The company’s consolidated losses in the December quarter widened to ₹799 crore compared to ₹574 crore a year ago, and revenue from operations was at ₹3,993 crore, a 31% yearly increase.
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.
Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee
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