Infosys Q1 net profit jumps 11% to Rs 5,945 crore; Fresh layoffs begin at Dunzo

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Key Points

Infosys capped the earnings season for Indias Big Four IT firms with a robust rise in net profit for the first quarter of FY24..

While attrition levels at the software exporter cooled off, it sharply cut its revenue growth guidance for the full year citing a slowdown in business amid global macroeconomic headwinds..

Indias second-largest software services exporter Infosys posted a double-digit growth of 11% in its net profit for the first quarter (Q1) of FY24 at Rs 5,945 crore..

Hulu has roughly 30 million subscribers who pay for its ad-supported tier.. 6 million new subscribers: In its quarterly report, Netflix disclosed the addition of nearly 6 million subscribers since its crackdown on password sharing in May..

The panel might recommend a separate law for digital competition due to Indias rapidly growing market and the significant influence large players can have on fair trade rules across various sectors, extending beyond the digital sector...

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