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Economic Revival Clearly Visible Post COVID-19 Lockdown: Nirmala Sitharaman
Press Trust of India | Wednesday October 07, 2020, Amaravati, Andhra PradeshThe finance minister said she wondered why the Opposition leaders did not speak in Parliament when the bills were being discussed. -
Rupee Gains To 73.33 Vs Dollar, Halts 2-Day Fall
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020The dollar index - which gauges the greenback against six currencies - was last seen trading flat, having earlier gained as much as 0.23 per cent. -
TCS Announces Share Buyback Plan Of Rs 16,000 Crore
Edited by Abhishek Vasudev | Wednesday October 07, 2020The buyback comes at a time when TCS parent Tata Sons is engaged in a fight with one of its oldest shareholders, the Shapoorji Pallonji Group. -
TCS To Buy Back Shares Worth Rs 16,000 Crore, Quarterly Profit Misses Estimate
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020Tata Consultancy Services (TCS) - the country's largest software services company - on Wednesday announced a buyback of shares worth up to Rs 16,000 crore. The buyback comes at a time when TCS parent Tata Sons is engaged in a fight with one of its oldest shareholders, the Shapoorji Pallonji Group, which recently said "a separation from the Tata Group is necessary". The IT major also reported a net profit of Rs 7,475 crore in the July-September period, missing analysts' estimates. -
Sensex, Nifty Gain For Fifth Straight Session Led By Reliance Industries
Edited by Abhishek Vasudev | Wednesday October 07, 2020In the last five trading sessions, the Sensex has rallied 5 per cent and Nifty has surged 5 per cent. -
Sensex Rises Over 350 Points As Auto, Energy Stocks Jump; TCS Hits Record
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020Titan, Reliance Industries, Bajaj Auto, UltraTech Cement and Hero MotoCorp, trading between 1.97 per cent and 4.55 per cent higher, were the top gainers in the 50-scrip benchmark index. -
Sensex Ends 304 Points Higher As Markets Rise For Fifth Straight Day
Written by Sandeep Singh | Wednesday October 07, 2020Share Market Latest Updates: Asian shares shrugged off early weakness to scale two-week peaks. -
Reliance Industries Jumps As Retail Arm Secures Another Investment
Edited by Abhishek Vasudev | Wednesday October 07, 2020Last week, Abu Dhabi-based state fund Mubadala invested Rs 6,247.5 crore in Reliance Retail Ventures for 1.40 per cent stake in the company. -
Sensex Rises Over 200 Points As Markets Rebound; TCS Shares In Focus
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020Asian stock markets hit a two-week high, brushing off a Wall Street tumble and a drop in commodity prices after US President Donald Trump abruptly cancelled talks with lawmakers on coronavirus-relief spending plans. -
Infibeam Avenues Locked In 5% Upper Circuit For Third Day In A Row
Edited by Abhishek Vasudev | Wednesday October 07, 2020Infibeam Avenues shares have more than tripled since the lockdown was announced in March from a 52-week low of Rs 26.40. -
Titan Company Shares Surge On Sharp Recovery Across Businesses
Edited by Abhishek Vasudev | Wednesday October 07, 2020Titan's jewellery division saw a strong recovery as its division did very well in Q2, with a recovery rate of around 98 per cent. -
Gold Futures Approach Rs 50,000 As Precious Metals Ease Amid Dollar Strength
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020Gold And Silver Rate Today: At 12:05 pm, gold futures traded 0.84 per cent lower at Rs 50,104 while silver futures were down 1.16 per cent at Rs 59,870. -
Government Approves Dixon Tech For Smartphone Incentive Plan, Shares Jump
Edited by Abhishek Vasudev | Wednesday October 07, 2020Dixon Technologies' arm, Padget Electronics, was approved as a mobile manufacturing partner under the government's Production Linked Incentive scheme for Large Scale Electronics Manufacturing. -
Rupee Edges Lower To 73.56 Against Dollar Tracking Asian Currencies
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020The Reserve Bank of India's Monetary Policy Committee began a three-day review meeting on Wednesday. -
Billionaire Wealth Reaches New High During COVID-19 Pandemic: UBS
Reuters | Wednesday October 07, 2020, ZurichThe report, covering over 2,000 billionaires representing some 98 per cent of the cohort's total wealth, found billionaire wealth grew by more than a quarter during the early months of the pandemic.
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