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2 mins read

Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%

At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…

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1 min read

Infosys Q1 net profit rises 7.1%, hikes FY25 growth outlook

Quarter-on-quarter the company's net profit fell 20 per cent from Rs 7,969 crore in the January-Mar…

PTI   


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Alphabet stock tumbles on mixed earnings results, but Goldman sees 25% upside ahead on AI strength

Goldman Sachs raised its price target for Alphabet stock after Tuesday's earnings call, pointing to…

Kelly Cloonan   


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1 min read

IREDA Q1 results: Profit after tax jumps to Rs 38,369.34 lakh

On a year-to-year basis, the company also succeeded in bringing down its net non-performing asset r…

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LVMH is waiting for China's consumers to shop at home

LVMH is continuing to spend big on marketing in China, even amid the country's economic gloom.

Huileng Tan   


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India's FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL

The report added that the product realisations are expected to grow modestly with slight increases …

ANI   


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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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SUVs to drive passenger vehicle volume 5-7% next financial year: Crisil

Passenger vehicle volume is expected to ascend to a new peak for the third straight time next finan…

ANI   


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Williams-Sonoma to pay $3.1 million after FTC sued it, saying it falsely labeled products as 'Made in USA'

Williams-Sonoma has agreed to stop using "deceptive claims and follow Made in USA requirements," ac…

Lauren Edmonds   


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Salesforce's new data and AI hires are coming from areas of the country with 'high talent pools, low cost of living'

Salesforce is ramping up hiring in areas with "high talent pools" and "low cost of living."

Ellen Thomas   


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5 mins read

Inside the astonishing, improbable resurrection of Abercrombie & Fitch

Abercrombie & Fitch has turned itself around to become the darling of millennial women and Wall Str…

Emily Stewart   


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3 mins read

'They're not going to keep buying this': 3 Wall Street analysts explain why Nvidia's best days are behind it

"The higher we go this year, the more we're going to fall next year," said Gil Luria, an analyst at…

Jennifer Sor   


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Jewellery consumption to grow by 10-12 pc value-wise in FY24 amid rise in gold prices: Report

Jewellery consumption, in terms of value, is expected to grow by 10-12 per cent in this financial y…

PTI   


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A clothing retailer that was at the heart of millennial fashion in the 2000s has nearly matched Nvidia stock's huge gains this year

Shares of longtime mall fixture Abercrombie & Fitch are up over 210% this year, and the retailer is…

Phil Rosen   


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This 'Goldilocks' scenario for the economy is looking more likely, and it would send the stock market soaring even higher

In this "Goldilocks" scenario, the S&P 500 would surge to 5,300 by the end of the year, representin…

Matthew Fox   


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3 mins read

Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24

Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second qua…

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2 mins read

Gaining market share in automation and cost optimisation deals: Infy CEO

After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…

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TCS revenue falls QoQ for the first time in 4 years; announces ₹17,000 crore buyback

TCS disappointed the street as it reported a 0.2% sequential fall in second quarter dollar revenues…

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As markets start to turn, consulting will be first to pick up: Wipro CEO

Wipro’s CEO Thierry Delaporte said on Friday that the IT service market is seeing greenshoots of ev…