BUSINESS
Wipro Q3 Preview: Net profit, revenue to drop amid seasonal weakness, currency headwinds
Brokerages hold differing views on the impact of Wipro's wage hikes on its EBIT margins in Q3. While some predict a slight decline in margins, others believe strong cost optimisation measures will offset the impact. Wipro implemented the wage hike in early September.
BUSINESS
Tech Mahindra Q3 Preview: To deliver muted growth amid weak seasonality, high base
Tech Mahindra's net profit is anticipated to decline sequentially due to a high base, while weak seasonality and increased furloughs are expected to limit revenue growth.
BUSINESS
Budget 2025: Pharma players want tax cuts, stronger support for R&D, higher healthcare spend
While an increase in healthcare spending in the upcoming Union Budget lies on top of the list of demands from India’s healthcare industry, hopes for stronger support towards R&D, a PLI-like scheme for hospital bed additions and cut in taxes to reduce input costs are also running high.
BUSINESS
HCLTech's marginal guidance revision keeps brokerages on the sidelines; stock dives 8%
HCLTech has raised the lower band of its full-year revenue growth guidance by 100 basis points, setting it at 4.5-5 percent. Analysts interpret this revision as a sign of a weaker exit rate for Q4.
BUSINESS
HCLTech raises FY25 revenue guidance, planned contractual reductions in Q4 caps revision
HCLTech's revenue growth guidance has been revised to 4.5-5 percent, up from the 3.5-5 percent range set in the previous quarter.
BUSINESS
HCL's deal pipeline nears all-time high, growth across verticals seen this time: CEO C Vijayakumar
HCLTech CEO C Vijayakumar revealed that the company’s order books for the Americas and Europe markets have reached an all-time high.
BUSINESS
Infosys Q3 Preview: Lacklustre earnings amid higher furloughs, all eyes on revenue guidance
All eyes are on whether Infosys will raise or narrow its full-year revenue guidance as most analysts either expect an increase in guidance or narrowing of the guidance band.
BUSINESS
Budget 2025: Agri industry hopes for measures to boost farmer incomes, bolster rural infrastructure
The agriculture industry is pinning its hopes on the government to announce measures to improve rural infrastructure, bolster crop insurance and incentives for key crops to boost farmers' incomes in the Union Budget 2025.
EARNINGS
HCLTech Q3 Preview: Seasonal strength in products biz to power growth outperformance
As Q3 growth outperformance expectations grow louder, investors eagerly await potential upward revisions in HCLTech's growth guidance.
BUSINESS
Strong commentary from TCS, signs of demand revival turns brokerages optimistic
Buoyed by signs of early demand revival, the management of TCS guided for stronger growth in CY25 and FY26 versus that seen in CY24.
BUSINESS
Optimistic on discretionary demand revival as deal cycle shortens in Q3: TCS CEO Krithivasan
Building on the optimism from the shift in deal win dynamics in Q3, Krithivasan also projected stronger performance for TCS in CY25 and FY26 compared to CY24.
BUSINESS
TCS eyeing multiple opportunities to mitigate BSNL deal revenue loss: CEO Krithivasan
TCS' Rs 15,000 crore BSNL contract has fueled its strong growth in the India market in recent quarters, boosting its overall revenue despite a downturn in global demand.
BUSINESS
Short Call | New year, new earnings season but same old story; Premier Energies, Kalyan Jewellers in focus
"The best companies often thrive even as their competitors struggle to survive."--Peter Lynch
BUSINESS
TCS Q3 Preview: Furloughs to cap revenue growth, margins to get boost from rupee depreciation
Brokerages pin TCS’s subdued revenue growth on the usual seasonal slump, amplified by higher furloughs, tapering contribution from the BSNL deal, and a dry spell in major deal wins during Q3.
BUSINESS
Short Call | Will January’s seasonality bring dark clouds over the market? Jindal Steel, Vodafone Idea in focus
"Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves." - Peter Lynch
BUSINESS
Throwback 2024: How FPI flows and ownership changed in the year gone by
From the ups and downs of foreign investments through 2024, FPIs still ended the year as net buyers of Indian equities. The quantum of buying though, significantly less than the preceding year.
BUSINESS
Strong indigenisation push spur optimism for defence cos despite valuation concerns
Nuvama forecasts significant growth for the defence sector, forecasting $130 billion in spending for the sector over the next five years.
BUSINESS
Robust fund inflows propel 2.6x surge in equity Issuances in 2024, says MOFSL report
In the past 12 months, companies from 23 sectors raised funds in the primary market, offering investors greater diversity while marking a shift away from the dominance of a few sectors seen in the previous years.
BUSINESS
Market logs biggest weekly crash in 2 years, wipes Rs 17 lakh crore m-cap from BSE-listed firms
Indian benchmark indices plunged 5 percent this week, with the Sensex losing over 1,000 points in three out of five sessions and the Nifty slipping back into correction territory after breaking key support levels.
BUSINESS
Nifty, Sensex set for gap down opening as Fed’s rate commentary disappoints
Global markets came under the fire amid broad-based selloff due to the Fed's disappointing 2025 dot-plot.
BUSINESS
Dow dives 1,100 pts, posts longest losing run since 1974 after Fed's cautious 2025 rate forecast
The Dow's losing streak began after it hit an all-time high, closing above 45,000 for the first time on December 4. Since then, the Dow has fallen by around 4 percent during the streak.
BUSINESS
Key takeaways from Fed's final policy meeting of 2024
The Fed’s 25-bps rate cut aligned with market expectations, but stubbornly high inflation has prompted a more cautious approach. The central bank has raised its inflation projections and scaled back expectations for rate cuts in 2025 as it waits for greater clarity on price pressures and policy changes.
BUSINESS
Trump's policies, tariffs, and Fed's rate cuts: Marcellus' Arindam Mandal decodes the path ahead
Mandal believes that the trajectory of Indian equities will hinge more on the earnings performance of India Inc than on global risks, such as the strengthening dollar.
BUSINESS
How Trump's policy agenda could alter Fed's 2025 rate trajectory?
Trump's strong stance on imposing heavy tariffs has caused markets and policymakers to stare at a déjà vu moment, reminiscent of 2018 when inflationary pressures rose throughout the year during his first term amid the trade war with China.
