The gross refining margins have fallen during the pandemic and are slightly recovering at present; Essar Oil UK said the repeated lockdowns have resulted in all refiners experiencing low demand

The company's board recommended a capital return of Rs 15,600 crore, including final dividend of Rs 6,400 crore, and open market buyback of shares of Rs 9,200 crore.

Stock of TCS fell 4.35% to Rs 3,100 against previous close of Rs 3,241 on BSE. TCS share opened lower at Rs 3,230 today

Following an order by an US court to pay $140 million, TCS has made a provisioning of $165 million towards the claims while continuing the legal battle

TCS registered revenue from operations at Rs 164,177 crore during FY21, up 4.6 per cent from Rs 156,949 crore in FY20; the company also declared a dividend of Rs 15 per equity share

TCS share slipped 3.16% to Rs 3,217 against previous close of Rs 3,322 on BS. The large cap stock has fallen after 5 days of consecutive gain

Analysts are expecting TCS to clock 2.8-4 per cent growth on sequential basis in sales, while somewhere between 5 and 10 per cent growth in profit on a QoQ basis in Q4.

\"The robust revenue growth rides on a low base of the corresponding quarter a year ago, besides higher government capital expenditure, and higher realisations amid a commodity upcycle, among others,\" the report said

Switzerland's No. 2 bank, which has dumped over $2 billion worth of stock to end exposure to Archegos, said Chief Risk Officer Lara Warner and Brian Chin, the bank's investment banking head, were stepping down following the losses

Spending more time at home due to the coronavirus pandemic, consumers have splashed out on an array of high-margin consumer electronics which in turn has helped cause a global shortage of semiconductors

Investors' wealth soared 80 per cent to Rs 204.3 lakh crore during the fiscal compared to almost one-fourth erosion in the market capitalisation of all BSE-listed stocks during FY20

Retail ownership of top 500 stocks of BSE saw a sequential decline in December quarter. Is their interest waning?

Managements are integrating their corporate milestones with what is good for people and the planet too

After a brutal year, India's largest airline looks to bounce back, but there could be surprises ahead

J&J has always excluded certain one-time costs such as litigation expenses from its calculation of stock payouts to executives, an approach that compensation consultants say is common across corporate America

'Big Bull' Rakesh Jhunjunwala, largest individual investor in the domestic markets, said the level of taxation on the equity markets is \"reasonable\" given the socio-economic conditions in India

Stock Market News Update Today: Bajaj Finserv, Asian Paints, HUL, Titan Company, HDFC, Bajaj Auto, Bharti Airtel, Nestle India, Tech Mahindra, Reliance Industries, Maruti, HDFC Bank were among top gainers on BSE Sensex pack

Swiggy also agreed to give compensation for any loss of pay on the days the delivery partners receive both vaccine doses

Motilal Oswal AMC raised the curtain on midcap and smallcap funds in 2019 by introducing Nifty Midcap 150 and Nifty Smallcap 250. Now, Aditya Birla AMC has rolled out the Nifty Midcap 150 Index Fund and Nifty Smallcap 50 Index Fund

Twitter user Priyanshu Dwivedi said that the litti-chokha seller Yogesh sells the yummiest fare for just Rs 20 per plate near the Versova beach. Every plate includes two littis dipped in butter, delicious chokha, chutney and salad