Tata Consultancy Services (TCS), India’s largest IT exporter, on Monday reported a 11 per cent year-on-year (YoY) rise in profit at Rs 10,846 crore for the September quarter compared with…
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R S Sodhi steps down as Amul MD; COO Jayen Mehta replaces him
R S Sodhi has stepped down from the post of the Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), popularly known through its brand name ‘Amul’. The…
HDFC Capital achieves $376-mn initial close for Scheme 2 of H-CARE 3
HDFC Capital, a subsidiary of HDFC Ltd, on Monday said it has successfully achieved the initial close for Scheme 2 of the HDFC Capital Affordable Real Estate Fund – 3…
Sah Polymers IPO allotment status, grey market premium, listing date & more
Sah Polymers, whose Rs 66.30 crore initial public offering (IPO) received a strong response from bidders, is likely to finalise basis of allotment today. The IPO was a hit among…
JP Associates shares tank 5% as company defaults on loan payments
Shares of Jaypee Group’s flagship Jaiprakash Associates (JP Associates) plunged 7 per cent on Monday amid heavy volumes after defaulting on loan payments. The stock dived 7.14 per cent to…
Ashish Kacholia upped stake in Yasho Industries, Xpro India; stayed put on Fineotex Chemicals
Seasoned investor Ashish Kacholia picked up stakes in at least three companies in the December quarter. This includes Raghav Productivity Enhancers where he entered for the first time. Kacholia stayed…
TCS, Wipro, Infosys, HCL Tech and TechM: Top 5 IT stocks added Rs 79,000 crore today
Five Tier 1 IT biggies namely TCS, Wipro, HCL Technologies and Tech Mahindra added a total of Rs 79,000 crore to their combined market capitalisation (m-cap) ahead of the kick start…
Same formula, strong market returns? Not possible, says Aequitas’ Siddhartha Bhaiya
Investors on Dalal Street may move away from the uncertain returns of the equity market back to the certain returns of fixed deposits amid the rising interest rate scenario in…
How Mukesh Ambani is preparing to beat Coke and Pepsi on their own turf
If the past six years have been marked by the fierce battle for dominance over the country’s telecommunications market between multibillionaire Mukesh Ambani’s Reliance and erstwhile leaders like Airtel, Vodafone…
BharatPe row: ‘Ask him to maintain decorum’, Delhi HC directs Ashneer Grover’s counsel
The Delhi High Court has directed the lawyer for former BharatPe managing director Ashneer Grover to ask his client to maintain decorum. While hearing a suit filed by BharatPe, Delhi…