Rupee Opens Stronger Against US Dollar The Indian rupee opened marginally stronger on Thursday, appreciating by 4 paise to trade at 85.90 against the US dollar, according to Bloomberg data. This modest gain comes amid a mixed global currency environment and cautious investor sentiment following overnight volatility in US markets.
Revenue Growth Remains a Concern Despite some operational improvements, the broader sentiment remained cautious, with major brokerages maintaining their ‘Underperform’ ratings on the stock. In the June quarter, Tech Mahindra reported a marginal dip in revenue, which came in at Rs 13,351.2 crore, slightly below Bloomberg’s estimate of Rs 13,422 crore.
Why Tech Mahindra Remains a Preferred Stock for Most Brokerages Despite a decent first-quarter earnings report, Tech Mahindra Ltd’s target prices indicate muted gains. However, 12 out of 26 brokerages tracking the company maintain a ‘buy’ call, while seven each have ‘sell’ and ‘hold’ recommendations, according to Bloomberg data.
SBI Launches Mega-QIP, Shares Trade Flat India’s largest lender, State Bank of India (SBI), has launched its Rs 25,000-crore qualified institutional placement (QIP), which opened on Wednesday. The bank has received necessary regulatory approvals and has set the floor price for the issue at Rs 811.05 per share, marking a 2.5% discount against the stock’s
Q1 FY26 Earnings: Key Highlights ITC Hotels reported a 53.8% year-on-year jump in consolidated net profit to Rs 133 crore for the quarter ended June 30, 2025.
Airtel’s Revolutionary Move: 36 Crore Users Get Perplexity Pro at No Cost In a first-of-its-kind move, Bharti Airtel has partnered with AI-powered search engine Perplexity to offer its entire base of over 36 crore customers across mobile, broadband, and DTH services a 12-month subscription to Perplexity Pro, a premium AI search engine tool, at no
What’s Behind the Surge? Smartworks Coworking’s premium listing can be attributed to several factors, including its robust business model, strong financials, and growing demand for office spaces in India. The company provides modern amenities and services that enhance the work environment, making it an attractive option for mid-sized and large companies, including Indian corporates, multinational
The Income Tax Department has issued three official email IDs for taxpayers to register grievances, marking a significant step towards improving taxpayer services in India.
In this article, we will guide you on how to apply for an e-PAN in just 10 minutes. You will need a valid Aadhaar Card and a registered mobile number to get your e-PAN.
The income tax department has announced that over 2 crore income tax returns have been filed on the new portal, which has substantially stabilised after initial glitches.
