News reports, citing the police, have said the industrial chemical that leaked on January 5 was allegedly collected from Hikal in Taloja of Maharashtra. Hikal management clarified that the leak did not come from the tanker that was from Hikal.
Tata Teleservices on Tuesday said it will convert the interest on deferred AGR dues into equity shares, giving the central government a 9.5 per cent stake in the firm. The interest comes out to be Rs 850 crore as per the company’s estimates.
Veliath’s name did not figure among investors at the end of September quarter.
Gold price in the national capital on Tuesday jumped Rs 104 to Rs 46,606 per 10 grams, in line with a rally on international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 46,502 per 10 grams.
Ahead of the budget, the government is looking at providing capital gains exemption to shares of Indian companies that are listed directly on overseas stock exchanges. The move is similar to the norms that are applicable to depository receipts (ADRs and GDRs).
The recent correction in the broader markets and dull listing pops due to ultra higher valuations is weighing on the sentiments in the listed space
"So financials look interesting. Beyond that, we have been positive on real estate and capital goods, on expectations of multi-year investment cycle on both housing and private capex side."
“We expect Infosys to upgrade its current guidance of 16.5-17.5 per cent constant currency (CC) growth for FY22 to 17-18 per cent in CC terms,†analysts at YES Securities said. The company had reported a 20 per cent revenue growth in the last quarter also, beating Street expectation.
Post conversion, the government would likely hold around 35.8 per cent of the total outstanding shares. Vodafone Group would have 28.5 per cent and Aditya Birla Group would be owning 17.8 per cent stake in the telecom operator.
A total of 138,834 shares changed hands on the counter till 01:25PM (IST).
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