However, the company’s revenue grew a mere 1.4% year-on-year to Rs 13,286 crore. Its EBITDA grew 57.8% year-on-year to Rs 1,809 crore. The total headcount at the end of the quarter stood at 150,488, down 3,785 quarter-on-quarter and up 4,238 year-on-year. Tech Mahindra on Friday reported that its consolidated net profit grew 92.6% to Rs…
Bank of Maharashtra on January 15 reported a 36% year-on-year rise in its consolidated net profit to Rs 1,406.73 crore in the third quarter of FY25. On a yearly basis, the bank’s total income grew 22% to Rs 7,112.66 crore. Following the announcement, Bank of Maharashtra shares closed 3% lower at Rs 51.14 per share…
Wipro Limited is scheduled to announce its Q3 FY25 earnings on January 17, with analysts estimating a quarterly decline in revenue as well as net profit. Seasonal weakness in its consulting business, higher furloughs and cross currency constraints in Q3 are likely to weigh on Wipro’s earnings growth in constant currency (CC) terms. A Moneycontrol…
Hyundai Motor and its subsidiary Kia said on Tuesday that their combined exports of eco-friendly vehicles to 2024 rose 3 percent from a year earlier despite the economic slowdown. Hyundai and Kia shipped a total of 707,853 eco-friendly cars last year, up from 687,420 units a year earlier, Hyundai Motor Group said in a press…
11th November 2024: Life Insurance Council has released updated industry business figures for the month of December 2024. Indian Life Insurance Companies recorded record new business figures in December 2024; Premium Collection grew by 9.91%. According to data released by Life Insurance Council, the life insurance industry witnessed a growth of 13.52% on a year-on-year…
Gold prices rose by ₹229 to ₹78,333 per 10 grams in futures trade on Friday (January 10). Analysts attributed the price rise to fresh buying by participants. In global markets, gold futures in New York fell 0.33% to $2,676.01 an ounce. Despite this, domestic prices showed resilience due to local demand and investor interest. Pranav…
On Wednesday, January 8, shares of Ola Electric Mobility fell 1.34% to a day’s low of Rs 75.16 on the BSE after the Securities and Exchange Board of India (SEBI) issued an administrative warning for violation of disclosure rules.SEBI issued the warning on January 7, citing violations of Disclosure Rules, 2015, Regulations 4(1)(d), 4(1)(f), 4(1)(h),…
Natural gas futures rose on Wednesday due to strong demand caused by weather in the United States. This increased demand coincides with limited supply due to some production freeze-offs. Despite prices dipping in the previous session, cold forecasts for the third week of January are causing a bullish rebound, according to a note from Eli…
Shares of One97 Communications, the parent company of payment aggregator Paytm, fell as much as 7.5 percent to Rs 907 per share on January 8 after a UBS report showed Paytm did not gain any UPI market share in December, according to NPCI data. Despite getting approval to add customers in October, Paytm’s UPI market…
Suzlon Energy share price today: Shares of renewable energy provider Suzlon Energy Ltd fell over 4% on Monday after it received an income tax demand of Rs 1.01 crore for FY17 from the Ahmedabad Income Tax Department. The multibagger stock fell 4.43% to Rs 59.21 on the BSE against its previous close of Rs 61.96….
