Mumbai, Jan 12 (IANS) India’s largest IT services company, Tata Consultancy Services (TCS), on Monday reported a 13.9 per cent year-on-year (YoY) fall in its consolidated profit for the third quarter of the current financial year (Q3 FY26).The IT firm’s consolidated net profit declined to Rs 10,720 crore, compared to Rs 12,444 crore in the same quarter last financial year (Q3 FY25), according to an exchange filing.On a quarter-on-quarter basis, profit dropped 11.6 per cent from Rs 12,131 cro…
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New Delhi, Jan 10 (IANS) The stock market focus in the coming week will shift firmly to third-quarter (Q3) earnings from India Inc, with heavyweight IT companies set to take centre stage and drive index-level direction, analysts said on Saturday.HCL Tech, TCS, Infosys, Tech Mahindra and Wipro— together accounting for nearly 13 per cent of the Nifty’s weight — are scheduled to report, making their results and management commentary critical for broader market sentiment.“Investor focus will…
Mumbai, Jan 8 (IANS) Indian equity markets witnessed their sharpest fall in a month on Thursday as benchmark indices extended losses for the fourth straight session, weighed down by rising concerns over India–US trade tensions.Investor sentiment turned cautious after reports suggested that the administration of US President Donald Trump could consider imposing steep tariffs of up to 500 per cent on Indian goods.The possibility of such harsh trade measures triggered widespread selling across se…
New Delhi, Jan 7 (IANS) Indian specialists accounted for roughly 34 per cent of specialist‑level talent moving to Finland in 2025, with tech and engineering professionals employed at firms including Nokia, Kone, Wärtsilä, HCL, Infosys and TCS, a report showed on Wednesday.The report from Finnish government organisation Business Finland said that the country issued about 300 first‑time specialist residence permits to Indian professionals between January and November 2025, adding to over 20,…
Amaravati, Jan 6 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday called for developing island tourism in the state on the lines of the Maldives.The Chief Minister directed the officials to promote tourism in a big way and prepare a master plan for beach tourism.Addressing the Pradesh State Investment Board meeting, the Chief Minister said that the Suryalanka beach should be developed over a stretch of 15 kilometres.He told officials that the Suryalanka beachfront should be a…
Mumbai, Dec 31 (IANS) Indian equity markets ended the final trading session of the calendar year on a strong note, supported by broad-based buying across most sectors, even as information technology stocks remained under pressure.At the close of trade, the Sensex settled at 85,220.6, gaining 545.52 points or 0.64 per cent.The Nifty also finished higher at 26,129.6, up 190.75 points or 0.74 per cent. “Holding above the 26,000 mark remains crucial to sustain the ongoing uptrend and keep the poss…
Mumbai, Dec 26 (IANS) Indian benchmark indices opened flat with a mild negative bias on Friday, as markets are apparently in the consolidation phase amid lack of major cues.As of 9.30 am, Sensex edged down 83 points, or 0.09 per cent to 85,325 and Nifty eased 17 points, or 0.06 per cent to 26,124.Main broadcap indices outperformed benchmark indices in terms of gains, with the Nifty Midcap 100 advanced 0.35 per cent, while the Nifty Smallcap 100 added 0.27 per cent.Cipla, Dr Reddys Labs and ONGC …
New Delhi, Dec 24 (IANS) The deadline to link Permanent Account Number (PAN) with Aadhaar is December 31, and failure to do so may result in the PAN becoming inactive after this date.Taxpayers who have not completed the linking process are advised to act promptly to avoid financial and compliance-related difficulties.According to a notification issued by the Income Tax Department on April 3, 2025, individuals who were allotted a PAN on or after October 1, 2024, are required to link their PAN wit…
Mumbai, Dec 24 (IANS) Indian benchmark indices made moderate gains early on Wednesday amid positive global cues, as the stock market appears to be in a consolidation phase.As of 9.30 am, Sensex advanced 105 points, or 0.12 per cent to 85,630 and Nifty gained 40 points, or 0.16 per cent to 26,217.Main broad-cap indices outperformed benchmark indices in terms of gains, with the Nifty Midcap 100 advanced 0.31 per cent, while the Nifty Smallcap 100 added 0.53 per cent.Hindalco Industries, Axis Bank …
Mumbai, Dec 23 (IANS) Indian benchmark indices opened in the red zone on Tuesday, weighed down by losses in the IT stocks after artificial intelligence (AI) stocks in the US showed revival.As of 9.30 am, the Sensex declined 159 points, or 0.19 per cent to 85,407 and the Nifty lost 32 points, or 0.13 per cent to 26,139.Main broad cap indices showed divergent trends, with the Nifty Midcap 100 down 0.18 per cent, while the Nifty Smallcap 100 added 0.07 per cent.ONGC, Tata Steel and NTPC were among …