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Infosys Q3 Results: Infosys reports a Q3 net profit of Rs 6,106 crore, down 7% YoY. Meanwhile, its Q3 revenue rose 1% to Rs 38,821 crore. The IT major revised revenue guidance for FY24 to 1.5%-2% in constant currency terms. It bagged $3.2 billion worth of large deals in Q3 and the attrition rate declined to 12.9%.

RC Bhargava, Chairman of Maruti Suzuki, explains that Maruti Suzuki has chosen Gujarat as the preferred state for expansion due to the established vendor base for car components and the potential for improved economies of scale and lower production costs. Additionally, the company aims to triple exports by the end of the decade, with Gujarat being a favorable location due to its proximity to a port. Bhargava also discusses the positive outlook for the Indian car market in 2024-2025.

​After the fake post comes the real thing. The long-mooted and eagerly anticipated exchange traded funds (ETFs) to track bitcoin got the official go-ahead at last, sending the crypto world into a celebratory mood at what it sees as a game-changer.

For the last image I.e the first slide

The Nifty Auto index closed 1.06 per cent up at 18755.1.

The market is now placed at the hurdle of a down-sloping trendline that connected recent lower highs at 21,725 level. Having shown a false downside breakout at 21,500 level on Wednesday, Nifty is expected to reach up to the upper trajectory of 21,750-21,850 levels in the near term.

At the beginning of the financial year, Infosys had guided for 4-7% growth in cc revenue for the current financial year. Within three months, this growth outlook saw a sharp cut to 1.0-3.5%, and then to 1.0-2.5% at the end of Q2. The revision in guidance this time was not something that the Street had widely expected.