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HCL Tech Q2 Results: Net profit rises 9.8% to ₹3,832 crore, revenue up 8% YoY; dividend declared HCL Tech Q2 Results: The IT services company's revenue from operations in the second quarter of current fiscal stood at ₹26,672 crore, registering a growth of 8.04 per cent, compared to ₹24,686...

Infosys Q2 results: Attrition narrows to 14.9% even as headcount shrinks by 7,530 in September quarter Infosys reports 3.1% rise in net profit as headcount shrinks, attrition narrows

HCL Tech Q2 Results: Attrition falls to 14.2% in September quarter, headcount reduces by 2,299 HCL Tech Q2 FY24: The IT major wittnessed an attrition rate of 14.2% in September quarter of the current financial year

Accenture vs TCS: Amid muted quarter, which IT major gave salary hikes? Check variable pay, other details TCS, the largest IT services company in India, will make 100% variable pay for a majority of its employees for the quarter ended September 2023.

Deutsche Bank’s Shaparia gets Asia role Shaparia’s expanded role is subject to relevant regulatory approvals. As CEO of Emerging Asia, he will oversee Bangladesh, Indonesia, Malaysia, Philippines, Sri Lanka, Thailand and Vietnam

HDFC MF sells 2% in Persistent for ₹905 cr The stake sale has lowered HDFC AMC’s stake to 3.06% in the $5 billion Pune-based IT firm, in which the country’s top fund managers held over 23.5% through 35 different schemes as of June end.

Suzlon Energy to convert 16 lakh partly paid-up to fully paid-up equity shares Suzlon Energy said it was in process of completing necessary formalities for corporate actions and obtaining listing and trading approvals.

Infosys Q2 Results Live Updates: IT major likely to see muted revenue growth, margins to remain flat Infosys Q2 Results Live Updates: Infosys is expected to report soft numbers for the July-September quarter of the current financial year (Q2FY24) with muted revenue growth due to continued demand...

Thomson eyes market share via Make in India amid change in laptop import norms The Indian personal computers market grew 5.9% sequentially in quarter ended June, but declined 15.3% on-year

RBI permits SBI Mutual Fund to acquire 9.99% paid-up share capital in IndusInd Bank SBI MF has been advised by the central bank to complete the acquisition by October 10, 2024. The mutual fund body has also been told to ensure that its aggregate holding in the bank does not exceed 9.99 percent.

Dunzo exits continue amid rejig: After co-founder, now head of finance leaves cash-strapped startup Cash-strapped Dunzo sees yet another top-level exit amid restructuring

Go First airline gets expression of interest from Jindal Power: Report Go First's resolution professional, who conducts the insolvency process, and Jindal Power did not immediately respond to Reuters requests for comment.

Can Srinivasan turn India Cements around? While Srinivasan is trying to pull the haemorrhaging company back from the brink, improving efficiency will be harder

Grasim board to consider fund-raise This comes at a time when the Kumar Mangalam Birla-led textile manufacturer is set to launch its paint vertical

Sidharth Rath resigns as SBM India head before term ends Rath decides not to renew contract, board seeks change in leadership.

TCS stumbles amid economic concerns Company grapples with slowing growth as clients cut spending

Urban Co forays into consumer appliances The home services platform launched a range of water purifiers under the Native brand, which will compete with the likes of Hindustan Unilever (Pureit) and Kent RO Systems

Foreign companies without PAN can open bank account in IFSC-Gift City The Finance Ministry has amended Income Tax Rules exempting non-residents opening a bank account from the requirement of submitting PAN

Norway’s Orkla recasts India business for bigger play in spice market Orkla India aims to expand existing brands in south Indian states, focusing on building local brands.

Birla Carbon acquires Belgium battery materials maker The acquisition will help Birla Carbon expand its presence in the energy systems market