Strong order books keep automakers driving past slowdown fears
ICRA expects India Inc. to post 8-10% year-on-year revenue growth in Q3 FY26, supported by festive and rural demand, GST rationalisation and easing costs
Varun Beverages share price fell 2% after Q3CY25 results despite 19% profit growth. Analysts stay positive, citing Africa expansion, Carlsberg tie-up, and steady demand outlook.
Strong Q3 revenue growth and client investments in digital modernisation drive optimism
US-based IT major Cognizant, which has a substantial number of employees in India, on Wednesday reported a better-than-expected growth with its revenue rising 7.3 per cent year-over-year to USD 5,415 million for the quarter ended September 2025. In the last quarter, the company had guided its third-quarter revenue to be between USD 5.27-5.35 billion. Cognizant which follows a January-December financial year had earned a revenue of USD 5,044 million in Q3 2024. The Nasdaq-listed IT services firm raised the lower end of its full-year revenue growth forecast, pegging it at USD 21.05-21.10 billion, as against USD 20.7-21.1 billion earlier. Cognizant CEO Ravi Kumar S said this marks the company's fifth consecutive quarter of year-over-year organic revenue growth, and its strongest sequential organic growth since 2022. We maintained our large deal momentum, signing six large deals in the quarter, bringing our year-to-date total to 16, with 40 per cent growth in large deal TCV (Total ..
Varun Beverages stock was trading at ₹496.5, up 9.3 per cent compared to the previous session's close of ₹454.15 on the NSE
Elon Musk highlighted Tesla's Q3 AI and robot projects and his trillion-dollar pay plan, but gave few details on reviving EV sales after a 40 per cent profit drop
British FMCG major Reckitt on Wednesday said implementation of new GST slabs in India impacted its net revenue growth in the September quarter. However, the company reported volume-led growth in its germ protection brand Dettol in markets, including India, which helped it grow by double digits in the quarter. Besides, in the Intimate Wellness category, its brand Durex continued to gain market share in India, Reckitt said in its earnings statement. "We continued to drive encouraging sell-out performance in India, whilst LFL net revenue growth (low single digit) was impacted by the GST regime change in September. This resulted in a shift of trade orders to Q4," said Reckitt. However, this short-term disruption, Reckitt said, its "like-for-like (LFL) net revenue growth in India remains high single digit through 2025 YTD. Reckitt operates in the Indian market with power brands, which include Lysol, Vanish, Strepsils, Veet, Dettol, Harpic, and Durex. Leading FMCG makers in India repor
The buying on the counter came after the company released its Q3 results. It follows the January to December financial calendar
The founder and CEO's bullish outlook contrasts with recent signs of fatigue in AI-focused stocks and comments from industry leaders about overheated investor enthusiasm
The government, in partnership with LIC, plans to sell a 60.72% stake in IDBI Bank. Financial bids are expected by Q3FY26, with the transaction to be completed by FY26
Accenture reports 8% YoY growth in Q3 revenue, lifts FY25 forecast, as EPS climbs 15%, operating margin strengthens, and generative AI bookings reach $1.5 billion
Insolation Energy on Monday reported a 60.89 per cent rise in its net profit to Rs 65 crore in the October-March period of FY25, against the same period a year ago. The company had posted a Rs 40.4 crore net profit in the six-month period of preceding 2023-24 financial year, the company said in an exchange filing. Revenue from operations increased by 57.3 per cent to Rs 721.7 crore from Rs 458.8 crore during the period under review. Insolation Energy is a solar panel manufacturer in India, headquartered in Jaipur, Rajasthan. The company currently operates two manufacturing units, with a third facility set to become operational within the next two months.
BEL share price rose after the company announced that it has bagged an additional order of ₹572 crore.
Telecom service providers reported a 14.07 per cent increase in their gross revenue to Rs 96,390 crore in the December quarter on a year-on-year basis, according to data published by telecom regulator Trai on Thursday. The telecom service providers (TSPs) had registered a gross revenue of Rs 84,500 crore in the year-ago period. According to Indian Telecom Services Performance Indicators for October-December, telecom service providers adjusted gross revenue (AGR), revenue from telecom services on which government calculates its levies, grew 14.89 per cent to Rs 77,934 crore during the period on a year-on-year basis from Rs 67,835 crore. While Reliance Jio led the chart with highest AGR of Rs 28,542.76 crore. Bharti Airtel's AGR growth rate at 27.31 per cent on a year-on-year basis was almost double of its rival Jio that recorded 14.8 per cent a year-on-year growth rate. Bharti Airtel posted AGR of Rs 26,073.7 crore during the quarter under review. Vodafone Idea AGR grew 6.69 per ce
After a period of being net buyers in the first half of the fiscal year, FIIs reversed their stance in the second half, unloading over ₹1.5 lakh crore worth of Indian equities
The uptick in RIL's share price followed an upgrade from domestic brokerage firm Kotak Institutional Equities, which raised its rating to 'Buy' from 'Add'
As per National Stock Exchange (NSE) bulk deal data, Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold 1,67,802 shares at Rs 1,865 per share and 89,314 shares at Rs 1,960 per share
As per National Stock Exchange (NSE) bulk deal data, Integrated Core Strategies (Asia) Pte sold 50,86,943 shares for Rs 986.74 per share through a bulk deal
SpiceJet has been posting losses for the past six financial years. The airline was last in the green in 2017-18, when it recorded a consolidated net profit of Rs 557.4 crore