Dish TV on Tuesday proposed to appoint Manoj Dobhal as the new CEO of the company as incumbent Anil Dua has decided to quit the direct-to-home company. Dobhal is the current Chief Operating Officer (COO) of the company. Dish TV is embroiled in a tussle between its largest shareholder Yes Bank Ltd (YBL) and the [...]
Adani Green Energy on Tuesday said that its board meeting scheduled for May 24 to has been cancelled due to non-availability of directors. The board meeting to consider fundraising proposals has been cancelled for the second time this month. The company in a filing stated that on account of the non-availability of Directors, the meeting [...]
Fortis Healthcare on Tuesday said its consolidated net profit increased 59 per cent to Rs 138 crore for the March quarter, on the back of strong performance in the hospital business. The healthcare major had reported a net profit of Rs 87 crore in the January-March quarter of 2021-22 fiscal. Total income rose to Rs [...]
Equity benchmark indices began the trade on a weak note on Wednesday following a bearish trend in the global markets as investors preferred to remain on the sidelines ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes. Halting a three-day rally, the 30-share BSE Sensex fell 251.26 points to 61,730.53. [...]
Commercial vehicles maker Ashok Leyland on Tuesday reported an over five-fold jump in consolidated net profit at Rs 802.71 crore for the fourth quarter ended March 31, 2023 riding on robust sales. The company had posted a consolidated net profit of Rs 157.85 crore for the same quarter previous fiscal, Ashok Leyland said in a [...]
Mining Major Vedanta Ltd said that its board of directors has approved the first interim dividend for the financial year 2023-24. Its shares closed at ₹ 288.60 apiece on the National Stock Exchange (NSE). The Mumbai-based company’s board on Monday approved a dividend of ₹ 18.50 per equity share. This dividend is equal to 1850% [...]
Sansera Engineering on Tuesday said its consolidated net profit dipped five per cent to Rs 35.42 crore in the March quarter. The consolidated net profit of the company was Rs 37.36 crore in the quarter ended on March 31, 2022, a company statement said. Total income increased to Rs 623.04 crore in the quarter under [...]
India's second-largest IT services company Infosys on Tuesday launched Topaz, an AI-first set of services, solutions and platforms using generative Artificial Intelligence technologies, and said the 'responsible by design' approach ensures uncompromising ethics, trust, privacy, security and compliance. Topaz leverages Infosys applied AI framework to build an AI-first core that empowers people to deliver cognitive [...]
Benchmark indices Sensex and Nifty eked out gains in volatile trade to extend the winning streak to a third straight day on Tuesday amid weak trends in global markets as investors preferred to remain on the sidelines ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes. Fag-end volatility dragged the [...]
Shares of Fusion Micro Finance Limited closed today at a price of Rs 493, gaining around 3 percent as compared to the previous closing price of Rs 479.60. The scrip touched its 52-week high mark at a price of Rs 519.80. In the last one-month period, the stock has moved up nearly 22 percent ranging [...]
