On April 24, 2024, Tata Consultancy Services Limited (TCS), a global leader in IT services, consulting, and business solutions, announced through an exchange filing that it had entered into a strategic partnership with Amazon Web Services (AWS). The objective of the partnership is to enhance its customers’ cloud transformation journey at scale. The filing further …
Sterlite Technologies Limited (STL), a global leader in optical and digital solutions, announced significant developments in their US operations on April 24, 2024. STL’s fibre optic cables manufactured in the US are now compliant with the “Build America, Buy America” (BABA) provisions of the Infrastructure Investment and Jobs Act (IIJA). This positions them favourably for …
RITES Ltd, a leading Indian transport infrastructure consultancy firm with a proven track record of over 49 years, announced a significant collaboration today by signing a Memorandum of Understanding (MoU) with Damodar Valley Corporation (DVC). DVC, a statutory body under the Ministry of Power, plays a crucial role in India’s energy sector, managing a vast …
Dalmia Bharat Limited, one of the leading cement manufacturers, recently released its results for the quarter and year ended March 31, 2024. During FY2024, the company witnessed a growth of 11.8% on a YoY basis to 28.8 MnT. The installed cement capacity rose by 15.6% YoY to 44.6 MnT, and it has been recognised as …
Nifty Ends Above 22,400 On Wednesday, the Nifty index closed above the 22,400 mark, but it fell nearly 72 points from its daily high, forming a small-bodied candle with an upper shadow. This indicates that although the Nifty closed in positive territory, it could not sustain higher levels, marking the third consecutive day of such …
Oracle Financial Services Limited (OFSS), a leading provider of products and services to the financial services industry, recently released its results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance On a consolidated basis, the company recorded a 12% YoY revenue growth to ₹1,642 crore. In addition, operating income for …
On April 25, 2024, Happiest Minds Technologies Limited informed the stock exchanges that the company signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies Private Limited. Details of the Acquisition A Mindful IT company, Happiest Minds Technologies, has signed definitive agreements to acquire PureSoftware Technologies Private Limited for a total …
The benchmark index S&P BSE 500 opened today at 32,671.61 and touched an intraday high of 32,763.72 and a low of 32,653.21, while currently trading at around 32,751.80 up by 0.11%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Cochin …
On April 24, 2024, Nifty 50 and Sensex rose 0.15% and 0.16% to 22,402 and 73,852, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹2,511 crore, while domestic investors bought shares worth ₹3,809 crore. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty MidSmall Healthcare, Nifty Healthcare, and Nifty Consumer Durables closed …
On Wednesday, the market closed with gains for the 4th consecutive session, with the Nifty holding at 22,400 points. The Sensex rose marginally by 0.16%, ending at 73,852.94 points, while the Nifty saw a slight increase of 0.15%, closing at 22,402.40 points. Market volatility, as measured by the India VIX, increased by 1.5%, indicating higher …
