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Tata Consultancy Services (TCS): TCS reported 10.1% rise in consolidated net profit to Rs 10,431 crore on 4.8% increase in revenue to Rs 55,309 crore in Q2 FY23 over Q1 FY23. The board recommended an interim dividend of Rs 8 per share. The record date for the same is 18 October 2022 and the payment date is 07 November 2022. Infosys: The board of the […]

The business, which has been adversely affected by severe supply chain restrictions, hopes to end the current year with sales of between 55,000 and 56,000.

Credit ratings on borrowers that do not disclose the banks from which loans have been taken will require banks giving loans to these borrowers, to set aside more capital on the loans.

SEBI issued a circular in which it stated: "It was observed that in order to address the worry of 'fastest finger first,' it is vital to adjust the book-building process to assure allocations based on the 'best bid,' rather than the bidder with the greatest technology for putting the fastest bid."

Sales rise 14.00% to Rs 299.91 crore

Oil prices erased some of its recent gains as traders apparently booked profits after the commodity climbed to a more than one-month high. Besides, global economic concerns weighing down demand coupled with sharp production cuts by OPEC are further adding pressure on crude oil prices. Meanwhile renewed COVID led lockdowns in parts of China, the worlds largest crude importer is adding to demand fears. WTI […]

2,32,750 units were sold worldwide in the quarter compared to 1,62,634 units during the same time last year for all passenger vehicles.

During the years 2023 through 2027, UNICEF will get a $99 million grant to provide 99.70 million doses, and PAHO will receive a $28.55 million grant to provide 24.83 million doses.

The most recent action shows efforts to increase synergy and ensure the best possible use of manpower among group carriers, both of which are Tata-owned airlines.

The Securities and Exchange Board of India (SEBI), which issued the prohibition last week, may also put an end to the practice of "rating shopping," in which businesses approach rating agencies in an effort to obtain a higher rating.