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TCS Q2 Earnings Breakdown: Buyback, Profit, Revenue, and More Know From Top Management

TCS Q2 Earnings Breakdown: Buyback, Profit, Revenue, and More Know From Top Management

Thu, Oct 12, 2023

ZBizExclusive | How were TCS's September quarter results? At what price did TCS buyback come? What is the growth outlook for the future? Watch Swati Khandelwal's special conversation with the company's CFO, Sameer Seksaria and CHRO, Milind Lakkad.

Exclusive: GST Council meet tomorrow; No relief to Auto sector

Exclusive: GST Council meet tomorrow; No relief to Auto sector

Thu, Sep 19, 2019

GST Council meeting will take place tomorrow but no relief will be given to the Auto sector. Watch the video to know about the major announcements

Telecom industry revenue down 7% in Q4: Jefferies

Telecom industry revenue down 7% in Q4: Jefferies

Wed, Jun 13, 2018

The quarter saw the fringe players` AGR revenue market share (RMS) falling 600 basis points (bps) led by the exit of Aircel and Reliance Communications (RCOM).

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Reliance Jio to turn profitable sooner than expected?

Reliance Jio to turn profitable sooner than expected?

Thu, Feb 23, 2017

Mukesh Ambani CMD, Reliance Industries earlier this week unveiled plans to start charging current 100 million and new customers for using 4G data at Reliance Jio networks.

Facebook's net income soars 177% in 2016

Facebook's net income soars 177% in 2016

Thu, Feb 02, 2017

Facebook reported net income of $10.2 billion in 2016, up 177 per cent from the previous year`s total of $3.7 billion.

H1-B visa proposed minimum wage hike negative for Indian IT industry: ICRA

H1-B visa proposed minimum wage hike negative for Indian IT industry: ICRA

Wed, Feb 01, 2017

With the US President Donald Trump is expected to sign a new executive order aimed at killing work-visa programmes including the H1-B and L1 visas as part of a larger immigration reform, the order if passed is projected to be negative in the medium to long term for the Indian IT Services sector,

GST won't lead to job losses at tax department, assures FM Arun Jaitley

GST won't lead to job losses at tax department, assures FM Arun Jaitley

Fri, Jan 27, 2017

Ahead of the rollout of GST, Finance Minister Arun Jaitley on Friday sought to address concerns of job loss from reduced work of tax officials, saying they should have no insecurity as enough work and opportunities will be available to them in the new indirect tax regime.

Microsoft profit edges up 3.6% in second quarter as it acquires LinkedIn

Microsoft profit edges up 3.6% in second quarter as it acquires LinkedIn

Fri, Jan 27, 2017

Microsoft has reported 3.6% rise in profits for the second fiscal quarter on the back of acquiring social network company LinkedIn.

Wipro buying Brazilian IT firm InfoServer for $8.7 million

Wipro buying Brazilian IT firm InfoServer for $8.7 million

Wed, Jan 25, 2017

Wipro is planning to buy Brazilian IT services provider InfoServer for $8.7 million.

Artificial intelligence adoption driving revenue growth for businesses: Infosys

Artificial intelligence adoption driving revenue growth for businesses: Infosys

Tue, Jan 17, 2017

Artificial intelligence (AI) will play fundamental role in the success of an organisation's strategy but stringent ethical standards are also needed to ensure the success of the new technology, a report by Infosys said on Tuesday.

Morgan Stanley lays off bankers, cuts bonuses by about 15%: Sources

Morgan Stanley lays off bankers, cuts bonuses by about 15%: Sources

Fri, Jan 13, 2017

Morgan Stanley laid off a number of senior investment bankers last week and cut bonuses by roughly 15% because of a decline in revenue from dealmaking and capital raising across Wall Street, people with knowledge of the matter told Reuters.

WNS to acquire business process management firm Denali for about $40 million

WNS to acquire business process management firm Denali for about $40 million

Tue, Jan 10, 2017

WNS announced on Tuesday to acquire strategic procurement business process management (BPM) solutions firm Denali Sourcing Services (Denali) for about $40 million to boost its finance and accounting solutions.

Suresh Prabhu announces key policies to increase non-fare revenues of Indian Railways

Suresh Prabhu announces key policies to increase non-fare revenues of Indian Railways

Tue, Jan 10, 2017

In a move to increase non-fare revenues and to promote ease of railway ticketing through digital transactions, Railway Minister Suresh Prabhu on Tuesday inaugurated several policy initiatives.

Facebook plans to show advertisements in middle of videos

Facebook plans to show advertisements in middle of videos

Tue, Jan 10, 2017

Social media giant Facebook is planning to show ads in the middle of videos and share the revenue generated with the publishers -- giving them 55% of the sales -- media reported.

Direct tax collections in Mumbai, Delhi in single digit

Direct tax collections in Mumbai, Delhi in single digit

Wed, Dec 28, 2016

The growth was in double digit in all the other parts of the country during the period.

GST Council makes headway on bills, stuck on taxpayer control

GST Council makes headway on bills, stuck on taxpayer control

Sat, Dec 24, 2016

The all-powerful GST Council on Friday made a 'reasonable headway' on supporting legislations for the new indirect tax regime but its rollout from April 1 looked virtually impossible as it postponed discussion on the critical issue of administration and control of tax payers.

Oracle's revenue growth falls short of analysts' expectations

Oracle's revenue growth falls short of analysts' expectations

Fri, Dec 16, 2016

Business software maker Oracle Corporation`s adjusted revenue missed analysts` estimates for the seventh time in the last eight quarters, showing that its shift to cloud-based offerings is taking longer than Wall Street expected.

Adobe revenue beats on creative cloud unit strength

Adobe revenue beats on creative cloud unit strength

Fri, Dec 16, 2016

Adobe Systems Inc reported better-than-expected quarterly revenue driven by higher demand for its creative cloud business including Photoshop, Illustrator and InDesign. Revenue from the company`s creative cloud unit, its largest business by revenue, rose 33% to $886 million.

BigBasket eyes Rs 2,000-crore revenue by end of FY17; expects to become profitable by March 2018

BigBasket eyes Rs 2,000-crore revenue by end of FY17; expects to become profitable by March 2018

Sun, Dec 04, 2016

With people becoming comfortable buying even milk and bread online, e-grocery platform BigBasket on Sunday said it has seen 300% growth in revenue in the past one year and expects to cross the Rs 2,000 crore-milestone by the fiscal-end.

India's fiscal deficit reaches 79% of Budget Estimates in October

India's fiscal deficit reaches 79% of Budget Estimates in October

Wed, Nov 30, 2016

Data published by Controller General of Accounts showed that fiscal deficit in October was negative Rs 24,481 crore, compared to Rs 32683 crore a year ago same month. Year-to-date, the fiscal deficit stood at Rs 4,23,507 crore, a rise of 2.81% from Rs 4,11,246 crore in the corresponding period of the previous year.

Aditya Birla Fashion's Q2 rises by 7% to Rs 65 crore; shares flat

Aditya Birla Fashion's Q2 rises by 7% to Rs 65 crore; shares flat

Thu, Nov 24, 2016

Aditya Birla Fashion and Retail on Thursday reported net profit of Rs 64.89 crore for the second quarter ended September 30, 2016, registering a growth of 6.97% year-on-year.

Dena Bank disappoints Q2 with net loss of Rs 44.32 crore

Dena Bank disappoints Q2 with net loss of Rs 44.32 crore

Sat, Nov 05, 2016

Dena Bank's reported net loss of Rs 44.32 crore for the second quarter September 30, 2016, compared to net profit of Rs 38.76 crore in the corresponding period of the previous year. However, the Q2 net loss has narrowed against net loss of Rs 279.35 crore reported in the preceding quarter.

Facebook skids on growth worries after blowout quarter

Facebook skids on growth worries after blowout quarter

Fri, Nov 04, 2016

Facebook shares tumbled on Thursday after the huge social network delivered a blockbuster earnings report but warned that its stunning growth pace was set to slow. At the close of trade, Facebook shares slid 5.7% to $119.95.

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