8 most-valued companies add Rs 2,10,330.26 crore in combined market valuation; TCS, LIC lead the pack
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8 most-valued companies add Rs 2,10,330.26 crore in combined market valuation; TCS, LIC lead the pack

July 21, 2024
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The combined market valuation of eight most-valued firms jumped by Rs 2,10,330.26 crore in a holiday-shorted last week. IT behemoth Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) emerged as the biggest gainers.  Last week, the BSE benchmark climbed 85.31 points or 0.10 percent. The 30-share BSE

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Kedarnath yatra: 3 killed, several injured in landslide in Rudraprayag district, rescue operation on
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Kedarnath yatra: 3 killed, several injured in landslide in Rudraprayag district, rescue operation on

July 21, 2024
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Kedarnath yatra: 3 killed, several injured in landslide in Rudraprayag district, rescue operation on Rudraprayag District Disaster Management Officer Nandan Singh Rajwar said the accident happened at around 7:30 am near Chirbasa area on the Gaurikund-Kedarnath trekking route. Uttarakhand CM Pushkar Singh Dhami expressed grief over the accident and people

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Bengaluru IT sector to go for 14-hour workday? Karnataka govt gets proposal, employees fume
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Bengaluru IT sector to go for 14-hour workday? Karnataka govt gets proposal, employees fume

July 21, 2024
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A year after Infosys co-founder Narayana Murthy suggested youngsters should work 70 hours a week, IT firms in Karnataka have submitted a proposal to the state government demanding an extension of employee working hours to 14 hours. The state government is considering amending the Karnataka Shops and Commercial Establishments Act,

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ITR filing 2024: A tweak leaves many taxpayers in a  bind. Here’s what the problem is
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ITR filing 2024: A tweak leaves many taxpayers in a bind. Here’s what the problem is

July 21, 2024
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A recent update to the income tax filing utility has left many taxpayers in a bind, forcing them to forego a valid tax rebate of up to Rs 25,000 under the new tax regime. This issue, arising from an error in the utility, contradicts the Income Tax Act, 1961, and

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Burmans vs Religare Board: The high-stakes battle for control of the Rs 6,300-crore Rashmi Saluja-led firm
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Burmans vs Religare Board: The high-stakes battle for control of the Rs 6,300-crore Rashmi Saluja-led firm

July 20, 2024
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The Burman family and the Religare management have been engaged in a long, bruising battle for control of the Rs 6,300-crore Religare Enterprises. With regulators stepping in now, what lies ahead? Photos By: Hardik Chhabra Will you, won’t you, will you clear the way, Religare?  The question sums up the

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Humanity has discovered more than 5,500 exoplanets outside solar system
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Humanity has discovered more than 5,500 exoplanets outside solar system

July 20, 2024
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Produced by: Tarun Mishra New Milestone Achieved On August 24, 2023, scientists confirmed the discovery of six new exoplanets, increasing the total number of confirmed exoplanets to 5,502. This marks a significant milestone in the study of worlds beyond our solar system. Historical Context The first exoplanets were confirmed in

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‘998-lights-years away’: NASA’s TESS discovers exoplanet with unusual orbit undergoing transformation
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‘998-lights-years away’: NASA’s TESS discovers exoplanet with unusual orbit undergoing transformation

July 20, 2024
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Produced by: Tarun Mishra Designed by: Manoj Kumar Astronomical Discovery An exoplanet, designated TIC 241249530 b, located approximately 998 light-years from Earth, is exhibiting one of the most unusual orbits ever observed and is transitioning into a “hot Jupiter” world. Detection and Initial Findings Discovered by NASA’s Transiting Exoplanet Survey

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Top stocks of the week: Mphasis, Tata Consultancy Services, Infosys, Coforge and more
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Top stocks of the week: Mphasis, Tata Consultancy Services, Infosys, Coforge and more

July 20, 2024
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Produced by: Prashun Talukdar Market recap: Sensex, Nifty slipped after hitting record highs Indian equity benchmarks on Friday fell after scaling their fresh lifetime high levels. The 30-share BSE Sensex touched an all-time high of 81,587.76 before settling 739 points or 0.91% down at 80,605. The broader NSE Nifty index

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IREDA clarifies on NSE’s query over Nepal hydropower project. Details here
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IREDA clarifies on NSE’s query over Nepal hydropower project. Details here

July 20, 2024
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Indian Renewable Energy Development Agency (IREDA) Ltd on Saturday issued its clarification in response to NSE’s emailed query over the recent equity investment of 10 per cent shareholding in GMR Upper Karnali Hydro Power Ltd and Karnali Transmission Company Pvt Ltd to set up a 900 MW Hydroelectric Power Project

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HDFC Bank Q1 FY25 results: Profit up 35% YoY at Rs 16,175 crore; total income jumps 45%
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HDFC Bank Q1 FY25 results: Profit up 35% YoY at Rs 16,175 crore; total income jumps 45%

July 20, 2024
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HDFC Bank Ltd on Saturday reported a 35.33 per cent surge in its year-on-year (YoY) standalone net profit during the first-quarter of the ongoing financial year 2024-25 (Q1 FY25). During the quarter under review, the country’s largest private lender’s profit came at Rs 16,174.75 crore compared with Rs 11,951.77 crore

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