Nifty IT crash: India’s IT stocks extended their sharp decline on Friday after a weak global read-through from Accenture triggered a broad sell-off across technology counters, with analysts warning that the sector may no longer be a long-term investment theme in its current form. The sell-off in heavyweights such as Infosys, Tata Consultancy Services and…

The Delhi High Court on Thursday, July 9, dismissed a petition filed by former National Stock Exchange (NSE) managing director and chief executive officer Chitra Ramkrishna, challenging the applicability of the definitions of “public duty” and “public servant”, while also upholding the sanction granted for her prosecution by the Central Bureau of Investigation (CBI). A…

JSW Energy Ltd on Tuesday (May 5) said the Supreme Court has directed Maharashtra State Electricity Distribution Company Ltd (MSEDCL) to make an interim payment of ₹250 crore to the company in an ongoing tariff dispute related to its Ratnagiri unit. The dispute stems from an appeal filed by MSEDCL before the Appellate Tribunal for…

Shares of KPIT Technologies Ltd., having already declined 10% over the last two sessions, will again be in focus on Wednesday, July 1, after the company warned of its June quarter results to be weak. What Did KPIT Tech Say On June 30? On Tuesday evening, KPIT Tech said in an exchange filing that it…