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Wipro announced on Thursday the issue of bonus shares to its eligible shareholders in the ratio of 1:1 along with its result for the second quarter ended September 2024. “The Board of Directors («Board») of Wipro Limited («Company»), have at their meeting held over October 16-17, 2024, considered and approved the following: Recommended to the shareholders for their approval, through postal ballot, issue of bonus equity shares in the proportion of 1 :1, i.e., 1 (One) bonus equity share of~ 2/- each for every

LTIMindtree reported 8% year-on-year growth in its consolidated net profit at Rs 1,251 crore in the quarter ended September 2024. Revenue from operations in the reporting period rose 6% year-on-year to Rs 9,433 crore. The company's board has approved an interim dividend of Rs 20 per share and fixed October 25 as the record date for the same. The said dividend will be paid within 30 days of the announcement.

Infosys, along with its second-quarter results, has announced an interim dividend of Rs 21 per share for its eligible shareholders and has fixed October 29 as the record date for the purpose. The company has also announced November 9 as the payout date for the dividend.

Infosys, reported a 5% growth in its consolidated net profit, reaching Rs 6,506 crore in the second quarter, compared to Rs 6,212 crore a year ago. The company has revised its FY25 revenue guidance to 3.75%–4.5%.

In a trading update published today (17 October), the FTSE 250 firm reported a $6.8bn net outflow from its systematic long-only strategies for the three months to 30 September, driven by a single client redemption of $7bn. Excluding a $100m net outflow from total return strategies and flat flows in multi-manager solutions, all other product categories saw net inflows during the quarter. Man Group enjoys record $900m net inflows as performance fees surge fivefold Assets under management fell from $178.2bn at the end of June to $174.9bn, as positive investment performance worth $400m...

Multiples has picked senior Deutsche Bank executive Rahul Chawla as managing director of credit strategy, according to a release on its website. Chawla was the APAC head of financing for the financial sponsors segment for Deutsche Bank in his previous role. Multiples is an asset manager that focuses on equity investments but with this development will be entering the credit investing space.

Mumbai city has recorded 5,199 property registrations during this period between October 3 and 11, showing a 13.2% year-on-year growth as against the performance in Navratri 2023, showed data from Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra. The state exchequer collected a total revenue of Rs 502 crore in just 8 working days from these registrations as against around Rs 430 crore a year ago. Additionally, the daily average property registrations rate increased to 578 units this Navratri from 510 units in last year’s Navratri.

Subscribe to enjoy similar stories. New Delhi: Jamshyd N Godrej, chairman of consumer goods to engineering solutions firm Godrej & Boyce, has pitched for a new government policy to phase out old and inefficient cooling products such as air-conditioners and refrigerators from the Indian markets by incentivising the switch to appliances that consume less energy.

climate change, a rapid analysis by a team of leading scientists said on Thursday. The analysis by World Weather Attribution (WWA) also underscored the urgent need for Nepal to limit development in low-lying, riverside areas of Nepali cities to prevent and protect people from future floods. WWA is a collaboration of international scientists that analyses and communicates the possible influence of climate change on extreme weather events, such as storms, extreme rainfall, heat waves, and droughts. The floods in Nepal followed three days of extreme rainfall starting September 26. As records were broken across central and eastern Nepal, with some weather stations recording more than 320 mm on September 28, massive floods and landslides claimed at least 244 lives and caused a heavy loss to the country.

William O’Rourke, a six-foot-four pacer from New Zealand, has quickly risen to prominence in international cricket. At 23, O’Rourke holds the record for the most wickets taken by a debutant for New Zealand in Test cricket. In the first Test match against India in Bengaluru, O’Rourke dismissed three key Indian batsmen: Virat Kohli, Yashasvi Jaiswal, and KL Rahul.

Shares are mostly higher in Asia after U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies

Japan has reported its exports to key destinations like China fell in September, leading it to rack up a trade deficit of about $2 billion for the month

In the remote village of Kamimomi in Japan’s western Okayama Prefecture, a small group of rice farmers began their most recent harvest in sweltering heat, two weeks sooner than usual

₹1,865 to ₹1,960 per share.The Hyundai Motor India IPO achieved a 42% subscription on the second day of the subscription period, according to BSE data. Retail investors subscribed to 38% of the portion, while non-institutional investors reached 26%. The qualified institutional buyers (QIBs) portion saw a subscription of 58%.

Gold prices held below record levels on Thursday as investors looked forward to a slew of U.S. economic data that could offer more clues on the Federal Reserve's monetary easing path.

Reliance Industries (RIL) will be in focus on Thursday as the oil-to-retail conglomerate has fixed Monday, October 28, 2024 as the record date for determining shareholders eligible for the issue of 1:1 bonus shares. The company received approval from shareholders late Wednesday. The total percentage of votes cast in favour of the bonus issue resolution was 99.92%, with just 0.07% votes against it.

U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies

Scaloni has been witness to many of Lionel Messi's magical moments over the course of his career but the Argentina manager said on Tuesday that even at the age of 37 his captain continues to amaze him. Messi, who was making just his second international appearance since recovering from an injury sustained at the Copa America in July, scored his 10th international hat-trick as Argentina beat Bolivia 6-0 in a World Cup qualifier. The record eight-times Ballon d'Or winner said after the game he would keep playing as long as he can perform the way he wants and Scaloni hoped he would be on the pitch for years to come.

The new Flockerz ($FLOCK) meme coin continues to dominate the presale scene, with over $700,000 in funding locked down.

monitoring stations recording levels that slipped into the 'very poor' and 'severe' categories. Emissions from transportation account for approximately 19.2 per cent of Delhi's air pollution, according to the Centre's Decision Support System for Air Quality Management in Delhi. Another major contributor to the worsening air quality is stubble burning in neighbouring states. Satellite data on Wednesday reported 99 fire incidents in Punjab, 14 in Haryana, 59 in Uttar Pradesh, and one in Delhi.

Subscribe to enjoy similar stories. Mumbai: IPO-bound Afcons Infrastructure Ltd received record orders in the first half of FY25—more than the previous highest annual business inflow—as the Shapoorji Pallonji (SP) Group firm expands business on the back of higher credit lines from lenders. The company has booked new orders worth ₹11,400 crore in the six-month period ending 30 September, as per publicly available information and two people in the know.