A decrease in revenue is primarily on account of 10.6 per cent decline in O2C (order to cash) business revenues, with lower product price realization and 6.6 per cent fall in Brent crude price.
Infosys was the top loser at Rs 640 per share -- down by 16.65 per cent -- a day after an anonymous group calling itself 'ethical employees' alleged in a letter to the board of Infosys and the US Securities and Exchange Commission (SEC) that the company is taking unethical steps to boost short-term revenue and profits.
The oil-to-telecom conglomerate on Friday reported 18.3 percent rise in consolidated net profit to a record Rs 11,262 crore for the second quarter of the current fiscal.
Global brands are making everything from swimwear to winter wear to backpacks with recycled material. India can catch up soon if it looks at its waste as a resource.
New Delhi: Reliance Industries Ltd put up a solid Q3 show by becoming the first Indian private firm to report...
The launch of Reliance Jio Phone by Reliance Industries Limited (RIL) Chairman Mukesh Ambani has really led to a much-needed...
