Country’s top IT services company Infosys Ltd announced its financial results for the quarter ended March 31, 2023 (Q4FY23). The company’s net profit rose 8 percent to Rs 6,128 crore while its revenue from operations increased 16 percent (YoY) in the said quarter. Meanwhile, Infosys’ rival and biggest IT company TCS had on April 12 […]
Tim Cook to open Apple’s India stores, seeks meet
Apple Inc. Chief Executive Officer Tim Cook has scheduled a trip to open the iPhone maker’s first stores in India next week, underscoring the company’s ambitions for the country as a growth market and manufacturing base. Cook is likely to preside over the opening of the twin outlets in India’s financial and political capital, people […]
Time to rejig your fixed deposit (FD) investment
The Reserve Bank of India (RBI) has decided to halt interest rate hikes, signaling that the interest rate cycle may have reached its peak. The recent announcement by RBI Governor Shaktikanta Das did not go well with fixed deposit (FD) investors, who were eyeing further rate hike by the banks. Investors in term deposits are […]