News Overview

It’s an important milestone which has been achieved in a short duration of time, said company.

On 14 June 2022

On 22 July 2022

The JPMorgan Manufacturing Purchasing Managers Index or PMI, compiled by S&P Global, fell from 52.9 in March to a 20-month low of 52.2 in April. The deterioration in the performance of the goods-producing sector was led by a renewed decline in production, which fell for the first time since June 2020, thanks principally by a steeping rate of output loss in mainland China amid fresh […]

Mahindra & Mahindra Financial Services advanced 3.71% to Rs 188.65 after the companys net profit surged to Rs 601 crore in Q4 FY22 from Rs 150 crore in Q4 FY21.

Company has achieved a top line of over Rs 163.17 crore with Net Profits of Rs 18.87 Crore.

Adani Enterprises fell 2.63% to Rs 2,277.70 after the company posted 15.7% decrease in consolidated net profit to Rs 304.32 crore in Q4 FY22 as against Rs 360.93 crore in Q4 FY21.

Around 4-5% of the revenue of states will go towards servicing such guarantee obligations this fiscal, partially reducing the ability of state governments to fund capital expenditure (capex).

The benchmark indices hit days low and trade with major losses in early afternoon trade. All the sectoral indices on the NSE traded in red. The Nifty traded below the 16,900 mark. At 12:35 IST, the barometer index, S&P BSE Sensex was down 640.9 points or 1.12% to 56,335.09. The Nifty 50 index lost 196.85 points or 1.15% and traded at 16,872.25. In the broader […]

Larsen & Toubro Infotech has been ranked among the top 5 players in the latest IT Sourcing study for the Nordic region by Whitelane Research and PA Consulting. LTI scored an overall satisfaction score of 77% in the Customer Satisfaction category, well above the industry average of 72%. In Sweden, LTI was ranked #2 scoring 7% points above the average and in Denmark LTI improved […]