Profitability of cement makers to improve in Q4: India Ratings
Cost escalations, which the sector has been experiencing since the start of 2022, persisted during the second quarter.
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EVs to create $100 bn revenue opportunity for India: Bain & Company
Bain & Company expects 35-40% of all vehicles sold in India by 2030 to be EVs, up from 2% in 2022.
Dr Reddy's Q4 net profit tumbles 76%
Revenue of the pharma company rose 15% year-on-year to ₹5,437 crore in the fourth quarter.
Wipro’s Q4 profit falls 6.3% y-o-y
The IT firm skips revenue guidance for the April-June quarter amid low visibility on future business due to the coronavirus pandemic.
Maruti Suzuki’s Q3 profit rises 5%
India’s largest carmaker posted a net profit of ₹1,565 crore and revenue of ₹20,707 crore in the December quarter.
ICICI Bank Q3 net surges to ₹4,146 crore
India’s top private sector lender reported a 158% year-on-year increase in profits, aided by a one-time gain from the Essar Steel resolution.
Infosys Q3 profit up 23.7%
The Bengaluru-based IT major has increased its FY20 revenue forecast to 10%-10.5%; company’s board says whistleblower complaints against CEO and CFO “are substantially without merit.”
A tale of India’s loss-heavy banks
Data reveals that the loss-making and NPA-heavy public sector banks have serious efficiency issues.
DHFL’s survival blues
The housing finance company says recent developments may raise doubts about its ability to continue as a going concern.
Inside the issue: The Next 500
Catch a sneak peek into our Fortune India Next 500 quarterly special.
