Benchmark indices Nifty and Sensex extended their gains for a second straight session on Tuesday, supported by a sharp rally in auto and metal stocks that lifted overall sentiment. Meanwhile, broader markets outperformed, with midcap and smallcap indices rising 0.5% and 0.35%, respectively. The BSE Sensex rose 208 points to close the session at 84,274 […]
Tech Mahindra Ltd. grew in a traditional weak quarter for India’s IT industry, on the back on higher deal wins in the crucial financial services segment. Tech Mahindra CEO Mohit Joshi and CFO Rohit Anand. (Tushar Deep Singh/HT) Revenue of the Mahindra Group company rose 2.8% over the previous three months to ₹14,393 crore in […]
India’s stock market fell in early today as profit-taking offset the impact of healthy earnings and progress in India-US trade talks. India’s retail investors buying more stock that foreign investors are selling. Still, the stock market is trending downwards. (AI Image) At 11:35 am, the 30-share BSE Sensex was down 0.21% at 83,134.30 points while […]
Tech Mahindra Ltd. is banking on its financial services and manufacturing to deliver growth in the second half of the ongoing fiscal, even as US business is hit, according to its chief executive officer. Tech Mahindra CEO Mohit Joshi and CFO Rohit Anand. (Tushar Deep Singh/HT) “Macro is stabilising and improving in parts but it’s […]
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 […]