Coforge on Friday, July 24, announced that it has secured a five-year contract valued at more than $230 million with a major European client for an artificial intelligence (AI)-led transformation programme. The company said the engagement is one of the largest AI-led transformation programmes it has won in Europe and will combine Low-Code/No-Code platforms with…
Three US-based shareholder law firms have launched separate investigations into HDFC Bank over potential violations of US federal securities laws, following media reports earlier this year surrounding the lender’s internal probe into alleged irregular payments and broader governance concerns. The investigations have been announced by Glancy Prongay Wolke & Rotter LLP, the Law Offices of…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Max India Ltd. has allotted 36.2 lakh equity shares on a preferential basis following the conversion of fully convertible warrants, raising ₹80.35 crore. The allotment was approved by the company’s Board through a circular resolution passed on July 23. The shares have been issued at ₹222 per share, comprising a face value of ₹10 and…
Following the subscription, investors can check the allotment status of the Caliber Mining & Logistics IPO online through the official websites of the BSE and NSE. The status can also be checked on the registrar’s website, with KFin Technologies acting as the registrar for the issue. Source link
The Magnificent Seven group of companies, led by Tesla, Alphabet and Amazon, wiped out $767 billion in combined market capitalization, on Thursday, July 23, marking the biggest single-day drop since US President Donald Trump’s tariff tantrums in April last year. Disappointing results from both Alphabet and Tesla contributed to the fall. Alphabet shares fell 7%…
Meesho shares will be in focus on Friday, July 24, after the value commerce platform reported a strong operational performance for the June quarter, with robust revenue growth, improving profitability and expanding margins. The company posted a 48% year-on-year increase in revenue from operations to ₹3,712.8 crore in Q1FY27, while its net loss narrowed 54%…
In the previous trading session, Bajaj Auto Ltd surged to a closing price of 11283.5, marking a 2.59% gain. SBI Life Insurance Company Ltd also advanced by 2.59%, closing at 1853.5. Mahindra & Mahindra Ltd rose 1.71% to 3229.7, while Tata Consultancy Services Ltd increased 1.57% to 2242.9. In contrast, Adani Enterprises Ltd retreated sharply,…
NSE, BSE on July 23 The Indian stock market extended its losses for the fourth consecutive session on Thursday, with benchmark indices Sensex and Nifty ending lower as oil prices surged following the US military’s completion of its 12th consecutive night of strikes on Iran. Source link
