Syngene International Q4 profit up 20% to Rs 120 cr after robust growth in main divisions; income rises
Shares of Syngene International Ltd closed at Rs 325.30 on BSE, up 1.91 percent from the previous close.
Hexaware Technologies Q1 net profit rises 26.3% to Rs 175 cr, revenue up 22%; suspends annual guidance for FY20
Hexaware said the company was early in transitioning to work from home (WFH) mode, much before the government-mandated lockdown.
Cognizant withdraws 2020 growth forecast in wake of uncertainty over coronavirus impact; says long-term business fundamentals strong
For 2020, Cognizant had said it expects its revenue growth to be in the range of 2-4 percent in constant currency.
NASSCOM pegs FY20 revenue growth at 7.7% at $191 bn for IT industry in current fiscal; sector adds 2 lakh jobs
The IT industry body had last fiscal discontinued an over two-decade-old practice of forecasting revenue growth, citing the fast-changing dynamics of the industry.
Cognizant Q3 net profit rises 4.1% to $497 mn; company to slash 7,000 jobs as part of cost reduction drive
Cognizant will remove about 10,000-12,000 mid-to-senior level associates worldwide from their current roles in coming quarters, it said.
Tata Motors Q2 net loss at Rs 188 cr on dip in demand for company's vehicles in domestic market; JLR returns to profitability
On standalone basis, Tata Motors said its net loss for the quarter was at Rs 1,281.97 crore as against a profit of Rs 109.14 crore in the year-ago period.
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Corporate India's revenue growth hits six-quarter low in Q4 on weak consumer sentiments: ICRA report
Weakness in consumer sentiments and softening commodity prices have led India Inc to deliver six-quarter low revenue growth of 10 percent in the fourth quarter of FY19, a report said on Thursday
HCL Technologies Q4 net up 14% to Rs 2,550 cr, declares interim dividend of Rs 2 per share; aspires for $10bn revenue in FY20
HCL Technologies saw its revenue growing 21.3% to Rs 15,990 crore in the quarter under review from Rs 13,178 crore in the January-March 2018 quarter.
Procter & Gamble India clocks 15% sales growth during July-December 2018; revamped strategy yields results
Procter & Gamble had reported a 10.64 percent increase in net profit at Rs 115.56 crore for the first quarter ended 30 September, 2018.
Infosys shares gain nearly 4% on share buyback; firm raises this fiscal's revenue growth forecast to 8.5-9%
Infosys on Friday reported a 30 percent drop in its December quarter net profit on higher expenses even as it approved a Rs 8,260-crore share buyback — the second in less than 13 months' time.
Indian SMEs focusing on innovation, efficiency for driving revenue growth; funds a challenge: Survey
Indian SMEs are going 'back to basics' with a focus on growing current market share, increasing operational efficiency and maintaining current company strengths to unlock growth in 2018.
PepsiCo reports double-digit organic revenue growth in India, Asia, Middle East and North Africa markets
Global food and beverages major PepsiCo has reported 'strong double-digit organic revenue growth' in the third quarter of 2018 from India and other AMENA zone markets including China, Saudi Arabia and Egypt.
Chandrasekaran's optimism comes amidst the uncertainties about the outcome of the forthcoming American presidential polls scheduled for November 8 wherein the Republican hopeful Donald Trump has threatened to end outsourcing and put up many trade protectionist measures if elected to the White House.
On sequential basis, Infosys' net profit rose 3.8 percent from Rs 3,465 crore in the October-December quarter while revenue was up 4.1 percent from Rs 15,902 crore during the same period.
Rating agencies have said while some of the revenue growth expectations expressed are optimistic, the government will have to deliver on the fiscal targets
Cognizant Technology Solutions Corp (CTSH.O) reported better-than-expected quarterly results as revenue from Europe excluding the UK jumped 54 percent, and the IT services provider raised its forecast for the year
Worldwide external controller-based (ECB) disk storage vendor revenue totaled $5.3 billion in the third quarter of 2012.