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BusinessToday.In
July 12, 2018
At 9:58 am, the Sensex was trading 258 points higher at 36,523 level with Nifty rising 75 points to 11,023 level. On January 29, Sensex and Nifty reached all time high levels of 36,443 and 11,171 levels, respectively on expectations from Union Budget and optimism over Q3 earnings.


BusinessToday.In
July 10, 2018
If HCL Technologies does follow through on the move, it will be the second leading IT firm to take the buyback route this year. Just last month, Tata Consultancy Services had announced a Rs 16,000 crore share buyback plan.


BusinessToday.In
July 9, 2018
The Sensex and Nifty closed higher on heavy buying in energy, capital goods, power and banking stocks following positive leads from global markets and a strengthening rupee.While the Sensex rose 276 points or 0.78% to 35,934 level, the Nifty rose 80.25 points to 10, 852 level.  Top Sensex gainers were Vedanta , Asian Paints  and Yes Bank.  Investors have shifted focus from trade tensions between China and US to Q1 corporate earnings which start tomorrow.The BSE Sensex ralli...


BusinessToday.In
July 9, 2018
Confluence of global stability, a sense that the rupee has bottomed and current valuations (of stocks) are holding the market up,\" said Harendra Kumar, Managing Director at Elara securities.


BusinessToday.In
New Delhi, July 7, 2018
Among the stocks, TCS hit record high on expectations of strong Q1 numbers as well as on the back of the buyback  announced by the company. In this BusinessToday.In video, Siddharth Khemka, Head, Retail Research at Motilal Oswal says that the markets are expected to be stock-specific this week and the action to be more on the large-cap side as the result season kicks in. Meanwhile, the trade war between the US and China are likely to keep the markets on edge.


BusinessToday.In
July 7, 2018
Recently, FICCI conducted a survey of enterprises on completion of one year of GST and their experience post-GST implementation. According to the survey, 59 per cent of the respondents mentioned that they were not satisfied with the capability of the GSTN portal.


BusinessToday.In
July 5, 2018
The market snapped its two-day winning streak, tracking losses across Asian peers ahead of imposition of US tariffs on Chinese exports.While the Sensex closed 70 points lower at 35,574, Nifty fell 20 points 10,749 level.  Unabated foreign fund outflows and a weak rupee added to the gloom, brokers said.Market heavyweight Reliance Industries slumped 2.53 per cent to 965 level after chairman Mukesh Ambani unveiled a mega fixed-line broadband initiative and announced plans for an...


BusinessToday.In
July 5, 2018
\"Investors are more circumspect about everything. Trade war-related issues can possibly pose nasty surprises if they are not reined in properly,\" said Deven Choksey, founder, KR Choksey Investment Managers.


BusinessToday.In
July 3, 2018
The market closed higher today on buying by domestic institutional investors in the backdrop of easing macro cues such as recovery in the rupee and falling crude oil prices. While the Sensex closed 114 points higher at 35,378, the Nifty rose 42 points to 10,699 level. Sun Pharma, Maruti and Infosys were the top Sensex gainers. Vedanta Ltd was the top Sensex loser after the group's decision to delist Vedanta Resources from the London Stock Exchange in $1.1 billion share buyback. The ...


BusinessToday.In
June 28, 2018
Rupee collapsed to a record low of 69.10 against the US dollar by plunging 49 paise in early trade today as rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics.


PTI
New Delhi, June 27, 2018
The meeting of the board will be held on July 12 and 13 to consider the audited consolidated financial results of the company and its subsidiaries for the quarter ending June 30, 2018, Infosys said in a BSE filing.


BusinessToday.In
June 27, 2018
The Indian currency opened at 68.42 a dollar and touched a low of 68.50-a level last seen on 1 December 2016 on worries over rise in fiscal deficit and inflation due to rising crude oil prices.


BusinessToday.In
June 26, 2018
India's second largest IT services firm Infosys unexpectedly found itself in the eye of a controversy on Sunday, with an anonymous whistleblower raising questions about its \"undue delay\" in filing Form 20F with US Securities and Exchanges Commission (SEC) and \"any ongoing investigation with SEC\".


BusinessToday.In
New Delhi, June 25, 2018
The Indian Institutes of Management (IIM), XLRI Jamshedpur, and SPJIMR Mumbai are now focussing on teaching students the importance of ethics and corporate governance and corporate social responsibility.


BusinessToday.In
June 25, 2018
The Sensex and Nifty closed lower amid a weak rupee and continuing trade spat between the US and China.After a positive start, the 30-share benchmark advanced to a high of 35,806, but turned negative and hit a low of 35,430 on profit-booking and foreign fund outflows.It finally ended at 35,470 -- down by 219 points or 0.61 per cent.The Nifty too cracked below the 10,800-mark to hit a low of 10,753 intra-day, before closing at 10,762 with a loss of 59 points, or 0.55 per cent.Brokers said nega...


BusinessToday.In
New Delhi, June 25, 2018
Neemuchwala received Rs 6.29 crore in gross salary, Rs 1.70 crore in variable pay, Rs 10.2 crore in other annual compensation with other addition perks, taking his total compensation to Rs 18.23 crore for FY2017-18.


BusinessToday.In
June 25, 2018
Raising concern with the Indian and US market regulators over Infosys not filing form 20F this year, an anonymous whistleblower has written a letter to the US Securities and Exchanges Commission (SEC) and Sebi.


E. Kumar Sharma
New Delhi, June 25, 2018
Y.C. Deveshwar at ITC and A.M. Naik at L&T have built a legacy any corporate leader would be proud of. Then there are others whose initiatives are still in the process of bearing fruit.


PTI
June 24, 2018
Infosys faced months of protracted standoff between its founders led by NR Narayana Murthy and the previous management over issues of corporate governance and compensation to former executives.


PTI
June 23, 2018
Infosys would deal with concerns raised by shareholders with regard to a whistleblower's letter complaining about governance issues, its Non-Executive Chairman Nandan Nilekani said today.


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