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TCS Q3 revenue missed estimates but was largely in line with expectations, with no downgrades.

The introduction of AI is expected to further reduce these timelines, allowing for quicker processing of applications.

The DGGI had raised tax demands worth ₹1.12 lakh crore against 71 online gaming companies. Adding penalties, the tax demand could soar to ₹2.3 lakh crore.

The development on this land will focus on premium plotted residential units, offering an estimated saleable area of approximately 6.20 lakh square feet. The project is expected to generate a revenue potential of around ₹500 crore, as per current business…

However, Goldman Sachs did say in its note that IndusInd Bank’s valuations have corrected quite sharply as investors have shifted focus to the price-to-book multiples from price-to-earnings, owing to limited earnings visibility post its third quarter results.

The third quarter is expected to be weak for both IGL and MGL, but the fourth quarter of FY25 could see improvement, driven by the partial reinstatement of the APM allocation cut and potential price hikes. CGD companies could return…

CLSA’s price target implied a potential upside of over 40% from current levels for the state-run upstream oil explorer.

Quadrant Future Tek specialises in developing next-generation Train Control and Signalling Systems under the KAVACH project by Indian Railways.

Key downside risks for Reliance Industries include a lower-than-expected refining and chemical margins, lower-than-expected Average Revenue Per User (ARPU), lower-than-expected market share and margins in the retail business, project delays and higher future capex.

All 10 constituents of the Nifty IT index are now trading with gains post the TCS results.