The FinTech Hub
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day…
Source: Live Mint The combined market capitalization of six out of the ten most valuable companies surged by ₹1,18,151.75 crore last week, with HDFC Bank and Bharti Airtel emerging as the top gainers, aligning with the positive trend in equities. During the week, the BSE benchmark rose by 354.23 points (0.45%), while the Nifty gained…
Source: Live Mint The combined market capitalization of five of the top-10 most-valued companies fell by ₹1,85,952.31 crore last week, with HDFC Bank experiencing the largest decline, aligning with a weak trend in the domestic stock market. During the same period, the BSE Sensex dropped 1,844.2 points (2.32 per cent), while the Nifty index shed…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. TCS: Tata Consultancy Services (TCS), India’s largest IT company, has announced its second-highest dividend for FY25, bringing the total declared for the year to ₹96 per share. This is the highest annual dividend declared by the company, apart…
Source: Live Mint IT major Tata Consultancy Services (TCS), reported a reduction of 5,370 employees in its workforce during the fiscal third quarter, ending a trend of headcount growth observed in the previous two quarters. Attrition for the quarter saw a slight increase, reaching 13 percent compared to 12.3 percent in the previous quarter. In…
Source: Live Mint Infosys Ltd’s September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates. Excluding the retail sector, all other verticals grew quarter-on-quarter. As…
Source: Business Standard Reliance (Photo: Shutterstock) 3 min read Last Updated : Oct 13 2024 | 12:26 PM IST The combined market valuation of seven of the top-10 most valued firms eroded by Rs 1,22,107.11 crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in line with weak…
Source: Live Mint MUMBAI : IT bellwether Tata Consultancy Services Ltd (TCS) raised the curtains on the sector’s September quarter (Q2FY25) earnings with subdued performance. Sequential constant currency revenue growth at 1.1% slightly missed the consensus estimate of 1.3%. Weaker growth in the North American market dragged overall growth even as the traction in the…
Source: Live Mint IT giant Tata Consultancy Services (TCS), on Thursday, announced a second interim dividend of ₹10 per share on Thursday. The payment date for the dividend is set for November 5, 2024, with the record date fixed for October 18, 2024. Before that, the company paid a final dividend of ₹28 to its…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Tata Stocks: Tata group companies are likely to be in focus following the passing of Chairman Emeritus, Ratan Naval Tata, during the night of Thursday, October 10. Adani Enterprises: The company has launched a qualified institutional placement (QIP)…
