Taste The Truth – Bite by Bite
The Microsoft layoff strategy now gives underperforming employees a choice. Microsoft’s new HR policy offers a 16-week severance payout through a Performance Improvement Plan (PIP), with a 5-day deadline to accept or leave. Those who opt for the PIP but fail lose the payout and face a two-year rehiring ban within the company. This follows…
The Syngene International results for Q4 FY25 show a mixed outcome. Net profit increased by 6% year-on-year to Rs 189 crore, despite an 8% revenue drop to Rs 917 crore. The revenue decline stems from lower demand in the US biotech sector due to funding challenges. However, the EBITDA margin improved to 36% from 33%,…
The HUL share price target 2025 faces scrutiny after Q4 FY25 results. HUL’s stock fell 3.1% to ₹2,348.6 as margins dropped to 22.8% from 23% last year, below the expected 23.1%. Revenue grew 2.4% to ₹15,213 crore, with a 2% volume rise, beating forecasts. Net profit hit ₹2,493 crore, aligning with estimates. Despite a final…
The LTI Mindtree share performance reflects a mixed Q4 FY25, with revenue dropping 0.7% in reported currency and 0.6% in constant currency. Growth slowed due to deal ramp-up delays and a concluded hitech client deal. Margins stayed flat, but order inflows grew 6% YoY to $5.9 billion, boosted by AI-led deals. The company, under new…
The Intel layoffs are set to impact over 21,000 employees, about 20% of the workforce, with an announcement expected this week. This follows 15,000 job cuts in August 2024. New CEO Lip-Bu Tan, who started late last year, aims to streamline management and prioritize engineering. Intel’s stock has plunged 67% over five years, and the…
Indian fintechs have transformed the BFSI sector, with their market cap soaring to over Rs 12 trillion. Back in 2005, they were barely around, but now stars like PhonePe (with 52% of UPI transactions), Paytm, Groww, and Zerodha are leading financial inclusion. The BFSI sector’s share in Nifty’s market cap jumped to 47% in 2025…
The IMF’s April 2025 World Economic Outlook reveals the impact of Trump’s tariffs on global growth, projecting a baseline of 2.8% for 2025, down 0.5% from January estimates. The US faces the steepest cut, with growth revised to 1.8% (down 0.9%), while China’s forecast drops to 4% (down 0.6%). India remains resilient at 6.2%, despite…
Cyient DLM reported an 18% YoY revenue growth to Rs 374 crore in Q4 FY25, driven by the Altek Electronics acquisition, but its core business fell 6%. The stock rose 4% to Rs 500.30 on April 23, 2025, despite a 25% YTD correction. Margins improved to 13.4%, but the order book dropped 12% to Rs…
Havells India Q4 FY25: 20% Revenue Growth, Margins Dip Slightly Havells India wrapped up FY25 with a robust Q4, reporting a 20.2% YoY revenue growth to Rs 6,543.6 crore, driven by strong demand for large appliances and cables. The Wires & Cables segment grew 21.2%, with cables outperforming wires, while Lloyd’s revenue surged 39.6% due…
Krafton Inc picks six studios for KIGI 2025, offering $150,000 funding each. Krafton Inc has selected six game studios—Kleanup Games, Advaita Interactive, Singular Scheme, Smash Head Studio, Unwind Games, and Ginger Games—for the second cohort of its Krafton India Gaming Incubator (KIGI) program. Each studio will receive up to $150,000 in funding, mentorship, and resources…