News Overview

Infosys has allotted 1,29,939 equity shares on 18 November 2022, pursuant to the exercise of Restricted Stock Units by eligible employees under the 2015 Stock Incentive Compensation Plan. Consequently, on 18 November 2022, the issued and subscribed share capital of the Company stands increased to Rs 21,040,404,215/- divided into 4,208,080,843 equity shares of Rs 5/- each.Powered by Capital Market – Live News

The supply of the said order is to be completed in tranches by the fourth quarter of the current financial year.

The parties plan to execute the formal agreement before the close of this calendar year.

The proceeds from this fund-raise will be deployed in financing the project requirements of the API business and will allow us to scale the business with lesser financial leverage.

Existing home sales in the U.S. saw a substantial decrease in the month of October, according to a report released by the National Association of Realtors. NAR said existing home sales plummeted by 5.9 percent to an annual rate of 4.43 million in October after slumping by 1.5 percent to a rate of 4.71 million in September. Existing home sales decreased for the ninth consecutive […]

The Indian rupee is expected to track domestic and regional equities lower in opening trades on Monday, on China demand worries and fears of more aggressive interest-rate hikes in the United States. Asian stocks traded weak this morning amid news of fresh COVID-19 restrictions in China as authorities locked down part of the manufacturing hub of Guangzhou for five days and urged residents of the […]

A report released by the Conference Board on Friday showed a much bigger than expected decrease by its reading on leading U.S. economic indicators in the month of October. The Conference Board said its leading economic index slumped by 0.8 percent in October after falling by a revised 0.5 percent in September. Meanwhile, the report showed the coincident economic index edged up by 0.2 percent […]

Copper futures dropped amid choppy equities amid news of fresh COVID-19 restrictions in China. Copper bore the brunt of the selling as authorities locked down part of the manufacturing hub of Guangzhou for five days and urged residents of the sprawling Chaoyang district to remain at home. The red metal is lingering at its lowest level in nearly two weeks in early Asia on Monday. […]

A flat day may be in store

COMEX Gold futures continue to stay subdued in early Asia on Monday after latest spurt to around three month high as the commodity eyed a modest uptick in the US dollar. A deep slide in crude oil futures and signs of inflation cooling off in the US are also capping advances in the yellow metal. Soaring equities has also dented sustained buying in the commodity […]