TCS’s mcap crossed $100 billion in 2018, 13.5 years after the IPO. It took only four more years to double its mcap to $200 billion.
Posts tagged Rediff
Insurers Cover 90,000+ Govindas (26-08-2024)
‘As on August 25, 94,753 Govindas have been insured.’ ‘This number is expected to rise further, as proposals for 5,000 to 8,000 Govindas are received daily.’
Factors that will guide the markets this week (25-08-2024)
Release of key macroeconomic numbers, monthly derivatives expiry, and global cues are likely to drive stock market movement this week, according to analysts. Markets will also be reacting to remarks made by the US Federal Reserve Chair Jerome Powell, they said. “This week, we expect the market to witness a gradual up-move with stock-specific action.
‘Idea behind SROs is not to make them more regulatory’ (25-08-2024)
‘One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.’
Apollo Hospitals to ride on healthy growth outlook (24-08-2024)
Apollo Hospitals Enterprise (APH) delivered an in-line performance for the April-June quarter of the financial year 2024-2025 (Q1FY25)with growth in the number of patients. AHLL (Apollo Health and Lifestyle), a subsidiary, posted sales growth and profitability. APH also reduced operational costs at Healthco.
Cognizant files case against Infy over trade secrets (24-08-2024)
IT major Cognizant’s subsidiary TriZetto has slapped a lawsuit on Infosys in a US federal court, accusing the Bengaluru-headquartered company of stealing trade secrets and information related to healthcare insurance software. Infosys, in a statement, denied all allegations. The company asserted it is aware of the lawsuit and will defend its position in the court.
Sizzling Suzlon may rake in more moolah (24-08-2024)
Once declared a dud stock, Suzlon has generated stellar returns for investors thus far this calendar year. On a year-to-date (YTD) basis, Suzlon’s share price has doubled investor wealth by soaring 109.35 per cent on the bourses. By comparison, the benchmark BSE Sensex has gained just 11.2 per cent.
‘Corporate Earnings Need To Deliver’ (24-08-2024)
‘Asset allocation should be driven much more by long-term factors rather than the market scenario at any particular point in time.’
Explained: The Boom In 2024 Right Issues (24-08-2024)
With Rs 17,087 crore raised so far this calendar year, the total is already 2.4 times that of the full year of 2023, which stood at Rs 7,266 crore.
‘No question of bringing in an investor right now’ (24-08-2024)
‘We have got enough internal accruals, and we are able to do acquisitions on our own.’