FINANCIAL GUIDANCE

I do not want to give you guidance on any number, but clearly the order book looks extremely healthy, not only across mobile vertical which is the largest trigger for our growth, I think so even IT hardware opportunities looking very promising.

Infosys and LTIMindtree are expected to lead a modest increase in average growth for Indian software service providers in the first quarter of FY25. However, previous top performers, Tata Consultancy Services (TCS) and HCLTech, may see pressure on p...

Stating that Tech Mahindra remains a ‘buy' on turnaround hopes while KPIT Technologies and Tata Technologies are structural bets on auto ER&D theme, domestic brokerage firm JM Financial believes that Q1 results for the IT sector could positively sur...

MyFi is a personalised product created specifically for India, taking inspiration from its successful US counterpart, Magnifi, as explained by Kiram Nambiar, cofounder and CEO of MyFi said. MyFi is compatible with Android and iOS operating systems, ...

I think these are things that we have to monitor very carefully and hopefully once the budget is out and announced and the revenues trickle into the economy, I think we will see some benefits from that. So, all in all, we are looking at a better sec...

Accenture's strong financial performance, driven by AI adoption, generative technologies, and strong revenue growth, positions it as a key player in the IT services sector.

The US Federal Reserve is anticipated to announce its key policy decision, including the trajectory of interest rate cuts and navigation of the economic landscape amidst inflation concerns.

The real pitfalls arise when bad financial products are marketed as good ones, and investors fail to recognise the deceit. If you are saving and investing, encountering such schemes is inevitable; it’s not an exception, but certainty. Thus, a more c...

She advised the staff to start investing in mutual funds and should follow SIP mode of investment. The number of SIP accounts has also increased from 2.73 crore in June 2019 to 8.70 crore in April 2024, according to the monthly data released by AMFI.

The testimony in Donald Trump's New York hush money trial has concluded, moving to closing arguments, jury deliberations, and a possible verdict. Closing arguments, starting Tuesday, will summarize key points, with the defense aiming to create reaso...

We have delivered 7% EBITDA for the year and we are looking at about 150 bps expansion into next year.Now, of course out of this, two-third of this will be driven by marketing A&P efficiencies. I think one thing that everyone needs to understand is ...

NIIT Learning Systems on Wednesday posted a marginal growth of 0.92 per cent to Rs 54.43 crore in consolidated net profit for the quarter ended March 31, 2024. It had reported a net profit of Rs 53.93 crore in the year-ago period.

Neetu Kashiramka, MD of VIP Industries, anticipates a margin increase to 18% next year, emphasizing strategies for FY25 and the implications of shifting manufacturing to India. The discussion covers various aspects including market share targets, e-...

The Reserve Bank of India (RBI) updated its "guidance note" on operational risk management for the financial sector, extending it to include NBFCs and housing finance companies. The note highlights that operational disruptions can threaten the viabi...

​As you know we operate at 102 branches, but maximum we are gaining market share there and going forward whatever guidance we have given 35% to 40%, I think in the past also we have over-delivered. Going further, we will stick to our guidance and we...

A ‘Bharat Women Aspiration Index Report’ by Tide India reveals a critical gap: 95% of surveyed women lack awareness of government schemes that could help finance their businesses, forcing them to rely on informal lenders.

Revenue guidance for FY25, a key monitorable for investors, remained conspicuously circumspect, although India’s outsourcing bellwether announced its biggest M&A deal in history, committing nearly about half a billion dollars.

The monetary policy review meeting is expected to consider various factors including domestic stability, global rate trends, and demand-supply dynamics, shaping the outlook for the financial year.

The company reported net sales at $3.9 billion for the third quarter of fiscal year 2024, which decreased 6% versus the prior year period driven by lower average aluminum prices as shipments were in line with prior year levels.