jan, 2025 at Rs 1665.05. The shares touched an intraday high of Rs 1671.85 in the last trading session while the intraday low was at Rs 1625.30. The
Go to Live UpdatesAdani Green Energy Share Price Today Live Updates, 23 Jan, 2025: The Adani Green Energy share is in news and the counter closed trade on 22 Jan, 2025 at Rs 1030.95. The shares touched intraday high of Rs 1044.4 in the last trading session while the intraday low was at Rs 1007.15.
Gold and silver prices are closely watched by many in India, whether for buying jewelry, making investments, or keeping track of market trends. These prices fluctuate daily, influenced by factors such as global market trends, the performance of the rupee against the dollar, and seasonal demand, especially during festivals and wedding seasons. Here’s a look
Nuvama is Cautious in ITC. This is because of continued concerns in the FMCG segment and the market anticipating a potential hike in cigarette tax, albeit to a small extent. Here is how it could alter business valuations and listing plans for ITC Hotels. Brokerage firm Nuvama is cautious on ITC in the near-term. Though
