https://www.thehindubusinessline.com/portfolio/software-stocks-25-off-peak-is-now-the-right-time-to-invest-in-a-new-it-index-fund-and-etf/article67018765.ece Clipped from: https://www.thehindubusinessline.com/portfolio/software-stocks-25-off-peak-is-now-the-right-time-to-invest-in-a-new-it-index-fund-and-etf/article67018765.ece Though on paper Nifty IT is a 10-stock basket, but in essence, two stocks viz, TCS and Infosys account for over 50
Category: Company Specific News
ICICI Securities: A falling knife from the start – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/icici-securities-a-falling-knife-from-the-start/article67014710.ece Clipped from: https://www.thehindubusinessline.com/markets/icici-securities-a-falling-knife-from-the-start/article67014710.ece With I-Sec not contributing much to ICICI Bank’s SOTP, the decision to delist was perhaps to remedy this issue Shilpa Kumar (left),
Infosys inks $454 mn deal with Danske Bank; to acquire its India IT centre
https://www.business-standard.com/companies/news/infosys-danske-bank-deal-infosys-inks-454-mn-deal-with-danske-bank-to-acquire-its-india-it-centre-123062600166_1.html Clipped from: https://www.business-standard.com/companies/news/infosys-danske-bank-deal-infosys-inks-454-mn-deal-with-danske-bank-to-acquire-its-india-it-centre-123062600166_1.html The deal is estimated at $454 million for a period of 5 years with an option to renew for one additional year
👍ICICI Securities board to meet on June 29 to consider delisting shares – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/icici-securities-board-to-meet-on-june-29-to-consider-delisting-shares/article67010473.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/icici-securities-board-to-meet-on-june-29-to-consider-delisting-shares/article67010473.ece The board’s decision comes after shares of ICICI Securities surged 8.9 per cent intraday on Friday to a high of Rs 572.70
TCS signs $1.1 billion contract with UK’s Nest – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/tcs-signs-11-billion-contract-with-uks-nest/article66995022.ece Clipped from: https://www.thehindubusinessline.com/info-tech/tcs-signs-11-billion-contract-with-uks-nest/article66995022.ece The contract, to help Nest transform its administration services, if extended to the entirety of its 18-year tenure would be worth 1.5
TCS, Infosys, and Wipro: The poor math behind some share buybacks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/the-poor-math-behind-some-share-buybacks/article66955217.ece?cx_testId=27&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EXEPURFQAOW6#cxrecs_s Unless done at cheaper value-accretive prices, those who do not participate in buybacks lose out In finance circles it is said: “Buybacks are
👍Go First Insolvency Resolution: Go First files for voluntary insolvency resolution proceedings before NCLT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/go-first-files-for-voluntary-insolvency-resolution-proceedings/articleshow/99934815.cms Synopsis “Go First deeply regrets the current situation, which has forced it to apply to the NCLT. With Pratt & Whitney failing to
👍Kotak Mahindra Bank PAT up 26% | The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/kotak-mahindra-bank-pat-up-26/3068856/ Kotak Mahindra Bank’s net profit rose 26% year-on-year (y-o-y) in the March quarter due to a strong growth in its loan book. The
👍👍👍Letter without spirit | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/letter-without-spirit/3064323/ Kotak Bank has followed the RBI guidelines but appears to have ignored the regulatory intent One wishes Kotak had walked the talk while
👍Reliance’s expansion manageable, says S&P
lipped from: https://www.business-standard.com/companies/news/reliance-s-expansion-manageable-says-s-p-123042600467_1.html S&P said RIL’s adjusted debt will likely remain at Rs 2.6 lakh crore to Rs 2.7 lakh crore over the next two years
🙏🙏🙏🙏🙏HDFC Bank: RBI hasn’t handed out a sweetener! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/hdfc-bank-rbi-hasnt-handed-out-a-sweetener/article66773283.ece The real challenge will be in handling regulatory requirements such as reserve ratios and repricing the loan book A section of the street
🙏AU Small Finance tumbles 5% in 4 sessions; what should investors do?
Clipped from: https://www.business-standard.com/markets/news/au-small-finance-tumbles-7-in-4-sessions-what-should-investors-do-123042600518_1.html Last week, reports claimed that the Reserve Bank of India has raised concerns about the rapid rise in advances at AU Small Finance
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