On April 25, 2024, Interglobe Aviation Ltd (IndiGo) informed in an exchange filing that the company had entered into the wide-body space with an order for 30 Firm Airbus A350-900 aircraft. IndiGo agreed to order 30 Firm A350-900 aircraft, which will boost IndiGo’s ability to spread its wings further and expand its network. IndiGo can …
Infosys Limited, a global leader in next-generation digital services and consulting, announced a significant achievement on May 2nd, 2024. The company secured a prestigious position as a Leader in The Forrester Wave™: Application Modernization and Migration Services, Q1 2024 report. This recognition highlights Infosys’ exceptional capabilities in empowering businesses to leverage modern applications. Infosys’ leadership …
In FY 2024, approximately 94 stock splits were declared and executed among companies with a market capitalization exceeding Rs.500 crores. Out of these, 44 were completed. The data shows that 30 stocks registered positive returns following the split, whereas 14 experienced declines. A stock split generally makes shares more affordable, thereby altering the risk-reward ratio …
On April 24, 2024, MAS Financial Services released its financial results for the financial year 2024. The company reported a robust financial performance, where the consolidated AUM of MAS Financial Services crossed ₹10,700 crore in Q4 2024 and reported Profit After Tax (PAT) of more than ₹250 crore in FY 2024. The company stated that …
On April 24, 2024, ASK Automotive Limited informed the stock exchanges that the company had signed a strategic joint venture with a Japanese OE Auto Components Supplier, AISIN Group Companies. Details of the Partnership ASK Automotive Limited, the largest manufacturer of brake shoes and advanced brake systems for two-wheelers in India, announced a landmark joint …
Axis Bank Limited, one of the leading commercial banks in India, recently released its financial and operational results for the quarter and year ended March 31, 2024. Quarterly Performance During Q4 FY2024, the bank recorded a 15% YoY growth in operating profit to ₹10,536 crore. In addition, net profit stood at ₹7,130 crore, compared to …
At 11:00 am, the BSE Sensex plunged 0.10%, reaching a level of 73,810. The Nifty 50 index is down 0.14% to the 22,370 level. On the Sensex, Axis Bank, State Bank of India and HCL Technologies were among the top gainers, whereas Kotak Mahindra Bank, Hindustan Unilever and Bajaj Finance were among the market draggers. …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 190 points or 0.25% at 74,008, while the Nifty-50 was up around 40 points or 0.18% at 22,442. About 2,047 shares have advanced; 1,364 declined and 195 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
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 …
