Of the three top-rung IT exporters that have so far declared results for the September quarter, TCS and Wipro reported 4% and 4.1% sequential growth, respectively, in the dollar-denominated revenues while HCL Tech’s growth rate was marginally lower at 3.8%.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.