Income tax dept conducts survey at Hinduja group firm

The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said. IMAGE: The......

India Inc earnings, revenue growth in Q2 may stay muted

Brokerages expect slower growth in industry’s volumes and revenue in July-September 2024 (Q2FY25). Illustration: Uttam Ghosh/Rediff.com But they anticipate a pickup in profit growth, driven......

IT firms may remain on recovery path in Q2

Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25).......

BFSI sector valuation discount at new high

Companies in the banking, finance sector and insurance (BFSI) sector have underperformed on the bourses despite leading the earnings growth charts in the post-pandemic period. Illustration: Uttam......

Why analysts are expecting a turnaround for IT companies

In previews of Q2FY25 and beyond, industry analysts are expecting a turnaround for IT services. Illustration: Dominic Xavier/Rediff.com High teens earnings per share or EPS growth is expected for......