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If allegations are proven, Infosys may part ways with CEO Salil Parekh

Thu, 24 Oct 2019 00:20:13 +0530

If allegations are proven, Infosys may part ways with CEO Salil Parekh Current and former senior executives of Infosys as well as several analysts that Moneycontrol spoke to are convinced that the board headed by non-executive chairman Nandan Nilekani will not hesitate to replace Parekh if the evidence claimed by the whistleblowers substantiates the allegations.

Congress dissolves its Gujarat unit; Amit Chavda to continue as state chief

Wed, 23 Oct 2019 22:20:05 +0530

Congress dissolves its Gujarat unit; Amit Chavda to continue as state chief The Gujarat unit would be revamped and a new body would be formed soon, party sources said here, but the dates for revamping were not announced.

SC reserves order on Jaypee Group#39;s plea against NCLAT until November 6

Wed, 23 Oct 2019 22:11:59 +0530

Vandana Ramnani The counsel for homebuyers opposed the plea and said that there is a window until November 14 for the revised plan of NBCC to be considered by CoC.

Trump: #39;small number#39; of US troops to remain in Syria oil area

Wed, 23 Oct 2019 22:08:06 +0530

Trump: #39;small number#39; of US troops to remain in Syria oil area "We have secured the oil and, therefore, a small number of US troops will remain in the area where they have the oil," he said.

Exercise utmost caution while travelling to Turkey: India#39;s advisory to nationals

Wed, 23 Oct 2019 21:56:07 +0530

Exercise utmost caution while travelling to Turkey: India#39;s advisory to nationals The advisory comes amid strain in ties between the two countries after Ankara issued several statements on Kashmir since August 6.

Punjab CM Amarinder Singh calls hike in wheat MSP inadequate, cosmetic measure

Wed, 23 Oct 2019 21:48:05 +0530

Punjab CM Amarinder Singh calls hike in wheat MSP inadequate, cosmetic measure The Centre on Wednesday increased the MSP for wheat by Rs 85 to Rs 1,925 per quintal.

Oil rises on surprise draw in US stocks, prospect of OPEC action

Wed, 23 Oct 2019 21:43:02 +0530

Oil rises on surprise draw in US stocks, prospect of OPEC action Oil prices had fallen earlier in the session on data from industry group the American Petroleum Institute showing US stocks rising more than analysts had expected, by 4.5 million barrels to 437 million barrels.

Mark Zuckerberg reassures US Congress on Facebook#39;s digital currency plans

Wed, 23 Oct 2019 21:38:03 +0530

Mark Zuckerberg reassures US Congress on Facebook#39;s digital currency plans Representative Maxine Waters, the panel#39;s fiery Democratic chair, had previously called for the Libra project to halt its planned 2020 launch, and has drafted legislation that would bar tech companies from entering financial services.

Google announces breakthrough in quantum computing research

Wed, 23 Oct 2019 21:30:09 +0530

Google announces breakthrough in quantum computing research Google said that an experimental quantum processor had completed a calculation in just a few minutes, something that would otherwise take any traditional supercomputer thousands of years.

KPIT posts Rs 36 cr net profit in September quarter

Wed, 23 Oct 2019 21:30:05 +0530

KPIT posts Rs 36 cr net profit in September quarter Its revenue from operations was Rs 544 crore for the quarter under review as compared to Rs 505.7 crore in April-June 2019, according to a regulatory filing.

Shoppers Stop Q2 net loss at Rs 8.17 cr

Wed, 23 Oct 2019 21:20:05 +0530

Shoppers Stop Q2 net loss at Rs 8.17 cr Total income was down 0.85 per cent to Rs 884.50 crore during the period under review as against Rs 892.14 crore of the corresponding quarter of the previous fiscal.

Overlook political expediencies,prioritise spends: LT to govt

Wed, 23 Oct 2019 20:55:05 +0530

Overlook political expediencies,prioritise spends: LT to govt The government is delaying payments, leading to pressure on working capital, the management of the engineering major said, adding it cannot #39;afford#39; such a situation.

SC starts examining if free speech can be curtailed on sensitive issues under investigation

Wed, 23 Oct 2019 20:50:05 +0530

SC starts examining if free speech can be curtailed on sensitive issues under investigation The top court had said however that it would go into the larger question on whether a public functionary or a minister claim freedom of speech while expressing his views on matters which are under investigation.

Trade Setup for Thursday: Top 15 things to know before the Opening Bell

Wed, 23 Oct 2019 20:40:18 +0530

Trade Setup for Thursday: Top 15 things to know before the Opening Bell According to the pivot charts, the key support level for the Nifty is placed at 11,555.13, followed by 11,506.17.

Biocon Q2 net profit at Rs 216 cr

Wed, 23 Oct 2019 20:40:08 +0530

Biocon Q2 net profit at Rs 216 cr Consolidated total income of the company stood at Rs 1,610.6 crore for the quarter under consideration as against Rs 1,375.4 crore for the same period year ago.









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