U.S. Leading Indicators Show Economic Clouds Gathering
The Leading Economic Index, or LEI, published Monday by research group The Conference Board, declined 0.3% to 98.8 in June, a stronger fall than the 0.2% expected by a consensus of economists polled by The Wall Street Journal. It followed an unchanged reading in May that was revised upward from the 0.1% downtick originally reported.
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Yahoo
6 minutes ago
- Yahoo
Industry-focused Specialist IT/ITES Firm eClerx Delivers Strong Q1 FY26 Performance
Revenue from operations increased to INR 934.6 crore in Q1FY25-26 as compared with INR 781.9 crore reported in Q1 FY24-25, up 19.5% YoY Revenue from operations grew to USD 109.2 million in Q1 FY25-26 in US Dollar terms, translating to a 17.1% increase over USD 93.3 million in Q1 FY24-25 Net profit came in at INR 141.7 crore for Q1 FY25-26 as against INR 111.6 crore in the year ago period, net profit margin for the quarter stood at 15.0% versus 13.9% in Q1 FY24-25 MUMBAI, India, July 25, 2025--(BUSINESS WIRE)--Mumbai-based specialist IT/ITES firm eClerx Services Ltd. has delivered robust results for the quarter ending 30th June 2025. The company reported a sequential and Y-o-Y growth in revenue numbers. Key highlights: Consolidated financial results reported for the quarter ended June 30, 2025 eClerx's consolidated revenue came in at INR 945.1 crore in Q1 FY2025-26 as compared to INR 803.1 crore in Q1 FY2024-25; increasing by 17.7% on a YoY basis. In U.S. Dollar terms, the company's operational revenue stood at USD 109.2 million versus USD 93.3 million in the corresponding period of the previous financial year, amounting to a 17.1% YoY growth. The company demonstrated strong margin performance; with earnings before interest, taxes, depreciation, and amortisation (EBITDA) increasing to INR 234.6 crore from INR 187.3 crore in Q1 FY24-25, amounting to a 25.3% YoY growth. For Q1 FY25-26, eClerx recorded a net profit of INR 141.7 crore, a 26.9% YoY growth over INR 111.6 crore reported in Q1 FY24-25. Basic earnings per share (EPS) for Q1 FY25-26 climbed to INR 30.16 from INR 23.13 in Q1 FY24-25 while Diluted EPS was at INR 29.64, up from INR 22.72 in the year ago period. The company also reported strong addition to headcount; with total delivery headcount of 20,261 in Q1 FY25-26, a 15.0% increase over the Q1 FY24-25 headcount of 17,624. Commenting on the company's financial performance in Q1 FY 2025-26, Mr. Kapil Jain, Managing Director and Group CEO at eClerx remarked, "Despite an uncertain macroeconomic environment, we delivered strong performance on both the revenue and margin front. Our pipeline remains healthy, and we continue to see momentum in deal pursuits and cross-sell initiatives. Our domain-centric approach and investment in productized services continue to resonate with clients." The Mumbai-based firm counts many Fortune 2000 companies amongst its list of clients. The company has been expanding its delivery footprint and has opened a delivery centre in Cairo in this quarter. The company has also continued with its trend of winning awards and investing in employee learning and development initiatives, notable examples of which are mentioned below. Key developments, initiatives and recognitions eClerx has been honored with the prestigious Financial Express CFO Award (FE CFO) in the Medium Enterprises Segment; underscoring the company's commitment to financial discipline, risk management, and sustainable growth eClerx's Chief Technology Officer, Mr. Sanjay Kukreja, has been honored as The Evangelist 100 by the Chief Security Officer Awards (CSO100) by Foundry (an IDG, Inc. Company) for his outstanding leadership in driving technology transformation and fortifying cybersecurity strategy About 8000 employees have been upskilled on Generative AI in partnership with the Technical University of Munich (TUM). TUM is a top ranked university in computer science and engineering. eClerx are also upskilling the entire technology team on GitHub Co-pilot in line with the CTO's vision to drive 25% productivity gain by leveraging AI code generation tools. About eClerx Services Ltd. eClerx provides business process management, automation and analytics services to a number of Fortune 2000 enterprises, including some of the world's leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure and technology companies. Incorporated in 2000, eClerx is today traded on both the Bombay and National Stock Exchanges of India. The firm employs about 20,400 people across Australia, Canada, Germany, India, Italy, Netherlands, Philippines, Singapore, Dubai, Thailand, Peru, UK and the USA. For more information, visit Disclaimer: Certain statements made in this release concerning our future growth prospects may be interpreted as forward-looking statements, which involve a number of risks and uncertainties that could cause the actual results to differ materially from those in such forward looking statements. Investors are requested to use their discretion in relying on them. We do not undertake to update any forward-looking statements that may be made from time to time. View source version on Contacts Srinivasan NadadhureClerx Services Sign in to access your portfolio


CNN
8 minutes ago
- CNN
Arizona woman sentenced in North Korean tech worker scheme
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Associated Press
8 minutes ago
- Associated Press
Deepcoin Crypto Futures Data Now Available On TradingView
GRAND CAYMAN, Cayman Islands, July 25, 2025 /PRNewswire/ -- Deepcoin announces futures data integration with TradingView, the world's most popular charting platform and social network for traders and investors, which allows users to access real-time pricing, trading volume, and market depth directly within the platform. By leveraging TradingView's powerful technical indicators and charting tools, users can conduct more comprehensive market analyses and make better-informed trading decisions with greater ease and efficiency. Through TradingView, users can apply over 400 built-in technical indicators—including MACD, RSI, Bollinger Bands, and more—along with drawing tools like trendlines, Fibonacci retracements, and pattern recognition to refine their strategies and improve execution accuracy. TradingView is the go-to platform for over 100 million active users worldwide across equities, forex, and crypto markets. Known for its powerful charting tools, customizable indicators, strategy editor, and webhook API, TradingView empowers traders to build, backtest, and deploy strategies with precision and confidence. Key Highlights of This Integration: How to Access Deepcoin Contract Data on TradingView: By following these steps, users can easily access Deepcoin's real-time market data on TradingView and take full advantage of its powerful analysis tools to optimize trading decisions. Ego, Founder and CEO of Deepcoin, commented: 'TradingView is one of the most popular trading analysis platforms in the world. This deep data integration marks an important milestone in Deepcoin's global ecosystem expansion. We are committed to continuously delivering better trading products to our users. By enhancing the synergy between tools, data, and trading, we aim to provide the most advanced decision-support experience possible. We look forward to seeing more users unlock their strategic potential and make sharper trading decisions through this integration.' Moving forward, Deepcoin will continue to expand its global partner network and collaborate with leading platforms worldwide to enhance the trading experience—building a smarter, faster, more transparent, and user-centric trading ecosystem. About Deepcoin Deepcoin is a leading cryptocurrency exchange that is committed to providing users with a secure, efficient, and innovative trading experience and is known for its relentless innovation and long-term value proposition. Founded in 2019 by industry veterans and former executives of renowned companies, Deepcoin has amassed over 10 million registered users across 30 countries, facilitating a cumulative trading volume exceeding US $1 trillion. Having broad support for global fiat currency deposits, Deepcoin enables direct purchases of major cryptocurrencies and offers a range of trading options for over 100 cryptocurrencies. Its user-friendly platform includes spot trading, perpetual contracts, inverse perpetual contracts, and DeFi financial management savings, and it is backed by 24/7 multilingual customer support, empowering individuals and institutions to navigate the digital asset market with confidence and ease. Deepcoin continues to redefine the crypto trading landscape, delivering unparalleled innovation and exceptional user experiences. Website | Twitter | Telegram View original content: SOURCE Deepcoin