The FinTech Hub
Source: Live Mint Stock market today: A sharp selloff hit the Indian stock market on Tuesday, October 22, pulling down the benchmark indices, Sensex and Nifty 50, by more than 1% each. The Sensex ended the day down by 931 points, or 1.15%, closing at 80,220.72, while the Nifty 50 dropped 309 points, or 1.25%,…
Source: Live Mint Tech Mahindra Ltd, which is undergoing a transformation, saw decent performance in the September quarter (Q2FY25). True, expectations were quite low. Still, a gradual revival in key verticals was welcome. Sequential constant-currency revenue grew 0.7% in Q2FY25 – beating the consensus estimate of 0.4% – led by the communication vertical, followed by…
Source: Live Mint Infosys Ltd’s September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates. Excluding the retail sector, all other verticals grew quarter-on-quarter. As…
Source: Live Mint Infosys’ board has announced an interim dividend of ₹21 per share for eligible shareholders alongside its second-quarter results, setting October 29 as the record date for this purpose. The company has additionally set November 9 as the dividend payout date. “The Board of Directors of the Company at their meeting held on…
Source: Business Standard Infosys(Photo: Shutterstock) 5 min read Last Updated : Oct 15 2024 | 12:27 PM IST Infosys, the second largest Indian information technology firm is scheduled to deliver its financial results for the second quarter (July-September) of fiscal year 2024-25 (Q2FY25) on Thursday, October 17. Analysts expect Infosys to log strong…
Source: Business Standard 3 min read Last Updated : Oct 13 2024 | 4:41 PM IST Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said. Moreover, markets would also focus on…
Source: Business Standard 4 min read Last Updated : Oct 08 2024 | 1:01 PM IST Tata Consultancy Services (TCS), India’s largest IT software company, will kick-start the Q2 (September quarter) earnings season on October 10, Thursday. On the same day, another Tata Group IT firm – Tata Elxsi will also announce its July…
Source: Live Mint MUMBAI : The Nifty IT index rose around 14% in the September quarter, compared to the Nifty50’s 7% returns, reflecting hopes of demand recovery. The US Federal Reserve took a monetary policy pivot, cutting rates by a jumbo 50 basis points (bps) in September. One basis point is 0.01%. This major event…
Source: Live Mint — Nathan Mayer Rothschild 17 January 1991. Time: 2.38 am. Eight US Army Apache helicopters flew over the Iraqi–Saudi Arabian border and bombed some Iraqi radar sites. Five minutes later, 24 US Air Force fighter jets attacked airfields in Western Iraq. At 3 am local time, 10 more stealth attack jets raced…
Source: Live Mint Mumbai: Investors in India’s stock markets lost ₹3.79 trillion on Monday, after the benchmarks fell the most in a day in almost two months on heavy selling by foreign portfolio investors and retail clients. The Nifty shrank 1.41% to 25,810.85, and the Sensex fell 1.49% to 84,299.78. This was the biggest single-day…
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