In April 2019, KPIT Technologies, previously KPIT Engineering, separated from Birlasoft. Recent contract wins helped KPIT Technologies’s cloud business unit increase by 20.8 percent (Quarter over Quarter) and 49.8 percent (Year over Year), according to a report that was just released by the brokerage. Choice said that the company had obtained new contracts with a…
RVNL: In March, a partnership between Rail Vikas Nigam and CJSC Transmashholding of Russia won the lowest bid for the Rs 58,000 crore contract to build and maintain 200 trainsets. RVNL Share News Rail Vikas Nigam (RVNL) stock increased 20% on Tuesday, extending its 5-days winning streak to 40%. As a result of Union Minister…
ICICI Bank said today that its net profit for the three months ended March 31 2023 was Rs 9,121.87 crore, up 30% year over year (YoY) over the same period the previous financial year, when it was Rs 7018.71 crore. The final dividend of Rs.8 has been announced by ICICI Bank In a regulatory filing, private lender ICICI also declared an…
The Q4 financial results of HCL Technologies are forthcoming. The services sector is anticipated to be the main driver of growth, although due to seasonal weakness, most analysts anticipate a sequential fall in constant currency sales, with software revenue in particular projected to see a severe decline. Reliance Securities forecasts a 1.6% QoQ decline in…
Sensex Today Live: Indian markets started the week down as information technology (IT) sectors plunged after unsatisfactory fourth-quarter earnings from Infosys and Tata Consultancy Services. IT Companies Today IT companies; Infosys and Tech Mahindra were the leading losers from the Sensex pack, losing 7-11%. Along with NTPC, Wipro, HCL Tech, TCS, HDFC Bank, and HDFC…
