IT Companies May Report Surge in Q3 Revenue Growth
The New Indian Express Kozhikode|January 03, 2025
Though there will be seasonal furloughs, IT services firms are likely to perform better and will report improvement in growth momentum in the third quarter of this financial year.
UMA KANNAN @Bengaluru

Starting next week, IT firms will announce their December quarter results. The country's largest IT services firm Tata Consultancy Services will report its Q3 results on January 9 and the board will consider and approve the third interim dividend for FY25. The record date for dividend will be on January 17.

Emkay Global Financial Services in its research report said recovery in BFSI will aid growth, while weakness in manufacturing, mainly auto, is likely to weigh on growth.

This story is from the January 03, 2025 edition of The New Indian Express Kozhikode.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 03, 2025 edition of The New Indian Express Kozhikode.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE NEW INDIAN EXPRESS KOZHIKODEView All
The New Indian Express Kozhikode

NCLT Orders Liquidation of Go First

Airline becomes the second carrier in four months to face liquidation after Jet Airways

time-read
1 min  |
January 21, 2025
The New Indian Express Kozhikode

RBI Eases Settlement Guidelines for ARCs

THE Reserve Bank has provided a level playing field to asset reconstruction companies (ARCs) with banks and non-banking financial companies by easing norms for settling dues payable by borrowers.

time-read
1 min  |
January 21, 2025
The New Indian Express Kozhikode

5 Cops Held Responsible for Badlapur 'Fake' Encounter

A magistrate's inquiry has held five Maharashtra policemen responsible for the custodial death of Akshay Shinde, the accused in the Badlapur school sexual assault case, raising doubt on police claims that the accused opened fire and was killed in retaliatory firing in September last year.

time-read
1 min  |
January 21, 2025
The New Indian Express Kozhikode

5.2K birds of 117 species in Uttarakhand's Asan wetland

IN a significant citizen science effort, a bird counting campaign at the Asan Wetland in Dehradun district of Uttarakhand has yielded impressive results, with volunteers identifying 5,225 birds across 117 different species.

time-read
2 mins  |
January 21, 2025
The New Indian Express Kozhikode

Govt Selects 24 Cos Under PLI Scheme For White Goods

The government has selected 24 companies under the third round of the production-linked incentive (PLI) scheme for white goods.

time-read
1 min  |
January 21, 2025
The New Indian Express Kozhikode

Iranian Court Hands Death Sentence to Popular Singer for Blasphemy

An Iranian court has sentenced popular singer Amir Hossein Maghsoudloo, known as Tataloo, to death on appeal after he was convicted of blasphemy, local media reported on Sunday.

time-read
1 min  |
January 21, 2025
The New Indian Express Kozhikode

Tax sops likely for brownfield projects

FACED with slow uptake in private investment, the government may announce some tax sops in the Budget this year for encouraging new investments by companies.

time-read
1 min  |
January 21, 2025
The New Indian Express Kozhikode

La Liga: Real beat Las Palmas 4-1

WITH Kylian Mbappe putting on a show again, Real Madrid returned to the top of the Spanish league.

time-read
1 min  |
January 21, 2025
The New Indian Express Kozhikode

Dalits not duly represented in higher judiciary

Justice (R) C T Ravikumar, who became the fourth Dalit judge to be elevated to the Supreme Court, retired on January 5 after serving three years in the top court.

time-read
2 mins  |
January 21, 2025
The New Indian Express Kozhikode

SA20: Sunrisers enter play-offs

SUNRISERS Eastern Cape defeated Durban Super Giants by six wickets to enter the playoffs of the SA20 here.

time-read
1 min  |
January 21, 2025