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Tech Mahindra, country's fifth largest IT services firm, reported a decline in net profit of 40.9% year-on-year (YoY)to `661 crore primarily driven by slowdown in its telecom, communications, media and entertainment business, which is its largest vertical with 36.5% market share.The profit stood at Rs 1,118 crore in last year's March quarter. Sequentially, profit grew 29.6% from Rs 510 crore in the December quarter because of a one-off gain. The Pune-headquartered firm’s consolidated revenue...
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Fed's favorite inflation gauge and Big Tech earnings greet a slumping stock market: What to know this week
With the stock market rally at its most fragile stage in months, big tech earnings, a reading on economic growth and a fresh inflation print are set to greet investors in the week ahead.
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Bucks vs. Pacers Game 6: Everything You Need to Know As Milwaukee Eyes Winner-Take-All Game 7
The Milwaukee Bucks scraped together a win over the Indiana Pacers at home in Game 5, but now hit the road to force a Game 7 likely without both Damian Lillard and Giannis Antetokounmpo.