Wipro Q1 Results: Expectations vs. Reality Tech giant Wipro Ltd. is set to announce its Q1 results today, with analysts expecting a net profit of Rs 3,249.3 crore and total income of Rs 22,078.3 crore, according to a survey of estimates done by Bloomberg. The company is expected to post an EBIT of Rs 3,783 […]
President Trump’s Trade War Remarks Weigh on Crude Oil President Donald Trump said he would send letters to more than 150 countries notifying them of tariff rates, and that the levies imposed could be 10% or 15%. Investors were also tracking his stance toward Federal Reserve Chair Jerome Powell after the US leader denied a
Asian Stocks Waver Amid Trump-Powell Saga Asian stocks struggled for direction at the open after US markets had a volatile session amid speculation about the future of Federal Reserve Chair Jerome Powell.
A Global Retail Giant’s Restructuring Efforts Walmart’s decision to cut hundreds of jobs is part of a broader effort to streamline its operations and reduce costs. The company has been facing increasing competition from online retailers and changing consumer preferences, which have forced it to adapt and innovate. The job cuts are a response to
Tesla’s Autopilot System Under Fire: Safety Expert Testifies in Fatal Crash Trial As the trial over a 2019 fatal crash involving a Tesla Model S with Autopilot engaged continues, a safety expert has testified that the company has not done enough to protect against drivers misusing its driver-assistance system.
JPMorgan’s $4 Billion Bond Sale: A Sign of Things to Come in Indian Markets? JPMorgan Chase & Co., one of the largest banks in the world, has made headlines with its recent $4 billion bond sale in the US market. The sale, which was met with high demand, has sparked interest among Indian investors and
A Look at Gold Prices in India Gold prices in India have been on a downward trend in recent months. According to the India Bullion Association, the current price of gold in India is around Rs 98,210 per 10 grams. This is a decrease of around 2% compared to last week’s prices.
Why Tech Mahindra’s 7th Consecutive Quarter of Margin Expansion Matters Tech Mahindra Ltd. has achieved a significant milestone by posting its 7th consecutive quarter of EBIT margin expansion. The company’s EBIT margin improved by 76 basis points sequentially to 11.06% in the April-June period, a testament to its commitment to improving profitability.
Last Day to Buy Shares for Bonus Issues The Indian stock market is abuzz with action, and investors would do well to keep a close eye on the developments. In this article, we will focus on the bonus issues announced by Samvardhana Motherson International Ltd., Motherson Sumi Wiring India Ltd., Bright Outdoor Media Ltd., and
What is the Last Day to Buy Shares to Qualify for Dividend Payment? In India, the record date determines shareholder eligibility for dividend payments. Under the T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. Hence, if the record date of a dividend stock is July 18,
