News Overview

The week, startups raised $260 Million led by GPS Renewables, Sharechat, Altum Credo, Ecozen, ProcMart, Ring, Uniqus

The asset allocation under the scheme takes place in Debt and Money Market Instruments including Government Securities.

Managing director & CEO Puneet Dalmia expressed confidence in demand growth, emphasizing the pivotal role of the cement sector in India's infrastructure development.

Q4 revenue grew by 2.3% YoY to ₹8,892.9 Crore, but sequentially declined by 1.4%.

The partnership between RITES and DVC aims to innovate infrastructure solutions for upgrading, renovating, and developing rail connectivity for power plants and their surrounding areas.

Market activity displayed 1,747 advancing shares, 1,400 declining shares, and 101 unchanged shares.

The board has also approved the re-appointment of Meena Ganesh and Gopalaraman Padmanabhan as Independent Directors for a second term of four years each.

The bank proposed a dividend of ₹1 per share for FY23-24, pending shareholder approval.

AWS will support upskilling and reskilling of 25,000 TCS employees in cloud and GenAI skills.

The company's total income increased to ₹10,469.5 Crore in FY2023–24 from ₹9,611.2 Crore in the FY2022–2023 fiscal year.