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Elon Musk cancels trip to India as Tesla's struggles continue in the US

Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 earni…

BI India Bureau   


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3 mins read

Stock market closing: Sensex climbs over 1,000 points to close the week, Nifty ends the day at over 24k mark

Most broad market indices closed the day in green, with Nifty Next 50 inching up by 1.82%, Nifty 10…

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Hindustan Zinc Q3 net profit falls to Rs 2,028 crore

On a quarter-on-quarter (q-o-q) basis, the company's profit grew 17 per cent as against Rs 1,72…

PTI   


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6 mins read

Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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Reliance Jio’s standalone Q3 net profit rises 12.2% to ₹5,208 crore

​​India's largest telecom operator Reliance Jio on Friday posted a 12.2% rise in its net profit for…

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4 mins read

'Gaining share': Here's what Wall Street expects from Amazon's 2nd-quarter earnings

"There are some signs of consumer softening, but we think Amazon is gaining share," Bank of America…

Matthew Fox   


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Auto and banking stocks drive Sept quarter earnings as market gurus upgrade FY24 estimates

Earnings of India’s top 50 listed companies delivered stellar earnings during the September quarter…

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Ola Electric Mobility losses widen to ₹347 crore in Apr-Jun quarter

Revenue from operations for the quarter under review was Rs 1,644 crore against Rs 1,243 crore …

PTI   


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Wipro's first quarter show points to multiple battles ahead

Bangalore-based tech major Wipro will bear the brunt of the adversity, as it signalled another weak…

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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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1 min read

Renuka Sugars loss widens to Rs 205.6 cr in Sep 2023 quarter

Total income rose to Rs 2,564.7 crore in the July-September period of this fiscal year from Rs …

PTI   


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BoB Q2 net profit jumps 28% to ₹4,253 crore

Bank of Baroda (BoB) on Saturday reported a 28 per cent rise in its net profit to Rs 4,253 crore fo…

PTI   


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Devyani International reports Q1 profit of ₹224 crore

Revenue from operations in the quarter was Rs 1,221.90 crore as against Rs 846.63 crore in the …

PTI   


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IT demand is ‘normalising’ after pandemic highs, says Wipro CEO

Tech major Wipro’s MD & CEO Thierry Delaporte said on Thursday that technology investments are norm…

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Hindalco shares slump 13% after Novelis results

Hindalco Industries shares slumped 13 per cent on Tuesday after its subsidiary, Novelis reported a …

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Wall Street says Nvidia's post-earnings dip is an 'invitation to buy'

"We think the sell-off is an opportunity to accumulate the stock. This is not the internet bubble,"…

Matthew Fox   


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RBL Bank Q3 profit rises 11% to Rs 233 crore

Private sector RBL Bank on Friday reported an 11% increase in its profit to Rs 233 crore in the thi…

PTI   


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Central Bank of India logs Rs.717 crore net profit for Q3

Public sector mortgage lender, Central Bank of India closed the third quarter of FY24 with higher n…

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Ashok Leyland PAT nearly triples to Rs 561 cr in September quarter

Commercial vehicle maker Ashok Leyland on Thursday said its profit after tax nearly tripled to Rs 5…

PTI   


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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…