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Latest Articles in Companies Markets
In 2nd Round, Hinduja Group Emerges As Biggest Bidder With Rs 9,650 Cr For Reliance Capital
The Committee of Creditors (CoC) had set a minimum bid amount of Rs 9,500 crore for the first round, Rs 10,000 crore for the second round and Rs 250 crore for subsequent rounds
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UK To Block Microsoft's $69 Bn Activision Deal
The country's antitrust regulator said on Wednesday that Microsoft's commitment to offer access to Activision's multi-billion dollar "Call of Duty" franchise to leading cloud gaming platforms would not effectively remedy its concerns
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Cognizant To Drive Nike’s Efforts In Hyper-automation, AI In 5-year Deal
As part of the agreement, Cognizant will assist both Nike's customers as well as employees with their technical support needs
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Bajaj Finance Profit Soars 30% In Q4 FY23
For full FY23, the PAT grew to Rs 11,508 crore from Rs 7,028 crore in FY22, up 64 per cent
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HDFC Life Records Rs 359 Cr Profit In Q4, Announces Dividend Of Rs 1.90 Per Share
“Recommended final dividend of Rs 1.90 per equity share of face value Rs 10 each for the fiscal year 2022-23, subject to the approval of the Shareholders at the ensuing Annual General Meeting (AGM),” the company said in a filing
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Maruti Suzuki Profit Jumps 42% In Q4
Total expenditure for the reviewed quarter was at Rs 29,546.9 crore, against Rs 25,024.2 crore in the same quarter last year, which is a surge of 18 per cent
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Sensex Extends Winning Streak For 5th Day; Nifty Rises Above 17,800 Level
BSE Sensex went up 170 points to close at 60,300.58 and NSE Nifty surged 47 points to settle at 17,815.90 on Wednesday
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Avaada Group Secures $1B From Brookfield For Renewable Energy Expansion
The collaboration will support us in pursuing exciting opportunities as we play a critical role in meeting the exponential growth of sustainable energy and position ourselves at the forefront of the global energy transition
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Poonawalla Fincorp Posts Highest Ever Profit Of Rs 585 Cr In FY23
The board has recommended a divided of Rs 2 per share (100 per cent of face value) for FY23, subject to shareholder's approval
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Google Parent Alphabet’s Quarterly Revenue Rises 3% Due To Search, Cloud Momentum
Google Cloud turned in a profit as revenue from this segment grew by 28 per cent, the fastest of any of the company's main business segments
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Microsoft Beats Wall Street Estimates As Quarterly Profit Rises 9%
Microsoft’s growth in the quarter ended 31 March, 2023 was driven by cloud computing and Office productivity software business. Also, the company says that the artificial intelligence (AI) was stimulating sales
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Wednesday Market Update: Banking Shares Bullish, RVNL, JSW Holdings Gain
Tuesday too was a positive day for the market and both BSE and NSE closed on green. The positive trend is expected to continue on Wednesday too
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SEBI Stops Brokers From Using Client Funds To Create Bank Guarantees
The order is a step taken by the regulator to safeguard clients’ funds and securities from misuse by brokers
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Arun Nanda Announces His Retirement After Outstanding Innings
He will not seek reappointment, consistent with the age limit for non-executive roles, thereby, he will retire at the upcoming AGM on July 25, 2023
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Index Consolidates Amidst Buying Momentum In Midcap Stocks
The indices did not see any significant move in Tuesday’s session but the stock-specific moves were positive as the cash segment stocks witnessed outperformance
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