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India's second largest software exporter also narrowed its revenue estimates for the fiscal year by lifting the lower end of the growth guidance, to 2-3% from 1-3% in constant currency, which excludes the impact of currency movements. This is a further improvement from the previous quarter, when it tweaked the outlook from the earlier 0-3% growth. It retained the operating margin guidance of 20-22%. Infosys on Thursday beat analyst estimates with a 13.2% year-on-year and 6.4% sequential increas ...Read More >
Bengaluru (Karnataka) [India], October 16: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $5,076 million in Q2 revenues, year on year growth of 2.9 and sequential growth of 2.2 in constant currency. Operating margin was at 21.0. Free cash flow generation was strong at $1.1 billion, 131.1 of net profit. TCV of large deal wins was $3.1 billion, with net new of 67. Employee headcount increased by 8,203. Second consecutive ...Read More >
Hyderabad: Some parts of Hyderabad will face temporary power cuts on Saturday, July 19, as maintenance work, pruning of trees and removal of tree branches, and feeder repairs are being conducted by the electricity department. In Banjara Hills and Jubilee Hills zones, power will be cut between 10 am and 1 pm under the 11 KV Vedam, Vaishnavi Residency, Krishna Nagar C-Block, and Jubilee Hills PEI underground feeders. Another cut is being planned between 2 pm to 5 pm in regions under the 11 KV Pat ...Read More >
Mathura, July 19 (UNI) Six people died and two others are in critical condition after a car overturned when it was hit by an unknown vehicle on the Yamuna Expressway in Mathura. The car occupants were going from Delhi to Agra. The accident happened in the Baldev police station area early Saturday morning, police said. After the accident, passersby informed the police. As soon as the information was received, the police reached the spot, rescued the occupants from the car, and sent them to the ...Read More >
NEW DELHI: EET Fuels, the trading name of Essar Oil (UK, has secured fresh round of funding of $350 million through a combination of a new bank financing and upsizing of existing trade credit, the company said on Tuesday. The new facilities secured consists of a $150 million facility with African Export-Import Bank (Afreximbank), the Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. Upsizing of the previously reported $300 million tra ...Read More >
New Delhi, Jan 14 (PTI) EET Fuel, the trading name of Essar Oil (UK) Ltd, on Tuesday announced securing USD 350 million finance as investors reposed confidence in its decarbonisation strategy and market positioning. The firm secured USD 350 million through a combination of new financing by African Export-Import Bank (Afreximbank) and upsizing extension of existing crude facility, it said in a statement. Also Read | What Are QR Code Scams? How Can You Spot Fake QR Code and Be Safe From Scammers ...Read More >
New Delhi, Jan 14 (PTI) EET Fuel, the trading name of Essar Oil (UK) Ltd, on Tuesday announced securing USD 350 million finance as investors reposed confidence in its decarbonisation strategy and market positioning. The firm secured USD 350 million through a combination of new financing by African Export-Import Bank (Afreximbank) and upsizing extension of existing crude facility, it said in a statement. EET Fuels, which owns and operates the UK's Stanlow refinery, is investing USD 1.2 billion ...Read More >
CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced receipt of all remaining regulatory clearances required to complete its proposal to acquire all issued and outstanding shares of Marel hf. ( ICL (TASE:ICL): Marel). On November 26, 2024, the European Commission (E.C.) adopted a clearance decision at the end of its Phase 1 review period. Additionally, on November 22, 2024, ...Read More >
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