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Information Technology

TCS Q3 net profit rises 12% to Rs 9,769 crore ;also board approved buyback of Rs 18,000 crore

Top IT service major Tata Consultancy Services (TCS) on Wednesday reported 12 per cent (YoY) increase in consolidated net profit for the quarter ending 31 December, 2021 at Rs 9,769…

Gaurav Verma Gaurav Verma 4 years ago
Automobile

TVS Motor and Swiggy partners for food delivery on electric vehicles

Online food delivery platform Swiggy has entered a strategic partnership with two-wheeler major TVS Motor Company to add more electric vehicles to its delivery fleet. The company’s MoU with Swiggy…

Gaurav Verma Gaurav Verma 4 years ago
Banking

Paytm shares slides by 51% against issue price

Paytm parent One97 Communications' shares hit a fresh record low on Thursday. The Paytm stock fell nearly four percent to Rs 1,040.9 on BSE. AT this price, One97 shares traded…

Gaurav Verma Gaurav Verma 4 years ago
Other Business News

Tata Group to replace Vivo as IPL title sponsor from this year

A year after returning as the title sponsors of the IPL, following a suspension, Vivo has stepped away from the deal and Tata Group, the Indian business conglomerate, has stepped…

Gaurav Verma Gaurav Verma 4 years ago
Banking

Axis Bank issued industry’s first letter of credit

Axis Bank has successfully executed the industry-first blockchain enabled Domestic Trade Transaction with Arcelor Mittal Nippon Steel India (AM/NS India), and Lalit Pipes & Pipes Ltd. (LPPL) on Secured Logistics…

Gaurav Verma Gaurav Verma 4 years ago
Cryptocurrency News

Tesla Owner mined $800 in Crypto per month Using His Electric Car

Mining is no longer a labour-intensive outdoor activity as the term gets frequently associated with cryptocurrency these days. It is the process by which new cryptocurrencies enter into circulation as…

Gaurav Verma Gaurav Verma 4 years ago
Other Business News

Blackstone Group sells its entire stake in Mindspace REIT for $235 million

Global asset management firm Blackstone Group Lp on Monday sold its entire 9.2% stake in Mindspace REIT to Abu Dhabi Investment Authority (ADIA) for $235 million. Mindspace REIT is backed…

Gaurav Verma Gaurav Verma 4 years ago
Telecom

Govt to become single largest shareholder in Vodafone Idea with 35.8% stake

Indian telecom operator Vodafone Idea’s board has informed the telecom department that it will opt for converting the interest on spectrum and adjusted gross revenue (AGR) dues into equity shares.…

Gaurav Verma Gaurav Verma 4 years ago
Automobile

Mahindra-owned SsangYong Motor sold for $255 million

A consortium led by South Korean electric carmaker Edison Motors Co has agreed to acquire debt-ridden SsangYong Motor Co Ltd for 305 billion won ($254.65 million), SsangYong Motor said on…

Gaurav Verma Gaurav Verma 4 years ago
Banking

RBL Bank Partners with Google to Unlock Seamless Customer Experience

The much-in-talks private lender RBL Bank Ltd (NS: RATB ) has announced to enter into a strategic collaboration with Google (NASDAQ: GOOGL ) on January 10 to further improve the…

Gaurav Verma Gaurav Verma 4 years ago
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