Go to Live UpdatesQ2 Earnings 2024 Live Updates: The fiscal second quarter earnings season is in full swing now with many major firms and all of the IT services giants having released their Q2 results. Firms like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bank of Maharashtra, Nestle India, Axis
India’s import bill for natural gas surged by 18.5% to $7.7 billion during the first half of the current fiscal compared with $6.5 billion in the same period a year ago due to a rise in consumption particularly by the city gas distribution (CGD) companies and the power sector, data from the Petroleum Planning and
Apart from higher costs and other difficulties, the disruption caused by the two war zones in the world has added to the liquidity woes of India’s exporters as they deal with longer payment schedules and the impact of the situation on export credit which is falling consistently since 2022. At the end of March 2022
The demand for tech talent (excluding freshers) from GCCs (Global Capability Centres) continued to outpace that of IT companies in the second quarter of FY25, as clients’ discretionary spending showed a slower recovery. According to industry data from TeamLease Digital, GCCs accounted for 52.6% of job openings for tech profiles in the September quarter, maintaining
Tata Consumer’s MD & CEO Sunil D’Souza believes that food inflation is putting pressure on urban spending, which is taking a toll on out-of-home consumption. In a conversation with FE, D’Souza throws light on the company’s strategy in the wake of inflationary concerns and whether volume growth will continue be weak. He also indicates how
Aditya Birla Group’s UltraTech Cement on Monday missed Street estimates on all the key fronts during the July-September quarter, primarily because of slowdown in demand due to monsoon and project delays which hit price realisations. The company’s net profit fell 36% year on year to Rs 820 crore, while revenue from operations was down 2.4%
A division bench of the the Delhi High Court on Monday deferred hearing an appeal filed by MB Finmart, a Burman Family entity, opposing the Registrar of Companies’ (RoC) three-month extension for Religare Enterprises’ annual general meeting (AGM) for 2023-24, citing an absence of the RoC’s reply. The court has set the next hearing on
Zomato Q2 Results 2024: As Zomato gears up for its Q2 FY25 financial results, here’s everything you need to know about the date, time, and how to tune in for the live earnings call. Date of Zomato Q2FY25 Results Mark your calendars! The Board of Directors of Zomato will convene tomorrow, October 22, 2024, to
The central government has received a new proposal to reduce the timeframe for the restoration of commuted portion of pension from 15 years to 12 years. The Confederation of Central Government Employees and Workers, which represents about 7 lakh staff across various central departments, last week shot off a letter to Union Cabinet Secretary TV
Leo Dry Fruits and Spices Trading, a company engaged in the business of manufacturing and trading dry fruits and spices under the VANDU brand, and frozen and semi-fried products under FRYD, opened its IPO on January 1, 2025, and concluded on January 3, 2025. After three days of the bidding process, the allotment of shares
Indo Farm Equipment IPO shares are all set to hit the bourses on January 07. The company’s stock was fetching a premium of 42% in the grey market to its issue price a day ahead of listing, indicating a listing price of around Rs 305. The grey market is an irregulated palace to change hands
Gold prices in India are shaped more by global trading trends than by local demand and supply, with markets like London OTC and COMEX playing a key role. Gold and silver rates today, January 6 The 24-carat gold rate in India was Rs 78,700 per 10 grams on January 6. The rate for 24-carat gold
ITC Hotels’ demerger record date is on January 06. The ITC Hotels price will be discovered through a special pre-open session (SPOS). The determination of the price will be calculated based on the difference between the closing price of ITC’s January 03 and the pre-open price of January 06. The brokerage firm Nuvama Wealth Management
