A naukri.com initiative
Business News
Bloomberg Quint
4d
239
Image Credit: Bloomberg Quint
Wipro Q4 Review — Weak Results; Tariff Disruption To Delay Recovery Further; Dolat Capital Cuts Target Price
- Wipro's Q4 results have been weak with a decline in revenue.
- Dolat Capital cuts the target price and maintains 'Reduce' rating for Wipro.
- Q1 FY26 guidance suggests another year of muted growth for Wipro.
- The growth outlook remains hazy for Wipro despite eased valuations.
Read Full Article
14 Likes
Medium
4d
109
Image Credit: Medium
I Tried Earning Just $1 Online
- The author reflects on the experience of earning their first dollar online and how it changed their perspective on work and self-belief.
- Many people aspire to achieve big goals like passive income and brand partnerships, but it's important to remember that everyone starts with a humble first sale.
- The author shares their personal challenge of earning $1 online in 48 hours to prove that someone would pay for what they created.
- By offering to write a 300-word product description for $1, the author learned the value of taking action and getting started.
Read Full Article
6 Likes
Bloomberg Quint
4d
102
Image Credit: Bloomberg Quint
Waaree Renewable Technologies Share Price Rallies After Q4 Profit Jumps 83%
- Waaree Renewable Technologies reported an 83% jump in net profit and a 74% increase in revenue from operations in Q4 FY26.
- The company's EPC sales increased by 76% on an annual basis, and the order book grew by 38% to over 3.2 GW.
- Waaree Renewable Technologies appointed Manmohan Sharma as the chief financial officer and Sudhir Arya as an additional director.
- The share price of Waaree Renewable Technologies opened high at Rs 1,110.35 apiece and has fallen 19.75% on a year-to-date basis.
Read Full Article
6 Likes
Bloomberg Quint
4d
335
Image Credit: Bloomberg Quint
Wipro Share Price Declines As Lower Q1 Q1FY26 Guidance Triggers Target Price Cuts
- Wipro's outlook for the June quarter remains muted with a degrowth of -3.5% to -1.5%.
- Wipro's share price declined over 6% after lowering revenue guidance.
- Brokerages have cut target price on Wipro stock due to bearish outlook.
- Wipro's American Depositary Receipts closed 3.20% lower in New York.
Read Full Article
18 Likes
Bloomberg Quint
4d
64
Image Credit: Bloomberg Quint
Rupee Opens Stronger For Fourth Session Backed By FPI Inflows, US-Japan Trade Talks
- The Indian Rupee opened 21 paise higher at 85.48 to the dollar.
- Foreign investors stayed buyers for a second consecutive session, aiding the currency.
- Tokyo and Washington are underway with trade negotiations, while Beijing has also expressed interest in pursuing talks, given certain conditions are met, boosting risk appetite.
- Oil prices advanced for a second consecutive session after the US declared to reduce Iran's energy exports to zero.
Read Full Article
3 Likes
Bloomberg Quint
4d
642
Image Credit: Bloomberg Quint
Q4 Results Today: Infosys, Tata Elxsi, Jio Financial, HDFC Life Among 12 Companies To Declare Earnings
- As many as 12 companies are slated to announce their Q4 and FY25 results, including Infosys, Tata Elxsi, Jio Financial, HDFC Life, and others.
- Some notable companies on the list include Advik Capital, Devinsu Trading, Indosolar, and National Standard.
- In the previous quarter, Infosys reported an 11.4% YoY rise in net profit, while Jio Financial Services' net profit remained nearly flat.
- Tata Elxsi's net profit declined by 3.6% in the last quarter, but the company saw an increase in revenue from operations.
Read Full Article
19 Likes
Bworldonline
4d
109
Image Credit: Bworldonline
DepEd partners with gov’t agencies to fight ‘alarming rise’ in bullying
- The Department of Education (DepEd) is partnering with other government agencies to address the alarming rise in bullying incidents.
- DepEd aims to combat bullying by working not only within schools but also in households and communities.
- Bullying cases in the National Capital Region (NCR) have increased from 2,268 in the previous school year to 2,500 in the current school year.
- Government agencies are implementing measures such as increased police visibility, activating intervention programs, and enhancing values education curriculum to address bullying.
Read Full Article
6 Likes
HinduBusinessLine
4d
170
Image Credit: HinduBusinessLine
US Tariffs are stoking job fears in China, Morgan Stanley says
- 44% of Chinese consumers fear job loss due to US tariffs, a survey by Morgan Stanley reveals.
- 39% of respondents express increased concerns about unemployment compared to a year ago.
- Morgan Stanley survey shows low consumer confidence in China's economy, worsened by strict Covid policies.
- Outlook for spending weakens and salary cuts are a concern among Chinese consumers.
Read Full Article
10 Likes
Bloomberg Quint
4d
337
Image Credit: Bloomberg Quint
Avalon Tech — Tariff Tailwinds, Growing Client Base Boost Growth Outlook: Motilal Oswal, Maintains 'Buy'
- Avalon Tech, an electronics manufacturing services company, is expected to see improved revenue and profitability as its US operations witness a healthy recovery and the Indian business experiences growth, according to Motilal Oswal.
- Avalon has a favorable tariff environment for India, an increase in domestic demand, stable/improving demand from the US, a healthy client mix, and a favorable manufacturing presence compared to its peers.
- With its well-established manufacturing presence in the US, Avalon is uniquely placed in the Indian electronics manufacturing services sector.
- To continue reading this story, users can subscribe to unlock and enjoy subscriber-only benefits.
Read Full Article
20 Likes
Bworldonline
4d
239
Image Credit: Bworldonline
National Artist for Film Nora Aunor, 71
- Legendary Filipina actress Nora Aunor, known as the superstar of Philippine cinema, passed away at the age of 71.
- Her son, Kristoffer Ian De Leon, confirmed her death through a heartfelt Facebook post, expressing love and gratitude.
- Nora Aunor was a multi-talented artist, excelling in singing, dancing, and acting, and was praised for breaking barriers as a morena superstar in a mestiza-dominated industry.
- Initially discovered singing at a train station, she rose to fame in 1967 after winning a singing contest and hosting a musical variety show, followed by a successful film debut.
- Throughout her illustrious career, Aunor starred in numerous acclaimed films, earning her a place among the Filipino Academy of Movie Arts and Sciences Awards Hall of Fame.
- Recognized for her exceptional contributions to film and broadcast arts, she was honored as a National Artist in 2022.
- Aside from her acting prowess, Aunor ventured into politics but later withdrew due to health issues.
- Married to actor Christopher De Leon, she leaves behind a legacy of unmatched talent, grace, and passion for her craft, touching the hearts of many.
- Ms. Aunor's passing drew condolences and tributes from peers, fans, and industry organizations, highlighting her enduring impact on Philippine cinema.
- Her iconic presence and artistry have left an indelible mark, ensuring that her star will continue to shine brightly in the hearts of people.
Read Full Article
14 Likes
HinduBusinessLine
4d
117
Image Credit: HinduBusinessLine
Tea, coffee, tobacco, spices register 16% export growth in FY25
- Tea shipments in FY25 increased by 10.8% to $0.92 billion from $0.83 billion in the previous year.
- Tobacco exports showed an impressive growth of 36.6% to $1.98 billion from $1.45 billion.
- Spices exports witnessed a moderate growth of 4.7% to $4.45 billion in FY25 from $4.25 billion in the previous year.
- Coffee exports surged by 40.3% to $1.81 billion from $1.29 billion in the previous year.
Read Full Article
7 Likes
Guardian
4d
199
Image Credit: Guardian
Temu and Shein drop US ad spending as they face tariffs on even small sales
- Temu and Shein, two online e-tailers, are reducing their spending on US social media advertising due to the loss of tariff exemptions on their shipments from China and Hong Kong.
- As of May 2, sales valued at under $800 will no longer be exempt from US tariffs.
- Both companies plan to increase product prices next week to compensate for the increased costs.
- Temu's ad spending on Facebook, Instagram, TikTok, Snap, X, and YouTube has declined by an average of 31% in the two weeks from March 31 to April 13.
Read Full Article
11 Likes
HinduBusinessLine
4d
211
Image Credit: HinduBusinessLine
Rupee faces more headwinds from outlook for weaker yuan
- The rupee is facing more headwinds from the outlook for a weaker yuan.
- The relationship between the yuan and the rupee has climbed to the highest level since May 2023.
- The rupee has fallen about 0.3% this month, while the yuan has declined about 0.7%, adding to the competitive pressure on the rupee.
- The Reserve Bank of India may be comfortable with some amount of rupee depreciation to maintain competitiveness if other Asian currencies are also depreciating.
Read Full Article
12 Likes
Bloomberg Quint
4d
129
Image Credit: Bloomberg Quint
Stocks To Buy: Polycab India, Eicher Motors, Trent, Bharat Dynamics And Patanjali
- Stocks To Buy: Polycab India, Eicher Motors, Trent, Bharat Dynamics And Patanjali
- Polycab India, Eicher Motors, Trent, Bharat Dynamics, and Patanjali Foods are among the stocks with 'buy' calls from analysts on Thursday.
- Among the mentioned stocks, Polycab India is recommended to be bought above Rs 5,300 while Eicher Motors is suggested to be bought at the target price of Rs 5,870.
- Analysts' consensus target prices for Polycab India and Eicher Motors imply potential upsides of 29.1% and 2.3% respectively.
Read Full Article
7 Likes
Bloomberg Quint
4d
120
Image Credit: Bloomberg Quint
Wipro Q4 Results Review: Tariffs, Macro Uncertainty Drive Poor Q1 Guidance; Motilal Oswal Maintains 'Sell'
- Wipro Q4 FY25 IT Services revenue reported at $2.6 billion, down 0.8% QoQ in constant currency.
- Motilal Oswal cuts FY26E/FY27E EPS estimates by ~4% due to weak Q1 guidance and sustained demand softness.
- Wipro expects further impact in Q1 due to deteriorated client spends, reflected in a soft guidance of 3.5% to 1.5% cc QoQ revenue decline.
- Motilal Oswal maintains 'Sell' with concerns about tariffs and macro uncertainty influencing poor Q1 guidance.
Read Full Article
2 Likes
For uninterrupted reading, download the app