IBM Q1 REULTS
Delhivery slides back to losses; Prosus names new CEO
Logistics startup Delhivery fell back into the red for the March quarter but managed to narrow its losses on a year-on-year basis. This and more in today’s ETtech Top 5.
LTIMindtree announces dividend of Rs 45 per share
A final dividend of Rs 45 per share has been recommended by the board of directors of LTIMindtree as the company also announced its Q4 earnings result on Wednesday.
Paytm trims Q3 losses; Dream11 FY23 revenue grows 66%
Digital payments major Paytm on Friday said it has narrowed losses to Rs 222 crore for the quarter ended December, from Rs 392 crore a year ago and Rs 290 crore in the preceding quarter.
IBM's strategic shift: Unveiling the sale of The Weather Channel and Weather Business
Tech titan IBM revealed its choice on Tuesday to sell its weather division which includes assets such as The Weather Channel mobile app, Weather.com. Here are the details.
IBM misses first quarter revenue estimates; cuts growth forecast to 6%-8%
The company's software and consulting businesses rose 6% and 8.2%, respectively, at constant currency in the first quarter, in line with IBM's targets. Big Blue also reiterated its full-year free cash flow forecast of $10.5 billion.
Samantha Ruth Prabhu shows off her ultra-toned abs in her latest post
Samantha Ruth Prabhu treated her fans to a new workout post on Monday morning, the actress is doing a plank in the photo.
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JLR reports 15 pc rise in wholesales in Q3
"As at December 31, 2022, the total order book increased to 2,15,000 client orders, up around 10,000 orders from September 30, 2022. Demand for the New Range Rover, New Range Rover Sport and Defender remains strong and represents 74 per cent of the order book," it added.
Qubit by Qubit: making quantum computing accessible for the masses
Rapid innovation in chip and hardware design, coupled with subscription and as-a-service cloud offerings from companies such as IBM, HPE, Microsoft Azure and AWS, have made quantum computing infrastructure accessible.
Meta’s $677 billion rout boots it out of world’s top 20 stocks
Meta was the sixth biggest US company by market capitalization at the start of the year, flirting with a $1 trillion market value. Fast forward 10 months and the stock will be worth about $258 billion, ranking it 26th. Its market value is now smaller than companies including Chevron Corp., Eli Lilly & Co. and Procter & Gamble Co.
Zomato-Blinkit deal gets green signal; Google launches Street View in India
After the approval was notified to the stock exchange on Wednesday morning, Zomato's stock traded in the green and ended the session up 5.52% at Rs 43.95 a piece.
Top tech cos, consulting firms sign up for large flexible office spaces across tier II towns
Companies like Google, Accenture, Deloitte, Persistent Systems, Tech Mahindra, and IBM have signed large flexible office spaces ranging between 500-1000 seats across cities, driven by talent availability and reverse migration witnessed post-Covid.
Coursera records 192% growth YOY in Q1; enrollment for certificate courses rises in India
“Learners in India are eager to learn from industry experts. In Q1 2022, Indian learners have enrolled in twice as many courses from industry partners as the same period the year prior,” Vandenbosch said.
NIIT Q4 results: Company reports net profit of Rs 46 cr, strengthens board
The company has also strengthened its board with the addition of four new members, including appointment of Udai Singh Pawar and Leher Vijay Thadani.
Fomer Citi India CEO Pramit Jhaveri joins Wall Street
Wall Street boutique investment bank PJT Partners has appointed Pramit Jhaveri, one of India’s top bank executives, as a senior advisor as the advisory firm looks to expand its fast-growing global footprint.
Back to full WFH: As infections surge, companies shut offices again in all major cities
Leading companies and conglomerates, including Infosys, TCS, ITC, IBM, Raymond, InMobi, Motilal Oswal Financial Services, Dunzo, Deloitte, SAP India, ManpowerGroup, Quess Corp, BookMyShow, PolicyBazaar and RPG Enterprises have asked employees to WFH.
Government mulls making non-ferrous scrap recycling an organized sector with a new framework
This framework is also seen to be prepared in the backdrop of the upcoming Vehicle Scrappage Policy for automobiles, which will ensure sufficient availability of domestic scrap in the country.
IBM reports revenue declines for third straight quarter
The company's third-quarter results showed that global business services which include consulting, application management and global process services posted revenues of $4 billion
Persistent Systems Q1 results: Reports 9% rise in net profit; revenue jumps 17%
The Pune-headquartered company had posted a net profit of Rs 82.47 crore during the corresponding quarter of the previous financial year, it has said in a BSE filing.
HCL Tech Q3 results preview: Modest profit growth likely; margins may decline
Anand Rathi expects HCL Technologies to post a profit of Rs 2,636.30 crore, a fall of 0.6%.
HCL Tech jumps 3% ahead of Q2 results; here's what analysts say
Most brokerages are expecting the Noida-based company to lead the IT pack.
Tax cuts to jazz up Q2 bottomlines of Nifty50 even as revenue growth slows
The operating profit is likely to fall by 4.5 per cent.
HCL Technologies Q1 profit drops 8% YoY to Rs 2,220 crore; firm maintains FY20 guidance
HCL Tech maintained its FY20 revenue guidance at 14-16 per cent in constant currency terms.
HCL Tech Q1 results: Sequential fall in Ebit likely, all eyes on Mode-2 biz performance
The IT firm is expected to retain its guidance of 7 to 9 per cent for organic revenues and 18.5-19.5 per cent Ebit margin.
HCL Tech Q4 results: Update on IBM deal, FY20 guidance hold the key
Brokerages are penciling in a healthy sequential growth in revenues, but are baking in a marginal fall in margin.
IT earnings preview: Experts see another quarter of tepid revenue growth in Q4
Deal sizes in digital, guidance for FY20 will be key monitorables in Q4 earnings numbers.
HCL Tech reports solid Q3 numbers on strong deal momentum
HCL Tech’s revenue grew by 4.9% sequentially to $ 2,201.5 million in the December 2018 quarter.
HCL Techologies Q3 results: Here's what analysts say
Jefferies expects the IT major to report 4 per cent QoQ constant currency growth.
Adani Enterprises Q1 net profit dives 62% in to Rs 141 crore
It had clocked a net profit of Rs 369.24 crore during the same quarter a year ago.
HCL Tech Q1 just a blip, but stock rally may falter
Excluding these acquisitions, the estimated organic growth for the quarter was around 1.6 per cent.
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