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Company targets to reduce costs by Rs400/t over two years. It expects optimisation in Energy Costs, Logistics cost, and other expenses through Group synergies and efficiency capex.

Analysts of IIFL Capital Services believe CTSH’s muted H2 guidance is a reflection of the near-term macro challenges and lower discretionary spending and corroborates with the commentary from the managements of Indian IT service companies.

Profitability likely to remain strong.

Mukesh Ambani-led company is investing $10 billion as Capex to construct its new energy ecosystem.

In the reporting quarter, operating revenue increased 30% year over year (YoY) to Rs 16,683 crore.

Rupee opens at 82.72 paise compared to the previous close of 82.58 paise

Mankind Pharma's board approves the reappointment of Ramesh Juneja as chairman and Rajeev Juneja as vice-chairman and managing director.

Petronas' sustainable energy business, Gentari, recently picked up a 49% stake in the project.

JFE Steel Corporation is already a 15% shareholder in JSW Steel.

The company has allocated 62,74,695 equity shares to anchor investors at an upper price band of Rs 741 per share, as confirmed through its exchange filing.