Tag: Business News
Temasek Invests in Haldiram Snacks: ₹8000 cr Deal
In a groundbreaking move that has set the business world abuzz, Singapore's state-owned investment firm, Temasek, has recently sealed a deal to acquire a 10% stake in India's iconic Haldiram Snacks Pvt Ltd. This...
Zoho CEO Sridhar Vembu Warns of Inflation in US Trade
Zoho CEO Sridhar Vembu Issues Warning on US Trade InflationIn a recent statement, Zoho founder Sridhar Vembu raised concerns about potential economic repercussions for India amid the US's push for balanced bilateral trade and...
Impact of Rising Rates and Trump Tariffs on IPO Market
The impact of rising rates and Trump tariffs on the IPO market has been a topic of concern among issuers, merchant bankers, and investors worldwide. With market volatility on the rise, coupled with increasing...
Crisil Upgrades Krystal Integrated Ratings to Boost Financial Standing
Krystal Integrated Services Limited has recently been granted an upgraded credit rating by Crisil for its bank facilities, marking a significant milestone for the company. The long-term rating has been elevated to A-/stable from...
Vedanta Demerger: Shareholders’ Approval Sought Soon
Vedanta Group Seeks Shareholders' Approval for DemergerIn a recent development, Vedanta Group, under the leadership of Chairman Anil Agarwal, is gearing up to seek shareholders' approval for a strategic move to divide the company's...
Wipro Q3 Revenue Decline: Insights & Analysis
Wipro Reports Slight Revenue Decline in Q3In a recent earnings conference, Wipro announced a 0.7% year-on-year decline in revenue in constant currency for the December quarter. Despite this decrease, the company saw a sequential...
TechM’s Revenue Increases by 1% in December Quarter
Tech Mahindra's Revenue Sees Modest Growth in December QuarterTech Mahindra, a leading IT services and consulting company based in Bengaluru, reported a 1.3% year-on-year increase in revenue in constant currency for the...
Tech Mahindra Reports 93% Increase in Q3 Net Profit
Tech Mahindra Shines with Remarkable 93% Increase in Q3 Net ProfitMUMBAI: In a stunning financial revelation, Tech Mahindra, the country's fifth-largest IT services firm, has reported a whopping 93% surge in net profit for...
Budget 2025 Expectations: FICCI Calls for Continued Focus on Investments and Reforms
**FICCI Urges Government to Prioritize Investments and Reforms in Budget 2025**Finance Minister Nirmala Sitharaman is gearing up to present the Union Budget 2025, and expectations are high. The Federation of Indian Chambers of Commerce...
FICCI Revises India’s GDP Growth Forecast to 6.4% and Inflation to 4.8%
FICCI Revises India's GDP Growth Forecast to 6.4% and Inflation to 4.8%NEW DELHI: The Federation of Indian Chambers of Commerce and Industry (FICCI) has revised its GDP growth forecast for India to 6.4...