The technology sector continued to dominate market discussions this week as investors brace for a flurry of updates from top IT firms. TCS will kick off the earnings calendar, followed by management commentary and subsequent market reactions later in the week. Speaking to ET Now, Pankaj Pandey, Head Research, ICICIdirect.com highlighted that the IT index … Read more
Arvind Fashion Ltd, which sells fashion brands such as Arrow, Calvin Klein, and Tommy Hilfiger in India, reported a sharp decline of 192% on a year-on-year (yoy) basis in standalone net loss at Rs17 crore for its fourth quarter ending March, but with a revenue growth of 13.7% yoy at Rs150 crore for the same … Read more
Shailesh Chaturvedi, MD & CEO, Arvind Fashions, says “the markets are behaving the way they were behaving in Q3 and we hope that we will continue to grow our offline channel at close to 10% growth. We have done a destocking in our B2B online wholesale business and that has led to a one-time sales … Read more