Stock market bounces back; banks, metals shine
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
The development came amid escalating tensions in the Middle East and a substantial surge in the US bond yields.
With the announcement of Q4 results on Thursday, Infosys has declared a final dividend of Rs 20 and a special dividend of Rs 8, i.e. a total dividend of Rs 28 to its shareholders.
The price of Brent crude had fallen to around $87 per barrel on Wednesday following higher US inventories and the decline in Chinese demand due to a slowing economy.
IT services management company Happiest Minds Technologies on Friday said it is acquiring Macmillan Learning India which will become a wholly-owned subsidiary of the company.
IITF, with B2B and B2C components, is one of the largest integrated trade fairs in the South- Asian region.
The share purchase agreement (SPA) was given to the bidders in the meeting recently and the process will start after a formal announcement is made, following its approval by the Shah-led ministerial committee.
A three-judge bench, in its July 2019 judgment, had held that Adani Power was justified in terminating the PPA, as it could not get coal supply on time from the Naini block of Gujarat Mineral Development Corporation (GMDC).
These measures include declaring large hydro power projects, i.e., projects with capacity of more than 25 MW as renewable energy source.
FIS has had a presence in India for more than two decades, and this recruitment drive underscores our continued commitment