Wipro Q3 Results: Revenue up 3.8% even as profitability takes a hit
Wipro Q3 Results: Consolidated revenue rose 3.8% QoQ to ₹23,556 crore even as EBIT fell 5.1% QoQ to ₹3,491 crore.
SC ruling on Tiger Global shifts tax lens from documents to investment legitimacy
In a landmark ruling on Thursday, the Supreme Court of India ruled that Tiger Global is liable to pay capital gains tax on its 2018 exit from Flipkart. YourStory breaks down what it means and how it can impact past investments made from tax friendly jurisdictions.
Startup Funding
AI Video Startup Higgsfield Raises $130 Mn in Series A, Reports $200 Mn ARR
The new funding aims to improve its API and support global expansion in the advertising and marketing sectors. The post AI Video Startup Higgsfield Raises $130 Mn in Series A, Reports $200 Mn ARR appeared first on Analytics India Magazine.
Industry Trends
Wipro Q3 Results: Profit falls 7% YoY to Rs 3,119 crore; co declares dividend of Rs 6 per share
Wipro’s Q3 results showed mixed performance, with net profit down 7% YoY to Rs 3,119 crore even as revenue rose 6%. Margins improved to 17.6%, cash flows strengthened, and attrition fell, but deal bookings remained weak. The company guided for flat to 2% sequential IT services growth.
Salary / Compensation
Multibagger small-cap stock Silver Touch Technologies declares 1:5 stock split, 1:1 bonus issue
Silver Touch Technologies has announced a 1:5 stock split and a 1:1 bonus issue, subject to shareholder approval. The move follows a strong rally, aiming to improve liquidity and affordability without altering shareholder value.
Unemployment rate at 4.8% in December
Labour Force Participation Rate (LFPR) in the economy was 42.5% in December 2025, the highest in nine months. LFPR was 42.3% in November
Industry Trends
India Becomes World’s Second Largest 5G Base with 400M+ Users, Says Union Minister Jyotiraditya Scindia
India’s 5G ecosystem has hit a significant milestone with its subscriber base crossing 400 million 5G connections, according to Jyotiraditya Scindia, Union Minister of Communications and Development of North Eastern Region. The country is now the world’s second-largest subscriber base, following China, which has over one billion 5G users. India is closely followed by the US (350 million), the EU (250 million), and Japan (190 million).
Industry Trends
Average US long-term mortgage rate hits the lowest point in more than 3 years
The Fed doesn't set mortgage rates, but when it cuts its short-term rate that can signal lower inflation or slower economic growth ahead, which can drive investors to buy U.S. government bonds
Industry Trends
Amazon Great Republic Day Sale: Top Deals on Smartphones Under Rs. 50,000, Including Google Pixel 9a, OnePlus 15R
Amazon Great Republic Day Sale 2026, which went live earlier today, is offering discounts on various electronics, including smartphones, aptops, TVs, cameras, wireless speakers, truly wireless stereo (TWS) headsets, wearables, and smart home appliances. Phones under Rs. 50,000 from brands like, Samsung, OnePlus, Google, Pixel, iQOO, Realme, and Vivo, can be purchased from the e-commerce platform at instant discounts of 12.5 percent and 10 percent, depending on whether you have a Prime membership or not.
Industry Trends
Global bond index snub raises odds of RBI adding to record India debt buying, investors say
The unexpected deferral raises the probability of one more round of liquidity injection by the Reserve Bank of India in the current quarter, said Abhishek Upadhyay, senior economist at ICICI Securities Primary Dealership.
Industry Trends
Federal Bank Q3 Results: Profit rises 9% YoY to Rs 1,041 crore
Federal Bank announced a significant rise in its third-quarter net profit, reaching Rs 1,041 crore. This marks an improvement from the previous year's earnings. The bank's total income also saw an increase. Asset quality metrics showed positive movement with a reduction in gross and net non-performing assets.
Startup Funding
Sebi proposes introducing trade netting for large foreign investors
The Securities and Exchange Board of India has sought the changes "in order to enhance operational efficiency and reduce cost of funding" for foreign portfolio investors, it said in a consultation paper.