New Delhi, Feb 8 (PTI) HCL Infosystems has reported narrowing of losses to ₹5.25 crore in the December quarter. The IT system integration and solutions company had posted losses of ₹9.30 crore in the year-ago period, according to a company filing. Revenue from operations tanked 30.14 per cent to ₹5.70 crore in the third quarter…
New Delhi: Cube Highways Trust has signed share purchase agreements (SPAs) to acquire three road assets from the National Investment and Infrastructure Fund’s (NIIF) Athaang Infrastructure for an enterprise value of $725 million. Mint had earlier reported that Cube Highways, one of India’s largest private toll road operators, was the frontrunner to acquire these assets…
Religare Enterprises Ltd (REL) investors accused executive chairperson Rashmi Saluja of hijacking the company’s annual general meeting (AGM) on Friday to avoid having to step down as director by deleting the relevant item from the agenda. This comes after two high courts – that of Madhya Pradesh and Delhi – had ruled that the AGM…
Last Updated:February 07, 2025, 13:08 IST Although the offer included a fixed salary of 25 LPA, an 87% increase from their current pay, the candidate dismissed it as a “lowball offer”. The Reddit user got an 87% increase from their current pay. (Representative Image/Getty Images) A candidate interviewed for an Associate role in Compliance at…
Volkswagen Group has been silent for a couple of years in the Indian market. Many Volkswagen enthusiasts are waiting for the brand to announce something. That said, the automaker has recently teased its upcoming car for the international market. But will this new Volkswagen car come to India?Attention Readers! Join us on Whatsapp Community for daily auto…
Feb 07, 2025 11:27 AM IST Mohini Mohan Dutta is an entrepreneur in Jharkhand’s Jamshedpur. Ratan Tata, the iconic businessman who passed away last year, has named a mystery man in his will, reportedly bequeathing a wealth of ₹500 crore to him. According to a report, the inner circle is perplexed as the individual’s association…
Multiple analysts who track shares of Tata Group’s Trent Ltd. have cut their price target on the stock by 14% to 16% after its December quarter results. Trent reported results during market hours on Thursday, post which the stock had a sharp 8% fall. Company Value Change %Change Trent’s results were in-line with expectations and…
India’s oldest exchange BSE has reported robust third quarter numbers as its net profit soared 104% year-on-year (YoY) to Rs 220 crore. Revenue from operations, on the other hand, jumped 108% YoY to Rs 773 crore. The profit before tax and exceptional items during the third quarter also more than doubled to Rs 268 crore…
Last Updated:February 06, 2025, 12:45 IST RBI Monetary Policy Meeting: A 25 basis points (bps) rate cut is widely anticipated, marking the first reduction since the Covid-19 pandemic in May 2020; Know how to watch live RBI Interest Rate Cuts: The Reserve Bank of India (RBI) is expected to cut interest rates for the first…
Tata Group’s Trent Ltd., the newest Nifty 50 entrant, reported December quarter results on Thursday, February 6, which were in-line with analyst expectations. Company Value Change %Change Revenue for the period increased by nearly 35% to ₹4,656 crore. A CNBC-TV18 poll had expected a revenue growth of 35% from last year to ₹4,680 crore. Trent’s…
