Mumbai, April 22 (IANS) Shares of HCL Technologies tumbled sharply on Wednesday, falling more than 10 per cent to Rs 1,289 on the NSE, as investor sentiment turned negative following a disappointing quarterly performance and subdued growth outlook. The steep decline came after several brokerages downgraded the stock and cut their target prices, citing concerns over weak revenue growth, margin pressures and cautious forward guidance.The company’s earnings report highlighted multiple areas of co…
New Delhi, April 22 (IANS) The Enforcement Directorate (ED) filed a supplementary charge sheet before a Special Court (Prevention of Money Laundering Act) in the national capital against Sachin Dev Duggal, a United Kingdom resident, for his alleged involvement in the multi-crore Videocon money laundering case, officials said on Wednesday.The complaint has been filed in continuation of the original charge sheet submitted on December 18, 2024, against Venugopal Dhoot and 12 others. The Special PML…
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View MoreMumbai, April 22 (IANS) Maharashtra Scooters’ profit plunged 92.23 per cent year-on-year (YoY) to Rs 4.01 crore in March quarter 2026 (Q4 FY26), compared with Rs 51.63 crore in the corresponding period previous financial year (Q4 FY25). The sharp drop in profitability came even as total income edged down 3.55 per cent to Rs 6.51 crore during the quarter.For Q4 FY26, the company’s profit before tax also witnessed a significant contraction, falling 91.20 per cent to Rs 5.46 crore from Rs 62.05 c…
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