https://www.business-standard.com/companies/start-ups/bhavish-aggarwal-s-ai-startup-krutrim-turns-unicorn-after-raising-50-mn-124012600652_1.html Clipped from: https://www.business-standard.com/companies/start-ups/bhavish-aggarwal-s-ai-startup-krutrim-turns-unicorn-after-raising-50-mn-124012600652_1.html The AI startup is the third venture helmed by Aggarwal to achieve a $1 billion valuation, after mobility firm Ola and electric
Category: Company Specific News
Asian Paints needs fresh coat as margin pressures build up in markets
https://www.business-standard.com/markets/news/asian-paints-awaits-fresh-coat-as-margin-pressures-build-up-in-markets-124011800959_1.html Clipped from: https://www.business-standard.com/markets/news/asian-paints-awaits-fresh-coat-as-margin-pressures-build-up-in-markets-124011800959_1.html As competition intensifies, brokerages turn pale on paint maker’s stock Listen to This Article A weaker-than-expected sales performance, concerns about higher competitive
65% employees back in office 3-5 days a week after TCS ended WFH: CEO
https://www.business-standard.com/companies/news/65-employees-back-in-office-3-5-days-a-week-after-tcs-ended-wfh-ceo-124011900176_1.html Clipped from: https://www.business-standard.com/companies/news/65-employees-back-in-office-3-5-days-a-week-after-tcs-ended-wfh-ceo-124011900176_1.html Tata Consultancy Services CEO K Krithivasan states that with the positive incentives provided, a majority of employees will be back in the
Asian Paints Q3 results: Net profit up 35% to Rs 1,448 cr on strong sales
https://www.business-standard.com/companies/results/asian-paints-q3-results-net-profit-up-35-to-rs-1-448-cr-on-strong-sales-124011700457_1.html Clipped from: https://www.business-standard.com/companies/results/asian-paints-q3-results-net-profit-up-35-to-rs-1-448-cr-on-strong-sales-124011700457_1.html Consolidated net profit rose about 35% to 14.48 billion rupees ($174.15 million) in the quarter ended Dec. 31, it said in a
TCS gains $2 billion brand value in a year – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/tcs-gains-2-billion-brand-value-in-a-year/article67747658.ece Clipped from: https://www.thehindubusinessline.com/info-tech/tcs-gains-2-billion-brand-value-in-a-year/article67747658.ece TCS ranks second globally in IT services with a $19.2 billion brand value, marking 11.5% YoY growth and showcasing innovation leadership Tata
Larsen & Turbo bags Mumbai Ahmedabad high-speed rail project; stock inches up – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/larsen-turbo-bags-mumbai-ahmedabad-high-speed-rail-project-stock-inches-up/article67743764.ece Clipped from: https://www.thehindubusinessline.com/markets/larsen-turbo-bags-mumbai-ahmedabad-high-speed-rail-project-stock-inches-up/article67743764.ece Larsen & Turbo‘s railway strategic business group has bagged a mega contract valued between ₹10,000 crore to ₹15,000 crore for the Mumbai-Ahmedabad
IT stocks rally may be on wobbly legs – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/it-stocks-rally-may-be-on-wobbly-legs/article67738657.ece Clipped from: https://www.thehindubusinessline.com/portfolio/it-stocks-rally-may-be-on-wobbly-legs/article67738657.ece In the past 15 years, despite robust business performance and stock returns in IT services, margins have decreased from approximately 30% for
Infosys share price jumps over 7% as growth and margin exceeds D-street’s expectations; Brokerages raise target price – Market News | The Financial Express
https://www.financialexpress.com/market/infosys-share-price-jumps-over-7-as-growth-and-margin-exceeds-d-streets-expectations-brokerages-raise-target-price-3362725/ Clipped from: https://www.financialexpress.com/market/infosys-share-price-jumps-over-7-as-growth-and-margin-exceeds-d-streets-expectations-brokerages-raise-target-price-3362725/ Analysts continue to express optimism about Infosys’ growth outlook, with several brokerages raising their target prices for Infosys shares in response to
TCS share price up over 4% a day after Q3 profit up 2%on expectations of demand recovery next quarter; Brokerages raise target price – Market News | The Financial Express
https://www.financialexpress.com/market/tcs-share-price-up-over-4-a-day-after-q3-profit-up-2on-expectations-of-demand-recovery-next-quarter-brokerages-raise-target-price-3362659/ Clipped from: https://www.financialexpress.com/market/tcs-share-price-up-over-4-a-day-after-q3-profit-up-2on-expectations-of-demand-recovery-next-quarter-brokerages-raise-target-price-3362659/ In the third quarter, the tech giant reported order wins worth $8.1 billion against $11.1 billion quarter on quarter, which includes BSNL
IT stocks power tired markets to new highs; Sensex, Nifty gain over 1%
https://www.business-standard.com/markets/stock-market-news/it-stocks-power-markets-to-fresh-highs-nifty-and-sensex-gain-1-1-124011200826_1.html Clipped from: https://www.business-standard.com/markets/stock-market-news/it-stocks-power-markets-to-fresh-highs-nifty-and-sensex-gain-1-1-124011200826_1.html BSE IT index soars over 5%; analysts warn caution ahead Photo: Bloomberg Listen to This Article Just as the equity market seemed
Q3 results: Top 4 Indian IT companies balance caution and optimism
https://www.business-standard.com/industry/news/q3-results-top-4-it-companies-cautiously-optimistic-for-the-future-124011200912_1.html Clipped from: https://www.business-standard.com/industry/news/q3-results-top-4-it-companies-cautiously-optimistic-for-the-future-124011200912_1.html Compared to its competition, Noida-headquartered HCLTech’s performance was the best The third-quarter earnings of the top four Indian IT companies indicate that
TCS Q3FY24 results: Adjusted net profit at Rs 12,016 cr, revenue up 4%
https://www.business-standard.com/companies/results/tcs-q3fy24-results-adjusted-net-profit-at-rs-12-016-cr-revenue-up-4-124011100507_1.html Clipped from: https://www.business-standard.com/companies/results/tcs-q3fy24-results-adjusted-net-profit-at-rs-12-016-cr-revenue-up-4-124011100507_1.html TCS Q3FY24 results: The IT major also reported a net attrition of 13.3 per cent and said will continue hiring from colleges
experts predict muted results for tcs in q3 – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/experts-predict-muted-results-for-tcs-in-q3/article67727458.ece Clipped from: https://www.thehindubusinessline.com/info-tech/experts-predict-muted-results-for-tcs-in-q3/article67727458.ece Expect slow growth to continue, given higher furloughs in the seasonally-weak quarter Tata Consultancy Services Ltd (TCS) is expected to announce muted numbers
Medi Assist Healthcare fixes price band for IPO at Rs 397- Rs 418
https://www.business-standard.com/markets/ipo/medi-assist-healthcare-fixes-price-band-for-ipo-at-rs-397-rs-418-124011000166_1.html Clipped from: https://www.business-standard.com/markets/ipo/medi-assist-healthcare-fixes-price-band-for-ipo-at-rs-397-rs-418-124011000166_1.html Bids for the offer can be made for a minimum of 35 equity shares and in multiples of 35 thereafter Bids for
BoB’s e-Bank Guarantee issuance for trade finance crosses 1,000 mark – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/bobs-e-bank-guarantee-issuance-for-trade-finance-crosses-1000-mark/article67726374.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/bobs-e-bank-guarantee-issuance-for-trade-finance-crosses-1000-mark/article67726374.ece BoB’s Executive Director, Lalit Tyagi, hails the milestone for facilitating ease of doing business Bank of Baroda (BoB) on Wednesday said it has crossed
Asian Paints gets GST demand notice of Rs 13.83 crore – Industry News | The Financial Express
https://www.financialexpress.com/business/industry-asian-paints-gets-gst-demand-notice-of-rs-13-83-crore-3352567/ Clipped from: https://www.financialexpress.com/business/industry-asian-paints-gets-gst-demand-notice-of-rs-13-83-crore-3352567/ The demand is for the financial year 2017-18 over mismatch on input tax credit (ITC), the leading paints maker said in a
TCS has to keep evolving as GenAI technology rises: CEO tells employees
https://www.business-standard.com/companies/news/tcs-has-to-keep-evolving-as-genai-technology-rises-ceo-tells-employees-124010100463_1.html Clipped from: https://www.business-standard.com/companies/news/tcs-has-to-keep-evolving-as-genai-technology-rises-ceo-tells-employees-124010100463_1.html IT services company has to ‘keep pace with the times’, says K Krithivasan in New Year message K Krithivasan, CEO and MD,
LIC gets GST notice of Rs 806 crore; insurer says will file an appeal
https://www.business-standard.com/companies/news/lic-gets-gst-notice-of-rs-806-crore-insurer-says-will-file-an-appeal-124010100614_1.html Clipped from: https://www.business-standard.com/companies/news/lic-gets-gst-notice-of-rs-806-crore-insurer-says-will-file-an-appeal-124010100614_1.html The total includes GST worth Rs 365.02 crore, penalty of Rs 404.7 crore and interest of Rs 36.5 crore Illustration: Ajay Mohanty
Sanctity of too-big-to-fail banks – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/vault-matters-sanctity-of-too-big-to-fail-banks/article67686289.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/vault-matters-sanctity-of-too-big-to-fail-banks/article67686289.ece SBI, HDFC Bank and ICICI Bank are classified as D-SIBs, but in reality, every bank is systemically important It has been a
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