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Warner Chappell Music launches direct publishing operations in India; Jay Mehta to lead unified WMG strategy
Warner Chappell Music has launched direct operations in India, shifting from sub-publishing to a full-scale local presence. This move aims to provide Indian songwriters enhanced access to WCM's global network and rights management systems amidst India's rapidly expanding music economy. Jay Mehta will lead the new division, overseeing both recorded music and publishing across India and neighboring South Asian markets.
Persistent Systems shares shed over 4% after Q4 results: Here's what Nomura and other brokerages said
Persistent Systems shares fell up to 4% after Q4 results despite reporting strong earnings growth. Net profit rose nearly 34% YoY to Rs 529 crore for the March quarter, while FY26 profit climbed over 33% to Rs 1,865 crore. However, some brokerages cut estimates, weighing on sentiment and dragging the stock lower.
Persistent Systems shares fall up to 5% after analysts cut targets citing rich valuations
Persistent Systems now expects to achieve a $2 billion annualised revenue run-rate by Q4FY27, while guiding for EBIT margins in the 16-17% range over the next two years.
Stock Crash: Cochlear Implant systems developer stock tanks 40% on profit guidance cut
The sharp in earnings projections for the new year has resulted in the stock taking a 40% plunge on Wednesday, marking the biggest single day fall since its IPO back in 1995.
Stocks to Watch for April 22: HCLTech, Persistent systems, Trent, Tata Elxsi and more
From HCLTech reporting Q4FY26 results and declaring a ₹24 interim dividend to Tata Elxsi posting strong sequential growth, here are stocks to watch ahead of Wednesday’s session, including BEML, Trent, JSW Energy and more.
Persistent Systems Q4 net profit at ₹529 crore misses estimates; declares ₹18 dividend
Shares of Persistent Systems Ltd ended at ₹5,369.00, up by ₹46.80, or 0.88%, on the BSE.
RateGain partners Easebuzz to enable UPI, local payments on RG Pay
RateGain partners with Easebuzz to integrate local payment options into RG Pay for Indian travel firms, aiming to boost bookings by helping travel brands align their checkout experience with local payment behaviour, driven by real-time systems like UPI.
Titagarh Rail Systems arm launches fourth diving support craft A23 for Indian Navy
On Friday (April 17), shares of Titagarh Rail Systems Ltd ended at ₹742.00, up ₹4.80, or 0.65%, on the BSE.
Stifel raises Comfort Systems stock price target on data center strength - Investing.com India
Stifel raises Comfort Systems stock price target on data center strengthInvesting.com India
What India’s top fixed income CIOs are saying about access, liquidity and yields
India’s bond market is evolving with stronger systems, clearer pricing, and wider access. Experts say participation now depends more on investor understanding than market limitations.
Bosch gets pumped up with group company acquisition. Can it drive a valuation re-rating?
Bosch Ltd's shares surged nearly 30% in April after a low in March. The planned acquisition of Bosch Chassis Systems India is expected to enhance its offerings and improve EPS. The deal, valued at ₹9,069 crore, is funded through internal accruals, maintaining Bosch's debt-free status.
RailTel shares extend winning run to fourth session, hit two-month high; surge 40% in April
RailTel Corporation's shares rose 5% to ₹353, marking a four-day gain of 25.31%. This increase is fueled by positive sentiment and significant order wins, including a ₹564.54 crore contract for tunnel communication systems, despite a recent order withdrawal worth ₹17.12 crore.