TCS — India’s largest IT firm — on Wednesday kicked off a new earnings season for India Inc. The Tata group IT giant’s standalone net profit declined 5.4 per cent sequentially, worse than analysts’ expectations. Here are five key takeaways from the Tata group IT giant’s latest quarterly results: Top and bottom lines TCS registered…
The combined market valuation of seven of the top-10 most valued firms jumped Rs 1,06,250.95 crore last week, with Bajaj Finance and Reliance Industries emerging as the biggest gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark jumped 901.11 points, or 1.12 per cent, and the Nifty climbed 314.15 points,…
The combined market valuation of eight of the country’s top-10 most valued companies rose by Rs 1,72,148.89 crore last week, helped by a strong trend in domestic equities. The BSE benchmark index gained 709.19 points, or 0.87 per cent, during the same period. Among the gainers were Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank,…
The combined market valuation of five of the top-10 most valued firms increased by Rs 60,675.94 crore last week, with State Bank of India and HDFC Bank emerging as the lead gainers in line with a positive trend in equities. In a holiday-shortened last week, Sensex climbed 739.87 points or 0.92 per cent, and the…
The combined market valuation of 6 of the top-10 most valued firms diminished by Rs 2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark gauge declined by 294.64 points or 0.36 per cent. “Markets ended lower for the fourth straight…
The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent. In the top-10 pack, Reliance Industries,…