LTIMindtree Ltd reported its financial results for the quarter ended December 31, 2024, showcasing moderate growth in revenue, while profitability experienced some pressure. The company reported revenue amounting to ₹96,609 million, up by 2.4% QoQ and 7.1% YoY. Net profit stood at ₹10,867 million, showing a decrease of 13.2% QoQ and 7.1% YoY. In USD …
Ircon International Limited (IRCON) has been in focus on Friday. On January 17, 2025, IRCON share price opened at ₹215.00, down from its previous close of ₹220.41. At 11:39 AM, the share price of IRCON was trading at ₹217.36, down by 1.38% on the NSE. The market cap of the company stood at ₹20,443.05 crore. The focus …
Motilal Oswal Financial Services Limited has been in focus on Friday. On January 17, 2025, Motilal Oswal share price opened at ₹812.50, up from its previous close of ₹799.35. However, at 11:12 AM, the share price of Motilal Oswal was trading at ₹786.50, down by 1.61% on the NSE. The market cap of the company stood at …
On January 17, 2025, TCS shares to trade ex-date, which means that the shareholders registered in the company’s books as of today will be eligible for the IT giant ₹76 interim and special dividend. On January 9, 2025, TCS announced a 3rd interim dividend of ₹10 and a special dividend of ₹66 per Equity Share of ₹1 …
Panache Digilife Limited has announced the signing of a significant Manufacturing and Supply Agreement (MSA) with a global client for the production of laptops. This collaboration reflects the company’s commitment to delivering innovative solutions while bolstering its presence in the global electronics market. Leveraging Advanced Manufacturing Capabilities As part of this agreement, Panache Digilife will …
Havells India, the country’s largest home appliances manufacturer by market value, reported a nearly 2% decline in Q3FY25 profit on Thursday, as higher labour and advertising expenses impacted margins. Havells Q3FY25 Results: Revenue Rose 11% The company’s profit for the three months ending December 31 fell to ₹283 crore, compared to ₹288 crore in the …
On January 16, 2025, Sun Pharmaceuticals Ltd, India’s largest pharmaceutical manufacturer announced that its US subsidiary, Taro Pharma has agreed with Canada-based biotech company Antibe Therapeutics. As part of the deal, Sun Pharmaceuticals will acquire 100% of Antibe Therapeutics’ shares. The acquisition is expected to close by March 7, 2025, according to the company’s announcement. The transaction …
The week ended January 17, 2025, saw the Indian securities market on a roller coaster ride. The benchmark indices NSE Nifty 50 and BSE Sensex started the week with steep selling pressure, with a fall of 1.47% and 1.36% on January 13, 2025, respectively. For the consecutive 3 days, the market rebounded and gained over 1%. At the close …
EaseMyTrip’s spiritual tourism platform, EasyDarshan, has collaborated with the Ayodhya Development Authority (ADA) to launch the Tirth Yatri Sewa Booth at Lata Mangeshkar Chowk. This aims to make visiting Ayodhya’s sacred sites more accessible while also supporting the local community. Easy Trip Planners Ltd traded at ₹14.07 as of 11:59 AM on 17 Jan, showing …
Binod Kumar, formerly the executive director of Punjab National Bank (PNB), has been appointed as the Managing Director and Chief Executive Officer of Indian Bank. Kumar succeeds Shanti Lal Jain, who retired on 31 December 2024 upon superannuation. His appointment, effective for a term of three years, was confirmed through a government notification dated 16 …
