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This Article is From Nov 02, 2023

Top Six Business And Market Stories Of The Day You Can't Miss — Nov. 2

Important news, must-read stories on BQ Prime on Thursday.

Top Six Business And Market Stories Of The Day You Can't Miss — Nov. 2
(Source: Canva/ Representational)

Dabur Q2 Results: Profit Rises 3.3%, Margin Beats Estimates

The rise in profit, however, remained subdued due to deficient monsoon, mild summer and shift in festive season to Q3.

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(Source: Meta/Logo)

Cognizant Tempers Guidance In Another Sign Of IT Slowdown

Cognizant expects its revenue to decline by up to 3.1% to $4.69–4.82 billion in October–December quarter.

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(Source: Meta/Logo)

L&T Chose Fabless Chip Design As It's Not Balance-Sheet Intensive, Says CFO

L&T will invest up to $100 million over a three-year period to design 40-nanometer semiconductor chips, he said.

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(Source: Canva/ Representational)

Tata Motors Q2 Results: Reports Profit For The Fourth Straight Quarter

Tata Motors' Q2 revenue rose 32% to Rs 1,05,128 crore as against an estimate of Rs 1,08,110 crore.

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(Source: Tata Motors/Meta)

Adani Power Q2 Results: Net Profit Rises Over Ninefold On One-Time Gain, Higher Sales

Net profit rose to Rs 6,594 crore from Rs 696 crore a year ago.

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The Adani Group logo is seen on the facade of one of its buildings.(Source: Amit Dave/Reuters)

Godrej Properties Q2 Results: Profit Rises 8%, Misses Estimates

Revenue from operations rose to Rs 343 crore vs Rs 165 crore in the year-ago period.

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(Source: Canva/ Representational)

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