Mid-tier IT services company MindTree saw profits drop by 26 per cent to Rs 103 crore due to poor performance of its US and Europe subsidiaries, while revenue grew 7 per cent to Rs 1,295 crore on the back of strong deal wins.
Morgan Stanley's profit doubled in the fourth quarter as trading activity surged across Wall Street, and the bank said it was on track to reach a number of financial goals set out by Chief Executive James Gorman.
Mukesh Ambani-led Reliance Industries Ltd reported a 3.6% rise in its net profit in the October-December 2016 quarter on better margins in the refining and petrochemical businesses and higher other income.
InfosysIndia’s second- largest IT services provider Infosys posted a 7 per cent growth in third quarter profits to Rs 3,708 crore for the quarter ended December 2016 as against Rs 3,465 crore in the same period last year, as it looked at
Tata Consultancy Services (TCS), the country's largest software exporter, said third-quarter (Q3, September-December) profits grew 11.2 per cent from a year before to Rs 6,778 crore, with higher growth from digital services, mainly via banking customers
Hyderabad-based biopharmaceutical company Suven Life Sciences has reported a 5.23 per cent increase in net profit at Rs 26.56 crore in the quarter ended September 2016 as compared to Rs 25.24 crore in the same quarter a year ago.
Having posted impressive numbers for the September quarter, India’s largest engineering and construction company Larsen & Toubro (L&T) remains confident of meeting its annual growth target for revenue and order inflow, even though the
The operating loss in the first quarter of this financial year has come down from Rs 315.37 crore in the year-ago period, Minister of State for Civil Aviation Jayant Sinha informed the Lok Sabha on Thursday.
State gas utility GAIL India Ltd on Tuesday reported a 180 per cent jump in net profit in the second quarter ended September on the back of turnaround in petrochemical business and reduction in interest cost.