Tata Consultancy Services (TCS) announced a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, alongside a 9.64 per cent rise in revenue from operations.
Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard
The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.
Telecom operator Bharti Airtel posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. Bharti Airtel had posted net profit (attributable to owners of the parent company) of Rs 2,071.6 crore a year ago.
India's largest IT services firm Tata Consultancy Services on Thursday reported a 1.68 per cent dip in its consolidated net profit to Rs 12,224 crore for the March 2025 quarter. Tata Consultancy Services (TCS) - whose earnings marked the official start of IT results season - reported a total revenue of Rs 64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period.
Of the top 10 valued firms, eight including Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd, HDFC and ITC witnessed gains in their market valuation. From the top-10 pack, the valuation of HDFC Bank jumped Rs 31,553.45 crore to Rs 929,752.54 crore.
Investors' wealth climbed Rs 3.20 lakh crore as markets staged a smart comeback on Wednesday after falling in the last eight trading sessions. The BSE Sensex rallied 448.96 points or 0.76 per cent to settle at 59,411.08. During the day, it jumped 513.33 points or 0.87 per cent to 59,475.45.
What is digital house arrest? It is a tactic cybercriminals use to confine victims to their homes and scam them, explains Tamal Bandyopadhyay.
TCS took the steepest hit among the top-10 firms as its m-cap plunged Rs 17,334 cr
Of the 59 assembly constituencies, three have been categorised as 'sensitive' and 590 localities marked as 'vulnerable,' according to the police.
Falling for the sixth straight session, the BSE Sensex plunged 1,114.82 points or 2.96 per cent to close at 36,553.60 on Thursday, tracking a heavy selloff in global markets. The market capitalisation of BSE-listed companies stood at Rs 1,48,76,217.22 crore, down by Rs 11,31,815.5 crore in six sessions. Since September 16, the 30-share BSE benchmark index has fallen by 2,749.25 points.
Investments in Indian capital market through participatory notes (P-notes) dropped to Rs 94,826 crore till November-end after hitting 43-month high in the preceding month. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
Investments in Indian capital through participatory notes (P-notes) rose to Rs 1.02 lakh crore till October-end, making it the highest level in 43 months.
Investor wealth eroded by Rs 6.59 lakh crore on Monday as equities tanked after the UK reported a new strain of the COVID-19 virus. The 30-share BSE Sensex plunged 1,406.73 points or 3 per cent to close at 45,553.96. The benchmark hit an all-time high of 47,055.69 during the session. Following the sharp selling, the market capitalisation of BSE-listed firms plummeted by Rs 659,313.65 crore to Rs 1,78,79,323.05 crore.
Debt-ridden Kingfisher Airlines reported net loss of Rs 754 crore for the July-September quarter, a sharp increase from Rs 469 crore in the year-ago period.
It must be mentioned in this regard that former secretary Ajay Shirke, who was removed by Supreme Court did not claim a single penny from the BCCI unlike all other office bearers. However, the two principal office-bearers -- Amitabh and Aniruddh's expenditures has grabbed the eyeballs of all and sundry.
All BSE sectoral indices ended in the red, with oil and gas, bankex, capital goods and finance falling up to 3.04 per cent.
Investor wealth zoomed over Rs 10.48 lakh crore in two days as the Budget-driven market euphoria continued to charge bulls on Tuesday.
AUM had touched a record level of Rs 9.58 lakh crore in August last year.
'An additional amount of around Rs 15.53 billion will be invested for both general-purpose and specialised equipment necessary for manufacturing a new compact vehicle, ' the company said in a statement. The company had earlier said it would invest about Rs Rs 16.5 billion on its second plant in Bangalore, which would manufacture its 'strategic small car' to be launched by 2010-11. The new plant will have an initial capacity of 1,00,000 units.
590 cricketers -- including 370 Indian players and 220 overseas players -- will go under the hammer during the two-day mega auction in Bengaluru on February 12 and 13.
Ferrari launched four other models -- 488GTB, 458 Spider, 458 Speciale and F12 Berlinetta.
Rana Kapoor gets interim relief from Bombay HC but directors' appointment subject to final order.
At the best, the so called Rs 1.25 lakh crore package will not provide anything more than Rs 10,368 crore as additional or incremental resource to the state, said Chief Minister Nitish Kumar
Punjab has over 400,000 employees and pensioners and about 125,000 staff members in its corporations and boards.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Earning returns from an asset lying idle can be a good option in times of volatility.
