Shares of Melstar Information Technolog, Compuage Infocom, B&B Triplewall Containers, Future Supply Chain Solutions, Tatva Chintan Pharma Chem hit their fresh 52 wk lows today. Nifty 50 was up by 71.15(0.28%) points and Sensex was up by 270.63(0.33%) points at 02 Sep 2024 10:59:55 IST. Bank Nifty was down by -1.15(0.0%) points at 02 Sep…
The market valuation of eight out of the top ten most valuable companies in India saw a significant increase last week, adding a total of â‚ą1,53,019.32 crore. Bharti Airtel, along with IT giants Infosys and Tata Consultancy Services (TCS), emerged as the biggest beneficiaries, reflecting a strong rally in the equity markets, on August 30,…
A cooling jobs market after the post-pandemic frenzy has now struck the recruitment industry itself. Over the past year, projects have dried up, companies are picking up employees internally to save costs, and clients are renegotiating service fees and increasing closure timelines. The result: a paucity of hiring agents. Teamlease Services has had to optimize…
Infosys CEO Salil Parekh has assured that the company will honor the job offers extended to new graduates and that they will proceed with onboarding, despite some adjustments in the dates. Parekh’s remarks are particularly notable in light of recent reports suggesting that Infosys has postponed the onboarding of 2,000 engineering graduates from the 2022…
The combined market valuation of nine of the top 10 most valuable companies rose by â‚ą95,522.81 crore last week, with Reliance Industries, TCS, and HUL leading the gains. The 30-share BSE Sensex climbed for the fourth consecutive session, ending 33.02 points or 0.04 percent higher at 81,086.21 on Friday. Over the past week, the BSE…
The combined market valuation of seven out of the top 10 valued companies increased by â‚ą1,40,863.66 crore in the past week, which was shortened by a holiday, as the benchmark Sensex gained nearly 1%. Tata Consultancy Services (TCS) and Infosys were the top gainers, reflecting a positive trend on Dalal Street. Over the week, the…
These heavyweights—HDFC Bank, Reliance Industries, ITC, TCS, Infosys, and Kotak Mahindra Bank, collectively known as Hritik on Dalal Street, account for 40% of the Nifty 50 index.  View Full Image… Data compiled by DSP MF shows that the market capitalization share of the top ten Nifty companies is hovering around 20%, an all-time low…
Taxation should never be like reading tea leaves. But the storm in a teacup over a goods and services tax (GST) demand of about â‚ą32,400 crore made of Infosys (now being relooked) suggests a system full of riddles. As reported, services were availed by Infosys from its overseas branches. By one interpretation of India’s GST…
The combined market valuation of six of the top 10 valued firms jumped â‚ą1,85,186.51 crore last week, with Life Insurance Corporation of India (LIC) and Infosys emerging as the biggest gainers. Last week, the BSE benchmark climbed 728.07 points or 0.90 per cent. The valuation of LIC surged â‚ą44,907.49 crore to â‚ą7,46,602.73 crore. Infosys added…
The number of income tax returns (ITRs) filed in assessment year (AY) 2024-25 has increased by 8 per cent to five crore so far, said the Income Tax Department in a statement on Saturday. The IT department has tied up with tech major Infosys to deal with frequent glitches and other technical issues faced on…
