
Wipro Q2 profit flat at ₹2,667.3 cr; revenue dips 0.10%
The IT major expects its IT services revenue growth in the December quarter at -3.5% to -1.5%.
The IT major expects its IT services revenue growth in the December quarter at -3.5% to -1.5%.
Cost escalations, which the sector has been experiencing since the start of 2022, persisted during the second quarter.
Bain & Company expects 35-40% of all vehicles sold in India by 2030 to be EVs, up from 2% in 2022.
Revenue of the pharma company rose 15% year-on-year to ₹5,437 crore in the fourth quarter.
The IT firm skips revenue guidance for the April-June quarter amid low visibility on future business due to the coronavirus pandemic.
India’s largest carmaker posted a net profit of ₹1,565 crore and revenue of ₹20,707 crore in the December quarter.
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.
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.”
Data reveals that the loss-making and NPA-heavy public sector banks have serious efficiency issues.
The housing finance company says recent developments may raise doubts about its ability to continue as a going concern.