Category: Company Specific News

https://www.business-standard.com/companies/results/tech-mahindra-q1fy24-results-net-profit-falls-38-8-yoy-to-rs-692-5-crore-123072600552_1.html Clipped from: https://www.business-standard.com/companies/results/tech-mahindra-q1fy24-results-net-profit-falls-38-8-yoy-to-rs-692-5-crore-123072600552_1.html At the end of the quarter, the company’s headcount stood at 148,297. It was down 4,103 as compared to the March quarter

https://www.thehindubusinessline.com/markets/lt-to-buy-back-33-crore-shares-at-up-to-3000-apiece/article67120043.ece Clipped from: https://www.thehindubusinessline.com/markets/lt-to-buy-back-33-crore-shares-at-up-to-3000-apiece/article67120043.ece This is the first ever share buyback by the company, which had attempted a buyback in 2019 Larsen & Toubro has approved

https://www.thehindubusinessline.com/info-tech/infosys-q1-profit-up-11-yoy/article67101348.ece Clipped from: https://www.thehindubusinessline.com/info-tech/infosys-q1-profit-up-11-yoy/article67101348.ece Amidst an uncertain demand environment, IT major Infosys has lowered its revenue guidance steeply to 1-3.5 per cent from 4-7, as the company said

https://www.thehindubusinessline.com/money-and-banking/icici-lombard-q1-pat-rises-12-on-premium-income-growth/article67095284.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/icici-lombard-q1-pat-rises-12-on-premium-income-growth/article67095284.ece ICICI Lombard’s GDPI rises 18.9% to ₹6,387 crore, higher than the industry growth of 17.9% ICICI Lombard General Insurance posted a net profit of

https://www.thehindubusinessline.com/money-and-banking/kotak-banks-employee-turnover-rises-to-46-fy23-from-29-fy21/article67087497.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/kotak-banks-employee-turnover-rises-to-46-fy23-from-29-fy21/article67087497.ece The attrition was almost equitable for male and female employees, with 45.3 per cent male employees and 47.8 per cent female employees

https://www.business-standard.com/opinion/columns/start-up-to-she-enterprise-123071401111_1.html Clipped from: https://www.business-standard.com/opinion/columns/start-up-to-she-enterprise-123071401111_1.html Over more than 100 years, we have experienced the social-economy benefits brought by the early 20th-century founders of sustained, humane, and enlightened

https://www.business-standard.com/markets/news/exide-hits-over-4-year-high-surges-23-in-one-month-on-positive-outlook-123071400250_1.html Clipped from: https://www.business-standard.com/markets/news/exide-hits-over-4-year-high-surges-23-in-one-month-on-positive-outlook-123071400250_1.html Exide said the strong automobile sales augur well for Company as higher vehicle sales not only help the OEM business but also

https://www.thehindubusinessline.com/markets/brokers-call-tcs-buy/article67076277.ece Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-tcs-buy/article67076277.ece Target: ₹3,960 CMP: ₹3,340.65 Tata Concultancy Services’ CC (constant currency) revenue growth q-o-q and margin missed BNP Paribas estimates in Q1-FY24, mainly

https://www.business-standard.com/companies/news/infosys-hcltech-defer-salary-hikes-of-employees-tcs-bucks-trend-123071200926_1.html Clipped from: https://www.business-standard.com/companies/news/infosys-hcltech-defer-salary-hikes-of-employees-tcs-bucks-trend-123071200926_1.html Infosys typically rolls out hikes for its senior management in July, but so far, they have not received any communication on the

https://www.financialexpress.com/industry/bad-news-infosys-defers-pay-hike-for-staff-bkg/3166694/ lipped from: https://www.financialexpress.com/industry/bad-news-infosys-defers-pay-hike-for-staff-bkg/3166694/ The report says that the decision shows that the IT sector is facing tough conditions due to present macroeconomics conditions. X Infosys,

https://www.business-standard.com/companies/news/tcs-writes-to-board-members-about-details-on-recruitment-scam-allegations-123062800262_1.html Clipped from: https://www.business-standard.com/companies/news/tcs-writes-to-board-members-about-details-on-recruitment-scam-allegations-123062800262_1.html TCS is consulting with external auditors to investigate the situation, said a person aware of the development Photo: PTI Listen to This

https://www.thehindubusinessline.com/info-tech/tcs-partners-microsoft-for-generative-ai-solutions/article67048261.ece Clipped from: https://www.thehindubusinessline.com/info-tech/tcs-partners-microsoft-for-generative-ai-solutions/article67048261.ece TCS and Microsoft have announced plans to help customers jumpstart their generative AI journey Tata Consultancy Services has deepened its partnership with Microsoft by announcing

https://www.thehindubusinessline.com/markets/icici-securities-a-falling-knife-from-the-start/article67014710.ece Clipped from: https://www.thehindubusinessline.com/markets/icici-securities-a-falling-knife-from-the-start/article67014710.ece With I-Sec not contributing much to ICICI Bank’s SOTP, the decision to delist was perhaps to remedy this issue Shilpa Kumar (left),

https://www.business-standard.com/companies/news/infosys-danske-bank-deal-infosys-inks-454-mn-deal-with-danske-bank-to-acquire-its-india-it-centre-123062600166_1.html Clipped from: https://www.business-standard.com/companies/news/infosys-danske-bank-deal-infosys-inks-454-mn-deal-with-danske-bank-to-acquire-its-india-it-centre-123062600166_1.html The deal is estimated at $454 million for a period of 5 years with an option to renew for one additional year