Mphasis also said its deal pipeline reached a record level, growing 8% sequentially and 28% year-on-year, with both a healthy backlog and shorter-duration deals expected to support future revenue growth.
Another highlight for the quarter was the recovery in Intel’s gross margins, which stood at 42%, way higher than the 2.5% it reported during the year ago quarter. Benefits of scale with more revenue and higher prices of chips were…
Tesla shares fell 14.5% to close at their lowest level since March 2025, while Alphabet, the Google-parent, fell 7%. Both stocks fell after their respective earnings failed to cheer the street.
Shares of Orient Cement Ltd ended at ₹133.85, down by ₹3.10, or 2.26%, on the BSE.
Shares of Railtel Corporation of India Ltd ended at ₹289.50, down by ₹0.50, or 289.50%, on the BSE.
Shares of Aurobindo Pharma Ltd ended at ₹1,526.60, down by ₹6.35, or 0.41%, on the BSE.
Markets regulator Sebi on Thursday revised the security transmission framework by introducing a new fasttrack mechanism for lowvalue claims and standardising documentation requirements to make the process efficient and investorfriendly.
The Securities and Exchange Board of India (SEBI) has invited public comments on the proposals till August 13.
The IT services company has launched Nuuron, an AI operating system that brings together its existing AI platforms into a single enterprise layer to help businesses integrate data, workflows and decision-making. Coforge will deploy the platform through engineers embedded with…
Shares of Meesho Ltd ended at ₹188.40, down by ₹1.35, or 0.71%, on the BSE.