Hritam Mukherjee

2 months ago | gurutrade.com | Manvi Pant |Hritam Mukherjee |Shailesh Kuber

Jan 31 (Reuters) - India's Oil and Natural Gas Corp (ONGC) reported a third-quarter profit miss on Friday, as buoyant fuel demand failed to cushion the explorer from lower crude realisations. The state-owned firm's standalone profit fell 17% to 82.40 billion rupees ($952 million) in the October-December period, and came far below analysts' average expectation of 179.31 billion rupees. Standalone earnings exclude profit from its joint ventures and operations outside the country.

2 months ago | gurutrade.com | Chris Thomas |Hritam Mukherjee |Janane Venkatraman

Jan 27 (Reuters) - UltraTech Cement, India's top cement producer by capacity, is in advanced talks with German firm Heidelberg <HEIG.DE> to acquire its local business, Moneycontrol reported on Monday, citing people familiar with the matter. Executives from the Aditya Birla Group, UltraTech's parent, met Heidelberg management to discuss the acquisition of HeidelbergCement India, the report said citing sources. The report did not specify the value of the deal.

Jan 23, 2025 | today.westlaw.com | Hritam Mukherjee |Sonia Cheema |Nandan Mandayam |Janane Venkatraman

(Reuters) -Uber said it does not set ride prices based on a user's phone model, shortly after an Indian government body alleged that the ride-hailing giant and its domestic rival Ola use differential pricing for Android and Apple phones.

Jan 17, 2025 | ca.finance.yahoo.com | Haripriya Suresh |Hritam Mukherjee |Sai Ishwarbharath B

MUMBAI/BENGALURU (Reuters) -Indian software services provider Tech Mahindra's chief executive expects 2025 to be better than last year, after subdued demand in its mainstay telecom segment led to an earnings miss in the third quarter. Companies in the $245-billion Indian IT sector have been grappling with clients cutting back on discretionary spending for several quarters amid uncertainties in the economy and higher borrowing costs.

Jan 16, 2025 | streetinsider.com | Sai Ishwarbharath B |Hritam Mukherjee |Haripriya Suresh

By Sai Ishwarbharath B, Hritam Mukherjee and Haripriya Suresh BENGALURU (Reuters) -India's No.2 software-services exporter Infosys raised its annual revenue forecast for the third time this financial year on Thursday as its U.S. banking and retail clients warmed up to spending more on discretionary projects.