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, 2024•1 min
0
24 January, 2024•1 min
0
Getting your Trinity Audio player ready...
More in
Business
The Gulf Report: Abu Dhabi National Hotels takes a hit as war chills tourism
The listed hospitality group sees a drop in revenue and profit in the first quarter. Separately, China steps up engagement with Saudi Arabia and the UAE.
You may also like
Business
The Gulf Report: Abu Dhabi National Hotels takes a hit as war chills tourism
The listed hospitality group sees a drop in revenue and profit in the first quarter. Separately, China steps up engagement with Saudi Arabia and the UAE.
Business
Yes Bank’s comeback is real, but incomplete
The beleaguered lender outperformed larger rivals—and itself—on several metrics in FY26, but one-offs and a still weak retail engine keep its investors on edge.
Business
SEBI amps up focus on commodity derivatives amid rising investor interest
The market regulator is once again considering allowing colocation in the segment to pave the way for a smooth trading experience as commodity derivatives are drawing investors in hordes.