Tech entrepreneur turned philanthropist and public servant, Bagchi talks to Pavan Lall about learnings from corporate existence and why Covid-19 planning needed more attention and foresight
The Nifty Pharma index was the only index that ended in thee green, up 0.17 per cent
ICICI Lombard General Insurance Company reported 23 per cent YoY rise in net profit at Rs 346 crore for March quarter 2020-21
After a strong finish to FY21, the key trigger for the stock would be the growth metrics the company will deliver in FY22
Mindtree, a global technology services and digital transformation company, announced its consolidated results today for the fourth quarter ended March 31, 2021
Revenue rises 2.9%, board recommends of 175% final dividend or Rs 17.5 per share
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For the year, Mindtree delivered revenues of $1,076.5 million and margin expansion of 680 bps, while increasing their order book by 12.3 per cent
Wipro, which jumped 10 per cent in the intra-day trade and hit a record high of Rs 474 on the NSE, ended as the top gainer on the Nifty after clocking its best performance in Q4 in a decade
Government has issued a request for proposals to engage legal advisors, merchant bankers and selling brokers to sell a 20 per cent stake in National Fertilizers via OFS
Bagchi is the Odisha Skill Development Authority chairman
An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index
The $1.9 trillion Covid relief bill stimulus, if passed, will boost the US economy and will, in turn, positively impact the IT industry, ICICI Securities said in a note
Wipro, Mindtree, Mphasis and Coforge from the Nifty IT index were up in the range of 3 per cent to 5 per cent on the NSE
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The management said the company was witnessing strong business momentum across all verticals with a significant demand for cloud, data and analytics capabilities
The promoter of Adani Green Energy, Adani Trading Services LLP, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm
Ability to sustain margins, valuations could limit stock upside
On a sequential basis, net profit grew 28.7 per cent and revenue was up 5.1 per cent.
L & T-owned digital transformation company Mindtree reported 28.7 per cent sequential growth in consolidated profit at Rs 327 crore for the quarter ended December 2020 as compared to Rs 254 crore in Q2 FY21.Consolidated revenue grew by 5.1 per cent quarter-on-quarter to Rs 2,024 crore and dollar revenue increased by 5 per cent to USD 274.1 million during the October to December period 2020.The bounce in numbers was backed by growth across verticals and robust margin expansion with a strong order book."The third quarter has by far been the best performing in recent years, backed by broad-based revenue growth of 5 per cent across verticals and service lines, robust margin expansion of 350 basis points and a healthy order book of USD 312 million (against USD 303 million in Q2FY21)," said Debashis Chatterjee, Chief Executive Officer and Managing Director."We are witnessing strong business momentum across all verticals with significant demand for cloud, data and analytics capabilities.