Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Shares of IT services major HCL Technologies zoomed over 9 per cent in early trade on Monday after the company said its revenue and operating margin for the September quarter is expected to be “meaningfully better” than the top end of its previous forecast.
The stock jumped 9.28 per cent to ₹789.35 on the BSE.
At the NSE, it zoomed 8.61 per cent to ₹783.85 -- its one year high.
The company expects its revenue growth in constant currency terms to exceed 3.5 per cent quarter-on-quarter (Q-o-Q) for the July-September 2020 period, according to a regulatory filing.
Providing a mid-quarter update, HCL Technologies said it expects its revenue and operating margin for the current quarter to be meaningfully better than the top end of its guidance given in July.
“We have seen strong execution during the quarter to date, and continue to execute to the plan this month,” it said.
HCL Technologies said its sequential revenue growth for the current quarter in constant currency terms is expected to exceed 3.5 per cent, enabled by broad-based momentum across all service lines, verticals and geographies.
In July, while reporting its financial performance for the June 2020 quarter, HCL Technologies had said it expects its revenue to increase Q-o-Q by an average of 1.5 per cent to 2.5 per cent in constant currency for the next three quarters.
Also, it had guided for its operating margin to be between 19.5 per cent and 20.5 per cent for FY’21.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
With initial public offerings galore, we give you a cheat sheet to score some good grades
Biggest risk in selling funds in a rising scenario is exiting early and missing out on further gains
Go for a standard vector-borne diseases policy if you don’t have a regular health plan
No credit risk is an attraction, but note the nuances
With the public looking beyond mainstream media for reports from the ground, independent digital platforms are ...
Salty, buttery, cheese coated or with maple syrup and bacon — popcorn is lending its adaptable self to gourmet ...
A toast to a traditional drip irrigation system still going strong in the Northeast
Raza Mir’s ‘Murder at the Mushaira’ works well as a historical novel that captures the sunset years of the ...
Its name is the starting point of a brand’s journey and can make a big difference in the success sweepstakes
Sober spirits are the in thing
A peek into where ad spends went last year and where they are headed tomorrow
Can Swiggy Instamart disrupt the ecommerce groceries space, currently ruled by the Amazons and Big Baskets? ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor