A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,143.1 crore from Moneycontrol Business News https://ift.tt/2YPqWAl
Bengaluru-based real estate firm Embassy Group, which holds the remaining 73 per cent stake in WeWork India, might also dilute some shareholdings to raise funds, they added. from Moneycontrol Business News https://ift.tt/CeUr7Zc
As part of the strategy to accelerate technological innovation and further strengthen its position in existing and emerging mobility segments, the company also said Ramtilak Ananthan has been named as Chief Technology Officer of Bajaj Auto Ltd (BAL). from Moneycontrol Business News https://ift.tt/OAKqNje
Reliance Industries strength lies in its ability to build businesses on a global scale and execute complex, time-critical, and capital-intensive projects, said Nuvama. from Moneycontrol Business News https://www.moneycontrol.com/news/business/ril’s-stellar-q4-performance-delights-street-spurs-brokerages-to-raise-target-price_17530851.html
Tata Consumer revenue will is expected to grow 4.8 percent on-year to Rs 3,989 crore, an polls of brokerages has said from Moneycontrol Business News https://ift.tt/35bJpC1
The company has launched Mirabegron extended-release tablets in strength of 25 mg in the US market after having received final approval from the US Food and Drug Administration (USFDA), Zydus Lifesciences said in a regulatory filing. from Moneycontrol Business News https://ift.tt/O8Q6rud
CFO Aparna Iyer said it is a tough macroeconomic environment and clients are going through a very challenging time. from Moneycontrol Business News https://ift.tt/oKB3Ipm
Chief financial officer Aparna C Iyer said Capco has grown quarter-on-quarter by 6.6% from Moneycontrol Business News https://www.moneycontrol.com/news/business/wipro’s-consulting-business-capco-sees-“green-shootsâ€_17529591.html
The home-grown Pulsar maker also announced that it has now received production linked incentive (PLI) certificates for all five of its electric three wheeler models, and recently for both of its electric two-wheeler Chetak models. from Moneycontrol Business News https://ift.tt/FeEh7sR
The US Food and Drug Administration (USFDA) had conducted a routine current Good Manufacturing Practices (cGMP) inspection at the manufacturing facility from April 9-17, 2024, the company said in a regulatory filing. from Moneycontrol Business News https://ift.tt/2jyo5nr
Elon Musk will meet Modi on Monday during his India trip, when the billionaire is expected to unveil his plans to enter the world#39;s third-largest auto market where electric car adoption is still in its infancy. from Moneycontrol Business News https://ift.tt/6LBqOsh
By 2030, the world’s data centers are on course to use more electricity than India, the world’s most populous country, Haas said. Finding ways to head off that projected tripling of energy use is paramount if artificial intelligence is going to achieve its promise, he said. from Moneycontrol Business News https://ift.tt/6LUBrQe
Trove Experiences has ignited a firestorm of debate with its Rs 1,500 forest bathing excursions - at Cubbon park in Bengaluru. from Moneycontrol Business News https://ift.tt/pBisRMC
With JSW Group coming in as an investor and becoming a joint venture partner with China#39;s SAIC, last month the company announced plans to invest Rs 5,000 crore and had set a target of selling one million units of passenger electric vehicles in India by 2030 when the total market is expected to be 10 million units annually. from Moneycontrol Business News https://ift.tt/oCLsGD9
Wipro is expected to post revenue of Rs 22,281 crores for Q4FY24, increasing marginally by 0.3 sequentially and declining over 4 percent YoY. from Moneycontrol Business News https://ift.tt/I2CphGB
The year 2013 marked a turning point, when FPI assets from the United States soared past that from Mauritius for the first time at Rs 3.59 lakh crore. from Moneycontrol Business News https://www.moneycontrol.com/news/business/how-mauritius-slipped-downranksnations-sending-highest-fpi-india’s-way_17524871.html
Infosys is expected to post revenue of Rs 38,413 crore in Q4, implying a 2.6% YoY increase but a sequential decline of 1.1%. Net profit is estimated to be flat both sequentially and YoY at Rs 6,128 crore. from Moneycontrol Business News https://ift.tt/sXOAwdu
The US investment firm plans to hold the IPO as early as in the fourth quarter of this year, the people said, asking not to be identified as the deliberations are private. from Moneycontrol Business News https://ift.tt/z1NHIvl
The listing plans for the firm, which has a 28% share in the local instant noodles market and an annual revenue of 8 billion rupees ($96.2 million), are still in the early stages of discussion, he added. It aims to grow its revenue by 15% this year. from Moneycontrol Business News https://ift.tt/ahbJL5V
In the ranking of top-10 firms, Reliance Industries continued to retain the title of the most valued company, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, ITC and Hindustan Unilever. from Moneycontrol Business News https://ift.tt/2iU0oS9
Krithivasan said TCS will outperform in FY25 compared to FY24, because he expects major markets will turnaround very soon from Moneycontrol Business News https://ift.tt/RGNTPJf
TCS said reduced attrition, enthusiastic response to campus hiring, employees returning to office have elevated morale of associates, the company said from Moneycontrol Business News https://ift.tt/WtHUhwi
TCS said reduced attrition, enthusiastic response to campus hiring, employees returning to office have elevated morale of associates, the company said from Moneycontrol Business News https://ift.tt/MjevQO9
The company aims to be the leading ODM (original design manufacturer) and electronics manufacturing services provider in the mobile phones, hearable and wearable space. from Moneycontrol Business News https://ift.tt/KqxcenS
Apple has assembled $14 billion worth of iPhones in India in last fiscal year, making as much as 14% or about 1 in 7 of its marquee devices from India, Bloomberg News reported on Wednesday, citing people familiar with the matter. from Moneycontrol Business News https://ift.tt/cMq8hGu
The unrest among aviation workers risks thwarting India’s air travel boom. Pilots and aircraft engineers are crucial to support the country’s rapid fleet expansion after IndiGo, Air India and Akasa placed orders for more than 1,100 aircraft combined. from Moneycontrol Business News https://ift.tt/b4mM6qZ
The company#39;s Singapore-based step-down wholly-owned subsidiary, Strides Pharma Global Pte Ltd, has received approval for Fluoxetine Tabs (10 and 20 mg) from the US Food Drug Administration (USFDA), the drug firm said in a regulatory filing. from Moneycontrol Business News https://ift.tt/1mb5BSX
The performance was attributed to a consistent demand for cooling products during the year, coupled with a strong offline and online distribution network, and new innovative launches, the Tata Group firm said in a statement. from Moneycontrol Business News https://ift.tt/P6FheoX
Vishal Mega Mart chose Kotak Mahindra Bank Ltd. and ICICI Bank Ltd to help arrange a share sale as early as in the fourth quarter of this year, the people said, asking not to be identified because the deliberations are private. from Moneycontrol Business News https://ift.tt/TMf9p5t
Reliance Industries remained the most valued domestic firm by market valuation followed by TCS, HDFC Bank, ICICI Bank, State Bank of India, Bharti Airtel, LIC, Infosys, ITC and Hindustan Unilever. from Moneycontrol Business News https://ift.tt/2qhtW41
The two sides will hold more talks and create two new economic groups dedicated to growth in domestic and global economies as well as anti-money laundering, according to a U.S. statement about the creation of the groups. from Moneycontrol Business News https://ift.tt/5oY6zha
In a message on X Sridhar Babu said since December 2023 the state government has been actively focusing on major investment opportunities by global giants, and as part of its focus, Tesla#39;s planned investment initiatives in India are also being tracked. from Moneycontrol Business News https://ift.tt/UY82GFK
Government and regulators should be on the alert. A 3-year cooling period after two 5-year terms for independent directors will take place in 2024. But companies are searching for a way out by @JayantThakur from Moneycontrol Business News https://ift.tt/Q6An12H
The company#39;s aluminium production was 5,74,000 tonne in the corresponding quarter of FY23, Vedanta said in a filing to BSE. from Moneycontrol Business News https://ift.tt/JZjw54n
According to the Michael Page India Salary Guide 2024, there is a resurgence in hiring within traditional industries, particularly evident in the continued high demand for manufacturing and operations roles. from Moneycontrol Business News https://ift.tt/f7W4TGP
With a new management in place, the company is gearing up to regain market share riding on the strong demand for luggage from Moneycontrol Business News https://ift.tt/BjdK5Of
The Mumbai-based firm is targeting 40 billion rupees ($479 million) for its latest Nuvama Crossover IV fund and expects to raise at least $300 million from family offices and rich individuals in the Middle East, according to Anshu Kapoor, president and head of the business. from Moneycontrol Business News https://ift.tt/1UY9l2J
Moreover, a cooperation agreement between the two airlines will enable both carriers to provide customers with more options and flexibility for seamless travel between Malaysia and India, IndiGo said in a statement. from Moneycontrol Business News https://ift.tt/6b2WP3m
The company will be taking experiences and lessons from FY24, as stepping stones for what lies ahead, he wrote to employees in an internal newsletter. from Moneycontrol Business News https://ift.tt/QFx9kvM
The notices were issued by Deputy Commissioner of Income Tax, Central Circle- 1(4), Bengaluru. The notices are related to Assessment Year ( AY) 2016-17 and 2022-23. from Moneycontrol Business News https://ift.tt/3ozsDXg
The key events that will shape the market trend are the outcomes of the Indian and the US elections, along with the stance of global central banks from Moneycontrol Business News https://ift.tt/YRtj46T