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HCL Q1 profit rises 20% to ₹4,257 cr
July 13, 2024
|The New Indian Express
Q1 usually soft quarter, CEO says confident of sequential growth in financial services after Q2
HCLTECH'S June quarter performance beat Street estimates as the IT services firm posted a 20% year-on-year increase in its consolidated net profit at ₹4,257 crore compared to ₹3,534 crore in the year-ago period. Its revenue from operations in the first quarter was 28,057 crore, up 6.7% compared to ₹26,296 crore in the same quarter last year.
The company retained its constant currency (CC) revenue growth guidance between 3% and 5% in FY25 and EBIT margin is expected to be between 18% and 19%.
هذه القصة من طبعة July 13, 2024 من The New Indian Express.
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The New Indian Express
Gaza's Rafah crossing set to reopen as ceasefire moves ahead
PALESTINIANS in Gaza watched with hope and impatience on Sunday as workers laid the groundwork to reopen the territory's Rafah border crossing with Egypt, its lifeline to the world. Israel says the crossing is scheduled to resume on Monday as its ceasefire with Hamas moves ahead.
1 mins
February 02, 2026
The New Indian Express
States to get ₹1.4 lakh cr in next fiscal
FINANCE minister Nirmala Sitharaman, presenting the 16th Finance Commission report that determines tax revenue devolution between the Centre and the states for the fiscals 2026 to 2031 in the Lok Sabha, said the states would get ₹1.4 lakh crore in the next fiscal as part of tax devolution.
1 min
February 02, 2026
The New Indian Express
THE KING’S PORTION
AROUND the fourth century BCE, Chanakya, in his treatise on governance, the Arthashastra notably said, ‘Praja sukhe sukham rajya, prajanam tu hite hitam’, meaning, “In the happiness of his subjects lies the king’s happiness, in their welfare his welfare”.
4 mins
February 02, 2026
The New Indian Express
3 students killed as car, bus collide in Cuddalore
THREE students of a private agricultural college were killed and three others were injured when a car collided with a bus on Tiruchy-Chennai National Highway near Tittakudi in the wee hours of Sunday.
1 min
February 02, 2026
The New Indian Express
Govt will borrow ₹17.2L cr, fiscal deficit target at 4.3%
PUTTING fiscal consolidation onto a slow lane, targeting only a 10 bps reduction from the current year to 4.3% of GDP, finance minister Nirmala Sitharaman on Sunday in Union Budget pushed for more market borrowings at ₹17.2 lakh crore as she increased the capital expenditure allocation to 12.21 lakh crore for the next fiscal.
2 mins
February 02, 2026
The New Indian Express
BIG ON SMALL, SMALL ON BIG
BUDGET 2026, presented by Finance Minister Nirmala Sitharaman in Parliament on Sunday, has turned out to be a story of unrealised expectations rather than bold reforms.
2 mins
February 02, 2026
The New Indian Express
FILL THE GAPS BUDGET, NO BIG BANG HERE
Caution & incrementalism define the FM's ninth outing: many nudges, steady borrowing limits, infra push, sectoral incentives, muted investor cheer, and unanswered questions on currency and capital flows
4 mins
February 02, 2026
The New Indian Express
THE SPECIALISTS: GAMECHANGERS
Over the years, throwdown specialists have become an integral part of cricketing ecosystem. Gomesh S takes a deep dive into understanding their significance, the challenges they face, and whether it has become a viable career option
5 mins
February 02, 2026
The New Indian Express
Mass Epstein file release sparks resignation, royal heat
Justice Department trove names high-profile contacts, prompts resignation in Slovakia and revive UK calls for Prince Andrew’s cooperation
2 mins
February 02, 2026
The New Indian Express
High-speed rail to put Chennai on fast track
Union Finance Minister Nirma-la Sitharaman’s announcement in Parliament on Sunday, while presenting the Union Budget, on the development of high-speed rail corridors along the Chennai-Bengaluru and Chennai-Hyderabad routes has revived hopes for faster inter-State connectivity from Chennai.
1 mins
February 02, 2026
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