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HCL Tech Q1 net profit surges 20.4% to Rs 4,257 cr

IT services company HCLTech on Friday posted a 20.4 per cent rise in consolidated net profit to Rs 4,257 crore for the June-ended quarter and gave a revenue growth guidance of 3-5 per cent for FY25......

Weak guidance, muted sentiment to weigh on near term IT outlook

The two IT majors -- Infosys and TCS -- delivered disappointing results for the fourth quarter of the 2022-23 financial year (Q4FY23). Poor macro conditions and weak sentiment in the banking,......

Infy chief's 4-point growth strategy

Besides working on better operational control, internal efficiency and leveraging of internal talent, Salil Parekh is also focusing on building a pipeline of leaders Salil Parekh, chief executive......

Note ban hit Pepsi in OND q, says Nooyi

Image: PepsiCo CEO Indira Nooyi. Photograph: Don Heupel/Reuters. The demonetisation drive had a "significant impact" on the company's business in India in the last quarter of 2016 and there are......

Nooyi rues lingering effects of demonetisation on PepsiCo business

Stating that implementation of the demonetisation policy had its "share of challenges", Nooyi hoped that things will return to normal by the second quarter. The demonetisation drive had a......

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