Revenue Growth

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.