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Infosys Q1 Results: FY24 revenue guidance sharply trimmed to 1-3.5% on challenging demand environment; check details Infosys Q1 Results: The IT major sharply trimmed its revenue guidance for FY24 to 1-3.5 per cent from 4-7 per cent amid an increasingly challenging demand environment.

L&T Board to consider share buyback, special dividend on 25 July L&T plans to discuss a buyback during a board meeting on July 25. The meeting will also cover financial results and a special dividend proposal.

Zensar Tech Q1 Results: Net profit rises ₹148.8 crore Earlier in the Q1 FY 2023-24, the firm registered a net profit of only ₹54.9 crore.

Infosys attrition rate drops in Q1, employee headcount falls marginally IT services company Infosys reports an 11% increase in Q1 net profit to ₹5,945 crore but lowers full-year growth outlook to 1-3.5% due to uncertainties. The attrition rate improves to 17.3%. headcount declines to 336,294...

United Spirits Q1 Results: Net profit jumps 82% on year to ₹476.7 crore United Spirits Q1 net profit jumps 82% YoY to ₹476.7 crore, while revenue from operations falls 18.6% YoY to ₹5,808.4 crores.

L&T Innovation Campus board approves merger with L&T Seawoods The Board of Directors approved a scheme of arrangement for the merger on July 19

Infosys Q1 Result: Revenue guidance trimmed, headcount falls QoQ; six key points from the IT major's Q1FY24 earnings Infosys Q1 Result: Infosys' Q1FY24 net profit rose 11 per cent YoY to ₹5,945 crore, while revenue increased 10 per cent YoY to ₹37,933 crore. The company revised its revenue...

Blackstone Reaches $1 Trillion in Assets Under Management Private-equity firm becomes first among its peers to hit that mark

'We still have a hiring target, but…': What Infosys CEO Salil Parekh said while announcing Q1 results Infosys Q1 results show attrition numbers and demand environment will shape hiring decisions. Company has not announced hiring targets at this time.

Air India finalises deal with CFM for 400 aircraft CFM's LEAP engines will power the Tata Group-backed airline's new fleet of 210 Airbus A320neo/A321neos and 190 Boeing 737 MAX family aircraft

Infosys Q1 results LIVE: IT major likely to deliver muted revenue growth, softer margins Infosys is expected to report muted revenue growth in Q1FY24 with a possible decline in operating margin on account of project cancellation amid macro headwinds in the key global markets.

Sequoia Capital witnesses departures of long-time partner Michael Moritz, other key partners Sequoia Capital, the prestigious venture capital firm, is undergoing significant changes with the departure of several partners, including long-time partner Michael Moritz. Sequoia Capital Michael...

Netflix restricts password sharing model in India. Details here Netflix is cracking down on password sharing in India, sending emails to customers reminding them that accounts are meant for use within a single household. The company is emphasizing new features like Transfer Profile, Manage...

HDFC Bank CEO Jagdishan's remuneration soars by 62% in FY23; Raises concerns over attrition HDFC Bank's MD and CEO Sashidhar Jagdishan saw a 62% increase in his remuneration in FY23, reaching ₹10.55 crore. Deputy MD Kaizad Bharucha received ₹10.03 crore. Jagdishan expressed concerns over the...

HUL earnings today: Key things to watch out for Brokerages expect HUL to report organic volume growth of 4-5% apart from improvement in gross margins due to moderation in commodity inflation

Reliance-JFSL demerger: Cost of acquisition of RIL, Jio Financial Services shares declared. Details here Reliance-JFSL demerger: RIL board declares cost of acquisition for Reliance Industries Ltd as 95.32% and 4.68% for Reliance Strategic Investments Limited

Elon Musk's Tesla will spend over $1 billion dollars on Dojo Supercomputer. Here's why Tesla plans to invest over $1 billion in Project Dojo, a supercomputer capable of processing large amounts of data for self-driving car software. The announcement caused Tesla's stock price to slide 4% in...

FPIs continue to extend buying spree in Indian equities in July Foreign portfolio investors (FPIs) made net purchases of Indian shares worth $3.74 billion in the first half of July, driving benchmarks to record highs. FPIs have invested $18.7 billion in Indian shares since March.

Nearly Every Travel Company Has a Loyalty Program. Why Doesn’t Airbnb? The most popular short-term rental company has hinted at adding its own reward system in the past, but now finds itself behind a competitor

Reliance Q1 results tomorrow; O2C segment may be weak; telecom, retail to lend support Reliance Industries' Q1FY24 results may be impacted by weak performance in the oil and chemicals segment, but the retail and telecom segments are expected to show healthy growth that could offset the weakness.