IT services major LTIMindtree reported a net profit of Rs 1,100 crore for the fourth quarter of financial year 2023-24 (FY24), down 1.2 per cent year-on-year (Y-o-Y) from Rs 1,141 crore in the same quarter last financial year. Revenue grew 2.3 per cent Y-o-Y for the fourth quarter to Rs 8,892.9 crore. Sequentially, revenue was down 1.4 per cent.
When it comes to the Congress and Wayanad, the only way the scepticism in the minds of some in Kerala may be addressed is by the Gandhi family proving that they are more than a passing caravan in town, reports Shyam G Menon.
'New Delhi has to make up its mind whether it wants to be a friend of the Bangladeshi people or they want to be a friend of a section of people, or one party or one leader'
Prime Minister Narendra Modi on Friday showed his green side as he celebrated World Environment Day by planting a sapling at his official 7, Race Course Road residence.
Union Home Minister Amit Shah said the Delhi case was not the first FIR registered in the country. He said the first case under the new laws was about a motorcycle theft registered in Madhya Pradesh's Gwalior at 10 minutes past midnight.
Spiritual leader Sadhguru Jaggi Vasudev was discharged from a private hospital in New Delhi on Wednesday, days after he underwent an emergency brain surgery after suffering 'life-threatening' bleeding in the skull, a source at the medical facility said.
The Environment Ministry had earlier this month termed as "incorrect" claims that Adani Port and SEZ was spared a hefty fine of Rs 200 crore.
The threat landscape today was evolving rapidly. Until recently, attackers were looking for the fame associated with widepread attacks that brought down large parts of the internet infrastucture and grabbed headlines.
'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'
'More than investors, fund houses, and advisors have raised caution and limited flows on small-and mid-caps.'
Samajwadi Party chief Akhilesh Yadav on Saturday said his party's alliance with the Congress is 'off to a good start' with 11 'strong' Lok Sabha seats in Uttar Pradesh.
The first quarter results (Q1FY25) of Indian IT services hint towards better fiscal growth than the preceding year, but as the management commentary said, "there is still some time for the industry to be firing on all cylinders." Among the majors-Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro-it is the Bengaluru-based Infosys that has performed better, which was also evident in its full-year revenue guidance.
The selection has been completely based on academic and administrative prowess and with a vision to take universities ahead, they said.
Just a day after an agreement was signed between Hmar and Meitei representatives to restore peace in ethnic violence-hit Jiribam district of Manipur, the apex body of the Hmar community said that the pact stood 'null and void'.
The visit by President Obama has already set the stage for further policy reforms in India, said Josh Rosenberg of the Information Technology Industry Council (ITI).
Ensure that the meals provided in their tiffins and snack breaks are colourful, says Dr Imran Patel.
Sharma allegedly dumped the debris near mangroves behind his bungalow in suburban Versova and also undertook illegal construction near it
For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. Amid a landscape where other banks struggled with soaring non-performing assets (NPAs), HDFC Bank thrived, eventually surpassing ICICI Bank to become the largest private sector lender in India. Its net interest margin (NIM) remained stable in the range of 4.1-4.4 per cent.
'We want to play the value game for our consumers, which is health and retail will grow faster for us than the group.'
When AI is used to enhance operational efficiency, businesses can deliver the same product or service but with improved quality, faster, or even at a reduced cost
'The newsroom in our profession is a relatively informal, free-spirited and hallowed space. It must be protected.' 'The Editors Guild extends its total support to all women journalists who suffered a disadvantage in their careers, physical or mental trauma, as a result of any sexual predation.'
I did not take up research for any award.' 'What is more important is the medicine that I have developed.' 'This helps the patient recover and the family is happy that their relative has survived and they go back to their lives.
'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
The Cyberabad police that investigated the case informed the court that Rohith Vemula did not belong to Scheduled Caste and that he was aware of it.
Signalling both change and continuity, India's new government, headed by Prime Minister Narendra Modi for a third consecutive term, got into work gear on Tuesday with cabinet ministers and ministers of state filing into their respective offices to assume charge.
'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'
Political circles were abuzz on Saturday amid speculation that former Madhya Pradesh chief minister and veteran Congress leader Kamal Nath may join the Bhartiya Janata Party.
The stock of Godrej Consumer Products Limited (GCPL) fell about 3.7 per cent in trade after its Q3FY24 earnings disappointed brokerages and led to downgrades. Further, the stock, after a 15 per cent run-up over the past month prior to Monday's correction, had already factored in the upside from the business front. Its peer in the consumer space, Marico, too, saw a 4 per cent drop in its stock price.
Brokerages have maintained their ratings and target prices on FSN E-Commerce Ventures, the parent company of Nykaa, after the fashion and beauty online retailer posted in-line numbers during the October-December quarter (Q3) of financial year 2023-24 (FY24). They have, however, cut earnings before interest, tax, depreciation, and amortisation (Ebitda) estimates after weak demand weighed across line items in Q3. "While revenue growth was healthy at 22 per cent year-on-year (Y-o-Y), gross margins declined 90 basis points (bps), weighed by higher discounting in own brands and lower ad income.
The financial numbers for 2023-24 (FY24) of the four pure-play listed asset management companies (AMCs) have enthused the Street. All firms listed robust growth in net profit and revenue both during the January-March quarter (Q4) of FY24, as well as in full FY24. The strong performance comes amid a positive growth environment for the sector, led by tailwinds such as sharp growth in assets under management (AUM) and robust performance in equity offerings.
The Indian embassy in Ukraine issued a fresh advisory in view of increasing Russian attacks on several Ukrainian cities and reports of heavy fighting around the capital Kyiv.
Gold is an excellent asset class for diversification and should be included in all long-term portfolios.
The National Human Rights Commission, in its report, also observed that the "pervasive fear of reprisal, coupled with the power dynamics at play, acted as a formidable barrier", preventing individuals from voicing their grievances.
BJP heavyweights Smriti Irani, Arjun Munda, Ajay Mishra Teni and Kailash Chaudhary were among the 13 Union ministers who tasted defeat in the 2024 Lok Sabha elections, as stunning losses in three Hindi heartland states forced the BJP to rely on allies to form the government.
The setting up of STEAG is part of the Army's efforts to develop technologies considering the future battlefield, they said.
India, Canada relations have nosedived after Prime Minister Justin Trudeau's allegations last month linking Indian agents to the killing of Khalistani extremist Hardeep Singh Nijjar in June.
In the video, Svane, standing in the middle of the lane, points to the trash and construction debris strewn along both sides of it.
Politics is not on the radar of 18 to 21-year-old Indians, reveals Rama Bijapurkar.
Volkswagen's emissions scandal is fueling investor fears about the environment.
The Navy said on Friday that the safety of the crew held hostage by armed pirates was ascertained and the Indian Navy warship continued to maintain its presence in the close vicinity of the vessel till its arrival in the territorial waters of Somalia.
