Tech Mahindra’s profit slumps 60%; domestic infra boost strengthens Tata Steel’s earnings

The performance dip was particularly pronounced in the communications and media sector for Tech Mahindra—which accounts for a significant chunk of revenue. Tata Steel, meanwhile, saw a good quarter dampened by international weakness.

24 January, 20241 min
0
Tech Mahindra’s profit slumps 60%; domestic infra boost strengthens Tata Steel’s earnings

You may also like

Business
Story image

Why Air India’s next CEO shouldn’t be an expat

Campbell Wilson is on his way out. Now chairman N. Chandrasekaran has to look for a replacement. But is an expat CEO the best choice?

Business
Story image

Growth alone isn’t enough, Waaree needs to do more

The solar module maker’s investors want proof of its durability in the face of a leadership change and a costly push into energy storage.

Business
Story image

Why IndusInd Bank promoter Ashok Hinduja was never really in the dark

As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.