The country’s top five software services companies, including Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd, Wipro Ltd, and Tech Mahindra Ltd, dropped as much as 1.99%, 4.28%, 1.91%, 3.44%, and 2.8%, respectively, on Wednesday’s close. This selloff erased ₹75,414 crore from the market cap of the top five companies in the sector alone. … Read more
(Corrects first name of HSBC CEO in paragraph 4, date of results in paragraph 7) Planned cuts and fears of more dent morale, sources say Annual savings estimates range between $1.5 bln and $3.8 bln US tariffs cast shadow over global trade prospects By Sinead Cruise, Lawrence White and Selena Li LONDON/HONG KONG, Feb 17 … Read more
New Delhi, Feb 6 (PTI) Leading stock exchange BSE on Thursday reported its net profit doubling to ₹220 crore for three months ended December 2024. It posted a net profit of ₹108.2 crore in the same quarter preceding fiscal, BSE said in a statement. The exchange recorded its highest-ever quarterly revenue of ₹835.4 crore in … Read more