IT sector’s Q3 results show a positive start, with TCS and HCL Technologies exceeding revenue and profit expectations. HCL Tech recorded a nine-quarter high in new order bookings, while TCS maintained strong deal flow. Despite sustained new deals, TCS faces a revenue growth deceleration, raising concerns about deal ramp-up amid client delays.
Hero MotoCorp shares rise 3% as firm unveils India’s first 100cc flex-fuel motorcycles. Check details
Hero MotoCorp shares gained 3%, after launching India’s first flex-fuel motorcycles, the Splendor+ and HF Deluxe, supporting sustainable mobility and India’s transition to cleaner fuels.