Category: BUSINESS

Infosys missed fourth-quarter revenue estimates to post a profit of Rs 7,033 crore (down 11.8%) on Wednesday. The IT giant also projected weak revenue growth for the fiscal year as ongoing softness…

The European Central Bank cut interest rates Thursday for the seventh time in a row to counter worries about economic growth fuelled by President Donald Trump’s tariff onslaught. The bank said in…

The RBI on Thursday said it has imposed penalties on Kotak Mahindra Bank, IDFC First Bank, and Punjab National Bank for certain deficiencies in regulatory compliance. The Reserve Bank of India (RBI),…

The recent reduction of 18-20% in the allocation of Administrative Price Mechanism (APM) gas to the city gas distribution entities have clouded their profitability outlook. To compensate for this, CGD firms will need…

Walmart-owned e-commerce giant Flipkart has ended its work-from-home policy, instructing all employees to return to office premises five days a week. This marks the conclusion of a flexible remote work arrangement that…

Brokerages have downgraded their ratings on Wipro and lowered their price targets after the IT services provider reported weaker-than-expected revenue for the March quarter and issued a muted revenue outlook for the…

The Delhi Metro Rail Corporation (DMRC) on Thursday (April 17) announced that approximately 70% of construction work has been completed on the corridors connecting Chhatarpur Mandir, IGNOU, Kishangarh and Vasant Kunj. Additionally,…

Electric cab-hailing firm BluSmart, services of which remained suspended for the second day on Thursday, assured its customers that it will initiate a refund of their wallet balance within 90 days. In…

Nearly a decade after its exit from the country and India revamped its mining policy to lure global investors, British-Australian giant Rio Tinto is set to enter the country, with significant investment…