L&T Infotech posts 10% fall in Q2 profit

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L&T Infotech posts 10% fall in Q2 profit

Larsen & Toubro Infotech (LTI) reported a 10 per cent fall in net profit at Rs 360.4 crore for the quarter ended September 30, as wage hikes hurt the bottom line. The Mumbai-based company’s revenue rose 10.3 per cent to Rs 2,570 crore, helped by some large …
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Tesla Model 3 sees a price increase, but base car gets more range

Prepare to cough up another $500 for the Standard Range Plus. Nick Miotke/Roadshow. Thursday brought a surprise for those kicking the tires on a Tesla Model 3. The cheapest car available for order on the online configurator (the long-promised $35,000 car …
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US, International Groups Move in Tandem On Goodwill Accounting

U.S. and international accounting rules for the intangible assets that roiled the financials at Kraft Heinz Co. need to stay the same, the chiefs of the
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The Takeaway

A new report has found that for women climbing the corporate ladder, barriers begin at the management level — it is not just concentrated in the “glass ceiling.” The “glass ceiling” women hit later in their careers is the invisible barrier that keeps them out of top …
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Billionaire Ken Fisher's Firm Loses Nearly $1 Billion After Crass Remarks- Much More Is On The Line

Billionaire Ken Fisher’s money management firm has been fired by three clients, representing over $900 million in client assets, since the CEO’s crass remarks at an exclusive industry conference on Tuesday, October 8. The City of Boston’s retirement board is …
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