BharatPe claws back shares of co-founder Ashneer Grover
The fintech startup has also terminated the services of several employees.
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May 2022
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IL&FS crisis deepens with shareholders deferring bridge loan
Group writing to government and RBI, seeking their intervention; Centre not too keen on bailout, say sources.
Blackstone to invest in TaskUs
While Blackstone did not provide financial details of the transaction, according to a Bloomberg report the private equity major is buying a “large” stake for $250 million.
No cheers for new Sensex life-high
The 30-stock index bounced to a new life-high, but the contributors to the 0.81% increase from the previous high are concentrated.
TCS’s Q1 profit up 23.5% y-o-y
TCS recorded a net profit of Rs 7,340 crore during the June quarter compared to Rs 5,945 crore in the year-ago period.The software-services firm announced an interim dividend of Rs 4 per equity share.
LIC, and the premium for sovereign guarantee
The periodic premium that Life Insurance Corporation (LIC) of India pays is a cost borne by its premium-payers.
TCS share buyback: Why Tata Sons should cheer the most
The second TCS share buyback in two years will help Tata Sons, the largest shareholder in TCS, pare its stake in a tax-efficient way.
