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 […]
Market sees MPC’s rate pause as pivot despite RBI Governor Shaktikanta Das
The battle between perception and establishing expectations is not an easy one. And Governor Shaktikanta Das may be losing the battle following the Reserve Bank of India’s latest monetary policy decision. The central bank chief was at pains to emphasise that the Monetary Policy Committee’s decision on April 6 to leave the repo rate unchanged […]