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E Kumar Sharma
New Delhi, July 21, 2018
Wipro beats expectations largely riding on its two key sectors of BFSI, which constitutes to about 30% of revenue and consumer business unit, thereby makingfor about 16% revenue, says Sudheer Guntupalli, analyst, Ambit Capital.


BusinessToday.In
July 20, 2018
The Bengaluru-headquartered IT firm said that net profit for the three months to June 30 rose to Rs 2,120.8 crore.


BusinessToday.In
July 17, 2018
It fell despite strong earnings as some brokerages downgraded their target price citing the expensive valuations of the stock. The stock opened at 1770 level on the BSE compared to Monday's close of 1753.85 on the BSE.


BusinessToday.In
July 17, 2018
The younger IITs are not only catching up with the older ones in terms of attracting marquee names but also in terms of the salaries being offered.


PTI
July 16, 2018
FMCG major Hindustan Unilever today reported a 19.17 per cent increase in standalone net profit at Rs 1,529 crore for the first quarter ended June 30, 2018.


Manu Kaushik
New Delhi, July 11, 2018
Green shoots in the hospitality sector coupled with buoyancy in the primary market has paved the way for Initial Public Offerings (IPOs) in the hotels sector.


BusinessToday.In
July 11, 2018
Under Sebi's takeover code, if a company acquires more than 25 per cent in another listed company, it has to make an open offer to minority shareholders to buy at least 26 per cent more in the target firm.


Nidhi Singal
New Delhi, July 9, 2018
iOS12 will be looking to correct the problems of its earlier avatar. It also has a host of new features. Here's what users can expect.


Manu Kaushik
New Delhi, July 9, 2018
Business confidence slides in the first quarter of 2018/19 as businesses feel the pinch of GST and brace for policy inaction and higher interest rates, finds the latest Business Today-C fore Business Confidence Survey.


BusinessToday.In
July 5, 2018
VK Sharma, Head Private Client Group & Capital Market Strategy at HDFC Securities said,\" Reliance saw profit booking as the company unveiled its foray into the broad band services known as 'Jio Giga Fiber'.  This is a smart move by the company in a sector that has not seen keen penetration. The stock had risen 6% in the run up to the AGM, so a correction was not out of place.\"


Goutam Das
New Delhi, July 4, 2018
The biannual Employment Outlook Report by TeamLease Services forecasts an increase of 4 per cent in the net employment outlook to 95% for the April-September 2018 period versus 91% in October-March 2017-18.


BusinessToday.in
New Delhi, July 3, 2018
Pantene, Unilever, Colgate will not last long against Patanjali, says Baba RamdevAfter upstaging giants like Unilever, Colgate, Pantene and Nestle, Baba Ramdev is openly mocking these companies as competition goes fierce in India's FMCG segment. Baba Ramdev who founded Patanjali Ayurved said that all these companies would wither away and it is just a matter of time. \"People pass away in 100 years... so these companies will also pass away in a couple of days... we have just made them do shirsasana... in a couple of days they will attain moksha also,\" the baba said. However, Baba Ramdev's Patanjali Ayurved that had recorded over 100% growth rate about a year ago saw a considerable dip in demand in the past year. A senior manager told Business Today in June this year, \"Their store filling frequency is pathetic. When the consumer asks for the product and it's not available she obviously moves to other brands.\"Flipkart deal in line with govt's FDI policy, says WalmartUS retail giant Walmart on Monday said its proposed $16 billion acquisition of Flipkart was in accordance with the government's FDI policy even as local shopkeepers and traders continued their protest against the deal. The Confederation of All India Traders (CAIT) organized mass sit-in protests across cities such as Delhi and Mumbai against the deal on Monday. The traders body fears Walmart's buyout of Bengaluru-based Flipkart will create a monopoly in the retail market and drive mom-and-pop stores out of business. CAIT has been urging the government to scrap the deal and constitute a regulatory authority to monitor the country's e-commerce market.Trump: WTO needs to change ways or US will do 'something'President Donald Trump is warning the World Trade Organisation that if the United States isn't treated \"properly, we will be doing something.\" Trump is again denying plans to withdraw the U.S. from the WTO but tells reporters in the Oval Office that the trade organization needs to change its ways. Trump has struck US allies with tough tariffs and is planning to impose tough trade penalties on China later this week. He says the WTO has treated the U.S. \"very badly and I hope they change their ways.\" He says he's not \"planning anything now\" but if the WTO doesn't treat the U.S. properly, \"we will be doing something.\" Trump did not elaborate. He spoke during a White House meeting with Dutch Prime Minister Mark Rutte Nikkei Manufacturing PMI rises to 53.1 in June, the fastest growth in 2018The latest Nikkei India Manufacturing Purchasing Managers Index (PMI) survey brings plenty to cheer about. The PMI rose to 53.1 in June from 51.2 in May, consistent with the fastest improvement in the health of India's manufacturing economy in the year so far. This is the 11th consecutive month that the manufacturing PMI remained above the 50-point mark. A score above 50 means expansion, while a reading below 50 points toward contraction. According to the survey, the sector's activity grew at the strongest pace since last December, supported by rise in domestic and export orders.Sanju surpasses Baahubali 2 to register highest single day collectionRanbir Kapoor-starrer Sanju has created history by recording the highest single day collection for a Hindi film. On the third day, according to trade analyst, Taran Adarsh, the Rajkumar Hirani-directed biopic cashed in Rs 46.71 crore. In doing so, it surpassed the Rs 46.50 record set by Baahubali 2 in April, 2017. The film was released across 4,000 screens in India, and 1,300 screens overseas. It grossed Rs 34.75 crore on Friday, Rs 38.60 crore on Saturday, and created history on Sunday. In total, the film has managed to mint Rs 120.60 crore in the first three days of its release, making it the highest weekend opening for a film in 2018.


BusinessToday.In
July 2, 2018
The latest Nikkei India Manufacturing Purchasing Managers Index (PMI) survey brings plenty to cheer about. The PMI rose to 53.1 in June from 51.2 in May, consistent with the fastest improvement in the health of India's manufacturing economy in the year so far.


PTI
New Delhi, June 28, 2018
Climate change could cost India 2.8 per cent of GDP, and depress living standards of nearly half of its population by 2050, as average annual temperatures are expected to rise by 1-2 per cent over three decades, a World Bank report said.


Nidhi Singal
New Delhi, June 26, 2018
If you are excited about iOS 12 that will be officially available this fall (usually September), you can experience the pre-release version of the software now. Announced earlier this month at WWDC 2018 in San Jose, Apple has finally released the Public Beta version of the iOS 12 for all.


BusinessToday.in
June 21, 2018
The stock has gained 45.62% during the last one year and clocked 12.11% returns since the beginning of this year.


BusinessToday.In
June 15, 2018
At 1:43 pm, the stock was trading 0.40% higher at 1,011 level.  The stock which opened at 1007.50 level on the BSE rose to its all-time high of 1023.50 on BSE.  The stock has been gaining for the last four days and has risen 3.72% during the period. The stock is up nearly 11% since the beginning of this year and has risen 47.11% during the last one year.


PTI
June 12, 2018



BusinessToday.In
New Delhi, June 12, 2018
A finance ministry official has said that more banks may not be brought under the RBI's PCA plan as the bad loans crisis may show signs of improvement in the next few quarters; India's GST collections have been rising steadily and yet over one third of the registrants never paid any GST and Nirav Modi has claimed political persecution and sought asylum in the UK. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


PTI
June 12, 2018



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