Business news

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Wipro ADRs fall 1.41% on NYSE over weak Q2 results, Q3 guidance

The Q3 guidance is flat at $1,1916-1,955 million, while Q2 net profit fell 7.6% YoY to Rs 2,070 crore, leading to ADR losing on NYSE.

Oct 22, 2016

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Wipro reports 7.6% fall in Q2 net profit, misses IT revenue guidance; Q3 outlook at $1,916-1,955 million

Net profit came in at Rs 2,070 crore; total revenues increased 10.5 percent; Q3 IT revenue guidance is muted, says Wipro.

Oct 21, 2016

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Reliance Jio to gain less than 2% revenue market share in 2017: Fitch

Vodafone India, Idea Cellular and Rcom/Aircel will gain market share but Reliance Jio will largely be a disruptor, says Fitch.

Oct 21, 2016

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Ae Dil Hai Mushkil boosts sentiments for Eros, PVR, Inox

The go-ahead given by political leaders for release of Ae Dil Hai Mushkil rubs off on entertainment stocks such as Eros,PVR, Inox.

Oct 21, 2016

Asia stocks ease as stronger dollar weighs on crude oil

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 percent.

Oct 21, 2016

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ICICI Bank issues dos and don'ts to debit card holders after data compromise

In a mail to customers in the wake of the massive security breach, ICICI Bank tells them how to be cautious with debit cards.

Oct 21, 2016

Oil prices stable as strong dollar weighs, tighter market looms

Crude prices fell over 2 percent the previous session on the back of the soaring dollar.

Oct 21, 2016

Biocon's net profit rises 52% to Rs 147 crore for September quarter; shares up

The increase in profit can be attributed to the company's growth in small molecules, biologics and research services.

Oct 21, 2016

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ICICI Bank rises, Endurance Technologies loses on BSE; Sensex, Nifty post gains

Indian benchmark indices ended with gains amid cautious trading on European stock exchanges ahead of the crucial ECB meeting.

Oct 20, 2016

Is Reliance Jio 4G speed not up to the mark anymore?

Reliance Industries posts 22.9% fall in net profit for September quarter

Though sales rose 14.3 percent, net profit dropped 22.9 percent YoY, Reliance Industries (RIL) says in a statement.

Oct 20, 2016

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Ashok Leyland wins $170 million order from Tanzanian government to supply vehicles

The order entails supply of vehicles and gensets, spares and equipment for development of workshops.

Oct 20, 2016

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LIC Housing Finance Q2 profit up 20%; shares dip

The company's net interest income rose 21 percent to Rs 866 crore in the quarter ended September 30.

Oct 20, 2016

Wipro asked to respond on acquisition of US firm Appirio for $400 million

The news of Wipro acquiring Appirio comes a day before the Bengaluru-based company is scheduled to declare Q2 results.

Oct 20, 2016

Toyota Kirloskar partners with Uber for vehicle funding

Through this partnership, Toyota Financial Services India will provide 90 per cent of on-road funding for first-time drivers.

Oct 20, 2016

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ITC, Godfrey Phillips in focus after GST cess mess

Shares of ITC, Godfrey Phillips were trading in a narrow range as states oppose cess on demerit goods at GST Council meeting.

Oct 20, 2016

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Business news

Wipro ADRs fall 1.41% on NYSE over weak Q2 results, Q3 guidance

Wipro reports 7.6% fall in Q2 net profit, misses IT revenue guidance; Q3 outlook at $1,916-1,955 million

Reliance Jio to gain less than 2% revenue market share in 2017: Fitch

Ae Dil Hai Mushkil boosts sentiments for Eros, PVR, Inox

Asia stocks ease as stronger dollar weighs on crude oil

ICICI Bank issues dos and don'ts to debit card holders after data compromise

Oil prices stable as strong dollar weighs, tighter market looms

Biocon's net profit rises 52% to Rs 147 crore for September quarter; shares up

ICICI Bank rises, Endurance Technologies loses on BSE; Sensex, Nifty post gains

Reliance Industries posts 22.9% fall in net profit for September quarter

Ashok Leyland wins $170 million order from Tanzanian government to supply vehicles

LIC Housing Finance Q2 profit up 20%; shares dip

Wipro asked to respond on acquisition of US firm Appirio for $400 million

Toyota Kirloskar partners with Uber for vehicle funding

ITC, Godfrey Phillips in focus after GST cess mess

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]