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Australian shares rally as unemployment dips (17-10-2024)
The benchmark S&P/ASX 200 climbed 0.86 percent to 8,355.90 while the broader All Ordinaries index closed up 0.79 percent at 8,624.10.
Infosys announces Rs 21/share interim dividend, fixes October 29 as record date. Check details (17-10-2024)
Infosys declared an interim dividend of Rs 21 per share, with October 29 as the record date and November 8 as the payout date. The company reported a Q2 net profit of Rs 6,506 crore, a 5% YoY increase, and revised its FY25 revenue growth guidance to 3.75-4.5%.
Japanese stocks decline after trade data (17-10-2024)
The measures included expanding a “white list” of housing projects eligible for financing and increasing bank lending for such developments to 4 trillion yuan.
Wipro Q2 Results: Cons PAT jumps 21% YoY to Rs 3,209 crore, beats estimates (17-10-2024)
Wipro Q2 Results: Gross revenue stood at Rs 22,300 crore, marking a 1.5% increase quarter-on-quarter and a 1% decline year-on-year. IT services segment revenue reached $2,660.1 million, up 1.3% QoQ and down 2% YoY.
Sensex down 495 pts; Nifty settles below 24,800; banking, auto stocks drag (17-10-2024)
Indian equity indices fell for the third consecutive session, with the Nifty hitting a two-month low, and market capitalization dropping by Rs 6.03 lakh crore.
Tata Comm Q2 PAT rises 3% YoY to Rs 227 cr (17-10-2024)
Tata Communications reported 2.97% increase in consolidated net profit to Rs 227.23 crore in Q2 FY25 as against to Rs 220.66 crore posted in Q2 FY24.
Infosys Q2 Results: Profit rises 5% YoY to Rs 6,506 crore; revenue also up 5% (17-10-2024)
The company has revised its FY25 revenue guidance to 3.75%–4.5%.
CBI chargesheets Karti Chidambaram, others in Chinese workers’ visa corruption case (17-10-2024)
CBI has filed a charge sheet against Congress MP Karti Chidambaram and others for alleged bribery in 2011. Karti and his associates allegedly facilitated visas for Chinese nationals working on a power project. The charge sheet includes criminal conspiracy, cheating, and forgery accusations. Payments were routed through a Mumbai company using false invoices.