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Indias HDFC Bank beats January-March profit forecasts

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MUMBAI, April 19 (Reuters) – India’s HDFC Bank beat analysts’ forecasts for January-March profits on Saturday, helped by higher net interest income and improving asset quality. The country’s biggest private lender posted standalone net profit of 176.16 billion rupees ($2.06 billion) for the financial fourth quarter, up from 167.36 billion rupees in the previous three…

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Wipro ADR drops 3% on NYSE after IT major forecasts weak Q1 revenue amid global uncertainty on Trump tariffs

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Wipro on Wednesday forecast a sequential decline in first-quarter revenue, joining bigger rival TCS in flagging demand uncertainties across India’s $283 billion IT sector as shifting tariffs upend global industries and client decision-making. Wipro ADR last dropped 3.19 per cent to $2.73 on the American stock exchange U.S.-listed shares of India’s fourth-largest IT services firm…

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