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 Federal Reserve Bank of Chicago President Austan Goolsbee provides insight on the state of the U.S. economy on 'Making Money.'

₹11,432 crore in the September 2023 quarter. This was 8.7 percent higher as compared to ₹10,431 crore in the corresponding period last year. Sequentially, the consolidated net profit was up 2.4 per cent as TCS had posted a profit of ₹11,074 crore in the June 2023 quarter.

dividend of ₹9 per share with a record date of October 19 and the payment date of November 7, 2023. Also, the company announced a share buyback of up to ₹17,000 crore at ₹4,150 per share. "Strong deal momentum delivered us a very large order book in Q2 – our second-highest TCV ever in a quarter, and a good pipeline.

Tata Consultancy Services Ltd (TCS), announced its second interim dividend of ₹9 per equity share of ₹1 each post financial results on October 11, 2023, rewarding its shareholders. TCS post its first quarter results in July had announced a similar interim dividend of ₹9 per equity share of ₹1 each. The second interim dividend shall be paid on Tuesday, November 7, 2023, to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Thursday, October 19, 2023, which is the Record Date fixed for the purpose.

Israel «to remain calm, vigilant,» the Indian Embassy here on Wednesday reassured them that it is «monitoring the situation closely» and «working constantly to help our fellow citizens in Israel.» In a recorded message on the X, the social media platform, India's Ambassador to Israel, Sanjeev Singla, said: «This is to assure you that the embassy is working constantly for your safety and welfare. All of us are going through very difficult times but please do remain calm and vigilant and follow the local security guidelines.» «We are here to help you, and we thank many of you who have sent so many messages of appreciation to us.

Tata Consultancy Services (TCS) has approved a second interim dividend of Rs 9 per share for the financial year ending 2024. «We would like to inform you that at the Board Meeting held today, the Directors have declared a second interim dividend of Rs 9 per equity share of Rs 1 each,» the company said in a filing. The record date for the second interim dividend is fixed as October 19. The second interim dividend will be paid on November 7 to eligible equity shareholders of the company whose names appear on the register of members of the company or in the records of the depositories as beneficial owners of the shares as on record date. Shares of TCS will likely trade ex-dividend on the day or a day before the record date. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment.

Tata Consultancy Services reported a net fall of 6,333 employees in headcount in the second quarter (Q2) of FY24 taking the overall headcount to 608,985. Further, the headcount fell by 7,186 compared to the year-ago period. India's largest software exporter had added only around 523 employees sequentially in Q1. This comes as IT companies are facing slow growth because of macro headwinds and tech spends being pulled by clients. Last month global IT major Accenture reported a headcount growth of just 951 in their fourth quarter while guiding a tepid 2-5% revenue growth for FY24. Voluntary attrition for the quarter for stood at 14.9% compared with 17.8% last quarter and the company said further improvements in the metric would be seen going forward.

new season that started Oct 1, and a decision will be made soon, said people familiar with the matter who asked not to be identified as the talks are confidential. Quotas for some overseas sales can be issued if domestic supply improves, they said. India recorded its weakest monsoon in five years and any drop in agricultural output will heap pressure on the government of Prime Minister Narendra Modi to control food inflation ahead elections next month and in 2024.

Mint explains why insiders expect the current quarter to be historic. India’s air passenger traffic has more than doubled since 2013. Domestic air passenger traffic for April-September 2023 saw a 142% jump to 112.9 million passengers from 46.6 million during the same period in 2013.

Russian oil at the widest premium above a G-7 imposed cap since the curb was introduced, highlighting the market’s importance to Moscow and a gap that may intensify scrutiny of the controversial mechanism. Crude processors in the key importer paid an average of $86 a barrel for Russian shipments in August, according to the Ministry of Commerce and Industry. That’s the biggest spread in dollar terms since the $60-a-barrel limit came into force after Moscow’s invasion of Ukraine in the first quarter of 2022. Oil rallied in the third quarter as OPEC+ leaders Russia and Saudi Arabia choked off some supply to tighten the market.

Livemint, the official website of Mint, the award-winning business and financial daily published by HT Media Group, has emerged as the fastest-growing news website in India. It recorded a 41% year-on-year increase in the number of page visits, according to Press Gazette's August 2023 ranking of the top 50 news websites in the world. The report also ranked Livemint as the third fastest-growing news site globally.

₹75 crore) in its first institutional funding round since it was founded in 2010. The round was led by homegrown private-equity firm First Bridge, which will deploy capital for Lavie via its India Growth Fund. “Lavie comes with a long track record of building successful consumer businesses," said Ayush Tainwala, chief executive of Bagzone.

Federal and Victorian energy ministers have declared confidence in the Australian Energy Market Operator to keep the lights on this summer as it commissions companies to provide an extra 118 megawatts in South Australia and 120 megawatts in Victoria to boost supply before the return of an El Nino weather system.

The competition regulator’s reasoning that the $18.7 billion takeover of Origin Energy by two North American bidders should go ahead because of a public benefit from a faster energy transition is “flimsy”, and consumers are likely to pay higher prices as a result of the deal, analysts say.

The Liontown Resources share price has slumped in a sign investors see little hope for Albemarle’s $6.6 billion takeover tilt at the lithium play after Gina Rinehart boosted her stake to 19.9 per cent.

London Luton Airport has been forced to postpone all aircraft operations until 1400 GMT on Wednesday owing to a vehicle fire incident that resulted in the partial collapse of one of its multi-story car parks. The situation began late Tuesday evening when the emergency services were notified of a fire on the airport grounds. Fortunately, no fatalities have been recorded as a result of the incident.

Avinash Sable was felicitated by the Indian army for winning two medals including gold at the Hangzhou Asian Games, and said that winning medals boosts the confidence of an athlete. «I felt very good after winning two medals.

mutual funds continue to see inflows while large-cap funds witnessed outflows, the data showed. “Equity-oriented funds continued to witness net inflows in September, marking the 31st consecutive month of net inflows. The segment witnessed net inflows of ₹14,091.2 crores in September 2023 lower than what it witnessed in the previous month ( ₹20,245.26 crore).

BHP’s chief commercial officer Vandita Pant is optimistic China’s housing market policies could buoy already strong demand for iron ore, generating “strong momentum” for the steel-making commodity into next year.

geopolitical tensions have dominated headlines. Be it the Russia-Ukraine waror various revolts outside the US, it seems like the world is becoming more chaotic and unstable. When nations lose trust in each other, it creates an environment where they are likely to engage in conflict to accomplish their goals.