Trent Ltd on Thursday released its fiscal second quarter earnings with consolidated profit at Rs 335.06 crore, registering a growth of 46.9 per cent in comparison to Rs 228.06 crore during the same period of previous financial year, missing estimates. It posted revenue from operations at Rs 4,156.67 crore, up 39.4 per cent as against
The Hosteller, backpacker hostel brand, on Thursday announced the completion of its Series A funding round, securing a total investment of Rs 48 crore. The equity investment was led by V3 Ventures along with participation from investors including Synergy Capital Partners, Unit e Consulting LLP, Real Time Angel Fund (Climber Capital), Ice VC led by
HCL Tech on Thursday announced that it has been selected by the Tasman District Council in New Zealand to provide contemporary digital user experiences to employees and residents of the Tasman district. In a statement, HCL Tech said that it will leverage Microsoft Dynamics 365 to move the Tasman District Council to an advanced digital
Go to Live UpdatesQ2 Earnings 2024 Live Updates: With the majority of the companies across sectors having already released their Q2 numbers for FY25, investors and market participants are keenly waiting for others to announce their earnings for the quarter. Firms including Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bharti
Kansai Nerolac Paints Ltd released its fiscal second quarter earnings with profit at Rs 122.79 crore, registering a decline of 30.7 per cent in comparison to Rs 177.15 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 1951.37 crore, marginally lower than Rs 1956.54 crore reported during the same
The Donald Trump presidency in the US could be a positive for India on the trade front if it plays its cards well, and is ready to take up the opportunities that a speeding up of the realignment of the global supply chains may throw up. Trump’s statements in the run up to the elections
The rising global uncertainty and declining trend in refining margins have forced the three state-owned oil marketing companies to a weaker start to the current financial year 2024-25. With peak earnings of FY24 fading away, the three OMCs are now likely to report lower gross refining margins in the third quarter of the current fiscal
Barring apprehensions on the possibility of a tighter H1-B visa norms, IT services firms seem to be upbeat with the victory of Donald Trump, in the hope that policies pursued by him would lead to higher discretionary spending by enterprises. Analysts said that the US has a lot of work to do in sectors like
The market scenario can change completely in just a few months. Till September 2024, the Indian stock market was making new records every day. But since then, the situation has changed. Nifty 50 is down by about 14% from its peak. Similarly, the Nifty Midcap 100 has fallen by more than 18% in the last
In the career of a professional, there inevitably comes a time when they must step away from their workplace responsibilities. Approximately twenty-five years ago, as individuals approached retirement, many contemplated the prospect of securing their own residence. However, the landscape shifted at the dawn of the 21st century. The introduction of affordable home loan options
Building a successful portfolio can be challenging. However, there is no better time to create one than during a market carnage, when stocks are cheap. However, again, knowing what to buy is tough. So, we have done the work for you and are sharing two stocks worth watching in this market. Mayuresh Joshi of William
Do you think that the biggest income of the government comes from corporate tax? If yes, then these figures may surprise you. A large part of the government’s direct tax collection comes from personal income tax, while the growth of corporate tax has lagged in gaining momentum. How much is the government earning from personal
IRCON International’s share price jumped 9% to an intra-day high of Rs 150.40 on the National Stock Exchange. The surge in the stock price came after the company received a contract almost worth Rs 1,100 crore from the Government of Meghalaya. The contract needs to be completed within 36 months. “It is to inform that
