Ride hailing and electric vehicle manufacturing company, Ola, has laid off around 200 people across teams, Business Today has learnt. An employee who was laid off from the company last…
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Vishnu Chemicals to turn ex-split; Softsol buyback, Wipro Q3 results, dividend announcements & more
Shares of Vishnu Chemicals will turn ex-split today while those of Softsol India have Friday as the cord date for its share Rs 35 crore buyback. Indowind Energy will go…
Patym, PNB Housing, Care Ratings: What should be your trading strategy?
Domestic stock indices fell on Thursday, ahead of the US inflation data and expiry of weekly F&O contracts. Sensex dropped 147 points, or 0.25 per cent, to settle at 59,958…
SGX Nifty up 43 points: Asian markets, dollar movement, Q3 earnings, FPI flows & more
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,…
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…