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Wipro reported a 7% year-on-year decline in net profit to ₹3,119 crore for the December quarter, even as revenue grew 6% to ₹23,556 crore. Despite soft deal bookings and continued pricing pressure, operating margins improved to 17.6%. The company announced an interim dividend of ₹6 per share, offering relief to investors amid cautious growth guidance for the next quarter.
Indian stock markets rallied strongly on January 16, 2026, with Sensex climbing over 700 points and Nifty reclaiming 25,800, driven by robust IT sector gains after Infosys posted Q3 results. Despite a 2% YoY net profit dip to ₹6,654 crore, revenue jumped 9% YoY to ₹45,479 crore, prompting Infosys to raise FY26 constant-currency growth guidance to 3-3.5% while holding operating margins at 20-22%.
A ₹890-crore redevelopment project at Chennai’s Tambaram railway station will double peak-hour passenger capacity from 13,500 to 28,750, add three platforms and four tracks (total 16), and include new foot overbridges.
India’s labour codes, effective November 2025, expand wage definitions, triggering one-time costs like higher gratuity and leave encashment for firms. TCS reports ₹2,128 crore and HCL ₹956 crore impacts in Q3 FY26, mainly from past service liabilities. Services sector faces the brunt with rising social security contributions, slightly cutting employee take-home pay if CTC holds steady.
HCL Technologies posted an 11% year-on-year decline in consolidated net profit to Rs.4,076 crore for the December 2025 quarter, down from Rs.4,591 crore last year. Operating revenue rose 13% YoY to Rs.33,872 crore, with sequential 6% growth. The company declared a Rs.12 per share interim dividend (record date Jan 16, payment Jan 27, 2026).
Tata Consultancy Services (TCS) reported a 14% year-on-year decline in consolidated net profit to Rs.10,657 crore for the December 2025 quarter, down from Rs.12,380 crore last year. Operating revenue grew 5% YoY to Rs.67,087 crore, with sequential 2% increase. AI services annualized revenue reached $1.8 billion (up 17.3% QoQ in constant currency), operating margin stayed stable at 25.2%, and total
Tamil Nadu Government has announced the Pongal 2026 gift package for over 2.22 crore ration card holders and Sri Lankan Tamil camp families, including 1 kg raw rice, 1 kg sugar, one full sugarcane, and Rs.3,000 cash per family. As of January 10 morning, Rs.3,348.59 crore cash has reached 1.11 crore families through 24,924 fair price shops using token system for smooth distribution. The cash amount
Thangamayil Jewellery evolved from a small Madurai-based family business in the 1970s into a leading Tamil Nadu retailer, listing publicly in 2010 with a INR 100 crore market cap that ballooned to INR 11,000 crore by 2025.
Thalapathy Vijay’s final film, Jana Nayagan, directed by H. Vinoth, has sold 2,73,460 advance tickets across 2,312 shows in India, grossing ₹7.28 crore (Tamil version dominant at ₹7.27 crore), with projections of ₹10.05 crore including blocked seats. It outperforms rival Parashakti by selling 131.83K vs. 10.3K tickets in the last 24 hours on BookMyShow.
Adani Enterprises launched a 1000 crore public non-convertible debenture issue, fully subscribed within hours, with 500 crore base issue quickly taken. The offering attracted significant non institutional, high-net-worth and retail investor participation, offering 2-, 3-, and 5-year tenures at rates up to 8.9% per annum. CARE AA- and ICRA AA- ratings supported the issue.
