India’s second largest IT services company Infosys has fixed the record date for its Rs 18,000 crore share buyback on November 14. The buyback proposal was approved by the shareholders with overwhelming majority of 98.81%.Read More
Godrej Properties reported a record second-quarter net profit of Rs 405 crore, a 21% year-on-year increase. The company’s booking value surged 64% to Rs 8,505 crore, driven by strong sales across multiple cities and the launch of 12 new projects. This performance positions them well to exceed their annual booking value guidance.Read More
Markets are reacting to private data as economic figures are scarce due to the US government shutdown. Job cuts are rising, particularly in technology and warehousing. Concerns about high tech valuations are also unsettling investors. Meanwhile, Federal Reserve officials are weighing inflation risks against labor market strength. Oil prices are seeing increased supply.Read More
Wall Street’s main indexes opened lower on Thursday, as investors digested a slate of corporate earnings, while concerns around U.S. tariffs, surging valuations and mixed economic data kept investors on edge.Read More
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