News Overview

Infosys' outcome-oriented managed services model, along with their automation-powered delivery methodology, would enable us to considerably increase service quality, compliance, and operational efficiency.

The operating margin of the company's energy and digital industries division increased significantly, contributing to an increase in overall profit for the quarter.

The 23.94% yoy growth in mutual fund folios in April 2024, betters the growth story for the full year FY24

To meet the 10% requirement, the government needs to divest an additional 6.5% over the next three years.

In terms of financial performance, Go Digit reported a notable increase in net profit, reaching ₹1,290 Crore for the nine months ended FY24

The completion of the share transfer must be reported to IRDA with all details submitted post-transaction.

Consumer Inflation for April 2024 was led lower by fuel inflation and core inflation

The IPO comprised a combination of fresh equity worth ₹400 Crore and an offer for sale (OFS) of up to 1.25 crore shares by promoters and investors.

The IPO, comprising a fresh equity issue worth up to ₹1,000 Crore and an offer for sale (OFS) of up to ₹2,000 Crore, attracted significant investor interest, closing nearly 26 times oversubscribed.

On May 10, Cipla announced a 10% increase in revenue to ₹6,163 Crore and a 79% increase in fourth-quarter profit to ₹939 Crore.