The court has also questioned Epic's assumption that Tata Consultacy Services used the information for the creation of a competitive product
Tata Consultancy Services scrip ended the day 4.27 per cent higher at Rs 2,214.65 apiece on the BSE.
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
These consistent performers are expected to maintain momentum.
Vishal Kampani has big shoes to fill as his father is close to the Ambanis, the Wadias and the Ruias, says Dev Chatterjee.
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
Nestle, for the record, does not give a break-up of its exports.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
The rupee has depreciated 2.35 per cent in the past three months and one per cent in the past month, despite strong capital flows and falling oil prices.
Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19
Materials and utilities were the worst-performing sectors in March.
Will Infy spring a surprise in subdued second quarter?
Most sought-after market of the past few years doesn't feature among top bets in Asia, emerging markets
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
The consolidated entity can target good growth FY18 onwards, analysts say.
Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
Respiratory product paves way for launch in larger markets and greater earnings visibility.
Infosys has been aggressively embracing automation tools.
Analysts factor in 200-300-bps impact on sales in FY16
Factory output in June likely rose 5.4 per cent from a year earlier, faster than the 4.7 per cent growth in May, according to a poll of 27 economists.
Company feels automation is a big tool to drive down costs and improve efficiency
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral.
Higher dividend taxes, falling valuations make alternative shareholder payment attractive.
Most analysts expect the note ban to sharply hit GVA growth in Q3 and Q4, and the central bank's stance is being called into question.
Experts say it will now be tough for the Modi government to catch up with the UPA's economic record owing to the shock induced by the currency demonetisation.
The stores will sell products under the Fashion at Big Bazaar brand.
Lower fuel subsidy payouts might restrict gross fiscal deficit in FY15.
The verdict on deemed licences has the Street question whether Sesa Sterlite owns any mines in Goa.
Higher input cost is likely to weigh on Auto sector's Q4 numbers.
Companies from the capital goods space will under-perform.
India's economy grew at a two-year high of 5.7 per cent in the first quarter of this financial year, after a below-five per cent growth in 2012-13 and 2013-14.
Though the markets have lost ground since the past few sessions, analysts do not seem worried.
Its rich valuation with a PE of 62 times raises downside risk for investors
NDTV operates news channels, including NDTV 24X7 and NDTV India.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
The turmoil on the Street and a continued fall of the rupee may affect growth stocks, pushing equity investors back to the relative safety of defensive counters, or forcing them to flee markets, or both.
FIIs pump in $1.4 billion in March, after pulling out $2.9 billion in Jan-Feb.
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