Shares of Infosys Ltd. surged as analysts bet on a potential margin recovery by the next fiscal. “Strong margin performance and incremental levers raise confidence on margin recovery,” said Nomura in its investor note dated Oct. 13. “Falling attrition (-130 bps q-o-q) to 27.1%, ongoing pyramid …
Shares of Wipro NSE 1.11 % plunged as much as 6 per cent and joined the losers pack in Thursday’s trade after reporting a weak set of numbers in the September 2022 quarter. Following a poor performance in the Q2FY23, brokerage firms remain cautious or negative …
The IT major has increased the lower end of the revenue guidance keeping upper end constant i.e. revenue guidance changed from 14-16 per cent to 15-16 per cent in constant currency terms. Shares of Infosys rallied 5 per cent to Rs 1,487.70 on the BSE in Friday’s …
Publicans have called on the Government to extend the current 9 per cent VAT rate for tourism and hospitality beyond February, and provide energy supports in Budget 2023. Licensed Vintners Association (LVA) chair Alison Kealy told BreakingNews.ie that a lot of publicans have seen their energy …
BoB Capital Markets in its recent report on Tata Steel Ltd. has Reiterate BUY for an estimated target price of Rs 140 apiece. According to the brokerage, the stock is likely to jump 41% if the stock is purchased at the current market price Tata Steel …
Owning and maintaining an immovable property (land or building or both) in India can burn a hole in an individual’s pocket, especially if he is living outside India and not using the property for residence or generating any rental income With no plans to return to …
Economist Nouriel Roubini, known for his correct prediction of the financial crisis the world faced in 2008, has now warned about a “long and ugly” recession in the across the world that can start at the end of this year and continue well into 2022. He …
Stocks in Asia sank and bond yields were elevated on Wednesday, as investors braced for another aggressive interest rate hike from the U.S. Federal Reserve later in the day. Japan’s Nikkei dropped 1.26% and touched a two-week low. Australia’s benchmark share index slid 1.35% and South …
