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Wipro Q2 net profit rises 35% to Rs 2,553 crore
Tue, Oct 15, 2019
IT major Wipro on Tuesday posted 35 per cent rise to Rs 2,553 crore in the second quarter of the ongoing fiscal as against compared with 1,889 crore in the corresponding period of the last year.
Finance Minister Arun Jaitley, RBI officials to discuss banks' bad loans today
Fri, Mar 10, 2017
FM Arun Jaitley will meet senior Reserve Bank of India (RBI) officials in New Delhi on Friday to discuss the issue of banks` non-performing assets (NPAs) or bad loans, according to sources.
Britannia swats demonetisation woes; net profit up 5% in October-December
Mon, Feb 13, 2017
Britannia Industries on Monday reported 4.6% jump in the consolidated net profit for the third quarter of fiscal year 2016-17 (FY17).
Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII
Fri, Jan 13, 2017
Terming demonetisation as a right long-term decision despite short-term "disruptions", CII President Naushad Forbes has said consumer demand is expected to return to full normalcy in April-June quarter after seeing a 20% fall in the 50-day period after the note ban.
Unitech sales bookings up 29% to Rs 678 crore in April-September of FY17
Sun, Dec 18, 2016
Realty firm Unitech's sales bookings increased by 29% to Rs 678 crore during the first six months of this fiscal mainly on the back of higher sales in the commercial segment.
Oracle's revenue growth falls short of analysts' expectations
Fri, Dec 16, 2016
Business software maker Oracle Corporation`s adjusted revenue missed analysts` estimates for the seventh time in the last eight quarters, showing that its shift to cloud-based offerings is taking longer than Wall Street expected.
Life Insurance Corporation hikes stake in Bata to 7.05%
Sun, Dec 11, 2016
State-owned Life Insurance Corporation (LIC) has hiked its stake in footwear major Bata India by 2.03%, taking its total shareholding to 7.05% in the company.
Govt must up public expenditure to push consumption: Assocham
Sun, Dec 04, 2016
Arguing that private consumption will take a "significant hit" at least in the next two quarters following demonetisation, Assocham on Sunday said the government should jack up its public expenditure in 2016-17.
ArcelorMittal steels investors for brittle profits
Tue, Nov 08, 2016
Global steel giant ArcelorMittal said on Tuesday it has earned a net profit of $700 million (633 million euros or nearly Rs 4,656.93 crore) last quarter, but warned low prices in the United States (US) and rising input costs would squeeze future earnings.
October Heat: Festive sales fail to cheer Bajaj Auto
Wed, Nov 02, 2016
Moreover, festive demand too does not seem to ring sales registers for the company. It expects single-digit growth in the festive season sales for the industry.
Indian smartphone shipments touch record high in July-September
Mon, Oct 31, 2016
The Indian market gave smartphone companies a reason to cheer, with mobile phone shipments reaching record high levels in the July - September quarter.
Idea's net profit slumps 88% due to fierce competition
Mon, Oct 24, 2016
Idea Cellular in its Q2 results reported an 88% decline in its net profit as fierce competition in the telecom industry saw it offering cheaper voice and data plans. The company's net profit declined to Rs 91.4 crore in Q2 FY17 from Rs 762.2 crore in the same quarter last year.
HCL Technologies' Q2 consolidated net profit up nearly 16%; stock up 3.17%
Fri, Oct 21, 2016
HCL Technologies on Friday posted nearly 16% rise in its consolidated net profit for the second quarter (Q2) ended on September 30, 2016.
JSW Steel's Q2 crude steel production up over 22% to nearly 4 MT
Mon, Oct 10, 2016
JSW Steel has reported over 22% growth in its crude steel production for the July-September quarter of the fiscal year 2016-17 (FY17).