Infosys ADRs fell as December-quarter results showed modest profit decline and sharp margin pressure, offset by strong revenue growth and an upgraded FY26 guidance, reassuring investors despite cost headwinds, labour code impact and near-term seasonal softness in global IT markets.Read More
State-run Union Bank of India on Wednesday reported a 9.7 per cent increase in consolidated net profit for the December quarter at Rs 5,073 crore, helped by a sharp fall in provisions.Read More
Indian government bonds slid on Wednesday, with the benchmark 10-year falling to the lowest in more than three weeks, on lingering disappointment over Indian debt not being added to Bloomberg’s Global Aggregate Index.Read More
SAMCO Securities forecasts silver prices could surge to Rs 3.94 lakh per kg after a 25% rise in 2026, citing technical breakouts, supportive inflation data, easing rate hopes and tight global supply amid a broader commodity supercycle momentum continues strong.Read More
ICICI Prudential AMC posted a robust December quarter with profit rising 45% year-on-year on operating leverage and fee growth. Strong inflows lifted assets under management, while the company announced a Rs 14.85 per share dividend for shareholders.Read More
UBS cut EBITDA estimates for Zomato-owner Eternal and Swiggy as quick commerce competition intensifies, widening discounts and delaying margin recovery. Aggressive pricing by Amazon and Zepto pushes Blinkit breakeven to FY27 and weakens Instamart margins, despite long-term growth prospects ahead.Read More
Infosys Q3 Results: India’s second largest IT services company on Wednesday reported a 2% year-on-year (YoY) decline in its consolidated net profit at Rs 6,654 crore in the third quarter, compared with Rs 6,806 crore in the last year quarter.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
