Indian equity benchmarks gave up their gains in afternoon trade on Monday and slipped into the red, as losses in metal and automobile stocks countered gains in technology and state-owned…
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Here is why Infosys, TCS, and HCL Tech reduced hiring in Q3 FY23
Leading Indian IT services companies, TCS, Infosys, and HCL Tech, have reduced hiring significantly in the December-ended quarter of FY 2022-23 as compared to the previous quarters. This is being…
Chaman Metallics shares list at 79% premium over its issue price on NSE’s SME platform
Chaman Metallics’ shares got listed at Rs 60, a strong premium of 79 per cent, on Monday, against its issue price of Rs 38 apiece. The company was listed at…
TCS shares trade ex-dividend, stock rises 2%.; record date Jan 17
Tata Consultancy Services’ (TCS) jumped about 2 per cent during the trading session on Monday after the stock traded ex-dividend, a day ahead of its record date for the interim…
Mastek, Persistent Systems, Mphasis, LTTS & Coforge: IT firms that may announce dividends this week
Mastek, Persistent Systems and Coforge are three IT firms, whose boards will consider proposals of dividend payments this week, along with their companies’ quarterly results. Newgen Software Technologies, Oracle Financial…
India’s December WPI inflation eases to 4.95%
India’s annual wholesale price-based inflation (WPI) eased in December to 4.95% year-on-year as against 5.85% in November, government data showed on Monday. The reading was lower than the Reuters forecast…
Avenue Supermarts shares at Rs 3,654 or Rs 4,675? Here’s what brokerages say
Shares of Avenue Supermarts, operator of DMart retail chain, plunged 6.09 per cent in Monday’s trade to hit a day low of Rs 3,627 over its previous close of Rs…
National Start-up Day: InnoVen Capital says high valuation of late-stage companies a concern; exit activity to be muted
InnoVen Capital, one of India’s earliest venture debt providers, with investments in the likes of BYJU’S, Swiggy, Myntra, Blinkit, OYO, PharmEasy, boAt, and several other unicorns, expects the tough funding…
Angel One, Federal Bank Q3 results today: Here are analyst projections
Angel One and Federal Bank, among others, would be reporting December quarter results later in the day. The Angel One board would also consider a proposal of interim dividend for…
Varun Beverages shares gain after four sessions; here’s why
Shares of Varun Beverages rose over 6% today after brokerage Jefferies retained buy rating on the stock. Varun Beverages stock touched an intraday high of Rs 1205.80, rising 6.26 per…