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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 Rs 16,000-Crore Shares, September Quarter Profit Up 7%
Edited by Sandeep Singh | Wednesday October 07, 2020TCS had posted a 13 per cent sequential decline in net profit to Rs 7,008 crore in the April-June period, missing Street 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 Over 304 Points Higher As Markets Rise For Fifth Straight Day
Edited by Sandeep Singh (with inputs from agencies) | 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. -
Sensex, Nifty Rise On Gains In Reliance Industries, Titan; TCS Buyback Awaited
Reuters | Wednesday October 07, 2020Reliance Industries shares rose as much as 4.5 per cent to Rs 2,309 after it said on Tuesday Abu Dhabi Investment Authority would invest Rs 5,513 crore in its retail arm. -
Sensex Falls Over 50 Points, Nifty Below 11,650 Amid Choppy Trade; TCS Shares In Focus
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020Asian airline stocks fell after US President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least $1.6 trillion in additional coronavirus relief funds.
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