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Infosys Ltd on Thursday reported earnings for the third quarter ended December 31, 2023. The attrition rate in the third quarter of FY24 declined to 12.9 per cent, Infosys said in an exchange filing on Thursday. The voluntary attrition for IT services was reported at 14.6 per cent in the September quarter of FY24.

Revenue Growth Analysis: Infosys reported a 1.3% YoY improvement in its consolidated revenue, reaching ₹38,821 crore in Q3 FY24. On a sequential basis, revenue was down by 0.4%. The revenue in constant currency (CC) terms also declined by 1% YoY.

Also Read: Outlook 2024: Valuations, earnings, pre-election optimism to fuel Indian stock market, says Standard Chartered Against this backdrop, certain stocks have experienced a notable surge. Within the Nifty 500 index, 47 stocks have demonstrated gains ranging from 10% to 50% in the current month so far. Shares of billionaire Mukesh Ambani-owned Network18 stood as the top gainers in the current month, with a gain of 50% so far.

₹6,106 crore, down 7.3 percent from ₹6,586 crore in the year-ago period. Its consolidated revenue was flat, up just 1.3 percent to ₹38,821 crore versus ₹38,318 crore in the same period last year. The expectations had remained subdued from the IT sector as a whole and also from Infosys during the third quarter of FY24.

Investing.com-- Most Asian stocks rose on Thursday after a bruising start to 2024, with focus squarely on key U.S. inflation data for more cues on interest rate cuts, while Japan’s Nikkei 225 index extended its run of stellar gains after hitting multi-decade highs this week.

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career professionals building a successful career path tend to switch jobs as they look to grab better growth opportunities. However, make sure you get all necessary documents from the organisation you have resigned before starting at a new company. Read our special placement series| Class of 2024

Helio Smart Ring, a formidable competitor to the Oura ring. Constructed with a titanium alloy, the ring weighs a mere four grams, boasts a thickness of 2.6mm, and provides water resistance with a rating of 10ATM. The R1 is an AI-driven device equipped with a 2.88-inch touchscreen display and operates on a MediaTek processor.

Pran Prathista’ ceremony in Ayodhya on January 22, months before the country heads to the polls. In a statement, the Congress said that its senior leaders would not be attending the inauguration ceremony of the Ram temple in Ayodhya on January 22. “Lord Ram is worshipped by millions in our country" and “religion is a personal matter", read the party statement.

largecap funds of portfolio management services (PMS) firms outperformed smallcap funds, with some of them even giving double-digit returns. Tulsian PMS’ largecap strategy topped the list, giving nearly 12% returns in December. On a 1-year basis, too, the strategy has given a staggering 48% returns. The largecap strategies of ICICI Prudential, Asit C Mehta Investment, Nippon India, and Agreya Capital Advisors gave 10-10.5% returns in December. Saurabh Mukherjea-run Marcellus Investment’s “Consistent Compounders” is another largecap strategy that gave positive returns last month, but underperformed its benchmark.

Australian Premium Solar India opened for subscription on Thursday. The issue, which closes on January 15, is getting solid response from investors with the overall subscription at nearly 12 times within hours of opening.

Amazon.in’s Pongal & Sankranti Festive Store with offers. ASUS [SmartChoice] Vivobook 15, Intel: Thelaptop, ASUS Vivobook 15 is equipped with the latest processor for efficient work on the go. Additionally, it comes with Intel Core i7-12650H Processor, 15.6-inch and Intel Iris Xᵉ graphic card.

Mangalore Refinery and Petrochemicals, a government-owned refinery company, continued their winning streak for the third consecutive trading session on Thursday, gaining 17.8% to hit a new record high of ₹158 apiece, surpassing their previous record of ₹149 apiece achieved in January 2008. By 01:15 pm, a total of 33.8 million shares were traded on the NSE and BSE combined, significantly exceeding the one-week average trading volume of 2.1 million shares. Also Read: Nifty 50 usually gains 6 months pre and post general elections despite volatility: Motilal Oswal In the calendar year 2023, the stock generated a multibagger return of 137.52%, marking its third consecutive year of positive performance.

Maharashtra is followed by Madhya Pradesh, Chhattisgarh. Indore, Surat named cleanest cities in the annual survey. Notably, Indore bagged the title seventh time in a row.

Unified Payments Interface (UPI) and PayNow cross-border connection makes it possible for Indians to receive instantaneous, safe, and affordable remittances from the Indian diaspora residing in Singapore straight into their bank accounts. This facility can be accessed by users of BHIM, PhonePe, and Paytm apps. Additionally, banks such as Axis Bank, DBS Bank India, ICICI Bank, Indian Bank, Indian Overseas Bank, and State Bank of India provide this functionality through their respective apps, stated a press release issued by National Payments Corporation of India. All About Tax-Saving Which banks app are supporting the linkage According to the National Payments Corporation of India (NPCI) press release, “More Third-Party Application Providers (TPAPs) and bank apps such as Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Federal Bank, HDFC Bank, IDFC First Bank, IndusInd Bank, Karur Vysya Bank, Kotak Mahindra Bank, Punjab National Bank, South Indian Bank, and UCO Bank are expected to be added to the linkage soon. This expansion will broaden the range of choices offered to customers.” Key benefits of receiving funds via UPI-PayNow:

Salaar: Part I Ceasefire has been running in cinemas for twenty days now. The movie has neared the ₹400 crore mark in box office collections, after performing well on its first 19 days at the box office. According to Sacnilk, Salaar: Cease Fire - Part 1 earned around 2.00 Cr India net on its twentieth day for all languages.

Q3 results 2024: Amid results season for the third quarter of the current financial year, four IT majors — Tata Consultancy Services (TCS), Infosys, HC Technologies, and Wipro are going to declare their respective Q3 results in the next two days. Out of these four IT majors, TCS and Infosys will be declaring their Q3 results today whereas HCL Technologies and Wipro are going to declare their third-quarter earnings tomorrow.

As Ethereum continues to evolve, it stands on the cusp of significant growth in 2024. Analysts, including CryptosRUs Analysis , are bullish about Ethereum's future, particularly due to the anticipated Dencun Upgrade. This upgrade is expected to be a game-changer for Ethereum's ecosystem, driving exponential growth through various technical enhancements.

Microsoft has launched its Copilot AI app, a comprehensive generative AI solution, for Android users. This free application, formerly known as Bing Chat, integrates the advanced GPT-4 AI model, offering a range of capabilities, including text generation and image creation with DALL-E 3. This release marks a notable step in Microsoft's AI endeavors, positioning Copilot as a strong competitor against paid alternatives and setting the stage for an anticipated iOS version​​​​.

₹850 apiece in early trade on Thursday. This positive response from investors follows the release of the company's Q3FY24 business update on Wednesday after market hours. The company marked its highest-ever Q3 revenue, experiencing a consistent trend across various geographies and channels.