ICICI Lombard reported a corporate governance lapse after draft financial results were accidentally posted on a senior employee’s personal WhatsApp status. The insurer promptly removed the post and informed stock exchanges as a precaution. This incident highlights concerns over safeguarding sensitive information amid informal messaging, following a similar case with Hatsun Agro Product.Read More
HCL Technologies is expected to post a strong revenue performance in the December quarter, with brokerages forecasting around 12% year-on-year growth, supported by seasonality in products and ER&D services, currency tailwinds and ramp-up of large deals.Read More
The FMCG sector anticipates strong volume growth and better operating margins for the December quarter. This positive outlook is fueled by GST reforms, robust festive sales, and easing raw material costs. Companies like Dabur, Marico, and Godrej Consumer Products report signs of recovery. Rural demand continues to outpace urban markets. Organized retail and e-commerce are...Read More
TCS is expected to report steady but subdued performance in the December quarter, with brokerages estimating around 5% year-on-year revenue growth and about 6% profit growth amid cautious client spending and margin pressures. Q3 revenue is seen at Rs 67,000–67,500 crore and PAT at Rs 13,000–13,200 crore.Read More
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