HDFC Bank Ltd. saw its topline grow in the second quarter of the ongoing fiscal as asset quality improved for India’s largest private lender. While HDFC Bank’s asset quality improved, its provisions jumped 30% year-on-year in July-September 2025. (Reuters) Net profit of the Mumbai-based bank rose 11% over the year-ago period to ₹18,641 crore in […]
After mixed quarterly earnings from Tata Consultancy Services Ltd. and HCL Technologies Ltd., the focus now shifts to Infosys Ltd. and Wipro Ltd. which are going to report their second-quarter results today. Infosys CEO Salil Parekh. (ANI) Investors will watch for signs of stability in an IT sector marred by US H-1B visa shock as […]
Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings. Axis Bank shares fell 0.65% to ₹1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. (Reuters) Standalone net profit of India’s fourth-largest private lender by […]
Tech Mahindra Ltd. delivered on its key financials in the fiscal second quarter, aided by strength in its banking and manufacturing verticals, even as impact of US tariffs loomed. Tech Mahindra has announced an interim dividend of ₹15/share. (Reuters) Consolidated revenue of the Mahindra Group company rose 4.8% over the previous three months to ₹13,995 […]
HCL Technologies Ltd. has become the first top-tier Indian IT firm to declare AI revenue separately, at a time when larger peer Tata Consultancy Services Ltd. has made known its intensions to become the largest AI-led technology services company globally. HCLTech’s new deal wins crossed the $2.5-billion mark in July-September 2025 without any mega deals. […]