Jio Financial Services Ltd today announced its earnigs for the first quarter of the financial year 2026-27. Jio Financial Services reported a 155.7 per cent year-on-year growth in its consolidated net profit to Rs 830.25 crore in the first quarter of the financial year 2026-27 from Rs 324.66 crore reported in the year-ago period. The…
Hiring trends among IT services companies that have reported June-quarter earnings so far remain mixed. While Wipro extended its hiring streak with a fourth consecutive quarterly increase in headcount, Tech Mahindra continued to trim its workforce. Earlier, TCS reported robust hiring, while HCLTech recorded its sharpest headcount decline in two years. Wipro added 888 employees…
Sky Gold and Diamonds Ltd on Thursday (July 16) said its subsidiary, Starmangalsutra Private Ltd (SPL), has suffered a financial loss of approximately ₹10.70 crore following a fraud involving the unauthorised compromise of a company-issued mobile phone and laptop used by an employee. “…we wish to inform you that Starmangalsutra Private Limited (SPL or the…
IT services and solutions provider Hexaware Technologies Ltd on Thursday (July 16) announced a partnership with Factory to bring agent-native software development capabilities to global enterprise clients across professional services, banking and financial services, and other sectors. Under the partnership, Factory’s Droid platform will be integrated into Hexaware’s global delivery ecosystem, enabling engineering teams to…
Tech Mahindra Ltd. reported a June quarter profit that missed Street estimates, aided by strong sequential growth and margin expansion. The IT services company also reported deal wins exceeding the $1 billion mark for the third consecutive quarter. Constant currency revenue grew 2.6% quarter-on-quarter, significantly ahead of the CNBC-TV18 poll estimate of 1% growth. In…
Non-bank lender Piramal Finance Ltd on Thursday (July 16) reported a 67% year-on-year increase in consolidated Profit After Tax (PAT) to ₹461 crore for the quarter ended June 30, 2026, compared with ₹276.3 crore in the same quarter last year. The company’s consolidated revenue rose 27.65% year-on-year to ₹3,368 crore from ₹2,639 crore in the…
Tech Mahindra reported a 28.39% year-on-year growth in its net profit to stand at Rs 1,465 crore for the first quarter of the financial year 2026-27, compared to Rs 1,141 crore posted in the corresponding quarter of the previous fiscal year. The company’s revenue from operations recorded a healthy double-digit growth of 17.68 per cent…
Board of Wipro today declared a dividend of Rs 2 for the financial year 2026-27. “Payment of interim dividend of Rs 2 per equity share of par value Rs 2 each to the Members of the Company as on July 27, 2026, being the Record Date. The payment of Interim Dividend will be made on…
Stock Market Closing Today, July 16: BSE Sensex closed almost unchanged, advancing 1.44 points to end at 77,186.87, while NSE Nifty fell 5.75 points, or 0.02 per cent, to close at 24,072.75. Stock Market Closing Today, July 16: The Indian stock market ended on a muted note, with the benchmark index, Sensex, closing almost unchanged…
The equity benchmark indices BSE Sensex and NSE Nifty erased early gains to end largely flat on Thursday (July 16), with weakness in financials and insurance stocks offsetting support from information technology (IT) shares and select earnings-driven gains. The Sensex ended 1 point higher at 77,187, while the Nifty 50 slipped 6 points to 24,073….
