Domestic stock indices are likely to open higher on Friday, tracking positive global cues. Asian stocks were trading mostly higher in early trade after the US inflation data. Back home,…
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Global stocks rise, dollar stumbles after US inflation data
A gauge of global stocks climbed on Thursday while longer-dated US Treasury yields and the dollar fell after a reading of consumer prices fed expectations the Federal Reserve may have…
PVR-INOX merger gets NCLT nod
Multiplex operators PVR and INOX on Thursday received approval from the Mumbai bench of the National Company Law Tribunal’s (NCLT) approval their merger. “we would like to inform you that…
Infosys, HDFC AMC, and more: DIIs raised their stakes significantly in these stocks in Q2, should you buy?
Last year, Indian equity markets witnessed ferocious selling by foreign institutional investors (FIIs) amid ongoing global economic concerns. FIIs have sold shares worth Rs 2.78 lakh crore in the Indian…
HCL Tech Q3 dividend at Rs 10/share: This is IT firm’s 80th payout in a row!
HCL Technologies (HCL Tech) on Thursday announced an interim dividend of Rs 10 per share for FY23, which the IT major said was its 80th (20 years) straight payout in…
Taiwan’s PSMC might partner with India to help set up semiconductor fabs
In yet another boost to India’s dream of becoming a semiconductor nation, now PSMC (Powerchip Semiconductor Manufacturing Corp) is ready to help India in setting fabs. The Chairman of Taiwan’s…
Retail inflation eases to 5.72% in Dec; Nov IIP growth rebounds to 7.1%
India’s headline retail inflation marginally eased to 12-month low of 5.72 per cent in December 2022 from 5.88 per cent in November, showed government data on Thursday. The latest inflation…
HCL Tech Q3 results: Profit rises 19% to Rs 4,096 crore, Rs 10 dividend announced
HCL Technologies (HCL Tech), India’s third largest software exporter, on Thursday reported a 19 per cent year-on-year (YoY) rise in net profit at Rs 4,096 crore for the December quarter…
Infosys Q3 takeaways: Revenue guidance, attrition, margin, deal wins & more
Infosys on Thursday reported a 13.4 per cent year-on-year jump in profit, which was in line with 11-15 per cent profit growth analysts anticipated for the quarter. The Bengaluru-based firm…
UltraTech, Larsen & Toubro, RIL, Axis Bank among top gainers & losers today
Benchmark indices Sensex and Nifty ended with losses in choppy trade ahead of inflation and industrial production data to be released later in the day. Unabated foreign fund outflows also…