Cognizant’s Q1 net profit surged 21.4% YoY to $663 million, fueled by margin growth from a land sale and a weaker base. Revenue rose 7.5% to $5.12 billion, driven by health sciences, financial services, and acquisitions like Thirdera and Belcan.…
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Gold prices have stabilized after reaching a record high, driven by investment flows amid concerns over President Trump’s trade policies. The surge in investment, particularly in ETFs and physical gold, offset declines in central bank purchases and jewelry demand.
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The Bank of Japan maintained its interest rates at 0.5% but lowered economic growth predictions due to uncertainties surrounding U.S. tariffs. While core consumer inflation forecasts were also reduced, the BOJ anticipates inflation to remain around 2% through fiscal year…
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Sebi will amend rules to include these category of shareholders, so as to bring more shareholders under the dematerialisation mode and reduce the volume of physical shares from the listing space.
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Vedanta Limited anticipates finalizing its business demerger by September. The demerger will lead to the creation of separate entities for its various business segments. Earlier, Vedanta revised its demerger plan to retain its base metal operations. Anil Agarwal stated that…
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Comptroller and Auditor General, Sanjay Murthy, convened a strategy meet. Senior officials discussed improving audit quality and ethics. The focus was on stakeholder engagement and audit practice synergies. Experts from IIT Delhi and Madras showcased Large Language Models. GIS mapping…
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