L&T Finance Ltd. Records Consol. Profit After Tax at Rs. 2,007 Cr for 9 Months Ended Dec. 31, 2024, A Growth of 14 percent Over 9 Months Ended Dec. 31, 2023

L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded a consolidated Profit After Tax (PAT) at Rs. 2,007 Crore for the nine months ended December 31, 2024, a growth of 14% over nine months ended December 31, 2023. The consolidated PAT for the third quarter ended December 31, […]

Tech hiring slump: Top 5 IT companies see headcount drop by 2,600 in Dec quarter

BENGALURU: India’s $254-billion IT sector has witnessed a structural shift in its operational model while navigating evolving technological landscapes. This demonstrated a departure from the conventional barometer of relying on headcount-linked growth as low-to-medium complexity tasks get automated.In the Dec quarter, the top five Indian IT firms saw a collective net headcount reduction, which stood […]

Jujutsu Kaisen, Solo Leveling, Dandadan, Demon Slayer and more named as top adult graphic novels: Dec 2024

Fans’ love for anime titles like Jujutsu Kaisen, Demon Slayer, Solo Leveling, One Piece, Dragon Ball, Dandadan and Chainsaw Man, among others, has inevitably helped expand the market for their source manga texts. Multiple volumes of Jujutsu Kaisen, Solo Leveling and Dandadan ranked on the top 20 bestselling adult graphic novel’s list by Bookscan. On […]

TechM’s revenue rises 1% in Dec qtr

BENGALURU: Tech Mahindra’s revenue grew by 1.3% year-on-year in constant currency in the Dec quarter. Its revenue rose by 1.2% sequentially. “We see an improved rate of deal wins in our key verticals and prioritised markets. This, coupled with consistent expansion in operating margins, despite cross-currency headwinds during the quarter, reaffirms that we are on […]

Trade deficit at 3-month low in Dec

NEW DELHI: Trade deficit narrowed to a three-month low of $22 billion in Dec as exports contracted 1% to $38 billion, while imports grew almost 5% to $60 billion.The fall in goods exports in Dec was mainly due to low prices of petrol and diesel, which resulted in oil product exports falling 28% to $4.9 […]