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…
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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…
Tata Motors shares trading at key support level; time to buy, sell or hold?
Shares of Tata Motors were trading at the key support level of Rs 412 today. In the last one month, Tata Motors stock has traded in a narrow range of…
Infosys Q3 results: Profit rises 13.4% to Rs 6,586 crore; FY23 revenue guidance revised upward
Infosys, India’s second largest software exporter, on Thursday reported a 13.4 per cent year-on-year (YoY) rise in net profit at Rs 6,586 crore for the December quarter compared with Rs…
Japan’s Nikkei flat before US CPI test; banks rally on BOJ speculation
Japan’s Nikkei share average ended little changed on Thursday, on caution ahead of key US inflation data, with banking stocks rallying amid speculation about a Bank of Japan (BOJ) stimulus…