The FinTech Hub
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: Business Standard Reliance (Photo: Shutterstock) 3 min read Last Updated : Oct 13 2024 | 12:26 PM IST The combined market valuation of seven of the top-10 most valued firms eroded by Rs 1,22,107.11 crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in line with weak…
Source: Live Mint MUMBAI : IT bellwether Tata Consultancy Services Ltd (TCS) raised the curtains on the sector’s September quarter (Q2FY25) earnings with subdued performance. Sequential constant currency revenue growth at 1.1% slightly missed the consensus estimate of 1.3%. Weaker growth in the North American market dragged overall growth even as the traction in the…
Source: Live Mint IT giant Tata Consultancy Services (TCS), on Thursday, announced a second interim dividend of ₹10 per share on Thursday. The payment date for the dividend is set for November 5, 2024, with the record date fixed for October 18, 2024. Before that, the company paid a final dividend of ₹28 to its…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Tata Stocks: Tata group companies are likely to be in focus following the passing of Chairman Emeritus, Ratan Naval Tata, during the night of Thursday, October 10. Adani Enterprises: The company has launched a qualified institutional placement (QIP)…
Source: Live Mint Tata Group stocks are all set to remain in focus on Thursday’s trading session following the demise of Ratan Tata, the chairman emeritus of Tata Sons and a legendary industrialist who played a key role in developing one of India’s largest and most influential conglomerates, on Wednesday night. In a media statement,…
Source: Live Mint In a tumultuous week for Indian markets, nine out of the top ten most valuable companies in India saw their market capitalization plummet by a staggering ₹4,74,906.18 crore. This significant erosion in value came as the broader market faced severe headwinds, with the BSE benchmark index plunging by 3,883.4 points, or 4.53…
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 2:29 PM IST Shares of information technology (IT) companies slipped up to 6 per cent on the National Stock Exchange (NSE) in Wednesday’s intra-day trade as investors booked profit in the stocks ahead of a crucial Federal Reserve interest-rate decision. …
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 12:28 PM IST ICICI Bank’s market capitalisation (market cap) touched Rs 9 trillion mark after its share hit a new high of Rs 1,280, up 1 per cent on the BSE, in Wednesday’s intra-day trade. In one week, the stock of the…
Source: Business Standard 3 min read Last Updated : Sep 10 2024 | 2:51 PM IST Shares of information technology (IT) companies are in demand, with their shares having rallied up to 6 per cent on hopes of a recovery. The IT sector is now on the cusp of a mild but possibly sustained recovery…
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