Infosys’ U.S.-listed shares fell nearly 7% in pre-market trading after the company cut its full-year revenue growth of 1%-3.5% on a constant currency basis from 4%-7% previously.
Brij Disa Centre for Data Science & Artificial Intelligence report says top 500 Indian companies can add Rs 1.5-2.5 trillion in incremental pre-tax profit over 5 yrs by successful adoption of AI.
Kotak Mahindra's standalone profit jumped 27% from the same period last year to 25.80 billion Indian rupees ($313 million) in its fiscal second quarter.
Revenue from operations climbed 18.3% as sales of its chocolates, Maggi noodles & Sunrise and Nescafe brands of coffee rose, helped by robust advertising expenditure.
Net interest income also saw a 18.9% rise while advances grew at 23.4% with the bank seeing a high growth across retail, commercial, rural banking, wholesale loan among others.
Plane crashes, economic slowdowns, and social unrest have affected the airline industry, which revised its last year's estimate of annual profits by $10 billion.
Years are quietly being stripped off my lifespan, and somehow that doesn’t ruin my day. But getting scolded for one careless word in an email? That can send me spiralling.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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