Why is Joshimath sinking? Big projects, rampant construction, extreme weather worsened situation

The holy town of Joshimath has plunged into a full-blown crisis after houses and roads developed cracks due to land subsidence. So far 678 houses have developed cracks and 81…

Cyient DLM files draft papers with Sebi for Rs 740 crore IPO

Cyient DLM, in consultation with the book running lead managers, may consider a pre-IPO placement aggregating up to Rs 148 crore at its discretion, as may be permitted under applicable…

TCS’s dividend @Rs 75! Analysts rule out buyback possibilities in near term

Tata Consultancy Services (TCS) announced a solid special dividend of Rs 67 per share on Monday, along with its third interim dividend of Rs 8 per share. But after these…

Sensex tanks over 600 points: Rs 2L cr investor wealth lost; HDFC twins, Infosys, TCS top drags

Indian equity benchmarks fell sharply in afternoon trade on Tuesday after recording a rebound in the previous session. The BSE Sensex slumped over 600 points while the NSE barometer Nifty…

Anlon Technology Solutions: SME stock delivers 150% listing return on market debut

Anlon Technology Solutions, the latest debutant of Dalal Street, has delivered a solid listing pop of 150 per cent to its investors on Tuesday. It is one of the best…

Up 300% within weeks! Droneacharya Aerial shares hit 10% upper circuit today; no seller

Droneacharya Aerial Innovations, which got listed on December 23, 2022, has rallied 307 per cent over its IPO issue price of Rs 54 apiece. On Tuesday, the scrip hit its…

Axis Bank ICICI Bank, BOI, Federal Bank: Banks that Morgan Stanley prefers ahead of Q3 results

Morgan Stanley said it prefers banks with strong retail liability franchise, higher share of floating or repo-linked loans and excess liquidity. Such banks, the foreign brokerage in its Q3 earnings…

Now retail investors can invest in interim financing bonds; here’s how

LegalPay, which is the country’s largest litigation funding platform, has launched ‘Interim Financing Bonds’ that will allow retail investors to participate in a segment that is largely seen as an…

ICICI-Videocon loan fraud case: Chanda Kochhar, husband Deepak released from jail

Former ICICI Bank MD and CEO Chanda Kochhar and her businessman-husband Deepak Kochhar were released from jail on Tuesday morning. This came after the Bombay High Court ordered their bail,…

TCS headcount reduces for first time in 10 quarters; experts say indicator of slowdown

The headcount of IT services company TCS has gone down for the first time in 10 quarters as per the company’s Q3 FY23 results announced on Monday. Experts believe that…