LTIMindtree: LTIMindtree reports 7.7% rise in profit - The Economic Times
The Mumbai-headquartered IT services company reported a 5.9% growth in consolidated revenues at Rs 9,432.9 crore in Q2FY25 as compared with Rs 8905.4 crore in Q2FY24 and 3.2% rise from Rs 9142.6 crore in Q1FY25.
RBI accepts nearly Rs 25,000 crore bids in g-sec buyback auction
This is the second such buyback operation done by the central bank this month. This auction, along with the one last week, was one of the most successful buyback auctions conducted by the RBI since it
Fintech: Fintech firms’ NBFC co-lending biz under stress after RBI action - The Economic Times
There could be a direct impact on co-lending arrangements after the Reserve Bank of Indias (RBI) action on Navi and DMI Finance, two major new-age lending companies, said industry insiders.
Eruditus: Eruditus raises $150 million led by TPG Rise, company to flip domicile to India from Singapore - The Economic Times
Executive education startup Eruditus has bagged new funding of $150 million led by TPG Rise, the impact investment fund from the US investor. The funding is at a flat valuation of $3.2 billion, post-m
P2P lending: P2P startups look to overhaul biz, processes amidst RBI crackdown - The Economic Times
Peer-to-peer lending startups are still coming to terms with the latest observations on the sector released by the RBI on August 16. At the same time, they are also dealing with regulatory action agai
Wipro: Wipro’s Q2 net profit rises 6.3% QoQ to Rs 3,227 crore - The Economic Times
The fourth largest Indian IT services firm posted a net profit of Rs 3,227 crore for the quarter ended September 30. Revenue rose 1.5% sequentially to Rs 22,301 crore, helped by increased momentum in
Infosys: Infosys net profit rises 4.7% in Q2, misses Street estimates - The Economic Times
Infosys is seeing a “lot of traction in financial services, which has given us good growth last quarter and this quarter,” said chief executive officer Salil Parekh. “We see that continuing.”
Vishal Mega Mart updates IPO papers
The company retails apparel, general merchandise and fast-moving consumer goods through 626 stores and online and mobile channels.
Adani Enterprises raises $500 million through QIP issue
Adani Enterprises has allocated 1.42 crore shares to investors at ₹2,962 per share. Quant Mutual Fund, Winro Commercial (India), Tree Line Asia Master Fund and SBI Life Insurance Co are among those who have subscribed to the QIP.
Axis Bank beats Street with 18% Q2 net rise, cites 'tough variables'
Net interest income - the difference between interest earned on loans and that paid on deposits - a key source of income for banks, grew 9% year-on-year to ₹13,483 crore. Net interest margins for the
ET Exclusive: Estée Lauder will soon start local manufacturing in India, says executive group president
The beauty giant, which manufactures makeup, skincare, perfumes, and hair care products, has been in India for close to 20 years now. It had first launched MAC in the country, followed by Clinique, Es
Ratan Tata trusted friend, half-sisters to execute his will
Ratan Tata passed away on October 9 at age 86. His will names Darius Khambata, Mehli Mistry, and his half-sisters as executors. Tata held stakes in several companies and had significant investment in
AUS vs SA Live Score
Australia vs South Africa highlights, Women's T20 World Cup 2024 Semi-Final: South Africa stunned the dominant Australian team to reach the final of
Haryana Cabinet Ministers List
India News: Nayab Singh Saini was sworn in as Haryana Chief Minister for the second consecutive term, with BJP achieving its third consecutive government after wi
Infosys Q2 Result
India Business News: Infosys reported a 5% increase in consolidated net profit for Q2, reaching Rs 6,506 crore, with revenue from operations up 5% year-on-year to Rs 40,98
Flights Bomb Threat
India News: A Vistara flight from Frankfurt to Mumbai received a security threat via social media. The aircraft landed safely at Mumbai airport at 7.45 am, and al
Intel Layoffs
TECH NEWS : Intel has initiated layoffs affecting over 2,000 jobs in multiple US states as part of cost-cutting measures announced in August. Significant impacts
Indian Team Lowest Score
Cricket News: England opener Ben Duckett broke the record for the fastest 2,000 Test runs by balls faced during the second Test against Pakistan in Multan. Duckett
Assam Citizenship Act
India News: The Supreme Court upholds the constitutional validity of Section 6A of the Citizenship Act, concerning illegal immigrants, with a 4:1 majority. The co
UGC Net June Result
News News: The National Testing Agency (NTA) has confirmed that the highly anticipated UGC NET Result 2024 will be announced by October 18, 2024. After the resul
‘Kanda Trains’ to help ease onion prices before Diwali
The government plans to stabilize onion prices by releasing 91,960 tonnes from buffer stocks via rail to key consumption centers and e-commerce platforms, selling at Rs 35/kg. This intervention aims t