Axis Bank Limited, one of the leading commercial banks in India, recently released its financial and operational results for the quarter and year ended March 31, 2024. Quarterly Performance During Q4 FY2024, the bank recorded a 15% YoY growth in operating profit to ₹10,536 crore. In addition, net profit stood at ₹7,130 crore, compared to …
At 11:00 am, the BSE Sensex plunged 0.10%, reaching a level of 73,810. The Nifty 50 index is down 0.14% to the 22,370 level. On the Sensex, Axis Bank, State Bank of India and HCL Technologies were among the top gainers, whereas Kotak Mahindra Bank, Hindustan Unilever and Bajaj Finance were among the market draggers. …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 190 points or 0.25% at 74,008, while the Nifty-50 was up around 40 points or 0.18% at 22,442. About 2,047 shares have advanced; 1,364 declined and 195 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On April 24, 2024, Tata Consultancy Services Limited (TCS), a global leader in IT services, consulting, and business solutions, announced through an exchange filing that it had entered into a strategic partnership with Amazon Web Services (AWS). The objective of the partnership is to enhance its customers’ cloud transformation journey at scale. The filing further …
Sterlite Technologies Limited (STL), a global leader in optical and digital solutions, announced significant developments in their US operations on April 24, 2024. STL’s fibre optic cables manufactured in the US are now compliant with the “Build America, Buy America” (BABA) provisions of the Infrastructure Investment and Jobs Act (IIJA). This positions them favourably for …
RITES Ltd, a leading Indian transport infrastructure consultancy firm with a proven track record of over 49 years, announced a significant collaboration today by signing a Memorandum of Understanding (MoU) with Damodar Valley Corporation (DVC). DVC, a statutory body under the Ministry of Power, plays a crucial role in India’s energy sector, managing a vast …
Dalmia Bharat Limited, one of the leading cement manufacturers, recently released its results for the quarter and year ended March 31, 2024. During FY2024, the company witnessed a growth of 11.8% on a YoY basis to 28.8 MnT. The installed cement capacity rose by 15.6% YoY to 44.6 MnT, and it has been recognised as …
Nifty Ends Above 22,400 On Wednesday, the Nifty index closed above the 22,400 mark, but it fell nearly 72 points from its daily high, forming a small-bodied candle with an upper shadow. This indicates that although the Nifty closed in positive territory, it could not sustain higher levels, marking the third consecutive day of such …
Oracle Financial Services Limited (OFSS), a leading provider of products and services to the financial services industry, recently released its results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance On a consolidated basis, the company recorded a 12% YoY revenue growth to ₹1,642 crore. In addition, operating income for …
On April 25, 2024, Happiest Minds Technologies Limited informed the stock exchanges that the company signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies Private Limited. Details of the Acquisition A Mindful IT company, Happiest Minds Technologies, has signed definitive agreements to acquire PureSoftware Technologies Private Limited for a total …
