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Reuters - Business - News Image
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11
BusinessApr 06, 2026 02:05 PM

Indian IT firms face subdued fourth quarter as war, AI concerns persist; weak rupee helps earnings

BENGALURU, April 6 (Reuters) - Top Indian information technology firms are set to report another lacklustre quarter, with revenue and profit seen rising around 10% year-on-year largely on a weaker rupee rather than underlying growth, seven brokerages said. Uncertainties due to wars, weak discretionary spending and concerns around artificial intelligence will keep weighing on client budgets, making the revenue forecast for the next fiscal year a key focus for investors, they added. Tata Consult ...Read More >

Unknown Source - Business - News Image
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20
BusinessAug 06, 2025 07:11 PM

Indexes end lower as investors consider tariff impact on company results

NEW YORK, Aug 5 (Reuters) - U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands (YUM.N), opens new tab and other companies cited trade duties in their results or outlooks. In addition, U.S. President Donald Trump said the U.S. could impose a "small tariff" on pharmaceutical imports before increasing the rate subsequently. He also signaled an announcement on tariffs on semiconductors and chips in the "next week or so." Shares of KFC parent Yum Brands ( ...Read More >

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