Robust deal wins are yet to translate into higher revenues for Wipro. Even though the company has been winning several new deals every quarter, its revenue growth in the September quarter disappointed the Street.
United Phosphorus Limited's (UPL) results for the quarter ended September were broadly in line with expectations, with revenue growing 14% to Rs 2,662 crore on the back of robust growth in the Latin American, European and rest-of-the-world markets.
Samvat 2070 has been the year for investors in the stock market in the past five years with the benchmark indices – the S&P BSE Sensex and the CNX Nifty – rallying nearly 26% each.
HDFC, a provider of housing finance in India, reported a 7% increase in net profit at Rs 1,357 crore for the quarter ending September 2014. It was Rs 1,266 crore in the same period a year ago.
Samvat 2070 has been an eventful year for the Indian stock market, with the benchmark indices - the S&P BSE Sensex and the CNX Nifty - hitting an all-time high of 27,354.99 and 8,180.20, respectively in a liquidity and hope driven rally that a stable
An unprecedented ban on DLF, India's largest property developer, from tapping capital markets has fuelled expectations of tougher penalties ahead, as the country's regulators feel emboldened to take on even companies long sheltered by political
A section of India Inc is euphoric about the recent diesel price deregulation.
There is good news and bad news in the proposed ordinance for the coal sector.
The worst seems over for JSW Steel. Analysts believe most of the issues plaguing the company are in the process of getting resolved and its earnings trajectory will only improve.
Eight months after India's largest car maker, Maruti Suzuki India, announced plans for a Gujarat unit to be set up as a wholly-owned subsidiary of parent Suzuki, opposition to the move continues to simmer.
HDFC Bank, the country’s second largest private sector lender, reported a 20.1 per cet rise in net profit to Rs 2,382 crore for the July-September quarter, as compared to Rs 1,982 crore in the year-ago period.
Shriram Transport Finance Company (STFC) has posted a lower than expected net profit for the September quarter, owing to rising asset quality stress and credit costs. The stock fell 2.5 per cent on Tuesday, against a 0.55 per cent rise in the Sensex.
There's bad news in the commodity futures market.
The Supreme Court has upheld the directive of the Allahabad High Court to sugar mills in Uttar Pradesh that they should sell the sugar stocks hypothecated to the banks in order to clear the arrears of the sugarcane farmers.
Apple's new, new things have been overshadowed by an old thing. The drumbeat for innovation banged on for years till watch and payments technology finally appeared a couple of months ago.
India's top two manufacturers, Maruti Suzuki and Hyundai Motor India, control 75 per cent of the 1.8 million unit-per year domestic car market.
Ranbaxy tasted success for the first time in the 1960s with its tranquiliser, Calmpose. The drug, diazepam, was owned by Roche but it hadn't sought patent protection for it in India.
The second quarter of the current financial year could be a turning point for fast moving consumer goods (FMCG) companies, with the much anticipated urban recovery setting in.
Over half the traffic and sales on major e-commerce platforms are from smaller towns in line with the consumption pattern of fast-moving consumer goods in the country, according to sectoral data.
Apple's biggest cash cow, the iPhone, is gaining weight.