Tech Mahindra Reports 46.8% Surge in Q2 Net Profit

Tech Mahindra just dropped some impressive numbers for Q2, with net profit soaring 46.8% to ₹1250 crore and revenue up 2.4% to ₹13,313 crore. They scored big with deal wins hitting $603 million and are all about building solid client relationships and nailing operational excellence as they gear up for their FY27 goals.

By Vishal Kumar

Investment Bankers Celebrate Record Fees from Hyundai’s IPO

Hyundai Motor India's IPO has netted a staggering ₹493 crore in fees for investment bankers, marking it as the biggest in India’s history. Initially, it was a bit muted, but institutional investors jumped in, pushing the final subscription to 2.37x. So far this year, bankers have pulled in ₹2,100 crore from IPOs, a massive leap from last year’s earnings.

By Vishal Kumar

Geojit Financial Sees Profit Surge: 53% Increase in Q2 PAT

Geojit Financial Services Ltd is celebrating a huge 53% jump in its profit after tax (PAT) for Q2 of FY25, reaching ₹57.42 crore, up from ₹37.48 crore in Q2 of FY24. Their consolidated revenue has also taken a big leap, showing solid growth across key financial metrics.

By Vishal Kumar

Infosys Posts ₹40,986 Crore Revenue, Signals Strong Growth Ahead

Infosys released its quarterly revenue numbers, hitting ₹40,986 crore, which is a 3.8% bump from last quarter. The IT powerhouse has also upped its FY25 revenue growth outlook to 3.75-4.5%. While net profit saw a 2.2% increase, the company is finding opportunities in markets like the Middle East and Japan, even as some sectors face challenges.

By Vishal Kumar

Are India’s Airports on Waqf Property?

Badruddin Ajmal, the AIUDF chief, has sparked some serious buzz by claiming that the Parliament and several spots in Delhi are built on Waqf land. His comments got Union Minister Kiren Rijiju fired up, who stressed the importance of safeguarding Waqf properties for the community's benefit, especially as the Waqf (Amendment) Bill is up for debate.

By Vishal Kumar

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