Mid-tier IT companies saw a higher sequential growth in the second quarter of fiscal 2025, driven by their focus on AI-led strategies, steady deal inflows, and growth in key verticals such as banking and financial services (BFSI) and also continued to outperform their larger peers in terms of revenue growth. On an average the top
While India has bilateral trade agreements with 14 countries or economic blocs, four of the most substantial ones of these have gone back to the drawing board, for review or fine-tuning. Even the relatively recent pact with the UAE is undergoing a review at the instance of India, reflecting lack of enough detailing before at
India does not look at tensions between US and China as a source of benefit and stands on its own strengths and potential, commerce and industry minister Piyush Goyal said Wednesday. “We believe we can stand on our own feet on the strength of our democracy, the rule of law that we offer, the strength
Larsen & Toubro (L&T) posted a 5% jump in net profit at Rs 3395 crore in Q2FY25 as compared to Rs 3,222.63 crore. The company beat analyst estimates who have estimated a net profit of Rs 3,205 crore. The engineering and construction major’s Q2FY25 revenue rose 21 % to Rs 61,555 crore in Q2FY25 as
Food and grocery delivery platform Swiggy is looking at markets beyond the top 100 cities for further expansion in both food delivery and quick commerce segments, the IPO-bound company’s management said on Wednesday. The quick commerce segment is at currently 40% gross order value (GOV) of Swiggy’s food delivery business, though scaling the growth further
Dabur India Ltd on Wednesday recorded its fiscal second quarter earnings with a profit decline of 17.7 per cent at Rs 417.52 crore in comparison to Rs 507.04 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 3,028.59 crore, down 5.5 per cent as against Rs 3,203.84 crore during
Larsen and Toubro (L&T) on Wednesday announced that its Power Transmission & Distribution (PT&D) vertical has bagged new orders in the Middle East and Africa for expanding and strengthening the electricity grids at high-voltage levels. In a regulatory filing, the company said that the orders include implementation of an Energy Management System for the country-wide
Warehousing automation firm NIDO Group has successfully automated multiple 3PL or third-party logistics warehouses and is successful in managing order volumes of 9 lacs orders per day for over 40 Direct-to-Consumer (D2C) brands across the country, the company said in a statement. The D2C market is experiencing explosive growth, with consumer spending expected to rise
Good news for UPI users! The Reserve Bank has allowed prepaid payment instruments holders to do UPI transactions through third-party mobile applications. Until now, UPI payments from bank accounts could be made by linking a bank account through the UPI App of the bank or using any third-party UPI application. However, the same facility was
As 2024 enters its final phase with just three trading days remaining, its a busy day at the exchanges with 6 listings scheduled today. Among these 6 public issues making their debut on the Indian bourses, the two mainboard issues that are at the centre of everyone’s attention is – DAM Capital Advisors and Mamata
Go to Live UpdatesACME Solar Holdings Share Price Today Live Updates, 27 Dec, 2024: The ACME Solar Holdings share is in news and the counter closed trade on 26 Dec, 2024 at Rs 239.75. The shares touched an intraday high of Rs 246.75 in the last trading session while the intraday low was at Rs
Go to Live UpdatesReligare Enterprises Share Price Today Live Updates, 27 Dec, 2024: The Religare Enterprises share is in news and the counter closed trade on 26 Dec, 2024 at Rs 301.7. The shares touched intraday high of Rs 311.5 in the last trading session while the intraday low was at Rs 296.05. The company’s
The retail real estate market in Delhi-NCR achieved a landmark year in 2024, driven by record leasing volumes, reduced vacancy rates, and rising rental values. This achievement, supported by strong developer confidence, significant infrastructure developments, and shifting consumer trends, solidified Delhi-NCR’s status as India’s premier retail investment destination. CBRE’s India Retail Figures H1 2024 reported
