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Wipro’s net income grows 21 pc YoY in Q2, announces 1:1 bonus share

Oct 17, 2024

Bengaluru, Oct 17 (IANS) IT major Wipro on Thursday reported net income in the July-September period (Q2 FY25) at Rs 3,209 crore -- a 6.8 per cent quarterly growth and 21.3 per cent annual growth. The company also announced a 1:1 bonus share issue.Gross revenue was Rs 22,300 crore ($2,662.6 million), an increase of 1.5 per cent (on-quarter) and a…

IT major Infosys logs 4.7 pc increase in Q2 net profit at Rs 6,506 crore

Oct 17, 2024

New Delhi, Oct 17 (IANS) IT major Infosys on Thursday reported a 4.7 per cent increase in net profit (year-on-year) in the July-September period (Q2 FY25) to Rs 6,506 crore from Rs 6,212 crore in the year-ago quarter. The IT bellwether's…

Business

Sensex sheds 494 points, Nifty settles below 24,800

Oct 17, 2024

Mumbai, Oct 17 (IANS) The Indian benchmark indices closed in red on Thursday as there was a weak sentiment in the market due to lower corporate earnings. The BSE Sensex closed at 81,006.61 after slipping 494.75 points or 0.61 per cent.NSE…

Business

1,600 metric tonnes onions to arrive in Delhi-NCR via rail route: Centre

Oct 17, 2024

New Delhi, Oct 17 (IANS) The government on Thursday announced that 1,600 metric tonnes (MT) of onions are set to arrive from Nashik in Delhi-NCR via the rail route by October 20 to stabilise the prices of the staple food in the festive…

Business

Expo Bazaar B2B Cash & Carry Launch: Brand Managers Discuss Innovation in Home, Lifestyle…

Oct 17, 2024

Expo Bazaar, a subsidiary of India Expo Centre & Mart, Greater Noida, and a premier marketplace for home, lifestyle, and fashion products, is excited to announce the launch of its first-ever India B2B Cash & Carry platform. This…

Business

Alternative fuels can drastically cut logistics costs, air pollution: Nitin Gadkari

Oct 17, 2024

New Delhi, Oct 17 (IANS) Highlighting the importance of biofuels in achieving energy independence while tackling air pollution caused by stubble burning, Union Minister of Road Transport and Highways, Nitin Gadkari, said on Thursday that…

Business

Affordable fashion, premium electronics fuel India’s festive sales as consumption rises

Oct 17, 2024

Bengaluru, Oct 17 (IANS) As India kicked off online festive season sales, affordable fashion and premium electronics emerged as the top-performing categories, as private consumption surged especially in the rural parts of the country, a…

Business

India’s readymade garment exports surge despite global headwinds: AEPC

Oct 17, 2024

New Delhi, Oct 17 (IANS) India’s readymade garment (RMG) exports recorded high growth of 17.3 per cent despite global headwinds and continued inflationary pressure, the Apparel Export Promotion Council (AEPC) said on Thursday.The RMG export…

Business

GCCs to ramp up freshers’ hiring by 40 pc in India in FY25

Oct 17, 2024

New Delhi, Oct 17 (IANS) Global Capability Centers (GCCs), which have emerged as significant employers of fresh talent, are expected to increase fresher hiring by 40 per cent compared to the previous year, according to a report.The report…

Business

Maruti Suzuki India crosses production of 1 crore units at Manesar facility

Oct 17, 2024

New Delhi, Oct 17 (IANS) Leading automaker Maruti Suzuki India Limited on Thursday said it has crossed the 1-crore cumulative production milestone at its Manesar facility in Haryana.With this, the facility became the fastest among Suzuki’s…

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