Utpal Sheth, of TRUST Group and RARE Enterprises, praises the Tata Group’s value system and principle-based decision making under Ratan Tata’s leadership. He highlights the group’s commitment to humility, humanity, and hunger in its leaders, and reminisces about Rakesh Jhunjhunwala’s deep respect and investment in the Tata Group’s ethos and policies.
Posts in category Economic Times
Stock market update: Nifty Bank index advances 1.03% (10-10-2024)
The Nifty Bank index closed 1.03 per cent up at 51530.9.
Stock market update: Nifty Pharma index falls 2.01% (10-10-2024)
The Nifty Pharma index closed 2.01 per cent down at 23305.15.
TCS Q2 Results: Profit rises 5% YoY to Rs 11,909 crore, misses estimates (10-10-2024)
TCS Q2 Results: Tata Consultancy Services (TCS), India’s leading software exporter, reported a 5% growth in consolidated net profit, reaching Rs 11,909 crore for Q2 ended September 2024, compared to Rs 11,342 crore in the same period last year. However, this figure fell short of analysts’ expectations, which estimated a profit of Rs 12,450 crore. Revenue from operations rose 8% year-on-year to Rs 64,259 crore.
Stock market update: Sugar stocks down as market rises (10-10-2024)
The 30-share BSE Sensex closed up 144.31 points at 81611.41
India has lost a pioneer, but not his legacy: BSE on Ratan Tata’s death (10-10-2024)
Leading stock exchange BSE on Thursday acknowledged Ratan Tata’s lasting influence on the nation’s business landscape, saying “India has lost a pioneer, but not his legacy.” In its condolence message on the death of Tata, BSE highlighted the industrialist’s unparalleled contribution to Indian industry, noting that his visionary leadership continues to serve as an inspiration.
Market Wrap: Sensex, Nifty rise led by banking stocks; investors eye inflation data (10-10-2024)
Sensex closed with a 0.18% gain led by banking stocks amid optimism over potential U.S. rate cuts. Key gainers included Kotak Bank and HDFC Bank. Star Health dropped 2% following a cyberattack disclosure, while VA Tech Wabag rose 5% on securing orders from Reliance Industries.
Gainers & Losers: Tata Group stocks among 8 others in limelight on Thursday (10-10-2024)
Indian equity indices opened higher but closed near lows, impacted by pharma, IT, and healthcare stocks. Defence and Tata Group shares rose, while Cipla and Lupin declined significantly.
Rupee ends flat after lingering in narrow band; US inflation data on tap (10-10-2024)
Dollar-rupee forward premiums have declined as a result of bets on shallower Fed rate cuts alongside the RBI changing its policy stance to “neutral,” on Wednesday