Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to have claimed 200-300 jobs so far mainly in areas like administration, legal, and procurement.
Nine lenders have exposure to the promoter entities and had taken listed operating companies' shares as collateral from the promoter companies.
Touted as the world's largest cricket stadium in terms of seating capacity, the Sardar Vallabhbhai Patel Stadium (also known as Motera stadium) is being readied to host United States President Donald Trump and Prime Minister Narendra Modi. Take a look at the venue which is likely to host the 'Namaste Trump' event.
Gammon India and L&T were the only bidders left in the fray for the project
Bank shares were the top gainers led by ICICI Bank.
Top gainers in the Sensex pack included IndusInd Bank, Tata Steel, Vedanta, Tech Mahindra, ONGC, Axis Bank and ITC, rising up to 5.18 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
L&T Infotech hits the refresh button, rebrands itself as LTI With a new name, colour palette and business focus, L&T Infotech looks to break free of its past
The Gaganyaan project has the objective of demonstrating human space flight capability to Low Earth Orbit with three crew members in orbit and safely recovering them after the mission.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In the Sensex pack, Sun Pharma was the biggest gainer, rallying 4.48 per cent, followed by Bajaj Auto, Tata Motors, Coal India, Hero MotoCorp, Maruti and HCL Tech, rising up to 3.01 per cent. While, RIL, PowerGrid, HDFC, L&T, IndusInd Bank, NTPC and Bajaj Finance declined up to 1.50 per cent.
83% of the CEOS plan to hire more in the new year.
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Mumbai-based L&T Infotech, a part of the Larsen &Toubro group, is evaluating acquisitions of $50-200 million (close to Rs 200-820 crore) in the US, Europe and India in a bid to boost revenues.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
In its bid to attract young talent in manufacturing sector, engineering and construction major Larsen and Toubro Ltd is planning to tap villages and district level educational institutions in the country.
The broader NSE Nifty gained 17.35 points or 0.16 per cent to end at 10,997.35.
Private sector giants Reliance Energy, Torrent Power, Jaiprakash Group and L&T are among the companies that have bid for setting up hydro power plants in Himachal Pradesh.\n\n
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
Larsen and Toubro, I-flex and Hindustan Petroleum Corporation were presented PHD Chamber of Commerce and Industry Awards for Excellence 2004 on Friday.
Tata Steel and Axis Bank were among the top gainers in the Sensex pack, surging up to 6.67 per cent following their March quarter results.
7.8 million square feet of mall space is under construction this year, the highest ever since 2011.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Larsen & Toubro Limited, India's largest engineering and construction conglomerate, which has already won several contracts in China, is planning to make a major foray to tap the booming market of the communist giant.
Larsen & Toubro has bagged a $19 million order from Oman Cement Company for a cement grinding plant at Rusayl, Oman.
Top losers in the Sensex pack included IndusInd Bank, Bharti Airtel, Tata Motors, Axis Bank, Kotak Bank, Bajaj Auto, Yes Bank, HCL Tech, HUL and Hero MotoCorp, falling up to 4.36 per cent.
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
A large part of the work that CEO Sumit Gupta does is focused on educating users and the larger community about investing in cryptocurrencies, reports Neha Alawadhi.
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