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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.

Reuters has reported. Among the affected workers are those working on the voice-based Google Assistant and at the augmented reality hardware team.

Bollywood film of 2023, ‘Dunki,’ remained steady on day 21 at the Box office. The Raju Hirani film witnessed a decline on its third Wednesday with early estimates showing that the film minted ₹1.35 crore on Day 21, as per Sacnilk.com. As per the report, the movie has crossed ₹220.72 crore net in the domestic market so far.

unidentified flying object (UFO) over a U.S. joint operations base in Iraq has internet users scratching their heads over what it could be.The footage, released by journalist Jeremy Corbell this week, was apparently filmed by the U.S.

South Carolina was found dead in their bedroom after authorities discovered a heater in the home had reached 1,000 F (about 538 C).Police in Spartanburg, S.C., said they visited the home of Joan Littlejohn, 84, and Glennwood Fowler, 82, during a wellness check on Saturday around 6 p.m. Local reports said the couple’s family members requested the visit because they had been unable to contact the couple for the previous three days.Officers said medical officials entered the home through a bedroom window.

Coforge Ltd.(up 2.14 per cent), Tech Mahindra Ltd.(up 1.28 per cent), Persistent Systems Ltd.(up 1.15 per cent), Tata Consultancy Services Ltd.(up 1.08 per cent) and MphasiS Ltd.(up 0.85 per cent) were among the top gainers. Infosys Ltd.(down 1.2 per cent), Wipro Ltd.(down 0.2 per cent) and HCL Technologies Ltd.(down 0.04 per cent) were the top losers on the index.

The company is seen reporting a nearly 5% sequential rise in consolidated revenue to Rs 27,959.40 crore, and net profit is expected to increase by nearly 7% to Rs 4,085 crore, according to the average of estimates given by 11 brokerage firms. On a year-on-year (YoY) basis, the topline is expected to rise 4.7%, while the bottomline may drop a marginal 0.3%. In constant currency terms, analysts expect HCLTech’s revenue to grow 4.6% sequentially in the quarter gone by. The country’s third largest software service provider is scheduled to release its earnings on Friday, 12th January. The growth in the topline is likely to be led by the products and platform segment, with Nuvama Institutional Equities pegging a 20% sequential growth for this segment. The services vertical is expected to report a 2.5% sequential growth, driven by the Verizon deal and integration of the recently acquired German automotive engineering solutions provider ASAP Holding.

PI Industries Ltd. gained 1.11 per cent to Rs 3495.0 in Thursday's trade as of 11:16AM (IST). The stock hit a high price of Rs 3498.0 and low of Rs 3448.55 during the session.

Alphabet Inc.’s Google is laying off hundreds of staff working on its digital assistant, hardware and engineering teams, the company said as it continues its drive to cut costs. Among the affected workers are those working on the voice-based Google Assistant and at the augmented reality hardware team. Workers in the company’s central engineering organisation were also hit by the cuts, the company said.

Bandhan Bank Ltd.(up 1.91 per cent), IndusInd Bank Ltd.(up 1.52 per cent), IDFC First Bank Ltd.(up 1.26 per cent), Axis Bank Ltd.(up 1.07 per cent) and Au Small Finance Bank Ltd.(up 0.91 per cent) were among the top gainers. Federal Bank Ltd.(down 0.4 per cent), ICICI Bank Ltd.(down 0.28 per cent) and HDFC Bank Ltd.(down 0.21 per cent) were the top losers on the index.

Republic Day Celebrations: Rehearsals for the grand Republic Day parade have begun near India Gate in central Delhi, weeks ahead of the national celebration, as per a PTI report. As rehearsals get into full swing, the report said traffic disruptions are expected near India Gate for more than four hours, as per alerts from the city police. In particular, the Delhi traffic police have urged the public to steer clear of Vijay Chowk and intersections around the landmark.

Small enterprises big on new firm registrations Additionally, 75% of Wholesale and Trader segment MSMEs remained bullish on consumer demand in the current calendar year. Among the Indian cities, Delhi appeared most optimistic where 87% of the surveyed MSMEs anticipated a surge in consumer spending. The survey analysed responses from nearly 3,000 MSMEs from more than 25 cities in India.

Also read- Polycab India share price cracks 20% to hit lower circuit on reports of I-T raid The domestic pharma market has grown at a better pace of 9.2% year on year in December 2023, after a poor show of just 2.9% year-on-year growth in November 2023, said analysts at Elara Securities India private Ltd referring to data by Pharmatrac, a pharmaceuticals market research company. The Chronic segment of drugs continue to drive the growth in the Indian pharma market. The acute segment of drugs had seen tepid growth in November too, which is attributed to the seasonal factors.

Sobha Ltd.(up 6.55 per cent), Oberoi Realty Ltd.(up 1.67 per cent), Swan Energy Ltd.(up 0.82 per cent), Godrej Properties Ltd.(up 0.78 per cent) and DLF Ltd.(up 0.73 per cent) were among the top gainers. Phoenix Mills Ltd.(down 3.07 per cent) were the top losers on the index.

Hero MotoCorp Ltd.(up 3.06 per cent), Tube Investments of India Ltd.(up 2.21 per cent), Balkrishna Industries Ltd.(up 1.87 per cent), Samvardhana Motherson International Ltd.(up 1.47 per cent) and Bajaj Auto Ltd.(up 1.43 per cent) were among the top gainers. were the top losers on the index.

South Korea is planning to enact a new piece of legislation that would require around 5,800 high-ranking public officials to make public disclosures of their cryptocurrencies and other asset holdings. In the aftermath of a number of legislative initiatives that have been undertaken with the intention of boosting openness and minimizing concerns about conflicts of interest in the public sector, this new trend has emerged.

CricTracker, India will win the match no matter who wins the toss. But as per Times now, the Rohit Sharma led side have a 60 percent chance of winning if they bat first but the winning percentage rises to 70 if Aghanistan bat first.

₹519.80 apiece on BSE. Kalyani Steels stock price touched an intraday high of ₹576.25 and an intraday low of ₹550.20.

Times of India report, tour operators have seen a noticeable decline in enquiries and a significant drop in prices for Maldives holiday packages despite multiple long weekends in January. The ToI report cited the example of Hyderabad, wherein a three-day package from Telangana's capital city to Maldives would cost between ₹55,000 and ₹70,000, now costs ₹45,000. Or even lower! The ToI report also said one-way flight tickets from here to Male are now going between ₹12,000 and ₹15,000, down from the previous average of ₹20,000.

₹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.

Polycab tanked 20% to the day's low of Rs 3930.55 in Thursday's trade after the Income Tax department detected «unaccounted cash sales» of about Rs 1,000 crore after it recently raided the Polycab group. «Unaccounted cash of more than Rs 4 crore was seized and more than 25 bank lockers were put on restraint after the searches were launched against the group on December 22 last year,» the Central Board of Direct Taxes (CBDT) said in a statement, according to a PTI report. It said a total of 50 premises in Mumbai, Pune, Aurangabad and Nashik in Maharashtra, Daman, Halol in Gujarat and Delhi were covered. The CBDT said a large number of «incriminating» evidence in the form of documents and digital data were seized during the raids. These reveal the «modus operandi of tax evasion» adopted by the group in connivance with some of authorised distributors, it said. Also Read | Tech growth woes pose risk to Dalal Street's sizzling rally «Credible evidences recovered during the search have established that the flagship company has made unaccounted cash sales of around Rs 1,000 crore which are not recorded in the books of accounts,» the CBDT claimed. Polycab India, however, issued a clarification to stock exchanges calling the reports of «tax evasion by the company» as «rumours». «Polycab India denies any rumours of tax evasion by the Company circulating in the media,» the company filing said, adding that «The company asserts its commitment to compliance and transparency, having fully cooperated with the Income Tax Department officials during the search proceedings in Dec 2023.