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Cognizant is also exiting the Digital Content Business, which is not in line with the companys long-term strategic vision.

Cognizant to lay off around 7,000 staff

The company has decided to remove 10,000-12,000 mid-to-senior level employees worldwide from their current roles in...

1 Nov 2019 1:06 AM IST

Muthoot Finance shares closed 0.14 per cent up at Rs 707.40 on BSE.

Muthoot Finance board approves USD 450 mn fund-raise

The finance committee of the board of directors of the company on Thursday approved the issuance.

31 Oct 2019 7:59 PM IST

Allahabad Bank shares closed 0.56 per cent down at Rs 26.85 on BSE. (Photo: Allahabadbank.in)

Allahabad Bank lowers interest rates by up to 35 bps

The RBI repo rate has been cut down to 5.15 per cent from the existing rate of 5.40 per cent.

31 Oct 2019 7:11 PM IST

The stock gained 1.32 per cent to Rs 3.85 at close on NSE.

Voda-Idea shares recover losses, settle higher over 2 per cent

Shares of the telecom operator ended up by 2.10 per cent at Rs 3.89 apiece.

31 Oct 2019 7:03 PM IST

Petroleum product sales was 21.4 million tonnes, while refinery throughput was 17.5 million tonnes in the September quarter.

IOC net profit dips 83 pc in Q2 on lower refinery margins, inventory...

Turnover slipped to Rs 1.32 lakh crore from Rs 1.51 lakh crore due to dip in prices.

31 Oct 2019 4:47 PM IST

The broader NSE Nifty too advanced 33.35 points, or 0.28 per cent, to close at 11,877.45.

Sensex closes at 40,129, extends gains for 5th session

After touching a fresh lifetime high of 40,392.22, the 30-share index settled 77.18 points, or 0.19 per cent, higher at...

31 Oct 2019 4:04 PM IST

Stock of the bank traded 9.54 per cent higher at Rs 31 on BSE.

Syndicate Bank reports Rs 251 crore net profit in Q2

The bank had reported a net loss of Rs 1,542.54 crore in the same period previous fiscal.

31 Oct 2019 3:57 PM IST

As recent as 2018-19, the sector had attained a size equivalent to 7.5 per cent. (Representational Image; Photo credit: AFP/ File)

Auto sector-'s contribution to GDP may slip to 7 pc this fiscal:...

Two wheelers and three wheelers, were expected to decline by 6-7 pc this fiscal as compared with 2018-19 to around 25...

31 Oct 2019 3:15 PM IST

Reliance Jio on Thursday wrote to Telecom Minister Ravi Shankar Prasad saying firms that have been ordered by the Supreme Court to pay past statutory dues.

Jio says telcos have sufficient capacity to pay dues after SC verdict

Service providers have sufficient financial capacity to pay govt dues by monetising their existing investments and by...

31 Oct 2019 2:55 PM IST

On the NSE, the stock soared 38.55 per cent to Rs 78.70.

Yes Bank stock zooms over 38 pc on USD 1.2 bn investment business

Shares of the private sector lender zoomed 34.94 per cent to Rs 76.65 apiece on the BSE.

31 Oct 2019 2:19 PM IST

FCA does not have a very strong position in Europe compared to PSA with its French and German brands.

Peugeot and Fiat Chrysler unveil merger of equals

Merger would be achieved via creation of a parent company in Netherlands in which the shareholders of each current group...

31 Oct 2019 2:11 PM IST

Led by the sharp fall in its shares, Vodafone Idea witnessed an erosion of Rs 3,792.58 crore from its market valuation which is now at Rs 12,442.42 crore.

Vodafone Idea plummets over 9 per cent to hit 52-week low

Shares of Vodafone Idea slumped 8.66 per cent to Rs 3.48 apiece - its 52-week low - on the BSE.

31 Oct 2019 11:26 AM IST