Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
'I never imagined that there would come a day when the NBA game would be seen and heard by Indian fans in their own language.'
Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's retail behemoth.
How sweet it is: Eubanks's climb up the ranks is 'icing on the cake'
Former Australia cricketer Michael Slater has admitted himself into care for 'health and mental issues' after being charged by police following a report of a domestic violence incident in Sydney.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
Accenture's Q1 FY22 results have sent a wave of cheer among analysts, as the company raised its revenue guidance and said it expects double-digit growth in outsourcing, up from single digit to low double-digit growth expected earlier. Accenture's financial year ends on August 31. The company raised its revenue outlook for FY22 to 19-22 per cent in local currency, up from 12-15 per cent earlier.
Company's revenue growth is likely to be volatile going ahead
Naresh Kumar, who famously mentored a young Leander Paes as India's Davis Cup captain, has passed away.
The December quarter, generally a soft one for India's IT sector due to holidays and furloughs in certain sectors, is expected to be further affected because of currency volatility.
'I'm very passionate. I feel I've got the support of the men behind me to take the team forward. That's not changed at all.'
It had reorganised its India business by carving out public sector undertaking and government businesses. Besides the company had also split its India and West Asia businesses.
While growth metrics for Infosys was skewed to a single vertical and it is struggling to get a handle on costs, TCS has been able to manage growth and keep cost inflation under control.
They just wanted their angst noticed, and as a symbol of recognition, Jallikattu, restored without the annual ritual of court cases and adjournments, explains N Sathya Moorthy.
Mili establishes Janhvi Kapoor as an actor striving to be taken seriously, observes Sukanya Verma.
'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'
Yes Bank was the top gainer in the Sensex pack, surging 3.76 per cent, followed by SBI at 3.18 per cent.
Former India spinner Laxman Sivaramakrishnan lamented that the current lot of leg-spinners don't have the ambition to play Test cricket and blamed it on too much stress on reverse swinging the ball these days.
Will Infy spring a surprise in subdued second quarter?
Infosys, HCL might fare marginally better than TCS.
'We remain positive on technology, private sector financials, gas, infrastructure, and export-oriented plays.'
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
Good growth in BFSI segment, favourable currency to aid the company in Dec quarter
Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are strong enough to withstand such pressures. Taking the markets by surprise, US Fed chair Jerome Powell had told the annual Jackson Hole summit of central bankers and economists last week that he would have to keep raising federal fund rates to tame inflation, which remains the biggest challenge to the world's largest economy. He also warned of the pains that such monetary policy actions would create on growth and jobs.
The UK judge who handed down his judgment on Thursday in favour of the extradition of Nirav Modi to face charges of fraud and money laundering in India said he had found no evidence of adverse political influence in the case, as claimed by the diamond merchant's legal team.
US private equity firm I Squared Capital is dropping out of the race to buy India's second-largest state oil firm, Bharat Petroleum Corporation Ltd (BPCL) owing to a complex deal structure and lack of financial backers for the transaction, sources said. I Squared Capital through its Indian arm, Think Gas was among the three suitors that had evinced interest in buying the government's near 53 per cent shareholding in BPCL. "The company has made a decision not to participate in the financial bidding," a source with direct knowledge of the development said.
'He doesn't find a place in this playing XI. That is stunning. Astonishing'
As Nasdaq-listed company indicates poor spending in financial services space, Indian firms feel jittery
Till such time that a new governance framework comes into being, the progress of reforms in health, education, land, labour, electricity and agriculture could remain fraught with problems, agitations and delays, observes A K Bhattacharya.
'At present Metaverse is a hype cycle.' 'If it succeeds, then I would like to see TCS there, too.'
'For an introduction to his career-spanning genius, watch just five of his movies: Anand, Saudagar, Abhiman, Black and Pink,' notes Kalyan Singhal, McCurdy Professor of Business at the University of Baltimore.
TCS, Infosys do well but Wipro & HCL disappoint analysts; however, outlook for FY17 bullish in general.
The Indian batting legend reckons the pressure is now on Australia.
Last week, Team India roared into the final of the inaugural edition of the ICC World Test Championship (WTC) following an emphatic 3-1 series win over England.
The Tata group has begun its second innings with Air India from a war zone. Being first up in Operation Ganga to evacuate Indian nationals from Ukraine, the salt-to-software conglomerate has faced a real war. But the fire-fighting that the group experienced in appointing a chief executive officer (CEO) for the airline that it acquired from the government in a Rs 18,000-crore deal recently may have felt no less.
"My department is being singled out publicly. I always regard him as my elder I always listen to him."
Gland Pharma, promoted by China's Fosun, has extended its gains, is up 40 per cent since its listing.
'Private banks are well-placed to deliver good performance over the next six months.'
If they can sit together and hammer out 'Black Sea Initiative' deal for much needed food shipments, surely, they should be able to address the madness of the larger military conflict?
The Ethics Officer has ruled that the former India players have to choose between CAC, IPL jobs
