Wipro ended the October-December 2025 period with $2.64 billion in revenue, up 1.19% sequentially and 0.24% from a year ago. More than three-fifths of its incremental revenue came from banks, which make up a little more than a third of its business. On the other hand, Tech Mahindra reported a third-quarter revenue of $1.61 billion,…
Budget 2026 Expectations: The countdown for the Union Budget 2026 has already begun and experts from different sectors are listing their wishes before Finance Minister Nirmala Sitharaman makes announcements at the Parliament. The Finance Minister is set to present Budget 2026 on 1 February, Sunday, in the Lok Sabha. Ahead of the Union Budget 2026,…
In a joint statement on 16 January, the Brewers Association of India (BAI), the International Spirits and Wines Association of India (ISWAI), and the Confederation of Indian Alcoholic Beverage Companies (CIABC) said the Telangana State Beverages Corporation Limited’s (TGBCL’s) dues had crossed ₹3,900 crore, with about ₹900 crore pending for over a year. “The alcohol…
However, seasonal marginal pressures on asset quality, particularly agriculture-linked products, may lead to a moderate rise in slippages. Besides the two major banks, RBL Bank, Yes Bank, IDBI Bank, UCO Bank, and Punjab and Sind Bank will announce their Q3 earnings on Saturday. HDFC Bank HDFC Bank is expected to report a 10% year-on-year rise…
Film actress Anushka Sharma and cricketer Virat Kohli have bought about 5.1 acres of land in Alibaug, a coastal town near Mumbai, for ₹37.86 crore, according to property registration documents. The couple purchased the land in Zirad village from Sonali Amit Rajput, a director at Samira Land Assets Pvt. Ltd. The transaction, which includes two…
At the centre of the concern is a proposal, first reported by Reuters earlier this month, that could require smartphone manufacturers to make their source code available for official review. While the Ministry of Electronics and Information Technology (MeitY) says consultations are ongoing and has denied seeking access to source code, the issue has emerged…
Bank holiday today, 16 January: The ongoing week has been seeing multiple bank holidays across several states in India on the occasion of various harvest festivals and other observations. Since there are so many bank holidays this week, it has led to the question whether banks are open or closed today, 16 January. There is…
Recognising that infrastructure expansion must go hand in hand with user convenience, the Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI) have steadily reworked India’s tolling framework over the years. These reforms gathered pace in 2025, during which a series of measures – from predictable toll expenses and…
In its latest draft circular last week, RBI suggested revising the dividend distribution framework for banks, linking eligibility more closely to core equity strength rather than overall capital ratios. The proposals are open for stakeholders’ feedback until 5 February. The new guidelines allow banks to distribute up to 75% of their net profit, subject to…
As India’s pharmaceutical sector kicks off its earnings season for the quarter ended December on Friday, analysts expect muted margins. A key reason for this is the loss of patent exclusivity for the blood cancer drug Revlimid in the US. While the Revlimid loss is expected to hit overall US sales, steady domestic growth and…