Infosys among UK firms accessing Rishi Sunak’s COVID-19 job saving scheme; IT major furloughed 3% of staff
The COVID-19 job saving scheme was unveiled by the Indian-origin finance minister, married to Murthy’s daughter Akshata, at the peak of the crisis and is set to gradually wind down until it is fully closed at the end of October.
Seven of top 10 most valued companies add Rs 1.76 lakh cr in m-cap; HDFC Bank emerges biggest gainer
HDFC rallied Rs 24,733.64 crore to Rs 2,87,407.32 crore.
Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.
Markets open weak: Sensex drops over 300 points, Nifty tests 9,400-level in early trade ahead of GDP data; Rupee up
Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries amid weak cues from global markets.
Sensex jumps over 200 points, NSE above 9,390-level in opening trade; RIL, ICICI Bank, HDFC among early gainers
ONGC was the top gainer in the Sensex pack, rising around 3 percent, followed by Tata Steel, L&T, HDFC Bank, ICICI Bank, IndusInd Bank and Axis Bank. On the other hand, M&M, ITC, Infosys, Bajaj Auto, TCS and HCL Tech were among the laggards
Stock markets pare early gains in afternoon session; Sensex ends 63 points low, NSE dips; Bharti Airtel, IT stocks fall
The Sensex declined 63.29 points or 0.21 per cent to 30,609.30.
Four of top 10 companies add Rs 1.12 lakh cr in market cap last week; Tata Consultancy Services tops the chart
The market valuation of Tata Consultancy Services zoomed Rs 47,148.71 crore to Rs 7,57,587.71 crore, the biggest rise among the top-10 firms.
Sensex pares opening losses to turn positive in early trade, Nifty low; Repo rate cut fails to enthuse markets
After starting over 250 points lower, the Sensex made a U-turn to rise over 70 points to 31,005.19.
Sensex crashes over 1,000 points, Nifty plunges 314 points on lockdown extension, mega economic package; bank, auto stocks worst-hit
The Sensex ended 1,068.75 points or 3.44 percent lower at 30,028.98, while the broader NSE Nifty plunged 313.60 points or 3.43 percent to 8,823.25.
Sensex plunges over 800 points, Nifty slumps 227 points in early trade as economic package fails to impress
After hitting a low of 30,265.67, the Sensex was trading 731.91 points or 2.35 percent lower at 30,365.82. Similarly, NSE Nifty slumped 226.90 points, or 2.48 percent, to 8,909.95.
Markets close on weak note: Sensex plunges over 880 points, Nifty cracks below 9,200-level; IT stocks among top losers
The Sensex plunged 886 points on Thursday, tracking heavy losses in index heavyweights Reliance Industries, HDFC twins, Infosys and ICICI Bank amid a selloff in global markets.
Indices fall tracking decline in Asian markets; Sensex, Nifty slide as fiscal stimulus spend relatively small
Sensex slumped over 600 points in opening session on Thursday dragged by losses in index heavyweights Infosys, HDFC twins, Reliance Industries and ICICI Bank amid weak cues from global markets.
Nitesh Tiwari opens up on remotely directing Amitabh Bachchan in Kaun Banega Crorepati 12 promo during lockdown
The promo of Kaun Banega Crorepati narrates how dreams cannot be restricted by the lockdown in place, and has been remotely directed by Nitesh Tiwari.
HCL Tech Q4 results better than expectations: Net profit up 22.8% at Rs 3,154 cr, announces dividend of Rs 2
HCL Tech's revenue grew 16.3 percent to Rs 18,590 crore in the quarter under review, from Rs 15,990 crore in the corresponding quarter last year, as per US GAAP
Markets open in red: Sensex nosedives over 1,500 points, Nifty plunges below 9,500-level; Rupee tanks in early trade
The Sensex was trading 1,513.68 points or 4.49 percent lower at 32,203.94, and the NSE Nifty plunged 425.70 points, or 4.32 percent, to 9,434.20
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Sensex rallies over 900 points, Nifty reclaims 9,800 level; Glenmark shares jump 9% on reports of trials for potential COVID-19 drug
Shares of Glenmark Pharmaceuticals Ltd rose as much as 8.9 percent after the drugmaker said it got the Indian drug regulator’s nod to conduct clinical trials of antiviral drug favipiravir, seen as a potential treatment for COVID-19.
Hexaware Technologies Q1 net profit rises 26.3% to Rs 175 cr, revenue up 22%; suspends annual guidance for FY20
Hexaware said the company was early in transitioning to work from home (WFH) mode, much before the government-mandated lockdown.
The market cap of Reliance Industries Ltd (RIL) zoomed Rs 1,21,904.63 crore to Rs 8,98,499.89 crore.
The Indian IT sector is staring at a revenue growth sliding to a decadal low of up to 2 percent and an impact on profitability owing to narrowing of margins due to the COVID-19 pandemic, a report said on Friday