The IT major’s consolidated net profit declined 3.17% to Rs 12,040 crore in Q1 FY25 as against Rs 12,434 crore reported in Q4 FY24.
Posts in category Business Standard
Nifty July futures trade at premium (11-07-2024)
The NSE’s India VIX fell 3.03% to 14.43.
Sebi to auction HBN Dairies properties, keeps reserve price at Rs 67.7 cr (11-07-2024)
Capital markets regulator Sebi will auction eight properties of HBN Dairies & Allied Ltd next month for a reserve price of Rs 67.70 crore.
The move is a part of Sebi’s effort to recover money raised by HBN Dairies through illicit collective investment schemes.
This came after the Supreme Court in its order dated May 14, 2024, authorised Sebi to sell the assets of HBN Dairies & Allied Ltd (HBN) with the active involvement of the liquidator.
The markets watchdog initiated the process for the sale of assets after HBN Dairies & Allied Ltd and its directors — Harmender Singh Sran, Amandeep Singh Sran, Manjeet Kaur Sran and Jasbeer Kaur — failed to refund the investors’ money.
The properties to go under the hammer include a shopping mall-cum-multiplex, hotel, plots and commercial shops, the Securities and Exchange Board of India (Sebi) said in a notice on Wednesday.
The properties were located in New Delhi, Punjab, Madhya Pradesh, Gujarat and Maharashtra and were auctioned at .
Tata Consultancy Services consolidated net profit rises 8.72% in the June 2024 quarter (11-07-2024)
Sales rise 5.44% to Rs 62613.00 crore
GNA Axles consolidated net profit declines 16.21% in the June 2024 quarter (11-07-2024)
Sales rise 6.84% to Rs 399.62 crore
Bondada Engineering unit receives work orders worth Rs 316.82 cr (11-07-2024)
Bondada Engineering announced that its subsidiary, Bondada Managed Services has received work orders from Reliance Projects & Property Management Services aggregating Rs 316.82 crore. The details of the orders include:
Japanese Markets Reach Record Highs (11-07-2024)
The Nikkei average jumped 0.94 percent to 42,224.02, breaking past 42,000 points for the first time ever. The broader Topix index settled 0.69 percent higher at 2,929.17.
Chinese Shares Rally Around 1% (11-07-2024)
Meanwhile, Hong Kong’s Hang Seng index also jumped 2.06 percent to 17,832.33, a day after China’s securities regulator announced more curbs on short selling.
Chinese Shares Rally (11-07-2024)
Amid rising hopes for a September rate cut, investors awaited the release of U.S. CPI report later in the day for further direction.
Thermax arm to form JV with Vebro, Machester for flooring chemical business (11-07-2024)
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