News Overview

In FY23, the firm paid a total dividend of ₹115 per equity share, with a special dividend of ₹67 per share.

The acquisition, which includes optionally redeemable convertible debentures and 100% equity shares, will help TCS expand its delivery centres.

It secured financing of ₹1,988 crore from Power Finance Corporation (PFC) towards a 300 MW solar-wind hybrid renewable energy project in December 2024.

Tata Steel, Coal India and Hero Motocorp hits 52-week low in Nifty.

Re-opening and expansion of Rakha Mine and development of new underground mine at Chapri shall be undertaken and commissioning of a modern concentrator plant would be done.

The money will be used for debt reduction and capital expenditures across all of the closely owned companies.

The profit after tax (PAT) increased by 10% sequentially from the Rs 387.75 crore recorded in Q2FY25.

Brent crude futures increased 24 cents, or 0.3%, to $77.16 a barrel. At $74.18, U.S. West Texas Intermediate crude futures increased 26 cents, or 0.4%.

GTPL Hathway profits tanked 57% at ₹10.2 crore against ₹23.7 crore. However, its revenue was seen increasing by 4.3% to ₹887.3 crore from ₹850.9 crore.

Spot gold remained steady at $2,670.16 per ounce. This week, the price of gold has increased by almost 1%. At $2,694.50, gold futures increased by 0.1%.