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Oct 16 (Reuters) — Indian shares are likely to open higher on Friday, extending their recovery from the previous session, as a drop in US Treasury yields and changes to the closing auction session by the local markets regulator support sentiment. GIFT Nifty futures were at 23,082 at 7:52 a.m. IST, indicating a positive
(Adds details paragraph 4 onwards) Oct 15 (Reuters) — India's Tech Mahindra on Thursday beat second-quarter revenue expectations, helped by steady growth in its manufacturing and communications verticals and a weak rupee. The IT services company also said it would issue bonus shares worth up to 4.9 billion rupees, the
(Additional details, forecast from paragraph 3) BENGALURU, Oct 15 (Reuters) — Wipro, India's fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue streams. The company's conso
BENGALURU, Oct 15 (Reuters) — Wipro, India's fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue streams. The company's consolidated revenue rose 9.1% to 247.53 billion rupe